10% bonus on interest earned @ CapitalOne InterestPlus Savings

Share:

Offered by: Capital One Banking


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 $1,000 or more.
  • Get a 10% bonus on your interest earned four times a year. Just open and use your Capital One credit card at least once a month or keep an average balance of $10,000 in your savings account each month to qualify.
  • No Fees
  • FDIC Insured

* APY in effect as of 12/08/2010. 1.25% 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.

Comments

7 Total Comments

So, basically, it's 1.7%, but if you do everything right, it's 1.87%. Wow, that's exciting.

Reply

jratcliffe 2 years ago

 

on 2nd thought,,its all an insult,,created by the fed.which is private,,not federal!!!rates should be 5%..

Reply

silverazor99 2 years ago


This seems like for US citizens only ...

Reply

vamsiae 2 years ago

what is the best card for you when you have no credit also low score of 513

Reply

g1boy 2 years 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.

Reply

christoofar 2 years ago

When I went there it only showed 1.6 not 1.7

Reply

tmcgough 2 years 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.

Reply

p5a7t4 2 years ago

  • Prev
  • 1
  • Next

Comment On This Offer


Submit Your Comment
Receive Comment Email Alerts

We'll alert you when a comment or reply is posted to this offer.

Welcome to Credit Karma! Like our service? Share the karma and recommend us on Facebook.