Savings that strengthen your future
Start saving today with a competitive, high-yield rate up to NaN APY on qualifying balances and a business savings account built to support what your business is becoming.1
Up to NaN APY1
3-month promotional rate
$3 monthly fee
Waived with $300 balance
FDIC insured
Up to allowable limits
Earn a rate that fits your balance and fuels your business growth
| Balance tiers | Promotional Rate1 | Promotional APY1 |
|---|---|---|
| Up to $9,999.99 | NaN |
NaN |
|
$10,000 to $10 million |
NaN |
NaN |
| Above $10 million* | NaN |
NaN |
Promotional rate is guaranteed for 3 months after account opening and subject to change thereafter.
*If your business has savings deposit needs above $10 million, check if you’re eligible to connect with our Business Bankers for additional savings options.
Benefits that make saving simple
Fast transfers
Enjoy fast and easy transfers from a linked Capital One business checking account
24/7 access
Manage your savings anytime with online and mobile banking
Reduced costs
Waive the $3 monthly fee with a $300 minimum balance
FDIC-Insured
Your savings are protected up to allowable limits
Easy withdrawals
Up to six free withdrawals per statement cycle2
Overdraft protection
Link savings to checking to help avoid overdraft fees3
When your savings strategy gets more complex
Businesses with higher balances, greater transaction volume or more complex requirements may be eligible to work with a dedicated business banker to access additional savings solutions.
What you need to get started
1. What information will I need to complete the application online?
Useful information to have on hand to reference as you fill in your application, include:
- Personal Identification (Social Security card, and/or personal tax return)
- Your business’s Articles of Ownership, Articles of Incorporation, business tax returns, proof of ownership, SS-4 Notification Letter, Assumed Name Statement and/or your current lease or Certificate of Occupancy.
- Up-to-date information about your business’s owners (ownership percentage, date of birth, Social Security number, address, etc.)
2. What information will I need to complete the application with a representative?
To complete the application you’ll need:
- Personal information (name, date of birth, Social Security Number, etc.)
- E-mail address and phone number
- U.S. address and owner establishment date (not a P.O. box)
- Legal name of business and type of business
- Business establishment date with signer's full name
- Tax ID number, ownership structure, number of employees
- Percent of ownership and annual gross revenue
Additional documentation may be required depending on business ownership structure. Ask your banker or branch associate for details.
Ready to open a small business account? Here’s how:
