Washington Mutual Best CD Rates Online
Washington Mutual has some of the best CD rates online. If I were considering spending a low amount of cash for a certificate of deposit, I would choose the Wamu CD online. You can deposit as little as 1000 dollars into it and wait out the term for the certificate of deposit to mature. Whats great about this Washington Mutual CD is that it takes about 7 minutes as they say to sign up for it.
remember to keep in mind the amount of time you will agree to for the CD to mature. For this certificate of deposit, you can set it up for a 6 month to 60 months term. The current yield for the certificate of deposit APY right now is about 5.10% for a 6 month term, which is not bad at all for such a small amount. This is once again one of the best cd rates you will find for this small of amount that you will invest.
If you decide to choose something else that has a higher CD rate, then you may want to invest a bit more money.
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