- Free checks for life
- Free outgoing wire transfers
- One free waiver of an Overdraft/Non-Sufficient Funds fee per year
- Free Gold Debit MasterCard with Rewards - get a $0.03 reward for each debit purchase transaction up to $250 per year
Note, the debit card reward is only for point of sale type purchases and not for ATM transactions. This wasn't stated clearly in the early info.
The FW thread mentioned an interesting note regarding the potential to max out the debit card rewards. It would take over 22 transactions a day for a year to reach the $250 limit. It could be useful when you make small purchases of under $3 when the 1% cash back rewards would be less than 3 cents.
For those who already have checking accounts with WaMu, you'll have to go to a banch to convert it into this new checking account. According to one of the FW posters, you'll have to close your current account and open the new one, but you're allowed to keep your same account number. Another poster was told that the account will be able to be switched automatically on April 23.