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.
Updated February 6, 2012 and originally published March 2, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.
Points: ♦126,646
Rank: Platinum
About the authorRank: Platinum
{ 5 comments… read them below or add one }
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.
You need to update your rate, the current rate is 1.25%, the rate shown is two years old.
I have been trying to access the Capitalone website for several days. I call the ‘online services’ number and I keep hearing the ‘server is down’. How do You expect Me to have any trust in a bank that has trouble with thier server.. I am really getting fed up with this situation.. I have several large accounts in Your bank and I am seriously contemplating closing them out..