Information about opening a Business Money Market Account

Step 1: Getting Started

Please gather some basic information for the business and any additional signers on the account. You may have up to 4 signers listed on the account. Please refer to the list at the right for required information.

Note: The following business types are not accepted:

  • Public Funds/Government Agency
  • International Business Corporation
  • Private Investment Company
  • Casino/Gambling Activities
  • Money Service Business

In compliance with federal law, we use the below information to verify your identity.

  • Name of Business and signers
  • Business Description (Example: gas station, floral shop, restaurant, etc.)
  • Address of the Business and signers
  • Tax ID for Business and SSN for each signer
  • Business and each signer’s phone number
  • Email address for each signer
  • Birth date for each signer
  • Drivers License information for each signer

Step 2: Complete your Business Money Market Account application

Our convenient online application will take just minutes to complete.

If you have questions, please call one of our Bank Experts at 1-800-562-1340. Our Experts are available Monday–Friday 8a.m.–8p.m. and Saturday 8a.m.–2p.m.

Your account will be held at Capital One Bank (USA), N.A., member FDIC unless you notify us otherwise by calling 1-866-584-9174.

Open a Capital One Business Money Market Account today

If you are responding to a promotion or offer, please enter your offer code. This application can always be saved, so you can leave and come back later to finish.

Retrieve a Saved Application Retrieve a Saved Application

Step 3: Provide these verification documents and acceptance form

After completing the application we'll mail you a packet containing the account acceptance form and other important information. You should receive this within 10 business days. Please fill out the account acceptance form, have all listed account owners sign it and return it along with the following:

  1. Your applicable verification documents (see right side of page for details)
  2. Your initial deposit in the form of a check made payable to Capital One and drawn on an account owned by your business

Business Type Required Supporting Documents
Corporation
(S, C, LLC)		 Certificate of Authority AND One of the following:
  • Articles of incorporation
  • Government issued business license or certificate
  • IRS EIN Notice
Partnership Certificate of Authority AND One of the following:
  • Partnership agreement
  • Government issued business license or certificate
  • IRS EIN Notice
Non-profit Certificate of Authority AND One of the following:
  • IRS EIN Notice
  • IRS Tax Exemption Notice
Sole Proprietorship One of the following:
  • Government issued business license or certificate
  • IRS EIN Notice
  • Assumed Name certificate

Annual percentage yields (APYs) are effective as of 2/1/2012 and may change at any time.

Business Money Market Accounts: 0.40% APY applies to account balances of $0.01–$4,999.99, $5,000–$9,999.99, $10,000–$24,999.99, $25,000–$49,999.99, $50,000–$99,999.99, and $100,000 or more. Minimum deposit required to open the account is $1. No minimum balance required. Terms and conditions of this offer may change at any time. Rates are variable and may change at any time. Rate Disclosure

Please enter your five-digit ZIP Code

We ask for your ZIP Code as product offerings and features may differ among geographic locations. You may change your ZIP Code at any time.