Washington Federal Bank is offering residents of Illinois a generous 1.70% APY when you open a Money Market Account. To qualify for this promotion, you would need to deposit at least $5,000 during account opening. However, this promotion is actually not listed on their website. According to CSR, you would need to physically head on over to your local branch and ask for this offer. For those that are interested in a new account, you will gain instant access to a host of account features to better your savings experience! However, if you are interested, I recommend you head on over to your local branch as soon as you can as the rate’s subjected to change.
Editor’s Note: Contact your local representative regarding this limited time offer. YMMV.
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Washington Federal Bank Account Summary:
- Homepage
- Account Type: Savings Account
- Rate: 1.70% APY
- Availability: IL (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Direct Deposit Requirement: No
- Additional Requirements: None
- Avoid Monthly Fee:
- There is a $10 monthly service fee, which will be waived with a daily minimum balance of $250.
- Early Termination Fee:
- There is also a $25 fee for accounts closed within 90 days of opening.
Washington Federal Bank Account Features:
- Online banking
- Online bill pay
- Mobile banking
- Access to ATMs nationwide
- Telephone banking
- FDIC insured
Washington Federal Bank Fine Print:
- If the balance should fall below $5k, the APY drops to 0.00% APY
- Limit of one account per household.
- Rate is subject to change after account opening.
Conclusion:
This promotion is quite an interesting one. Qualified residents of Illinois can now enjoy a potential 1.70% APY from Washington Federal Bank when you sign up for a new Money Market Account. Although you would have to contact your local branch for the offer, the rate is not guaranteed. However, if you are lucky and received the offer, you will not only obtain one of the highest rates in the nation, but you will also be a part of a well trusted financial institution! How great is that? However, if this promotion is not for you, then definitely check out our list of best savings rates for all your saving needs!
