The benefits of saving account is known to everyone, yet some people may not be fully aware of it so let me explain some benefits of it and tell you some reasons why you must have a savings account. First of all, you must develop a habit of saving money. This is very easy and it’s since you get rewarded (saved money) every time you do things differently to save money, you start enjoying it actually. You can save money by buying daily used items from retail stores which offer good rates, save money on gas by walking if going nearby or using a public transport whenever possible. Intelligent use of home appliances can cut down in your electricity bills. Now when you have actually started saving money, where are you going to keep it? In the locker or fixed deposit? No way, because there the money will not grow. Where as in savings accounts your saved money can grow and you also get many other advantages associated with savings account. Savings Accounts from WaMu for example is a good choice as it offers lot more services than others like online banking, traditional, online and liquid CD, statement savings etc. If you don’t have savings account yet, then going for WaMu will be a wiser choice because they offer so many irresistible offers and features in their account that no other can do.