WaMu Online Savings Account
The most common type of bank account is savings account, if you are looking for online savings account, perhaps WaMu (WaMu.com) is the right choice for you. WaMu offers more than 4% interest on their online savings accounts. If you opened a savings account in one of their local branches you are probably getting paid about .02% interest on your savings.
Most savings account online link your current checking account so you can transfer funds electronically between them. Some of the online savings benefits & features from WaMu are free online banking and free electronic statement. If you can maintain a minimum balance of $300.00 each day of the monthly statement cycle, you will be eliminated to pay for the monthly service charge amount of $4.00. But there is no service charge when you open Online Savings account with WaMu free checking, account online, or link a new online savings to an existing active WaMu checking account, as long as checking relationship maintained.
If you sign up for Overdraft Transfer Service, available funds will be transferred from your savings account linked to the checking account automatically to prevent overdrawn or other NSF transaction. Of course, it depends on what you have in the account. The savings account has come with an ATM card that you can have access to funds easily.
For further information about online savings account, be sure you visit WaMu.com now!