5.75% 60-Month CDs at Washington Mutual

Jul 10, 2006 - 8:31 AM by Ken Tumin

Washington Mutual is offering 5.75% APY on certificates of deposit with terms of 60 months to 120 months. The minimum is $1K. This seems to be available at all WAMU branches. WAMU also has a decent CD rate for 9-to-11 month terms. The APY ranges from 5.05% to 5.35% depending on your market.

You might not want to lock in a long term CD now as interest rates continue to rise. Nevertheless, a 5.75% APY is a very competitive rate. Thanks to the reader who emailed me this special.

WAMU also has a free checking account with some great features like free checks and free outgoing wire transfers (see post).

In order of date posted. - Sort by votes
Banking Guy

Banking Guy (anonymous) - #1, Saturday, July 15, 2006 - 12:21 PM

As of July 15, the 5-year CD rate seems to have gone down to 5.70% APY.

The good deals on the 9-to-11 month CDs seem to be over. Instead, the 13-to-17 month CDs are not too bad at 5.40% APY.


1

Add Your Comment


Post a Comment