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WaMu Celebrates Fifth Anniversary of Providing its Credit Card Customers with Free Access to Their FICO Credit Score

SAN FRANCISCO--(BUSINESS WIRE)--Feb. 27, 2008--WaMu (NYSE:WM), the first, and currently the only, credit card issuer that provides its cardholders with free(a) online access to their FICO(R) credit score, is celebrating the fifth anniversary of the service in 2008. WaMu first partnered with credit bureau TransUnion(R) and credit scoring pioneer Fair Isaac Corporation (FICO) in 2003 to introduce this valuable, free consumer service.

WaMu credit card customers simply have to set up online access to their account -- also free. Not only can they then track their card usage and pay their bill, they also receive monthly updates of their TransUnion-derived FICO(R) score along with the top reasons why they have that score. Normally, consumers would have to pay at least a one-time fee of $15.95 to purchase their FICO(R) score, and close to $100 annually for ongoing monthly monitoring.

"Knowing your credit score is a powerful tool for consumers to better manage their credit and improve their personal finances," says WaMu Card Services President Tony Vuoto. "We're proud to have been a pioneer in providing this important service for our customers and are very happy to be celebrating our fifth anniversary of free credit scores."

Free access to their FICO(R) score is part of WaMu's Real Information service, designed to give cardholders the knowledge and power they need to manage their credit responsibly. In addition to getting their FICO(R) score, WaMu cardholders have free online access to a variety of financial education materials that are all designed to help them understand and improve their credit standing.

"Fair Isaac, the developer of FICO(R) scores, applauds WaMu for its foresight in offering this unique solution to its cardholders over the past five years," said Shon Dellinger, vice president of myFICO for Fair Isaac. "Besides being able to preserve and improve their credit standing over time, better-informed cardholders are prize customers and a key to WaMu's continued success."

Tracking their FICO(R) score over time can also serve as a useful tool for consumers to monitor against identity theft. If their score unexpectedly decreases, for example, this may be an indicator of unauthorized new accounts being opened.

"It's in every consumer's best interest to build and maintain their good credit. That's why having free access to their FICO(R) score can be an invaluable asset for credit-savvy consumers," added Vuoto.

Consumers interested in applying for a WaMu credit card product can do so online at or through various direct mail offers.

(a) WaMu Secured Platinum MasterCard(R) customers pay an annual fee for the general use of their credit card and receive unlimited online access to their FICO score as an account benefit.

About WaMu

WaMu, through its subsidiaries, is one of the nation's leading consumer and small-business banks. At Dec. 31, 2007, WaMu and its subsidiaries had assets of $327.91 billion. The company has a history dating back to 1889, and its subsidiary banks currently operate approximately 2,500 consumer and small-business banking stores throughout the nation. WaMu's financial reports and news releases are available at

About TransUnion

As a global leader in credit and information management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue by delivering comprehensive data and advanced analytics and decisioning. For consumers, TransUnion provides the tools, resources and education to help manage their credit health and achieve their financial goals. Through these and other efforts, TransUnion is working to build stronger economies worldwide. Founded in 1968 and headquartered in Chicago, TransUnion employs more than 4,000 employees in more than 30 countries on six continents.

About Fair Isaac

Fair Isaac Corporation (NYSE:FIC) combines trusted advice, world-class analytics and innovative applications to help businesses make smarter decisions. Fair Isaac's solutions and technologies for Enterprise Decision Management turn strategy into action and elevate business performance by giving organizations the power to automate more decisions, improve the quality of their decisions, and connect decisions across their business. Clients in 80 countries work with Fair Isaac to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. Fair Isaac also helps millions of individuals manage their credit health through the website. Learn more about Fair Isaac at

             Keith Givens, 415-278-4426
             Steven R. Katz, 312-985-2373
             Fair Isaac
             Chris Groppa, 312-751-4193

    SOURCE: WaMu