Offered by: Capital One Banking
Capital One’s InterestPlus Online Savings account offers a 1.35% APY rate PLUS a 10% bonus on interest earned. You get paid first with a great rate, and again with a great bonus. Open one today and your savings account can get paid--twice!
Here’s how you can take advantage of one of the highest APYs offered for a savings account plus a generous quarterly bonus, from Capital One:
* APY in effect as of 08/09/2010. 1.35% APY applies to account balances of $1,000 or more. 0.10% APY applies to balances less than $1,000. Rates are variable and may change at any time. Minimum deposit required to open the account is $1. Withdrawals by online transfer are limited to six per calendar month. Each quarterly bonus will be equal to 10% of the interest earned on this account in the previous quarter. In order to be eligible to receive this bonus, your InterestPlus Online Savings account must be open, and you must either maintain an average monthly balance of at least $10,000 in this account every month during the previous quarter, or, you must be an owner of an active Capital One Credit Card in good standing (not restricted, not over limit, not past due), with at least one transaction per calendar month. The bonus will be paid to your InterestPlus Online Savings account within 4-8 weeks after the end of each quarter. This account offers electronic statements only. The amount of the bonus may be reported to the IRS as required by applicable law. Terms and conditions of this offer may change at any time.
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So, basically, it's 1.7%, but if you do everything right, it's 1.87%. Wow, that's exciting.
jratcliffe 9 months ago
on 2nd thought,,its all an insult,,created by the fed.which is private,,not federal!!!rates should be 5%..
silverazor99 7 months ago
This seems like for US citizens only ...
vamsiae 8 months ago
what is the best card for you when you have no credit also low score of 513
g1boy 8 months ago
Orchard Bank and Public Savings Bank are the best options with those grades.
CK Moderator
1.87 when you can still find CDs at rates higher than this. I know CapOne needs money (to help fund more CC loans), but this isn't convincing enough.
christoofar 8 months ago
When I went there it only showed 1.6 not 1.7
tmcgough 7 months ago
There is a 10% bonus four times a year.
CK Moderator
Capital One is a sub prime lender that charges a wee bit more that most lenders. Make that interest rate a wee bit north of 6% AND inflation might not eat it all up. This isn't a good offer.
p5a7t4 7 months ago