Capital One--My #1 Bank

I've been with Capital One forever and w/o any problems.  Currently many of my 10-year CD's are maturing there (can't believe I got 8.00% back in 2000).  I simply call them about a week or so before each comes due and direct them to transfer the funds to my Capital One Interest Plus Savings Account (more on this later).  From there, I can go online and transfer the funds to my local checking account by ACH (3 business days free or a same day wire for $20)--it's so convenient. I love that you can get a live person directly.  Also, the reps are so helpful in getting my requests handled promply.

You may have seen the Interest Plus Savings account advertised here.  It currently yields 1.35% as long as you maintain an average daily balance of $2500.  If you maintain $15,000 or more an extra 10% in interest is credited to your account quarterly. It's like making nearly 1.50%.  I use this type of account and have it linked to my local checking account.  A top drawer product from a top drawer bank!!! 



 

Update:     Capital One can do ACH transfers in just one day now.  They continue to be the best, IMO.