Savings Accounts

For most people online savings accounts are more preferable than the traditional way of banking. Why? Because you can save queuing time, you don't need to be afraid of being rob, and online banking never sleeps. For people who like to travel a lot carrying much cash with you is not safe. By using online savings you can access your account anywhere in the world and do your business directly through the site.

Now speaking of online savings, WaMu is the best choice you should choose. It has many services available for you through out the world such as online savings, statement savings, traditional CD, online CD and liquid CD. For online savings you can start opening your account with just $1 and the application would only take seven minutes of your time. For both online and statement savings you can waive the monthly fee of $4 if you maintain a minimum balance of $300 in your account. If you are a committed savers you can opt to open traditional CD with as little as $1000 or if you are under 18 you can start with $100. Certificate of Deposit is for a short or medium term of investment with higher interest rate than liquid savings. But remember early withdrawal means penalty, so be committed or don't choose this investment. You might also want to check liquid CD and online CD to get the best investment for you.

So having traditional savings accounts is not bad, but having it online is another thing. Imagine that you can access your accounts anywhere and anytime without ever have to stand in line. Those are the great benefits of online banking.