We've made it super simple to get paid twice.
- It starts with a great rate...
You'll earn a 0.75% Annual Percentage Yield (APY). That's one of the highest rates you'll find in savings accounts. And, this rate is exclusively for Costco members.
- Then, earn more with a 10% Bonus...
Get a 10% quarterly bonus on your interest earned when your average daily balance is more than $10,000 each month.
- Plus, get a Member Incentive. †
When you open your first Capital One deposit account through the Costco program and deposit $5,000 within 30 days...
Executive Members get a $65 incentive.
Gold Star and Business Members get a $25 incentive.
Earnings you could get in a year.
Capital One rates effective as of 5/9/2012
**Source: Informa Research Services, Inc.
Capital One Bank® deposit products are offered by Capital One Bank (USA), N.A., and Capital One, N.A., members FDIC. May not be combined with any other offers.
* InterestPlus Online Savings: APY effective as of 5/9/2012. 0.75% APY applies to account balances of $0.01 or more. Rates are variable and may change at any time. Minimum deposit required to open the account is $5,000. Withdrawals by online transfer are limited to six per calendar month. This account offers electronic statements only.
InterestPlus Online Savings 10% Bonus: 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 maintain an average monthly balance of at least $10,000 in this account every month during the previous quarter. The bonus will be paid to your InterestPlus Online Savings account within 4-8 weeks after the end of each quarter and will be reflected on your statement. 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.
** National Average for money market accounts as of 5/07/2012, Informa Research Services, Inc., Calabasas, CA, www.informars.com, based on balance of $5,000. Although the information has been obtained from various institutions, the accuracy cannot be guaranteed.
† Costco Member Incentive: To receive a Costco Member incentive, you must be a current Costco member at the time you open your account. This must be your first Capital One deposit account of any kind through the Costco program and you must fund your account with at least $5,000 within 30 days of account opening. The applicable member incentive will be credited to your account 4-6 weeks after you fund your account and may occur as two partial credits. The amount of the incentive varies by membership type and may be reported to the IRS as required by applicable law. Please keep this incentive disclosure for your records.
‡This chart represents interest earned for one year assuming no withdrawals plus the 10% quarterly bonuses on the interest earned. Actual interest and bonus earned may vary.
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