Capital One Bank is offering an online savings account sign up bonus exclusively through Costco. If you are a Costco Excecutive Member the promotional bonus is $60, Costco Gold Star Member and Business Members get a $20 bonus. The annual percentage yield on the online savings account is a decent 2.70% for balances over $10,000.

Online Savings Account qualifications and details:

• To receive the bonus you must be an Executive Member, Gold Star Member or Business Member before you open the account.
• $5,000 minimum deposit to open the account
• This must be the first time you open a Direct Banking account of any kind using 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
• There are no fees associated with the account, and you are not required to maintain a minimum balance to earn interest

Costco Capital One Bank Online Savings Account Applicaiton