Savings and Money Market Accounts
You need competitive savings options. Choose the account that fits your goals.
Free for minor accounts up to age 18. Apply at a branch near you
Access to thousands of Fee-Free ATMs and 200 branches in 9 states
24/7 online and mobile banking
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Start Savings
Designed to help you save and earn more for doing it
Save for your future self:
Open an Account- Only $25 initial deposit
- No minimum balance requirements
- No monthly service charge
- Variable blended rate
- Must have a WaFd Checking account to open
WaFd Bank will not run your credit for this application.1
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Savings
Open a secure savings account to set aside and grow funds for your future
Everything you need in a Savings account:
Open an Account- Free for minor accounts up to age 18
- Only $25 initial deposit ($10 for minors)
- $3 monthly fee waived on balances above $100
- Minimum balance to earn interest is $100. ($10 for minors); this is a variable-rate account See interest rates/APY
WaFd Bank will not run your credit for this application.1
![Grandfather and granddaughter counting money with piggy bank.]()
High Yield Money Market
Open an Account- Only $25 initial deposit
- $10 monthly fee waived on balances above $1,000 (Not available for IRAs or Business Clients)
- This is a variable-rate account See interest rates/APY
- Product Effective 10/19/2022. Promotion may be discontinued at any time
WaFd Bank will not run your credit for this application.1
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Gold Money Market
Open an Account- Only $25 initial deposit
- $10 monthly fee waived on balances above $1,000 (Not available for IRAs)
- Minimum to earn interest is $1,000; this is a variable-rate account See interest rates/APY
WaFd Bank will not run your credit for this application.1
![Couple laughing sitting on sofa in living room.]()
Money Market
Open an Account- Only $25 initial deposit
- $10 monthly fee waived on balances above $1,000
- Minimum to earn interest is $1,000; this is a variable-rate account See interest rates/APY
WaFd Bank will not run your credit for this application.1
1For account opening WaFd Bank does not pull your credit from one of the three main credit bureaus. We will review OFAC and ChexSystems®.
Lock in up to 4.35% Annual Percentage Yield with our 4-5 month Certificate of Deposit (CD) special!
CDs often pay higher interest rates than savings and money market accounts in exchange for leaving the funds on deposit for a fixed period of time.
See how much interest you can earn with our WaFd CD Rate CalculatorFor assistance with WaFd Bank products and services.
Awarded America's Best Big Bank - Three Years in a Row
Best Big Bank in Washington, Idaho, New Mexico
Awarded America's Best-in-State Bank
Best-in-State Bank in Washington, Nevada, New Mexico
Awarded America's Best Big Bank - Three Years in a Row
Best Big Bank in Washington, Idaho, New Mexico
Awarded America's Best-in-State Bank
Best-in-State Bank in Washington, Nevada, New Mexico