September 16th, 2008

Every dollar matters

This bank deal has expired. For the most up to date bank deals, check out our fresh list of bank deals.

Wacovia just announced that they successfully were able to attract over 1 million U.S. customers through their “Way2Save” automatic savings program within just 8 months.

Way2Save encourages customers to save by transferring $1 from their checking account into a special savings account each time they make a Check Card purchase or an electronic payment. With Way2Save, customers earn a 5% Annual Percentage Yield (APY) plus a 5% annual bonus in the first year and a 2 percent APY and 2 percent annual bonus in the second and third years.