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Simple Savings Rate INCREASE!

Tuesday, March 8, 2011 - 11:36 AMCapital One Direct Banking - Details
Oddly enough, after having lowered the rate of the internet-only InterestPlus Savings, Capital One Bank raised the rate on their in-branch Simple Savings account by 5 basis points, to 1.15% APY (was 1.10% APY)!
6
WilWil242 posts since
Feb 26, 2010
Rep Points: 1,281
1. Tuesday, March 8, 2011 - 2:46 PM
Wil:  More CapOne market segmenting.  The rate is still 1.10% in Houston for 2,500+.  That's alright - the cost of living is higher in the NE so you deserve (need) it ;-)
2
CraigPDCraigPD94 posts since
Jun 12, 2010
Rep Points: 335
2. Wednesday, March 9, 2011 - 12:09 PM
Here are the rates on CapOne's in-branch Simple Savings account, by state:

CT: Simple Savings account is not offered; DC: 1.23% APY on $10,000+; DE: 1.23% APY on $10,000+; LA: 0.70% APY on $2,500+; MD: 1.23% APY on $10,000+; NJ: 1.15% APY on $2,500+; NY: 1.15% APY on $2,500+; TX: 1.10% APY on $2,500+; and VA: 1.23% APY on $10,000+.
4
WhataBummerWhataBummer413 posts since
Oct 15, 2010
Rep Points: 1,702
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