Wachovia Bank is featuring a 4.75% C.D. with a 5 year maturity. The CD features:

Minimum balance of $5,000
FDIC insured
Wachovia Security PlusSM
Automatic renewal option
Regular CD interest payments—monthly or quarterly

Aside from this 5 year promo CD, their other CD rates are quite low, ranging from 1.00% to 1.80%. These should definitely be avoided.

Wachovia is now listing its featured 4.75% APY 60-month CD on their website. You can see it listed at Wachovia’s Savings Accounts & CDs page. The minimum deposit is $5,000, and a checking account is required.
To see the rate, you still have to enter your zip code. It appears you can apply online, by phone […]