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Up to $1000 Bonus for new Capital One 360 saving account
Open a capital one savings account by 12/24 and fund the account in 15 days and have a party. You have to hold the fund for 90 days. APY 2.35% as we speak.
I guess this is similar to Ally bank doing 1% bonus deal, but Capital one has physical banks in North East and customer service is better than Ally Bank
Up to $1000 bonus based on your deposit amount.
https://www.capitalone.
I guess this is similar to Ally bank doing 1% bonus deal, but Capital one has physical banks in North East and customer service is better than Ally Bank
Up to $1000 bonus based on your deposit amount.
https://www.capitalone.
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Either one lol
Ie, if you deposit $100k, you get $1k = 1% plus the usual bank sav interest.
Since you have to hold the fund for 90 days only, it comes out to 4% APY + 2.35% APY which is regular savings rate.
$10,000 3-Month T-Bill @ 4.11% YTM, simple interest/zero coupon = $10,127.51
$10,000 Capital One @ 2.35% APY + $100 for 90 days, compounded daily, + $100 bonus = $10,158.92
$10,000 6-Month T-Bill @ 4.35% YTM, simple interest/zero coupon = $10,204.08
$10,000 Capital One @ 2.35% APY for 180 days, compounded daily, + $100 bonus = $10,218.19
For those who don't have or don't want a brokerage account, this offer comes out ahead on both 3- and 6-month timelines.
Would I go through the effort? No, but I also wouldn't call someone brainless for taking the path which ultimately lands them the greater return.
What ppl forgot is : Interest earnings on savings bonds are exempt from state and local taxes. Federal Taxes can be deferred until the bonds are cashed.
So tbills are worth more than hys in this case
plus you get 2.35% rate?
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Haven't seen 4.1% for 3 month yet.
Thanks
I suggest going with a high interest account of at least 3% or higher and don't worry about these super small bonuses. The bonuses seem to be decent if you had direct deposit.
You are welcome
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Can you please share link to that?