Capital One Direct Banking $50 Promotion
October 8th, 2009
Capital One Direct Online Banking is offering a $50 for opening a savings or money market account. You need to open the account by November 25th, 2009 and you must be a new customer so no current online checking account customers allowed. You need to make at least a $10,000 deposit by the expiration date and you have to keep your account open for 8 weeks after November 25th. The promo code is SAVER50DF and here is the promotion page.
Their savings account currently has a yield of 1.60% APY for balances of at least $10,000 and there’s no monthly service fees. Their money market account is paying 1.20% and has no monthly service fees as well.
Capital One Direct Banking is an FDIC insured bank.
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Damn, a whole $50 on $10,000? I think just about EVERY other bank would offer better deals than that.