Washington Mutual Online
It’s been a little while since we here at Savings Accounts 411 had a look at Washington Mutual Online. As the bank steadily changes over to Chase Bank, their website sees slow, but sure upgrades and changes to match the new persona.
Since that review was so recent, we’ll just quickly overview the changes in the couple of weeks since then and then focus on other online banking at Washington Mutual rate offers.
The upgrade towards becoming Chase Bank on WaMu Online progresses with the design beginning to look more and more like Chase, now incorporating the Chase Bank piggy bank logo. Most functionality is unchanged since our last review, but some rates have updated since then, so we’ll look at that part of online banking at Washington Mutual now.
Nearly all interest-bearing accounts at WaMu Online are now pointing to the Chase Bank site for reference. Certificates of deposit are of high concern to many of our readers, and Chase has some good offers in that regard.
Washington Mutual Online offers six specials through Chase: 9 months at 1.01% APY, 13 months at 1.25% APY, 18 months at 1.50% APY, 24 months at 2.00% APY, 48 months at 2.50% APY, and 60 months at 3.00% APY. These require a $10,000 minimum deposit to open and maintain.
For those online banking at Washington Mutual who’re looking for savings interest, the Performance Savings accounts at WaMu Online offer 0.10% APY up to $9,999, tiering up from there to 0.50% APY on $10,000+ and to 0.75% APY on $25,000+.
A lot of great changes going on at Washington Mutual Online. Current customers are weathering the change to Chase Bank, which seems to be going smoothly.