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Update on Wachovia Bank Promotions

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Wachovia Bank
Wachovia has a new promotion for its High Performance Money Market Account. It's not listed on their website, but I called and was told that there's a promotional yield on this MMA of 4.75% APY for new customers with balances of over $25K. According to the banking representative, it's not an intro rate. This promotion started on Monday and is available through July 3rd. In March Wachovia had a similar promotion but with a yield of 5% APY guaranteed for 3 months for new customers.

According to the banking rep, Wachovia is still offering a 5.40% APY 7-month CD special. But it's only being offered in Texas. The minimum deposit is $5,000. I first posted on this in March. Last month two Wachovia branches in Irvine, California were offering a 5.61% APY 8-month CD (see post).

The best Wachovia deal is a $125 bonus for the Free Checking Account. This is available through June 24, 2007. However, it's only for those in California (see post). The $50 bonus that was available nationwide ended in April.

  Tags: Wachovia Bank, CD rates, checking account, savings account

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Comments
Comment #1 by Anonymous posted on
Anonymous
has anyone tried the wachovia $125 deal? Seems like free $75 just for opening. The other $50 are too much of a hassle.

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Comment #2 by Darvin (anonymous) posted on
Darvin
Hello. I find your blog is very interesting. So much has already been said about banks – good and bad. Wachovia Bank is one of the most popular among the dissatisfied customers, the majority of reports have been posted about it. You can find lots of claims on www.****edconsumer.com. Everyone can file his/her feedback on the site to share experience with others.

1