The new InterestPlus Online Savings Account offered by Capital One Direct Banking is presenting a competitive 1.70% APY top rate. Here are a few features of the account:
- 10% quarterly bonus on interest earned if you maintain a minimum average of $15,000 or use your Capital One credit card at least once a month.
- The top rate applies to balances of $2,500 or more
- If the APY stays at 1.70%, the 10% bonus would bump the APY to 1.87%
The bank offered this account to Costco customers in July; however, the minimum balance to earn the 1.85% top rate was $5,000. Also, it didn’t offer the 10% bonus.
The account imposes no fees and has an ACH bank-to-bank transfer service.
Current Capital One CD Rates
- 6 Month CD Rate – Capital One
- 12 Month CD Rate – Capital One
- 2 Year / 24 Month CD Rate – Capital One
Other Capital One Rates
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
