Wachovia WAY2SAVE

[Ran]

I opened mine about 2 weeks ago and have already put over $30 into it. Mainly because I use my card for everything. Anyone else opened up one of these?


For those that don't know, the WAY2SAVE program is like the BoA "Save the Change" program. Wachovia just adds $1 to all your debit card purchases and tranfers it to a savings account. Every month it accumulates 5% interests and, at the end of the year, you get another 5% on your total balance. The only drawback, is that you can't just walk into a bank and transfer money into it. Still, for those of us that won't willingly save money, this is a great program.

[Blitanicle99]

Hmm... I have been thinking about doing this because everything I do is "for work" thus I can write it off for work...

[Motivation]

Sounds like a good way to save... Is there a certain period you have to keep it in or does it go to your bank account that you have with them?

[seriousb13]

bump, interesting

[quickdodge®]

This should go in the WALLSTREET section, Ran. Better suited in there. Later, QD.

[hondachik]

That sounds really good. I've been debating on the longest on which to bank with: Wachovia or Bank of America.

[candy2082002]

That sounds really good. I've been debating on the longest on which to bank with: Wachovia or Bank of America.

I had BOA and they can kill you with fees, but Wachovia is great zero fees for us. I did like BOA's Keep the change cause it did not seem like alot was coming out of your checking, but it really does add up. I have been thinking about keep the change.....not sure tho....it seems like a really good deal...we might end up signing up for it.

[ShooterMcGavin]

This should go in the WALLSTREET section, Ran. Better suited in there. Later, QD.

the old man is correct, moved.

[mocha latte cupcake]

i love bank of america, keep the change etc etc similar programs are great, but they simply round up your purchases out of your PERSONAL bank account.. so if you buy something thats 2.01 you've just spent 3 dollars..the banks do this b/c it gives THEM greater amounts of money b/c they can just take all those pennies etc etc and put them to their use. but stil its a great system!

[Sammich]

thanks for the heads up...think ill do this one

[kelly marie]

we have our bank and savings accounts through wachovia and use our way2save on all of them. we started it about three months ago and have saved tons of money! it just made sense.. we use our debit card for everything!!

[ShooterMcGavin]

for the record i can't ever get into these type of programs, mainly cuz i never ever use my debit card for anything :P

[Ran]

This should go in the WALLSTREET section, Ran. Better suited in there. Later, QD.

I figured it be one or the other but didn't know which. So I just guessed. Thanks though.

the old man is correct, moved.

Thanks dude.

for the record i can't ever get into these type of programs, mainly cuz i never ever use my debit card for anything :P

Yeah, for people that don't use their debits card a lot, it really doesn't help a lot and a traditional savings account would probably be better. However, for people like me that use their card for EVERYTHING, it's been awesome.

Sounds like a good way to save... Is there a certain period you have to keep it in or does it go to your bank account that you have with them?

No, this is a completely different savings account. Basically, they set up a new savings account just for your WAY2SAVE program. You can track it online as well to see where you're standing.

As for a time period, I don't believe you need to keep it for any set period of time but I'd have to double check.

[JITB]

im gonna sign up i just heard about it a few days ago..

[osiriskidd]

i opened it about a week ago. already have near 20 dollars.

[twinj]

i opened it about a week ago. already have near 20 dollars.

Seriously I am going to have to look into this

[IOnlyLookStock]

Had mine open for 2 months now, and already at 178 bucks!! I love it.

[blaknoize]

I just save my own change in a box and do it myself. Chalk accidentally overdrawing then being docked for it cuz u assumed that it wouldnt rounded to the nearest dollar. I didnt wanna spend 3 dollars when I bought an item for $2.42 plus tax. I'll keep my own change.

[blaknoize]

Apprentally I managed to double post in a single transaction, keepin tha change is fukin up the flow here or... IA server has slowed.

[DC2NR]

had mine for about 5 months now ... got about 160 in it. with like 2 dollars from interest.

[TealEJ1]

Had mine open for almost 3 months, saved $240

[IndianStig]

i think imma do this. 5% is nice

5% or .5% though?

[Sport1.3]

i think imma do this. 5% is nice

5% or .5% though?

5%. 5% of $30 is $1.50. BIG BALLIN!!!

[ksniperfox]

5%. 5% of $30 is $1.50. BIG BALLIN!!!

thats better than my savings account. i put 1k in my savings and after a month i got 15 cents. woot.


but srsly, **** keep the change. i just take X amount of money from every direct deposited paycheck and put it into savings myself. and its a lot more than a measly $200/month that people are too lazy to do themselves that they have to sign up for a special program for.

[IndianStig]

thats better than my savings account. i put 1k in my savings and after a month i got 15 cents. woot.


but srsly, **** keep the change. i just take X amount of money from every direct deposited paycheck and put it into savings myself. and its a lot more than a measly $200/month that people are too lazy to do themselves that they have to sign up for a special program for.

well what is the interest rate on your savings account? 5% sounds really good to me

[Sport1.3]

i have the keep the change with BOA and its hardly at $40 after almost a month lulz. I also dont have any fee's.....im still on a student account.....i wonder when they will find out i'm not in school anymore