Posted by William Charles on December 17, 2019
Savings Accounts

Published on December 17th, 2019 | by William Charles

3

[Targeted] Capital One Business Savings: Up To $1,500 Bonus For Existing Customers

The Offer

No direct link to offer, sent out via e-mail. Subject line is ‘<name>, start 2020 by earning up to a $1,500 bonus for your business’

  • Capital One is offering a bonus of up to $1,500 to business savings account holders. The amount you receive depends on how much money you add and maintain from February 1st until April 30th, 2020:
    • $1,500 bonus when you add $200,000+
    • $800 bonus when you add $100,000-$199,999
    • $400 bonus when you add $50,000-$99,999

 

Our Verdict

This account earns 1.7% APY, looks like you need the funds in there for ~3 months to get the bonus, the $1,500 bonus is basically an extra 3% APY and the other bonuses are an extra 4% APY so this is worth doing for most people if chasing a high APY.

Hat tip to reader Robert



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Scott
Scott

Wish they would do the same for personal accounts

Peter
Peter

I don’t think so.

Nope
Nope

Pretty sure it only earns 1.7% for the first year. I have an established account and it looks like it’s only 0.4% default. Still may be better than the other options right now. If I’m wrong about 0.4% please correct me

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