Comments on: WaMu’s Unpublished (In Branch) Rates?

By: Michael Jackson

Michael Jackson — Thu, 09 Oct 2008 14:17:44 +0000

I tried opening a online cd and had a lot of problems, made calls to customer service and was given misleading information, which is unacceptable to me.
I never did fund the cd and I’m glad because I’ll never do business with them again.
Too many other honest places out there and rates are going up anyway.

By: bro. john

bro. john — Sun, 05 Oct 2008 16:37:50 +0000

So someone tell what to do 250000.00 cash

By: Teri

Teri — Thu, 11 Sep 2008 03:29:50 +0000

5.00% 13 mth CD in 85224, chandler and Alma School branch! They have great customer service too!

By: ram

ram — Sat, 30 Aug 2008 13:48:20 +0000

The Wamu rates are correct. 8 mth cd yielding 4.25% $1000 min to open. 13 mth cd yielding 4.50% $1000 min to open. 48 month cd yielding 5% $1000 min to open. Available to new and existing money. The money market savings is yielding 4.00% with $25k minimum and a free checking acct. On the business side all the cd’s are available to business customers and they are offering a 4.07% yield with a minimum of $50k plus a free business checking (no min balance required). They are having great deals and it keeps going for the month of september. ram in NJ

By: Erin

Erin — Sat, 30 Aug 2008 02:55:36 +0000

I got these rates as an online savings account only. I called the branch and they said they could not offer the 4.25% but it was available to people opening a new wamu savings account online. We opened and that rate lasted us about a month, 6 months later it’s earning maybe 3%. Hope this helps!

By: Jason

Jason — Sat, 23 Aug 2008 20:13:41 +0000

Just opened an online CD for 12mo at 5%APY.

By: Tony

Tony — Sat, 23 Aug 2008 15:37:59 +0000

Rate just came out today ( 8-23-08) for a 5.00% APY 13 month CD with WaMu….Still has the 1k opening balance requirement..

By: Dotty

Dotty — Sat, 23 Aug 2008 01:08:14 +0000

correction to my comment earlier today at 10:16 am (it gets better!) I went back into the bank after transfering money… I made an error the term is 13 months not 18 months for the one week unpublished promo. And… if you should already have money in wamu you can add matching funds from an exisiting wamu acct to the new funds up to a total of 50 %. (thanks Jason)
Woohooooooooooooooo. Check out their money market rate too. Its higher than ing right now.

By: Jen

Jen — Sat, 23 Aug 2008 00:53:21 +0000

I went into my local San Diego branch today and they are still offering the 8 month CD at 4.25%. They also told me about the CD with the 5% APY, starting tomorrow, but was told that it was a 13 month term. I’m hoping the gentlemen didn’t get his months wrong.

By: Dotty

Dotty — Fri, 22 Aug 2008 22:16:09 +0000

I just went into my branch and found out there is a in branch promotion for one week only starting tomorrow (Sat). Any new funds brought in and you can now get a 5% rate on an 18 month CD. Check it out. WooHoo. Thanks Calabasas WAMU for letting me know.

By: Macossay

Macossay — Wed, 20 Aug 2008 21:42:43 +0000

Wachovia was offering 4.25APY on a twelve month last week but dropped it to 4.20 this week. However I just got 4.5APY on a 24 month. These aren’t the published rates, though. I called my brick and mortar to get them.

By: Tim

Tim — Wed, 20 Aug 2008 14:28:32 +0000

I am not the Tim in the original post .

By: Tim

Tim — Wed, 20 Aug 2008 14:25:55 +0000

I found a link where they promise to waive one NSF fee per year for the Free Checking account ( “Free overdraft or non-sufficient funds fee refund—use one per year” http://www.wamu.com/personal/checking_account/wamu_free_checking/default.asp), but I haven’t needed it yet.

By: Heidi

Heidi — Wed, 20 Aug 2008 00:04:04 +0000

I just emptied my WAMU account partially because of what I’ve read on this blog (but also others). I also heard last week from a client who works for CITI and a teller at CHASE that both are trying to buy it. In the process I overdrew my account-the first time in 4 years, and I had to trek all over lower Manhattan to get my $34 back..but I was sternly warned if it happened again, “I would most likely not be refunded”. Suckers. I have also experienced terrible customer service, especially in regards to their credit card. Right after IndyMac failed there was a post here about who would be next, and signs to look for. Then I walk into my WAMU branch and get handed a paper that says 4.25% on an 8 month CD for “valuable customers”. It was all the encouragement I needed to get the heck out of Dodge!

By: Edward

Edward — Tue, 19 Aug 2008 22:35:29 +0000

I too am worried about this bank. Only a one star rating. Have recently put all my eggs in this basket in an eight month CD. I’ll hold on and hope the bank stays solvent for the duration.Keep smiling

By: Nina

Nina — Tue, 19 Aug 2008 15:26:15 +0000

WORD OF CAUTION ON WAMU: Ive been banking with them for years… I have a mortgage with them. If you call customer service, they are soooooooooooooo horrendous in their customer service. Ive also had horrendous customer service going in the WAMU banks… compare their customer service with BofA, for example… you feel that WAMU doesnt care… just be prepared. They also have this survey that you can take when you call customer service… they disable it if they think youre going to give them a bad survey. Now this is just my experience.

By: Maddy

Maddy — Mon, 18 Aug 2008 20:45:29 +0000

SS,

I think you did not get Dan’s point. He says that its good to keep your funds liquid rather than committing to a CD.

So, if a 6% comes bank along, do a check on it, and if it’s good, go for it!

By: SS

SS — Mon, 18 Aug 2008 04:06:06 +0000

Dan Tanner,

How will u then know that another bank wont offer 6% right after ur 5 %?

By: KS

KS — Fri, 15 Aug 2008 04:25:18 +0000

I see in the local paper the Key Bank has the same rate has Wamu.

By: Dan Tanner

Dan Tanner — Thu, 14 Aug 2008 21:46:18 +0000

I do not know why people lock themselves up for 8 months for a CD. My being a stock income trader, I like to man myself at the best opportunities and shifting my cash positions for maximum gains.

I am sure someone will will be offering 5% than its time to say good bye to WAMU and welcome to 5% Bank. Please do not marry your bank. I hate this.