Average Rating
Get paid to save with Wachovia’s Way2Save account. It lets you save automatically by transferring $1 into from your checking account whenever you make Check Card purchases, pay bills online, or set up automatic debits. It’s a convenient way to save!
I opened an account at Wachovia because the have a branch and ATM in the lobby of my office building. The Way2Save thing was just an afterthought. So far, I've accumulated a tidy little nest egg - OK, mad money - in the account. I never think about, then I get a statement with a balance. Also will draw from Way2Save first, at no charge, if you have an OD.
I am a bit indifferent on the Way2Save savings account. This may be due to my loyalty to a competitor bank. In any event, I do have this account with a little bit of cash in it. I receive my statement monthly and I am not seeing a huge increase from month to month. I need to continue using the account more to see more happen. But, from the spending that I have done, those dollars do add up. It is a nice benefit to be able to automatically save though b/c I honestly can say that I am not good at depositing and retaining money in my savings account. This makes it a more automatic process for me.
This is a great account. $1 is automatically transferred from your checking account to your savings account each time you use your Visa checkcard. Personally, I always use my checkcard for all transactions, so I've accumulated a lot since I opened my account in January. The best thing about this account is the interest rate--usually above what the other banks are providing--plus this account offers a savings bonus annually.
I LOVE the upfront rate that you get. Better than having to keep the account for years before anything happens with it if you know what I mean. It's quite satisfying to get immediate results from your savings you'll find.
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 5.01% ![]() |
5.12% |
| 30 Year Fixed | 5.48% ![]() |
5.60% |
| 1 Year ARM | 3.79% ![]() |
3.80% |
| 5/1 Year ARM | 4.08% ![]() |
4.16% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.79% | 4.79% |
| 10 Year Loan | 7.62% ![]() |
7.66% |
| 15 Year Loan | 7.75% ![]() |
7.79% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.29% | 0.29% |
| Money Market/Savings | 0.42% ![]() |
0.43% |
| 12 Month CD | 1.34% ![]() |
1.36% |
| 60 Month IRA CD | 2.45% | 2.45% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 11.62% ![]() |
11.49% |
| No Annual Fee Cards | 11.55% ![]() |
11.52% |
| Reward Cards | 12.08% ![]() |
12.02% |
| Small Business Cards | 10.88% | 10.88% |
| Student Cards | 14.85% | 14.85% |
| Platinum Cards | 11.58% ![]() |
11.54% |