Save Your Money at Saving Account
Wednesday, April 30th, 2008
Saving Account is account maintain by financial institutions that pay interest. You cannot use that account directly as money. You can withdraw your money using ATM or pay something via debit card.
Saving account usually offered by commercial banks. Other financial institution like credit unions or mutual savings banks can also offer saving account. You need to deposit some money to your account. You’ll get interest each month from your account.
Washington Mutual (WaMu) is one of financial institution that offers Saving Accounts. They focus on everyday people, middle market consumers, small business and commercial customers. They have retail banking, home loans, commercial loans and credit card services.
For saving account they have four plans for you.
1. Online Savings
With their online banking service, you can open an online savings and manage your savings via internet. Your online savings account comes with free bank checks and money orders.
2. Statement Savings
Statement saving is their basic saving account. You can apply online together with WaMu free checking. You can visit their nearest branch to apply this account.
3. Traditional CD
You’ll get high interest when you apply this time deposit account. You can add fund any time and adjust your interest rate.
4. Liquid CD
You can add up $250,000 to your certificate of deposit account. You can make unlimited add on deposits and lock at high CD rate.
5. Online CD
if you can’t go to nearest branch, you still open CD via online banking.
You can start saving at WaMu and get higher interest.



