Capital One Bank through Costco is offering a 7 year CD RATE of 3.97% with an anual percentage yield (APY) of 4.05%. The rate is exclusive to Costco members.

There is also a promo bonus exclusively for Costco members if you open a Captial One Bank certificate of deposit.

Costco Executive Members will receive $60 and Gold Star and Business Members will receive $20 when they open their first account of any kind through the Costco program and deposit at least $5,000 within 30 days of opening the account.

The interest credit will be credited to your account as interest income 4-6 weeks after you fund your account and may occur as two partial interest credits.

Captial One Bank Costco 7 Year CD Rate Application