Wachovia money market rates November 2011
Are you looking for a form of investment that will make it easy for you to earn interest? Do you want to have immediate access to your funds so that you can withdraw them at any time without worrying about the penalties that may come with it? If you have answered yes to both the above questions, then Wachovia Bank’s money market account is the right option for you. They provide a good return on your investment and also offer the much needed liquidity for your needs.
This money market account can be opened with a minimum balance of $100 and it can even be funded online. You can transfer from an existing Wells Fargo or Wachovia account or transfer from a non Wachovia account or use credit card. Another option is to send a check by mail or visit the nearest branch and pay with cash or check. These options make it easy to open and maintain the money market account. Also, all customers have access to online and mobile banking to enjoy the convenience that comes with it.
This account comes with a monthly maintenance fee of $10 and this amount is waived if there is a minimum daily balance of $3,500 or a $75 or more automatic transfer is set-up from another Wells Fargo or Wachovia account. The current Wachovia money market rates are 0.05% APY for all balances. The Wachovia bank money market rates are 0.15% APY when this account is linked to PMA Premier checking account, PMA Prime Checking account, Wells Fargo Complete Advantage checking account, Wells Fargo Premium Membership checking account or Wells Fargo Custom Management checking account. These Wachovia interest rates are competitive in the current market conditions.