Washington Mutual CD Rates
Washington Mutual has done a lot of advertising to get recognized across the nation. In fact, WaMu is the largest savings & loan in the United States. Therefore, those of us here at Highest CD Rates Info were eager to review Washington Mutual CD rates in our quest for the highest CD rates.
Washington Mutual offers many types of certificates of deposit to choose from. Since many of our articles have highlighted CDs with high CD interest rates, but which require higher minimum deposits, we thought that in this article we would review a CD with one of the best CD rates that we’ve seen for a low deposit CD.
Yes, the Washington Mutual Traditional CD only requires a $1,000 minimum deposit, so it should be in reach for most investors. You can also chose from many different terms for the WaMu Traditional CD — terms from a 1 month CD to a 10 year CD.
For this article, we’ve chosen to focus on the long term CDs with terms of 48 months to 120 months. In that range, the WaMu Traditional CD offers an interest rate of 4.17 percent and an Annual Percentage Yield of 4.25 percent. In our opinion, that is an impressive CD rate for a CD with such a low minimum deposit.
If the combination of a low minimum investment and a nice interest rate appeal to you, you may want to check out the Washington Mutual Traditional CD. Because CD rates and other terms can change rapidly with time and can differ by location, please check the WaMu web site to verify the current offers available in your area.