Contents
The Offer
No direct link to offer, sent out via e-mail. Subject line is ‘<name>, start 2020 by earning up to a $1,500 bonus for your business’
- Capital One is offering a bonus of up to $1,500 to business savings account holders. The amount you receive depends on how much money you add and maintain from February 1st until April 30th, 2020:
- $1,500 bonus when you add $200,000+
- $800 bonus when you add $100,000-$199,999
- $400 bonus when you add $50,000-$99,999
Our Verdict
This account earns 1.7% APY, looks like you need the funds in there for ~3 months to get the bonus, the $1,500 bonus is basically an extra 3% APY and the other bonuses are an extra 4% APY so this is worth doing for most people if chasing a high APY.
Hat tip to reader Robert
Did anyone get their bonus posted yet?
usually they pay bonuses promptly. It’s been 3.5 weeks and I still haven’t received it. feeling concerned. anyone get theirs?
Pretty sure it only earns 1.7% for the first year. I have an established account and it looks like it’s only 0.4% default. Still may be better than the other options right now. If I’m wrong about 0.4% please correct me
Wish they would do the same for personal accounts
I don’t think so.