Capital One Online Savings Account $25 Promotion

Capital One Direct, the banking arm of the credit card company Captial One is offering an online savings account promotional bonus of $25.00.

To qualify for the promo bonus, you first must open your online savings account or money market account with Capital One Direct and deposit at least $10,000 by November 25, 2009 to receive a $25.00 promotional bonus.

When you open the money market account or online savings account you must use promotional offer code SAVER25DF. The savings account or money market account must be your first account with Capital One Direct Banking. The account you open must also remain open for 4-8 weeks after November 25, 2009 and during this time the $25 promo bonus will be deposited into your account.

The online savings account rate is very competitive with other savings account rates available today. The savings rate is also competitive with 12 month CD rates available these days.  The annual percentage yield is currently 1.60% for account balances of $10,000 or more. Savings account balances of less than $10,000 receive an annual percentage yield of 0.60%.

Capital One Direct Bank Online Savings Account Bonus