Washington Mutual Online Banking -The Great ONE

Washington Mutual Online Banking

Washington Mutual, a.k.a. WaMu, has been slower than some of its gargantuan rivals to get into the online banking business, but their offerings appear to have been worth the wait. With excellent security, fine service, high yield and low expenses, WaMu online banking should be attractive to many.

Security

Washington Mutual's Online Banking services offer what WaMu describes as some of the "most advanced security systems in the world," and they have a top-notch anti-fraud team. Since identity theft remains a serious concern among those who are still reluctant to try online banking, a strong security system for online banking, together with Washington Mutual's nationally trusted brand, can help lend confidence to hold-outs and technophobes.

High Service Standard Remains

Washington Mutual has extended its commitment to excellent service to their online offerings. Customers have reported easy access to real, live humans over the phone, who have been courteous and prompt in working out issues that crop up.

The Best of Both Worlds

WaMu online pays pretty good rates for its online savings accounts, and its online checking account is a full-service deal with no hidden fees and free checks for life. Their rates are not quite as high as some of the other strictly online banks, but on the other hand, Washington Mutual has a huge nation-wide network of local branches. If you feel like you might be ready to take the plunge with online banking, but are still reluctant to give up the ability to do business in person, Washington Mutual Online Banking may be the ideal choice for you.

Washington Mutual Online Banking

Washington Mutual Online Banking the Next to Fall?

Washington mutual online banking

Is Washington Mutual Online Banking Next?

With the financial industry in termoil and the problems at Washington Mutual, you have to wonder if Washington Mutual online banking will be able to survive. With Indy Bank, Lehman Brothers, and AIG in bankruptcy or on the verge, these are scary times for WaMu.

The housing crisis has hit the financial sector very hard. Washington Mutual and other lenders have been pounded by rising foreclosures and slow payments. As more Americans are finding it difficult to pay their mortgages, the banks are suffering. Washington Mutual online banking is like the others, but still holding on.



Washington mutual online banking

Washington Mutual Online Banking Review

Washington Mutual Online Banking

Back in 2000 I started banking with a little known startup called Lighthouse Bank out of Waltham MA. They were one of the first banks to offer no fee checking, online banking, and ATM reimbursement fees. They had fantastic customer service and were great to work with but they started putting minimums in place. When I moved to Vermont I decided to leave lighthouse and join a local bank (Citizens) that also had online banking. At the same time, I also discovered the new found world of high yield online savings accounts and opened an account with Emigrant Direct. This setup worked great as I had local ATM’s, a free checking and an online savings account earning 5%. The only downside was I had a 3 day delay between transfers.

When I moved to Atlanta it was time to look for a new bank. Here are the key things I look for:

• Free checking with no minimum and no fee’s unless I do something stupid like bounce a check.
  
• Outstanding online interface to manage all my accounts. I have never balanced a check book and don’t plan on starting any time soon!
  
• Plenty of local ATM’s and ideally a branch close to home.
  
• High yield online savings account.
  
• Free checks is a nice bonus although I write about 5 a year
  
• Free online bill pay
  
• Great customer service with short wait times in the branch or on the phone.

When I started looking around I found that Washington Mutual met all of my criteria. Could a bank really do everything I was looking for??? After 2 years the answer is a resounding YES! WaMu is fantastic! I can’t recommend them enough! I have had nothing but a great experience with them and encourage everybody to sign up for accounts. Make sure you sign up online as they only offer the high yield Savings Account online. There is also a branch right across the street so that makes them super convenient as well!

Washington Mutual Online Banking

Incredible high interest rate in Washington mutual online banking

Washington mutual online banking

The Washington Mutual online banking program just launched a great high interest rate savings account. This Washington Mutual savings account has a high interest yield of 3.30% annual percentage yield; provided that you sign up for a Washington Mutual free checking account.

You should not worry at all about opening a washington mutual free checking account. They offer great high interest checking accounts that have no monthly fee and free ATM withdrawals. Washington Mutual is a great online bank. They offer great online banking software which can give you free account alerts that inform you of status changes on your accounts. This is great for checking balances and withdrawals.

Washington Mutual also offers a Free Gold Debit MasterCard credit card. This Washington Mutual credit card also has a very good rewards program. You should definitely check out this rewards program.

I hope that you check out the Washington Mutual online banking savings account program. This 3.30% high interest rate is incredible if you want to do all of your banking with one bank. Washington Mutual can provide you with a great free online checking account, a great free online savings account, and a great Washington Mutual rewards credit card.

Washington mutual online banking