Washington Mutual Ups Online Savings Account to 4.00% APY

09.23.08 | Online Savings Accounts | 2 Comments | by junger

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Washington Mutual has just upped the APY on its online savings account to 4.00% APY, putting it right at the top of currently available options (via Five Cent Nickel).

While WaMu is currently having some problems — at least five companies are reportedly considering purchasing the bank — but since it is FDIC insured, you shouldn't worry about putting money into it.

APYs have been going up and down for the past few months with no obvious trend — just like the stock market.

DollarSavingsDirect (3.75% APY), FNBO Direct (3.50% APY), WT Direct (3.26% APY), and HSBC Direct (3.25% APY) are some of the top offerings.

WaMu Online Savings

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