I have been banking with Washington Mutual for many years now, and am extremely pleased with the service I’ve been receiving. I made the switch to their free personal checking account after getting frustrated with all the limitations, rules, and fine print attached to the account I had with a different bank. I was in search of a straightforward account that gave me the freedom to do what I want, and Washington Mutual really delivers!
The best thing about my free checking account is the fact that there’s no minimum balance required. It doesn’t matter if I have $10,000 in there or just $10; I’ll never get a fee for failing to maintain some arbitrary minimum. Also, WaMu offers full-featured online banking services to all their customers, which means I can pay bills, transfer funds, or check my statement online without ever having to step foot inside a branch. And if I do want to go to my local branch and deal with a live teller, I won’t get charged extra for it.
How many other major financial institutions offer this many service — all for free? Needless to say, I’m sticking with WaMu for the long haul!