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.

Tags: 6 mo CD rates, WAMU Bank Rates

6 month cd rates Highest CD Rates