10% bonus on interest earned @ CapitalOne InterestPlus Savings

Offered by: Capital One Banking

7 comments | Comment on this offer

Details

Capital One’s InterestPlus Online Savings account offers a 1.25% 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:

Get a 1.25% Annual Percentage Yield on balances of $2,500 or more
Quarterly bonus – Get a 10% bonus on your interest earned, 4x a year. In order to qualify, keep an average balance of $15,000 in your savings account each month or use a Capital One credit card at least once a month
No fees charged

* APY in effect as of 03/12/2010. 1.25% APY applies to account balances of $2,500 or more. 0.00% APY applies to balances less than $2,500. Rates are variable and may change at any time. Minimum deposit required to open the account is $2,500. 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 $15,000 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.

Comments

(7 Total Comments)

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 at 6:35 am Jan 31

When I went there it only showed 1.6 not 1.7"

tmcgough at 2:18 pm Jan 12

There is a 10% bonus four times a year.

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 at 6:14 am Dec 25