Joined Jul 2010 L2: Beginner
Is this Capital One bonus a good deal?
June 18, 2020 at 06:54 AM
Earn a $450 bonus when I deposit $50,000 into my MMA currently earning 1.00% and keep it there 3 months. The money would be coming from an account earning 1.35% currently. If my math is correct, $450 on $50,000 is like 0.90% a year or 3.60% for 3 months on top of the 1% it's already earning, or 4.60% total. Does this seem right and is it then a no-brainer to do?
Join the Conversation