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Wachovia Bank’s Way2Save Savings Program with a 5.00% APY
Wachovia Bank has a savings program called Way2Save that links a Wachoviabank checking account to a Way2Save account and credits the account $1 for each check card purchase, automatic debits from your checking account, and online bill payments. To build balances even faster, you can set up an automatic transfer, up to $100 each month, from your checking to your Way2Save account. During the first 3 years of the Program, a special interest rate and Annual Percentage Yield (APY) will be offered and will be: 5.00% APY Year 1 and 2.00% APY Years 2 and 3. The APY on your Way2Save account will change 12 months from the date the first transfer was credited to your account and each 12 months thereafter, during the first 3 years. At the start of year 4, the APY will be the same as the Premium Savings rate in effect at that time. The Way2Save account is a variable-rate account and the rate is subject to change.

Click here to view the Way2Save Calculator and see how much this program can save you. Wachovia Bank has branch offices in over 15 states where the account can be opened or apply online.