The banks keep raising the interest rates for their online savings accounts. Joey wrote in to inform me that “Capital One is up to 4.25% (annual percentage yield) in their high-yield savings account.” This bank has Joey’s favorite web interface. I’ve updated the list of online savings account interest rates.
Capital One Interest Rate Now 4.25%
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As soon as my credit cards are paid off I’m planning on opening a Capital One (or Capone, as I refer to them for obvious reasons) purely out of spite. They need to pay me for a change.
How do i start up a account. and how often does the interest incurr?
thanks,
justin
You can open an account at Capital One by clicking here. Most likely, the interest is calculated daily and credited to your account monthly.