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FDIC security: The Federal Deposit Insurance Corporation (FDIC) provides insurance on deposits in Capital One Bank (USA), N.A. to at least $250,000 per depositor, per institution. See www.fdic.gov for more details.
Balance |
APY |
|---|---|
| $0.01 - $99.99 | 0.00% |
| $100.00 + | 0.70% |
$1,000 minimum initial deposit.
*APY means Annual Percentage Yield. Account-specific disclosures:
Business Money Market Account: 0.70% APY applies to account balances of $100 or more. 0.00% APY applies to balances less than $100. Minimum initial deposit amount is $1,000. Terms and conditions of this offer may change at any time. Rates are variable and may change at any time. Withdrawal limits apply.
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 Direct Banking 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 ($60 for Executive Members and $20 for Gold Star and Business Members) and may be reported to the IRS as required by applicable law. Please keep this incentive disclosure for your records.
**Source: Informa Research Services, Inc. Calabasas, CA, as of 1/30/2012. www.informars.com Data is based on a balance of $2,500. Although the information has been obtained from various institutions themselves, the accuracy cannot be guaranteed.
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