Rewards Money Market

Current Rates and Account Agreement Supplement

Variable Rate Information
You must deposit at least $1 to open this account. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account daily. Interest will be compounded on a daily basis, and will be credited on a monthly basis. Interest begins to accrue on the day we receive electronic funds and one business day after we receive all other non-cash deposits, including checks, and cashier's checks.

Balance computation method
The daily balance method is used to calculate interest. This method applies daily periodic rates to the collected balance in the account each day. Fractional interest rounds up for a half cent or more and rounds down (and does not accrue) if less than a half cent.

Rewards Money Market Account Transaction Limitations
No more than a maximum of six withdrawals in any calendar month are permitted, and only three of the six withdrawals may be by check or similar negotiable order. Please note, these restrictions do not apply to withdrawals made at an automatic teller machine (ATM).

ATM Card Transaction Limitations
ATM Cards can be used for withdrawals only; withdrawals can be made up to $500.00 per day.

Rewards Account Opening Bonus and Earning Miles
If you deposit $500 or more within 30 days of the rewards enrollment date, you will receive a one-time bonus of 2,500 miles. This bonus will be applied to your rewards balance within 60 days of the minimum qualifying deposit amount posting to the account. Additionally, you will earn one mile for every $20 of average balance for the month in your Rewards Money Market account. Rewards apply to average balance for the month only. Rewards will be calculated as specified above and then rounded to the nearest whole increment. Miles will be applied to the rewards balance on a monthly basis within 60 days after the end of each month. Limit one open Rewards Money Market Account per customer. Capital One has the right to change or cancel this rewards program at any time. Terms and conditions of this offer may change at any time.

Rewards Redemption
The number of miles required for travel redemption will depend on the cost of the itinerary you choose at the time of redemption. The mileage requirement is as follows: 15,000 miles are required for tickets up to $150.00; 35,000 miles are required for tickets from $150.01 up to $350.00; 60,000 miles are required for tickets from $350.01 up to $600.00. For tickets over $600.00 in value, the required number of miles will be determined by multiplying the cost of the ticket by 100 (ex. $768 ticket requires 76,800 miles). The number of miles required to redeem for non-air travel redemptions will vary by rewards product and are subject to change at any time without notice. Once enrolled, you can visit www.capitalone.com/nohasslerewards to register the account and to see a complete description of current redemption offers. You will be responsible for all associated taxes, airport security charges, fuel surcharges and other usage fees required for travel. These charges will be included in the overall calculation to determine the appropriate number of miles required for redemption. You can transfer your rewards between this account an other U.S. Miles or Points accounts. Please note: while you may receive rewards transfers from U.S. Cash accounts, you may not transfer rewards to them. The value of any miles redeemed for this money market product or transferred to another rewards account will be included in your year-to-date interest and year end tax reporting. For Rewards Redemption, please contact the Rewards Redemption center at 1-800-228-3001 or visit the Redemption website, www.capitalone.com/nohasslerewards.

Please see the Capital One Money Market Agreement for more information on the terms of these accounts. If you have any questions, please give us a call at 1-800-562-1340 Monday through Friday, 8 a.m. to 8 p.m., or Saturday between 8 a.m. and 2 p.m., Eastern Time.