WAMU savings rate still at 4.75%

The Fed dropped interest rates last week by a quarter point but WAMU still has the same interest rate for its online savings account. ING Direct dropped its rate on savings accounts from 4.3% to 4.1% last week. I am glad that I moved my banking relationships to WAMU. I opened a $1,500 CD with WAMU last week just before the Fed dropped the rate just in case WAMU dropped its savings rate.