what is Wachovia's annual interest rate (in NC)? what is Bank of America's?

Question

i need the interest rates for Wachovia and Bank Of America (in North Carolina, if that helps any) for a savings account. Thanks for everyones help!

Answer 1

Around 2-5% depending on the type account Regular, 1,2,3,4,5 .... 10 year CD, Trust Fund, etc. and what the Government tells them it is every 3-4 months.
For borrowing it depend on what the money for. Cars may get a lower rate as they know most people who borrow money for a car, be buying cars the rest of their life.
Home loans can be negotiated and people can actually buy "Discount Points" on the loan.
So, the bottom line is you really need to talk with the Bank concerning interest and if you Borrow or Save money and how you intend to do this.

Answer 2

Just go to their websites and select the type of account you want - it varies with minimum balance etc. For a more comprhensive selection go to Bankrate.com. You can find out who offers savings accounts in North carolina and what rates they offer. Internet banking probably will give you the best rate. Try hsbc.com.