They say that to get rich, it doesn’t matter how much you earn but how much you save.

The fact is many people have hard time saving money. Probably because they keep on spending it on things not really needed or they don’t keep track on the money they earn. That is why it’s nice to have online savings accounts like WaMu wherein they help anyone keep track with their current financial status online and manages electronic statements. Furthermore, Wamu’s annual percentage yield for online savings is 0.25%. Online banking also offers convenience, hassle-free, security, and pay bills right in front of the computer. Wamu offers savings services like online savings, statement savings, traditional CD, online CD, and liquid CD.

In order to get started with WaMu they need 3 requirements which applicants have to comply.

1. Social Security Number or a taxpayer ID number

2. Driver’s license or state ID, and

3. Routing & account number if you want to use an external account for your opening deposit.

It will only take 7 minutes for anyone to apply and have a bank account. First, applicants need to submit the 3 requirements stated above, agree with all the terms and requirements, and of course make an opening deposit.

For additional information, visit their website or you can call them at (800) 788-700.

Good luck!