Washington Mutual Offers WaMu Free Checking TM Account
Washington Mutual, also known as WaMu, has joined in the competition for your online savings account dollars with the introduction of their WaMu Free Checking TM. Starting off with a 5% Introductory APY for investors that open both a Savings Account and a Checking Account, the account also offers a number of bells and whistles potential investors should find attractive.
In addition to the competitive yield, WaMu is also offering Free Checks for life, Free ATM cash withdrawals, and 3¢ back on every debit purchase. The account comes with a free Gold Debit Mastercard® that lets users earn rewards on each anniversary, up to $250 a year. And to make things even better, the minimum to open a new account is only $1.
Washington Mutual is now competing against the other major national online savings account providers such as Emigrant, ING, Citibank, and Everbank to name a few. Most of these accounts complement your existing banking relationship, in that they "attach" to your other accounts and you can automatically "sweep" excess funds online in order to earn a higher return on your savings. For investors, the more competition the better, as this insures competitive interest rates as well as more value added services.
To get more information about the new Washington Mutual WaMu Free Checking Account or to view rates and details on the other national providers, be sure and visit the ManagingMoney.com Banking Center.
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