The Capital One InterestPlus Online Savings account has long offered one of the best interest rates around for Internet banking. Now, they're offering another bonus for customers who are able to deposit and maintain high balance limits. If you open a Capital One InterestPlus account using the offer code FUND218DF and have a balance of $10,000 or more on May 2, 2011, you will receive a $50 bonus. Your account must remain open 4 - 8 weeks after May 2, during which time your bonus will be credited to your account. If you maintain a $10,000 or more average monthly balance in your savings account, every quarter you will get an additional 10% bonus on the interest earned for that quarter.
Don't have $10,000 to deposit? Unfortunately, that means that you are ineligible for the $50 bonus deal. However, you can still get the 10% quarterly bonus if you have and use your Capital One credit card once month. Additionally, you only need to have an account balance of $1,000 or more to qualify for the high 1.10% APY. Balances less than $1,000 will earn 0.10% APY. It's just one more incentive to build up your savings.
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