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Advantage
Account
view the Advantage Account
Agreement
view the
Cash Sweep Program Disclosure Statement
Choice of Several Sweep Options
Your cash, when not invested in
stocks or other securities, is
invested in one of several sweep
options — whichever one you
choose. Every day your
dividends, interest and excess
cash are swept down to the penny
and reinvested — automatically.
Detailed Monthly Statements
Each month, you’ll receive an
easy-to-follow statement that
recaps all account activity,
including your securities
positions, buy and sell
activity, interest and dividend
credits and margin activity. The
statement will also include all
cash transactions from check
writing to check card use.
Gain/Loss Reporting
Your Advantage Account statement
will also include a complete
listing of realized and
unrealized gains and losses.
This will help save time and
money at taxtime.4
Visa Gold Check Card
There are no monthly interest
charges on purchases made with
your Visa Gold Check Card.
Purchases made with the card
will be debited from the
account. Lost cards can be
replaced within 24 hours.
Quick Access to Cash Through
ATMs and Banks
Your Visa Gold card allows you
access to cash from your
Advantage Account through more
than 500,000 Visa® ATMs
throughout the world and cash
advances through Visa member
banks. The processing bank may
assess a transaction fee.
The Convenience of Check Writing
Your Advantage Account works
just like a checking account,
but your cash is always invested
and working for you. Access your
cash at your convenience through
unlimited, no-minimum check
writing. It’s easy to track your
expenses by checking off a
category box on each Advantage
check. The codes are printed on
your monthly statements.
Online BillPay
One of the most time-saving
features of the Advantage
Account is our Online BillPay
Service. This feature allows you
to pay anyone in the United
States, 24 hours a day, seven
days a week. With Online BillPay,
you can eliminate the monthly
tasks of writing checks, buying
stamps and worrying about
mailing your payment on time.
You can give your payment
instructions via the Internet.
Payroll and Government Direct
Deposit
Whether you deposit all or part
of your paycheck, your Advantage
Account puts your money to work
for you right away — before you
find other ways to spend it.
Bill Payment Service
Your account can automatically
send out up to five regular
payments per month, making
obligations such as your
mortgage and insurance premiums
hassle-free.
Convenient Borrowing Power
A margin credit line is
available and is limited only by
the marginable value of your
securities. You can access
margin credit by writing a check
or buying securities. Amounts
not available for payment in
cash or money-market funds are
automatically drawn from your
account up to your available
limit. Any outstanding loan
balance will be reduced as cash
enters your account.
Annual Summary and Tax Package*
An indispensable tool when
preparing your taxes, your 1099
forms are included, as well as
annual summaries of deposits,
withdrawals and year-end
portfolio values. Open an
Advantage Account today. To open
an Advantage Account, you must
have $5,000 in cash or
marketable securities (cash
minimum $1,000). Enjoy better
control of your finances and see
the rewards of keeping your
money working for you.
The Bank Deposit Account sweep option consists of an FDIC insured, interest-bearing deposit account. Deposits in the Bank Deposit Accounts are obligations of Wachovia Bank, N.A. only and are not obligations of, or guaranteed by, Wachovia Corporation or any of its subsidiaries.
An investment in money market mutual funds is neither insured nor guaranteed by the U.S. Government, and there can be no assurance that the funds will be able to maintain a stable net asset value of $1.00 per share.
Gain/loss data shown on your account statement is for your information only and is not a substitute for your own records and the year-end form 1099. Cost data and acquisition dates provided by you are not verified by us. Please consult with your advisor to determine the tax consequences of your securities transactions.
Margin trading entails greater risks and is not suitable for all investors. If the market value of the eligible securities in your margin account declines, you may be required to deposit more money or eligible securities in order to maintain your line of credit.
Available for certain personal and business
accounts. Contact your Financial Representative for details.
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