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)
M.Y. Safra Bank 1-Year 2.51% APY with $500 minimum
Sallie Mae Bank 1-Year 2.50% APY with $2,500 minimum
Discover Bank 1-Year 2.30% APY with $2,500 minimum
Pentagon 3-Year 3.25% APY with $1,000 minimum
Popular Direct 3-Year 3.10% APY with $10,000 minimum
M.Y. Safra Bank 3-Year 3.06% APY with $500 minimum
Bread Savings, a division of Comenity Capital Bank 5-Year 3.65% APY with $1,500 minimum
M.Y. Safra Bank 5-Year 3.26% APY with $500 minimum
Popular Direct 5-Year 3.25% APY with $10,000 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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