I'm looking to join a new bank and was wondering if there was a catch to their free checking account and free checks for life. Can you tell me any other pros or cons with them?
2006-09-27 10:21:31 · 9 answers · asked by Lanie 3 in Business & Finance ➔ Personal Finance
We use WAMU, and we actually decided to pay the extra $5 a month for the accidental death coverage (good life insurance for a young healthy couple like my husband and I).
I'd say the catch is that once your in, you'll think they're the ones to go to for loans - don't, their rates are through the roof. They're great for checking and savings accounts, but get your loans and other financial services through a local credit union.
2006-09-27 10:38:27 · answer #1 · answered by daisyk 6 · 0⤊ 0⤋
I have a checking acct. with them for about a year. The branch is in a grocery store , and is open longer hours. They gave me a really nice set of luggage, it was a promotional, don't expect it again.
They are legit. Free checking.
I keep different type accts in several banks. If an acct gets screwed up, just let it cool off for a while.
2006-09-27 17:33:44 · answer #2 · answered by jekin 5 · 0⤊ 0⤋
Nope. I bank with Wells Fargo and Johnson Space Center Credit Union
2006-09-27 17:28:44 · answer #3 · answered by dolphinluver22000 4 · 0⤊ 0⤋
Yes! I love WaMu....I have been with them over a year and there does not seem to be a catch...The only bad part is the free checks are singles and I like doubles...
2006-09-27 17:29:29 · answer #4 · answered by dodge_bee 3 · 1⤊ 0⤋
when it comes to getting approvals for a loan they are the greatest. my parents tried 2 get a loan from bank of america and it took them almost 6 months. then my mom fianally switched banks and WaMu got them the loan on 2 weeks, go with WaMu.
2006-09-27 18:16:08 · answer #5 · answered by Hopeicouldhelp 4 · 0⤊ 0⤋
im using them for almost 2 years. its free but i sighned up before they started the free check for life thing. so i pay for my checks =/ lol. everything else is free. plus if u have any other cards their atms are free.
2006-09-27 17:31:41 · answer #6 · answered by Annie 1 · 0⤊ 0⤋
I have heard that it is only $1 to open an account and you get a debit card--the debit card is a little slow in coming in the mail. also you earn interest!
2006-09-27 17:39:58 · answer #7 · answered by Pooks 6 · 0⤊ 0⤋
just started with wanu but there are not near me I feel like they are a good company
2006-09-27 20:18:00 · answer #8 · answered by Luxury 1 · 0⤊ 0⤋
no
2006-09-27 17:23:13 · answer #9 · answered by mizsinister 3 · 0⤊ 0⤋