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Wachovia Bank 7 Month CD Rate
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Wachovia Bank is offering one of the best CD rates for a 7 month CD, the promotional yield is currently 4.00% APY. The minimum deposit is $5,000. Interest is compounded daily and the CD is insured to the maximum allowed by the FDIC. The interest you earn on the CD account can be withdrawn at anytime or you can choose monthly or quarterly withdrawals. There are steep penalties for early withdrawals of principal before your CD matures, which is based on the CD term and the amount withdrawn.
An account can be opened online in 8 minutes, by calling 1-800-WACHOVIA or at your local Wachovia branch. |
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