Money Market Account: 1.40% 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 after account opening. Withdrawal limits apply. Rate Disclosure

Costco Member Incentive: To receive the $60 Costco member incentive, you must be a Costco Executive Member at the time you open your account. To receive the $20 Costco member incentive, you must be a Costco Gold Star or Business 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 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 may be reported to the IRS as required by applicable law. Please keep this incentive disclosure for your records.