Washington Mutual Online Banking

Washington Mutual online banking keeps increasing their cd rates.  Earlier this month we reported that the 12 month WaMu CD was at 4.50%.  Now Washington Mutual cd rates are being raised again.

Washington Mutual Cd rates for a 12 month CD are now at 5%.  If you are in the market for a relatively short term CD, these WaMu CD rates are very attractive.

Washington Mutual online banking is competing very aggressively for people who want to invest in certificates of deposits.  With the WaMu CD rates now at 5% these Wamu CDs are some of the highest paying 12 month CDs in the country.

The 12 month WaMu CD is now paying a 4.50% annual percentage yield.  This is a very good interest rate (4.41%) for a short-term 12 month certificate of deposit.  If you are looking for high interest cd rates, this 12 month Washington Mutual CD might be a good option.

In a recent article, we discussed the 8 month WaMu CD that is earning a 4.25% APY.  This 4.25% APY is a very good cd rate, but for an additional 4 months you can earn a .25% higher interest rate with this 12 month wamu certificate of deposit.

Washington Mutual online banking keeps coming out with great CDs.  If you would like to learn more about Washington Mutual cd rates, that article provides and overview of the different types of WaMu CDs.  If you are a Washington Mutual online banking customer, check out this WaMu Cd.

The WaMu online savings rates have been raised to 3.75%.  Prior to this latest WaMu rates increase, the APY on the WaMu savings account was 3.30%.  This new Washington Mutual 3.75% APY now makes WaMu one of the best savings accounts you can open a savings account with.

One important thing to note is that in order to get these 3.75% wamu online savings rates, you need to also open a WaMu online checking account.  If you do your banking with WaMu online banking, then you should definitely consider open a WaMu checking account and opening a Washington Mutual savings account so that you can get this high interest savings rate.

This high interest savings account offers one of the highest savings rates in the United States.  If you are scared about doing your banking online, the WaMu.com online banking site makes it extremely easy to open a WaMu checking account and a Washington Mutual savings account.

If you are comparing high interest savings accounts, you should check out the wamu online savings rates.  If you have any questions about Washington Mutual savings accounts or washington mutual online banking, please leave your questions in a comment below.

Washington Mutual online banking is currently running a special deal on an 8 month cd.  The Washington Mutual CD rates on these 8 month CDs are 4.25%.  If you are looking for a short-term CD, this WaMu 8 month CD is worth checking out.

This Washington Mutual CD is only available for purchase through the WaMu online banking website.  You have to buy the WaMu online CD.  If you have never used the Washington Mutual online banking website, don’t worry.  It is extremely easy to use.

This 8 month Wamu CD has a $1,000 minimum purchase requirement.  This is pretty standard for Washington Mutual cds.  Additionally, you should know that these WaMu Cds are FDIC insured.  With all of the concern about Washington Mutual’s stability it is nice to buy FDIC insured CDs.

So if you don’t mind not buying your CD at the Washington Mutual branch location, head on over to the Washington Mutual online banking center and check out their Washington Mutual CD rates.  Again, if you are looking for a short-term CD this 8 month WaMu CD might be a good option.

The WaMu stock price has had one of its worst weeks in recent memory.  Here at Savings Accounts 411 we don’t typically write about stock prices, but since we focus on Washington Mutual online banking, we thought that we had to discuss the recent losses experienced in the WaMu stock price.

2008 has not been a good year for the Washington Mutual securities.  In the beginning of 2008, Washington Mutual stock, trading under the NYSE symbol WM, had a WaMu stock price of $13.72.  This week the Washington Mutual common shares were trading at a yearly low of $3.61 per share.  Luckily on Friday, the WaMu stock price jumped back up to $5.92.

Is now a time to buy Washington Mutual stock?  I couldn’t tell you.  To tell you the truth, the only reason why I even care is that I am concerned about the financial stability of Washington Mutual and how it affects the security of the Washington Mutual online banking products.  The recent mortgage crisis is hitting Washington Mutual hard, and this problem is killing the WaMu stock price.

If the WaMu stock price falls more, you have to think that Washignton Mutual becomes a buyout candidate.  I think that it is good for consumers to have more competition in the online banking industry.  We will have to see where the wamu stock price goes from here.

WaMu Cards - Great Credit Cards for People Who Enjoy Online Banking!!

The Washington Mutual online banking interface is not just good for managing your Washington Mutual savings.  The WaMu online banking interface is also great for managing your WaMu cards.  The Mastercard issued Washington Mutual credit cards are great addition to your WaMu savings account and WaMu checking account.

If you don’t already have a Washington Mutual Platinum Credit Card, this article will highlight some of the pertinent features you should know.  If you already do your banking through the WaMu online banking website, you will be familiar with a lot of what is discussed in this wamu cards article.

Washington Mutual credit card holders can use the wamucards.com website to manage their WaMu credit cards.  The wamucards.com site will allow you to see your most recent transactions and allow you to pay your bill online.  This is perfect for any current washington mutual online banking user because the wamucards.com website is integrated with the general wamu.com site.

The Washington Mutual MasterCard does not have any monthly fees or annual fees. This is a great way to get a free credit card.  You should never pay money for a credit card.  That is what paying interest is for.  To tell you the truth, I am always looking to get out of paying interest too by finding zero interest credit card promotions.

In addition to being able to monitor your recent purchases with your WaMu cards, the wamucards.com site also allows you to monitor your FICO score.  This is an awesome feature.  I don’t know of any online banks other than Washington mutual online banking that allows you to see your FICO score.  If you know of other banks that give you a free credit report, please share this with us in the comments below.

If you do you banking with wamu online banking, check out the wamu cards.  You can find out more information about these WaMu cards at the Washington Mutual online banking website.

In our previous article, Washington Mutual CD rates, we provided and overview of the various types of WaMu CDs.  We discussed the Washington Mutual traditional CD, liquid CD and online Cd.  This article is going to provide a deeper dive into the current WaMu cd rates.

WaMu 6 month cd:

The Washington Mutual online certificate of deposit is currently paying a 2.00% APY on its 6 month CD.  The interest rate on this WaMu cd is 1.98%.  This WaMu 6 month cd has a minimum deposit of $1,000.

WaMu 8 month cd:

The WaMu 8 month CD is currently paying a 3.25% APY on its 8 month CD.  This is one of the best WaMu CDs that is currently being offered.  The interest rate on this Washington Mutual CD is 3.20%.  This WaMu 8 month cd has a minimum deposit of $1,000.  If you are looking for a short-term place to save money and earn a healthy interest rate, these Washington Mutual CD rates are a good option.

Wamu 60 month CD:

The WaMu 60 month CD is currently paying a 4.00% APY on its 60 month CD.  This is one of the best WaMu CDs that is currently being offered.  The interest rate on this Washington Mutual CD is 3.93%.  This WaMu 60 month cd has a minimum deposit of $1,000.  If you are looking for a longer term cd, these are the best Washington Mutual CD rates.

Washington Mutual CD rates are very competitive.  If you are looking for a CD, you should check out the WaMu.com website.  WaMu CD rates change frequently so you need to monitor their rates closely.

Ironically, one of the best things about Washington Mutual online banking is the number of Washington Mutual branch locations.  One of the biggest complaints or fears about online banking is the inability to visit a local branch.  But Washington Mutual did not start out as an online bank.

Washington Mutual Savings Bank is located in 36 states all across the United States.  The Washington Mutual headquarters is in Seattle, Washington.  Beginning in the early 1990s, WaMu started to branch out of Washington and the Northwest United States.  WaMu’s growth strategy focused around buying up banks across the nation.

Today you can find Washington Mutual branch locations all over the United States.  If you live close to one of these bank locations, this can really improve the Washington Mutual online banking experience.  If you run into problems, you know that you can always visit a WaMu bank location close by.  This is a huge advantage of Washington Mutual.

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One really great Washington Mutual on line banking product is WaMu CDs.  Washington Mutual offers four types of certificates of deposit: a traditional CD, a liquid CD, an online CD and a retirement CD.  This article will review two of these Washington Mutual CDs and the Washington Mutual CD rates being paid on each of these WaMu CDs.

Let’s start by defining what is a certifcate of deposit.  The WaMu.com website defines a CD as,

A certificate of deposit or CD is a short- or medium-term, interest bearing investment. CDs normally offer a higher interest rate than liquid savings accounts and they provide a guaranteed rate for a specific term. Individuals who want high rates with a guaranteed return and do not need regular access to their money should consider a CD. Total deposits including CDs are FDIC insured to maximum allowed by law.

Wikipedia defines certificates of deposits as,

A certificate of deposit or CD is a time deposit, a financial product commonly offered to consumers by banks, thrift institutions, and credit unions.

Such CDs are similar to savings accounts in that they are insured and thus virtually risk-free; they are “money in the bank” (CDs are insured by the FDIC for banks or by the NCUA for credit unions). They are different from savings accounts in that the CD has a specific, fixed term (often three months, six months, or one to five years), and, usually, a fixed interest rate. It is intended that the CD be held until maturity, at which time the money may be withdrawn together with the accrued interest.

Washington Mutual Traditional CD:

This WaMu traditional CD is for the investor who wants to buy a high rate certificate of deposit and not even think about withdrawaling early.  If you do withdrawal early from the traditional WaMu cd you will have to pay an early withdrawal penalty.

The Washington Mutual CD rates for the Traditional CD are tiered based on the dollar amount you invest in the CD and the term of the certificate of deposit.  The longer you make the term, the better the CD rates.  Additionally, the high the dollar value of the cd the higher the cd rates.  If you buy a WaMu CD with a term of 48 months or greater you will earn an APY of 4.25%.  This makes the WaMu CD rates some of the top cd rates.

Washington Mutual Online CD:

The Washington Mutual Online CD is a CD that you can only purchase online through the wamu.com website. This is are great cds.  If you are looking for a high rate certificate of deposit but don’t have a lot of money to buy one, The WaMu online CD has a minimum price of just $1,000.  These WaMu online CDs have a highest cd rate of 4.00% for cds having a cd term of 48 months or more.

The Washington Mutual online CD is for the wamu account holder who doesn’t mind using the Washington Mutual online banking website.  These cds must be purchased through wamu.com.  If you prefer to use do your banking at a washington mutual bank location then you should buy the Traditional CD.

I hope that you have found this Washington Mutual CD review to be helpful.  Please visit Washington Mutual Online Banking more often to find out about changes in Washington Mutual CD rates.  We will make sure that we keep you up to date on these Washington Mutual CD rates.

Washington Mutual On Line Banking is a very robust website. Unlike many banks, WaMu has really foucsed on delivering a great online banking experience. This article will provide an overview of the Washington Mutual Online Banking service offering.

Ease of Use:

Wamu’s online banking website has been designed to make it very easy for users to manage their accounts and and other online banking needs. This ease of use is helps Wamu account holders manage their money in a one stop portal. If you like the idea of being able to do all of your banking online, Washington mutual on line banking is perfect.

Washington Mutual Online Security:

In addition to the ease of use of the Wamu website, Washington Mutual online banking is also very secure.  The Wamu.com website requires your browser to use 128-bit encryption, which helps to protect your sensitive financial information.  Additionally, Wamu uses a firewall to make sure that its website and your information is protected.  This seems likea very secure system.

Washington Mutual On Line Banking Services:

Washington mutual provides the following online banking services,

• Monitoring of account balances
• View account transactions
• View all statements
• Transfer money with other wamu accounts and also to out of network accounts
• Online billpay services