Wamu 7.1% Savings Account Archived From: Finance |
Here in Houston, I came upon an advertisement on the drive through window claiming 7.1% on a year-term savings account. This was at the WAMU at Bellaire and Bissonnet. According to the teller, the only stipulation is that you can't withdraw the money for a year. |
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A CD offering 7.1% APY? Sweet deal! (altho I bet this is a local promotion |
Sounds like the "Savings for Success" account posted by MoneyLovesMe on July 30, 2007.. "Cliffnotes: $500 max 12 month 7% CD, but you can add up to $500 a month. This program will go nationwide in September. Illinois and and Texas accounts can already open it via phone. Georgia and Washington too but it pays 6%." |
Does a GA account mean opened in GA? I opened my WAMU account when I lived in GA, but I no longer live there anymore but the account is still open and active. |
Celeritas said:7.1% on a CD is not a bad deal at all! $500 max is very bad !! |
mnsweeps said:Celeritas said:7.1% on a CD is not a bad deal at all! Initially, but if you can input an additional 500 every month. . you'll have 6k in by the end |
Actually the $500 max restriction kills the deal. |
bauzer71487 said:mnsweeps said:Celeritas said:7.1% on a CD is not a bad deal at all! 7.1% interest is also staggered. You dont get over 7 % from day 1.. |
this isnt designed for the FWF high rollers and people with $100k AOR money, this is for the average Joe who saves a couple hundred per month from their paycheck. This would work very well for that type of client |
SUCKISSTAPLES said:this isnt designed for the FWF high rollers and people with $100k AOR money, this is for the average Joe who saves a couple hundred per month from their paycheck. This would work very well for that type of client *extinguishes cigar in your eye* |
Anyone, any word on this "Savings for Success" coming to NY? |
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