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Wamu 7.1% Savings Account Archived From: Finance

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alert mods    
   posted: Sep. 15, 2007 @ 10:43a

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.


   posted: Sep. 15, 2007 @ 10:43a

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alert mods    
   posted: Sep. 15, 2007 @ 11:03a

So it is like a fixed term CD.


alert mods    
   posted: Sep. 15, 2007 @ 11:33a

A CD offering 7.1% APY? Sweet deal! (altho I bet this is a local promotion
and it comes with a lot more restrictions and conditions)


alert mods    
   posted: Sep. 15, 2007 @ 11:37a

anyone know such deals in SO CA?


alert mods    
   posted: Sep. 15, 2007 @ 11:44a

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%."


alert mods    
   posted: Sep. 15, 2007 @ 12:03p

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.


alert mods    
   posted: Sep. 15, 2007 @ 2:03p

Sounds like a repost on my part then.


alert mods    
   posted: Sep. 15, 2007 @ 2:43p

7.1% on a CD is not a bad deal at all!


alert mods    
   posted: Sep. 15, 2007 @ 2:56p

Celeritas said:7.1% on a CD is not a bad deal at all!

$500 max is very bad !!


alert mods    
   posted: Sep. 15, 2007 @ 3:17p

mnsweeps said:Celeritas said:7.1% on a CD is not a bad deal at all!

$500 max is very bad !!

Initially, but if you can input an additional 500 every month. . you'll have 6k in by the end


alert mods    
   posted: Sep. 15, 2007 @ 4:06p

Actually the $500 max restriction kills the deal.
Even if you add $500 every month, it's not worth it.
Might as well stick with a 6% savings account promo offer,
where u can deposit as much as you want. (Or a CD offering 5.25% or so)


alert mods    
   posted: Sep. 15, 2007 @ 4:13p

bauzer71487 said:mnsweeps said:Celeritas said:7.1% on a CD is not a bad deal at all!

$500 max is very bad !!

Initially, but if you can input an additional 500 every month. . you'll have 6k in by the end

7.1% interest is also staggered. You dont get over 7 % from day 1..


alert mods    
   posted: Sep. 15, 2007 @ 7:26p

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


alert mods    
   posted: Sep. 15, 2007 @ 9:12p

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*


alert mods    
   posted: Sep. 15, 2007 @ 10:56p

Partagas or Cohiba?

Personally Im a Swisher fan...


alert mods    
   posted: Sep. 16, 2007 @ 2:39a

a gutted cohiba


alert mods    
   posted: Sep. 16, 2007 @ 9:25a

macki123pi said:a gutted cohiba

Puffin on a BLUNT


alert mods    
   posted: Sep. 18, 2007 @ 10:24p

blunt it is with the kush!


alert mods    
   posted: Sep. 19, 2007 @ 9:41a

Anyone,

any word on this "Savings for Success" coming to NY?


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