WTDirect vs WAMU Saving Accounts

June 4, 2008

I would like to make some comparisons about WAMU & Wtdirect saving accounts, I found both have some positive points and some have negative points.

• Wamu Current APY Rate: 3.30% (As I wrote this) and Wtdirect is 3.16%.
• $1 Minimum Deposit WaMu Free Checking™ has a distinct advantage over many other free checking offers with a $1 opening deposit. Several competitors offer free checking but require a deposit of up to $10,000 to maintain the introductory APY! WaMu Free Checking™, with no minimum checking account balance and a 3.30% APY continues to be the strongest free checking offer for consumers. That’s right Wtdirect needs $10,000 but that is for sure because WaMu is playing their marketing plan here, to attract more customers as they can.
• Wtdirect 10/10 on service, never tried Wamu but you can check some complaints about them and judge for yourself.

In general, when you want to make some due dilligence in online bank accounts you need to research very well. Overall, both companies are good choice and you can follow the links that I have pasted to check some reviews from both of them.

Posted in Banking & Saving Accounts