Available nationwide, Capital One is offering residents an opportunity to earn a 1.75% APY for 12 months when you open a new Business Savings Account. To earn the stated APY rate, all you would have to do is determine how much you would like to deposit into your new account. Whether you deposit $300 or $500,000, you will still be able to earn the same great rate. Additionally, it does not matter what business you are in. With a new Business Account, you will be able to your well earned money to well earned savings! If you are interested, I suggest you apply as soon as you can, as the rates are subjected to change.
Capital One Bank Advantage Savings Summary:
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- Account Type: Business Advantage Savings Account
- Rate: 1.75% APY for 12 months
- Availability: Nationwide (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull
- Direct Deposit Requirement: None
- Additional Requirements: None
- Avoid Monthly Fee: $3, waived with a minimum account balance of $300.
- Early Termination Fee: None
Capital One Business Advantage Savings Requirements:
- Open a New Business Advantage Savings Account at your local Capital One Location with an opening deposit of $250.
- The account will earn the promotion APY rate of 1.75% for 12 months on balances ranging from $0.01 to $1,000,000.
- After the year, the account will earn the standard rate.
Capital One Business Advantage Savings Fine Print:
- Advertised rates apply to new savings customers who open today.
- After 12 months, a standard annual percentage yield (APY) will be applied to the entire balance.
- Rates effective 05/01/2018
- Advertised interest rates are available to new accounts only and will expire 365 days after account opening.
- There is no minimum balance required to earn interest.
- Customers are limited to one promotional Business Advantage Savings account.
- All additional accounts will earn the standard rate.
- Customers that have had a promotional rate in the past are ineligible for another promotional rate.
Capital One‘s 12 month 1.75% Annual Percentage Yield is only available to new Business Savings Account customers. Your account must be open and in good standing to receive the credits. This offer cannot be combined with any other Capital One 360 new account opening offer and is strictly non-transferable. Limit one offer per customer. If you qualify, make sure to hurry into your local Capital One 360 to get started today! If not, see our complete list of Bank Rates for all your banking needs!