I was able to sign up for a CD online with Washington Mutual. It only took me about 5 minutes to set up, and the interest rate is much higher than those I found elsewhere. I would recommend this product to people who don't have time to go into the bank to set up a CD.

WaMu has a great CD program with flexible terms. Also, they guarantee your rates will rise with the market, so you dont have to worry about inflation eating into your gains.

I hate wamu! I tried to cancel my online CD. I called, they sent me to a branch to get my money, I went to the branch they made me call, said they didn't have access to it. I called, they said they could wire the money into another account, but they needed the address of my home town bank (where I opened my account). I said i had to get it and would call back. I called back and they said they previous person had mislead me. They said in order for me to simply cancel the account, I would need to send them a letter asking for the cancellation....what a load of bullshit

Really easy to join, a lot of different options depending on what type of CD you want (time period etc.). Their online site is really easy to navigate. I would recommend it.