CapitalOne moved quickly following the repeal of regulation Q ten days ago and is now offering an interest-bearing business checking account.
When you open a Clear Interest Business Checking account by 10/2, you are guaranteed 1.1%APY for the first year.Account features:
- Great interest rate guaranteed for one full year when you maintain an average monthly balance over $10,000 and less than $100,000
- No monthly service charge for monthly balances of $10,000 or more
- 300 free transactions per month
- Only 25 monthly transactions required to earn interest
A branch visit is required to complete the account application process.