washington mutual is offering a 5% esavings account

https://online.wamu.com/direct/apply/page/S...tion?appType=FC

Bank website

Account info

Fatten your savings with a World FDIC-insured account.

6.01% APY guaranteed earnings for term of CD

FDIC insured
Invest up to $100,000

*World's Annual Percentage Yield available online only, effective as of 9/8/2006. Yield subject to change thereafter. Funds must come from a financial institution other than World Savings. Penalty for early withdrawal. $10,000 minimum deposit. $100,000 maximum per household. Personal accounts only. Not available in branches.

World 6.01% CD

As a customer who loves this bank, I can tell you that American Bank and Trust in Geneva, IL is matching a 6.01% APY rate for a 1 year CD that blows everyone away in the local area. I am hoping that some of you can take advantage of it. Talk to the Branch Manager and you will get this rate.

I have a CD with them at this rate therefore I can say this with confidence.

Good luck.

Kenny

American Bank and Trust in Geneva, IL is matching a 5.08% APY rate for new customers. This is a great rate with a superb bank, that has wonderful customized service. I am only a customer speaking about the greatness of this bank.

Hope some of you can take advantage of it.

Kenny

LINK


I am not sure if it is available nationwide though.

Called WAMU (Washington Mutual Bank) today here in Houston, asked them about rumor about 6% CD. Rep said yes 6% for 13 months, last day to purchase August 31, 2006. ^_^

Check must come from a different bank. Asked if I transferred funds from ING to my WAMU checking would that be OK... nope! Must be check from another bank to open 6% CD. Anyway she goes on to say that the 6% rate has a bump feature and if rates increase, they will bump up the rate too.. not sure what the trigger is though. :cussing:

Also asked if the CD was callable, and she said no. All is good. ^_^

Minimum $1000 with $100,000 max to be insured FDIC unless you have a joint account then more?

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