Washington Mutual 1 Year CD 4.50% APY, 8 Month 4.25% APY

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Washington Mutual has raised the rate on its 12 month CD to 4.50% APY, making it the top rate on the BestCashCow rate table.

Washington Mutual has raised the rate on its 12 month CD to 4.50% APY, making it the top certificate of deposit  (CD) rate on the BestCashCow rate table.  In addition, they are offering an 8 month cd for 4.25% APY. 

The minimum deposit on these accounts is relatively low at $1,000. 

Washington Mutual's balance sheet has suffered enormously as a result of the credit crunch.  As a result, like with any bank, I recommend you stay with FDIC limits when opening an account. 

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Today's Highest Online CD Rates

Bank Product Term Interest Rate (APY)
CFG Bank 1-Year 0.67% APY with $500 minimum
Primary Bank 1-Year 0.65% APY with $1,000 minimum
Comenity Direct 1-Year 0.63% APY with $1,500 minimum
Comenity Direct 3-Year 0.85% APY with $1,500 minimum
First Internet Bank of Indiana 3-Year 0.81% APY with $1,000 minimum
Connexus 3-Year 0.75% APY with $5,000 minimum
Primary Bank 5-Year 1.15% APY with $1,000 minimum
Connexus 5-Year 1.00% APY with $5,000 minimum
First Internet Bank of Indiana 5-Year 0.96% APY with $1,000 minimum

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Comments

  • m matteson

    September 05, 2008

    amy. . .this interest has to be doing better than old mbna account rates now. . .once b of a took over, interest only went one direction. $1,000 minimum deposit 3.75 might not be bad for you.

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