RateAPY

Capital One InterestPlus Online Savings Account at 1.35% APY

Posted by: RateAPY Bank Rates News
July 21st, 2010

Old-fashioned savings accounts are making a comeback now that Americans are focusing their attention on saving rather than spending. But today’s savings accounts have plenty of modern appeal since they allow 24/7 online access including the ability to transfer money from savings into a checking account if necessary.

Capital One’s InterestPlus Online Savings Account earns an APY of 1.35% on all balances of $1,000 and above. Interest is compounded daily and credited monthly for these FDIC-insured accounts. The minimum deposit to open the account is $2,500 and no fees are charged to maintain the account.

Accountholders can earn a 10% quarterly bonus on their savings if they maintain an average monthly balance of $15,000 or higher; or if they use a Capital One credit card at least once per month. Accountholders are limited to six withdrawals per calendar month.

Compare savings accounts online to earn the highest interest rates and pay the lowest fees.