Washington Mutual (WAMU) is offering a very high rate CD for 6 months at 5.50% APY. This is definitely one of the highest rates at a trusted well known bank. This rate only applies for CDs that are open online.
Here’s a comparison of other “big banks” to put this 6 month CD rate in perspective:
- BofA - 5.10% APY - 5 Month CD - $5,000 minimum
- Wells Fargo - 4.90% APY - 5 Month CD - $5,000 minimum
- US Bank - 4.93% APY - 7 Month CD - $1,000 minimum
The minimum balance required to lock in this CD rate is only $1,000 which is low enough for many people looking to start making small investments for the future.
1 users responded " Washington Mutual 5.50% APY CD-Highest 6 Month CD Rate "
December 7 2007
rates on 6 mo. cds