Captial One Bank Online Savings Account Promo

Capital One Bank is offering an online savings account sign up bonus exclusively through Costco. If you are a Costco Excecutive Member the promotional bonus is $60, Costco Gold Star Member and Business Members get a $20 bonus. The annual percentage yield on the online savings account is a decent 2.70% for balances over $10,000.

Online Savings Account qualifications and details:

To receive the bonus you must be an Executive Member, Gold Star Member or Business Member before you open the account.

$5,000 minimum deposit to open the account

This must be the first time you open a Direct Banking account of any kind using the Costco program and deposit at least $5,000 within 30 days of opening the account

The interest credit will be credited to your account as interest income 4-6 weeks after you fund your account and may occur as two partial interest credits

There are no fees associated with the account, and you are not required to maintain a minimum balance to earn interest

Costco Capital One Bank Online Savings Account Applicaiton

Author: Brian McKay

January 31st, 2009

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