Savings Accounts
Washington Mutual or Wamu has established as one of the leading and fastest developing financial service provider in the world. It generally conducts business through four main business lines which are Home Loans, Credit Card services, Commercial Banking and Retail Banking & Financial Services. The retail banking & financial services sector of Wamu offers a complete line of deposit and retail online banking services and products to its clients. Clients can take care of all their banking requirements by contacting their financial center or even by giving a visit to wamu.com website. The online saving account of Wamu offers one of the most aggressive connection interest rates available in the market.
Recently, Wamu increased the rate of its innovative saving account from 4.75 percent up to 5 percent. However, this rate is only available to those people who have an online free checking account with Wamu. Most of the clients of Wamu have reported that by opening an extra account with Wamu they were able to yield high saving account. However, at present this agreement seems to be better than the 5 percent savings account scheme offered by Citibank where you also required having a checking account with Citibank. The free checking account provided by Wamu has several great features compared to Citibank’s free checking account.