Bank · FDIC insured
WaFd Bank Carrot Score
A $27.6B bank, the 79th largest of 4,207, headquartered in Seattle, WA, with 210 branches in 9 states.
WaFd Bank Carrot Score
83
Carrot Score
Higher than 61% of U.S. banks and credit unions
- CDs82
- Savings87
- Auto loansNot scored
- Credit cards61
Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.
Where WaFd Bank ranks
By Carrot score, in each area where it has branches
- #18 of 62Seattle-Tacoma-Bellevue, WA metro38
- #31 of 60Phoenix-Mesa-Chandler, AZ metro10
- #10 of 35Boise City, ID metro9
- #8 of 56Portland-Vancouver-Hillsboro, OR-WA metro7
- #12 of 26Tucson, AZ metro7
- #60 of 128Los Angeles-Long Beach-Anaheim, CA metro6
And 77 more areas
- #24 of 43Salt Lake City-Murray, UT metro6
- #4 of 18Bellingham, WA metro5
- #4 of 16Bend, OR metro5
- #49 of 115Dallas-Fort Worth-Arlington, TX metro4
- #14 of 31Las Vegas-Henderson-North Las Vegas, NV metro4
- #11 of 27Albuquerque, NM metro4
- #10 of 27Spokane-Spokane Valley, WA metro4
- #3 of 16Mount Vernon-Anacortes, WA metro4
- #4 of 23Salem, OR metro3
- #3 of 17Bremerton-Silverdale-Port Orchard, WA metro3
- #3 of 14Wenatchee-East Wenatchee, WA metro3
- #2 of 12Grants Pass, OR metro3
- #2 of 12Medford, OR metro3
- #4 of 12Sierra Vista-Douglas, AZ metro3
- #2 of 11Newport, OR metro3
- #11 of 39San Jose-Sunnyvale-Santa Clara, CA metro2
- #7 of 25Olympia-Lacey-Tumwater, WA metro2
- #3 of 21Eugene-Springfield, OR metro2
- #7 of 18Santa Fe, NM metro2
- #5 of 17Twin Falls, ID metro2
- #3 of 13Ontario, OR-ID metro2
- #1 of 12Moses Lake, WA metro2
- #3 of 10Klamath Falls, OR metro2
- #6 of 9Yuma, AZ metro2
- #2 of 8Hailey, ID metro2
- #1 of 8Hermiston-Pendleton, OR metro2
- #1 of 8Payson, AZ metro2
- #4 of 7Española, NM metro2
- #29 of 71San Francisco-Oakland-Fremont, CA metro1
- #22 of 51Austin-Round Rock-San Marcos, TX metro1
- #18 of 29Ogden, UT metro1
- #6 of 21Reno, NV metro1
- #4 of 18Kennewick-Richland, WA metro1
- #7 of 17Las Cruces, NM metro1
- #8 of 16Idaho Falls, ID metro1
- #7 of 16Pocatello, ID metro1
- #4 of 16Prescott Valley-Prescott, AZ metro1
- #2 of 16Santa Rosa-Petaluma, CA metro1
- #9 of 15Logan, UT-ID metro1
- #3 of 14Albany, OR metro1
- #2 of 14Yakima, WA metro1
- #3 of 13Corvallis, OR metro1
- #7 of 13Rexburg, ID metro1
- #6 of 12Blackfoot, ID metro1
- #2 of 11Port Angeles, WA metro1
- #1 of 10Centralia, WA metro1
- #3 of 10Farmington, NM metro1
- #4 of 10Lewiston, ID-WA metro1
- #2 of 9Ellensburg, WA metro1
- #2 of 9Pullman, WA metro1
- #3 of 9Sandpoint, ID metro1
- #4 of 9Show Low, AZ metro1
- #4 of 8Clovis, NM metro1
- #2 of 8Elko, NV metro1
- #1 of 8Hood River, OR metro1
- #2 of 8Walla Walla, WA metro1
- #3 of 7Alamogordo, NM metro1
- #3 of 7Fallon, NV metro1
- #4 of 7Gallup, NM metro1
- #1 of 7La Grande, OR metro1
- #5 of 7Price, UT metro1
- #3 of 7Roswell, NM metro1
- #2 of 7The Dalles, OR metro1
- #3 of 6Nogales, AZ metro1
- #3 of 5Hobbs, NM metro1
- #2 of 5Ruidoso, NM metro1
- #2 of 5Safford, AZ metro1
- #2 of 3Silver City, NM metro1
- #34 of 108Washington75
- #14 of 76Oregon36
- #37 of 73Arizona28
- #19 of 50Idaho21
- #17 of 58New Mexico18
- #116 of 271California10
- #45 of 69Utah9
- #17 of 40Nevada8
- #157 of 375Texas5
Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.
By product
How each product scores
How its rates compare with every U.S. bank and credit union. Open a product to see them.
CDs
82top 42% nationally
| Term | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| 3-8 months | 3.60% | 59% | 3.50% | 3.82% | 4.05% |
| 9-15 months | 4.10% | 83% | 3.70% | 4.00% | 4.25% |
| 16-30 months | 3.50% | 56% | 3.35% | 3.85% | 4.20% |
| 31-60 months | 0.30% | 2% | 3.05% | 3.65% | 4.07% |
| Qualified | 4.10% | 72% | 3.85% | 4.15% | 4.35% |
Best rates 70.7 · all terms 56.8 → 65.1 → 82
Savings
87top 22% nationally
| Balance | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| $1,000 | 1.25% | 87% | 0.20% | 0.50% | 1.51% |
| $10,000 | 1.25% | 77% | 0.50% | 1.15% | 2.20% |
| $100,000 | 1.50% | 63% | 1.00% | 2.01% | 2.93% |
| Qualified | 1.25% | 73% | 0.60% | 1.31% | 2.43% |
Best rates 74.9 · all balances 75.5 → 75.1 → 87
Auto loans
Not scoredCredit cards
61beats 3% nationally
| Card | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| Purchase APR | 16.74% | 3% | 10.90% | 9.90% | 8.90% |
Best rates 3.2 · all rates 3.2 → 3.2 → 61
Where the score could improve
- CDs, 31-60 months3.65%0.30% today, higher than 2% of U.S. institutions. 3.65% would reach the top quarter; 4.07% the top 10%.
- CDs, 16-30 months3.85%3.50% today, higher than 56% of U.S. institutions. 3.85% would reach the top quarter; 4.20% the top 10%.
- CDs, 3-8 months3.82%3.60% today, higher than 59% of U.S. institutions. 3.82% would reach the top quarter; 4.05% the top 10%.
- To score in the 90sIts CDs already have a rate near the best in the country (4.10% at 9-15 months); its other CDs rates need to rank near the top too, so the weaker ones above matter most.
Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.
Method
How the score works
- Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
- Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
- Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.
How WaFd Bank got its score
Its products stand at 75.1 for savings, 65.1 for CDs and 3.2 for credit cards, out of 100. Its best two, savings and CDs, average 70.1. Publishing three products adds 1.5, for 71.6. That puts it in the top 39% nationally: a Carrot Score of 83.
The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.