Washington Mutual Bank is currently offering a 8 month CD rate of 4.25%, though rates vary depending on the state you are in and the minimum deposit is $1,000. After being approved for the account you must deposit funds within 7 calendar days. This rate is a special online CD rate, you won’t receive this rate at a branch location.

To open the online Certificate of Deposit account, you will need the following:

• Social Security number or tax payer ID number
• Driver’s licence or state ID
• Account and routing number if you want to make your deposit from another bank account.

Washington Mutual Online CD Application