So you work hard to make money and put alot of effort to put it somewhere so it can grow and make you some more. Since we’re young we’ve always been told to sock it away every payday into our savings account. The so called “main purpose” of a savings account is always the same, save money for the rainy days, the vacation trips, or our retirement. The reason? Well, we put our money in our savings account is so that it will make money by earning interest. Otherwise we might as well put it under the mattress.
The Right One
The most important question is Do you have the right Savings account? Most people have types of savings account, but you know what? It’s kinda surprising that many don ‘t really know how their savings account works, what the fees charged are, and what the interest rate paid is.
Smart Savings
Alrite, this one is sure fire caught me. It’s WaMu, The Washington Mutual Bank. You’ll know it right away: They’re really not like other banks. They’re informal, friendly and fun. They take customers’ money seriously, but not their selves. They even call their selves by a fun name that started out as a nickname years ago: WaMu. Fun, huh? You gotta admit it’s catchy. They’re the bank for everyday people. That’s why.
WaMu throw the options to us to be choose, which one is the best for us. To be exact, which one is the right savings account for us. There ‘re 2 choice:
- Statement Savings
Saving money doesn’t get any simpler than this. Get the same rate no matter how much money you deposit. You can open your account in just a few minutes on the phone or in a branch. Minimum to open $5. Deposits and withdrawals are allowed. Check access for Automatic Savings Plan is available.
- Online Savings
If you have about 7 minutes and a computer with an Internet connection you can apply for an Online Savings account! It only takes $1.00 to open, and you can access your money through an ATM. Deposits and withdrawals are allowed. Check access for Automatic Savings Plan is available.
Some questions you may ask, here ‘re their answers:
→ Do I have to have a checking account to open an Online Savings account?
Not at all, but you will find that our best online savings rates are reserved for our checking customers.
→ Why can’t I open an Online Savings account in the Financial Center?
The Online Savings account is intended for customers who are comfortable opening and managing their accounts online. Our Financial Centers offer many competitive products if you prefer to visit or call us to open an account.
→ Do I have to do all of my banking on the Internet with this account?
Not at all. Unlike some other bank accounts you can open on the Internet, we don’t restrict you to banking online. You’re free to visit our financial centers or call our 24-hour customer service area anytime, completely free of charge.
So ready to save your money the right way? It’ s just a click away!