Finding it difficult to get to the bank for your banking transactions? Why open a hassle free online Savings Account. What I look for when it comes to online savings account is that it must have free internet banking, free e-statements, $0 monthly charge as well as ATM card for cash withdrawals. My company uses a bank that has monthly charges so I didn’t not open a savings account with them. Even though my company banks-in my salary in it, I rather wait 3 days for the money to arrive in my account which doesn’t charge anything for using those features above.

All of the features and benefits for a WaMu savings account is available to you free as long as you maintain a daily minimum balance of $300.00. Shouldn’t you unable to keep the minimum, your account will be deducted $4.00 per month. In order to encourage more new depositors to open online savings account with WaMu, their Checking Account is also free with no monthly service charge as well. For those who need overdraft facility, WaMu also offers convenience to sign up for the Overdraft Transfer Service which will allow you to transfer funds from your online savings account to your WaMu checking account. This way, you don’t have to worry about bouncing checks. Visit them at WaMu.com website.