CapitalOne Bank is offering an Online Savings Account that currently yields 3.50% for balances over $10,000. Balances under $10,000 yield 2.50%.  The minimum initial deposit amount is only $1, there are no monthly fees and the account is FDIC insured up to $100,000. You can fill out an application online at CapitalOne Bank Online Savings Account or call one of CapitalOne’s Direct Banking Experts at 1-800-378-9233.