One of the best ways to put yourself on the road to financial freedom is to ensure you’re getting the best bank account rates in Washington. So with literally thousands of financial institutions out there and millions of rates published each day, how can you be sure you’re getting the best deal?

April 26, 2011

If one of your goals this year is to save money, why not start with where you deposit your money? A good savings account rate can help you earn a little bit of interest every day, which after time can amount to big savings. Savings account rates change all the time, so let’s take a look at what rates are currently available within your state.

Too often people put money into an account and don’t think much of it until there’s a problem. However, if you’re serious about saving money, you should spend a little time looking into deposit account interest rates at banks and credit unions near you. Not only will researching nearby offers turn up great savings and CD rates–usually, better than the national average–a local institution will ensure your financial goals are met.

Why just put your money in any Washington bank account when you could actually earn money while saving? There are so many options today, you can have your pick of the best bank accounts and rates. While shopping around for the account that best suits your needs, it’s important that you consider a few key factors, including: Interest rates, banking fees and minimum deposit amounts.

Now that we’re in a new month, it’s a good time to take a look at current interest rates in Washington.

Washington Banking Rates has compiled a list of the best interest rates in the city for savings accounts and certificates of deposit. Find out if your accounts measure up or if it’s time to open a new one with a better rate.

It is far too common for one to settle on the savings account rate offered by their local bank. This is a problem, because often times this is not the best savings account rate available in your area, although it might be the most convenient.
In order to grow your money while it sits it is important to find a high interest rate account.
Washington Banking Rates is completely free tool for people like you who are searching for the best rates in your area. We have put together data from thousands of financial institutions and highlighted the highest savings account rates to help you narrow down your options.

Washington savings account offerings for the week are more than double the state average in some cases. If you need a savings account, you’re in luck. Several credit unions are currently topping the list for their rates offerings. See below for the best savings accounts in the state for the week.

Average Savings Account Rate in Washington

Nowadays, practically everyone conducts their banking transactions online. Writing a check can feel downright strange when you’re so used to clicking a button instead. If you’re still banking the old-fashioned way, Washington Banking Rates could help you find an online checking account. With all the time you save you could go hiking in Olympic National Park, or shopping in cosmopolitan Seattle.

When you choose a Washington savings account, you want to find a bank that will best meet your savings needs. Look for a bank that offers the highest interest rates at your minimum balance with the lowest fees. Many Washington banks require you to keep a certain balance to earn the quoted APY and to avoid fees. Banks requiring a higher minimum balance typically offer larger interest rates.

At Washington Banking Rates, you can compare checking and savings account rates in Washington. Our data is always current and up-to-date to ensure that you get the best rates possible.

As you make this decision to choose a Washington bank, we can also help you:

• Improve your credit with a free credit report
• Compare national checking account rates
• Decide whether you need a savings account or to take advantage of high CD rates