Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
Frontpage Advertiser Disclosure

Capital One: 11-Month 360 CD Expired

5% APY
(No Minimum Deposit)
+444 Deal Score
451,067 Views
Update: this extremely popular deal is still available.

Capital One is offering a 11-Month 360 Certificate of Deposit at 5% APY with no minimum deposit.

Thanks to Community Member ginger_ale for finding this deal.

Original Post

Written by
Edited February 24, 2023 at 12:11 AM by
No minimum balance required.

Expires 3/15/23

https://www.capitalone.com/bank/cds/online-cds/

Full CD Disclosure

https://www.capitalone.com/bank/d...nline-cds/
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+444
451,067 Views
5% APY
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

775 Comments

Your comment cannot be blank.

Featured Comments

So I started to ladder T-Bills for the reasons everyone is stating in this thread. The rate is so volatile (in a good way) that locking into anything even 12 months is too long for me and rates continue to climb. I use fidelity and my suggestion is this.

When they offer the new 4 week and 8 week and 13 week t-bill (they auction on diff days and diff weeks) go in and buy one of each of them with whatever money you can spare. Let's use 5k for each.

I would buy a 4 week t-bill with NO Rollover for 5k
I would buy an 8 week t-bill with NO Rollover for 5k
I would buy a 13 week t-bill WITH Rollover for 5k

Then after 4 weeks when that first on comes up, buy another 13 week t-bill with the 5k WITH Rollover.
Then after 8 weeks when the second comes up, buy another 13 week t-bill with the 5k WITH Rollover.

Now you will have 3 13 week t-bills rolling every 4 weeks or so and rolling into a new one with the proceeds. This way every 4 weeks you are capturing an increasing rate and not locked into anything longer than 13 weeks. You benefit from the rate hikes, can cash out at any time, and you have state tax shelter from the earned interest.

I can almost guarantee that the above will yield you more net income (taking in tax break) at the end of 11months then the 5% locked CD

just my 2cents
You can buy treasuries from just about any brokerage. I use Fidelity, as I like their platform and they don't charge fees/commissions for treasuries.
Fidelity Fixed Income Page [fidelity.com]
Follow the above link and scroll down to the row "U.S. Treasury." Choose the duration you want and click on it. You can then click "buy" to start a trade of a specific treasury bill/bond.
Fidelity's Intro to Treasuries [fidelity.com]
This is true, but it doesn't make an 11-month CD at 5% a bad idea. Those HYS can change their rates at any time, but here you're guaranteed to get 5%.

Sign up for a Slickdeals account to remove this ad.

Joined Dec 2005
Chief Bottlewasher
> bubble2 1,033 Posts
452 Reputation
candelabra
02-08-2023 at 11:22 PM.
02-08-2023 at 11:22 PM.
Quote from ed.de :
Those have 5 year maturity and rate changes every 6 months.. you lose the last 3 months of interest if you withdraw before the 5 year maturity.
yeah the rate is 7%, u can do the math on the rest
Reply
Last edited by candelabra February 8, 2023 at 11:25 PM.
Joined Mar 2013
L8: Grand Teacher
> bubble2 3,247 Posts
705 Reputation
Bulletproof23
02-09-2023 at 09:43 AM.
02-09-2023 at 09:43 AM.
Can I open the CD today and fund it next week? Or do I need to find it immediately to lock in the rate? Any advice is appreciated.
Reply
Joined Jul 2019
Lil Jimmy,Bng 9er Gng
> bubble2 3,694 Posts
94c107ea-869c-45a5-becd-c6b552
02-09-2023 at 09:45 AM.
02-09-2023 at 09:45 AM.
Quote from LivelyTree6515 :
Robinhood have 4.15% with their Gold accounts ($5 per month fee) on your uninvested cash. You can cancel anytime, can invest that money anytime, no need for stupid 1980s CDs

Feck Robinhood.
Reply
Joined May 2006
L2: Beginner
> bubble2 41 Posts
30 Reputation
bojingles
02-09-2023 at 09:46 AM.
02-09-2023 at 09:46 AM.
Quote from LivelyTree6515 :
Robinhood have 4.15% with their Gold accounts ($5 per month fee) on your uninvested cash. You can cancel anytime, can invest that money anytime, no need for stupid 1980s CDs

Robinhood is trash. Good luck getting access to your account when they lock you out for no reason whatsoever. They have zero customer service. Its all done by email and takes weeks to months to resolve.
Reply
Joined Oct 2021
L5: Journeyman
> bubble2 526 Posts
114 Reputation
CrimsonRose733
02-09-2023 at 09:48 AM.
02-09-2023 at 09:48 AM.
Quote from LivelyTree6515 :
Robinhood have 4.15% with their Gold accounts ($5 per month fee) on your uninvested cash. You can cancel anytime, can invest that money anytime, no need for stupid 1980s CDs
So you pay a fee to make almost a full percent less than a CD and you are calling it a good deal? The CD rate is locked in, whereas is the rates drop later this year, your rate will drop in Robinhood, guaranteed. CDs are not stupid, you just have to actually understand what they are. They are not for short term holdings.





Reply
Joined Oct 2017
L4: Apprentice
> bubble2 1,433 Posts
142 Reputation
techie_review
02-09-2023 at 09:49 AM.
02-09-2023 at 09:49 AM.
How do you get your money out after the 11 months ?
1
1
Reply
Joined Dec 2022
New User
> bubble2 12 Posts
14 Reputation
NeatHill2976
02-09-2023 at 09:52 AM.
02-09-2023 at 09:52 AM.
Its still there.. its not expired
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Oct 2007
L10: Grand Master
> bubble2 12,672 Posts
3,276 Reputation
Pro
arribasn
02-09-2023 at 09:55 AM.
02-09-2023 at 09:55 AM.
Quote from techie_review :
How do you get your money out after the 11 months ?

Just make sure you set account not to renew at maturity and you can transfer out the same way you put in the money
Reply
Joined Oct 2017
L4: Apprentice
> bubble2 1,433 Posts
142 Reputation
techie_review
02-09-2023 at 09:58 AM.
02-09-2023 at 09:58 AM.
Quote from arribasn :
Just make sure you set account not to renew at maturity and you can transfer out the same way you put in the money
Thank you for the reply appreciate it, can you explain how this works ....

So lets say i put 5K in this CD ... what will be my total after 11months ?

Is this correct ?
1
1
Reply
Last edited by techie_review February 9, 2023 at 10:03 AM.
Joined Jul 2005
L6: Expert
> bubble2 1,617 Posts
989 Reputation
Tokar
02-09-2023 at 10:12 AM.
02-09-2023 at 10:12 AM.
5% CD? This is chump change. Come to Colombia, they have 15% CD for 1 year. 1 month is 11%, 6 months is 14%.
5
Reply
Joined Mar 2013
L8: Grand Teacher
> bubble2 3,247 Posts
705 Reputation
Bulletproof23
02-09-2023 at 10:25 AM.
02-09-2023 at 10:25 AM.
Quote from Tokar :
5% CD? This is chump change. Come to Colombia, they have 15% CD for 1 year. 1 month is 11%, 6 months is 14%.

Ok and also get shot or get mugged by hookers on your way to bank in Colombia. 😂 true slickdeal.
2
Reply
Joined Oct 2007
L10: Grand Master
> bubble2 12,672 Posts
3,276 Reputation
Pro
arribasn
02-09-2023 at 10:40 AM.
02-09-2023 at 10:40 AM.
Quote from techie_review :
Thank you for the reply appreciate it, can you explain how this works ....

So lets say i put 5K in this CD ... what will be my total after 11months ?

Is this correct ?

That looks about right
Reply
Joined Mar 2011
L3: Novice
> bubble2 195 Posts
22 Reputation
josep1208
02-09-2023 at 11:03 AM.
02-09-2023 at 11:03 AM.
Quote from Tokar :
5% CD? This is chump change. Come to Colombia, they have 15% CD for 1 year. 1 month is 11%, 6 months is 14%.

Can I open an account from here in the states?
Reply
Joined Oct 2013
L3: Novice
> bubble2 115 Posts
106 Reputation
Ajrnbrbwidin1937281
02-09-2023 at 11:08 AM.
02-09-2023 at 11:08 AM.
Quote from techie_review :
Thank you for the reply appreciate it, can you explain how this works ....

So lets say i put 5K in this CD ... what will be my total after 11months ?

Is this correct ?

It's about 4.5% for 11 months, but my capital one app shows 3.2%, called them, they said system issue and asked me to call back 1month later
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Oct 2021
L5: Journeyman
> bubble2 526 Posts
114 Reputation
CrimsonRose733
02-09-2023 at 11:16 AM.
02-09-2023 at 11:16 AM.
Quote from Tokar :
5% CD? This is chump change. Come to Colombia, they have 15% CD for 1 year. 1 month is 11%, 6 months is 14%.
Returns are always based on risk. If they are having to pay 15%, it means people aren't sure they will get their money back. Similar to "junk" bonds in the US.
Quote from techie_review :
Thank you for the reply appreciate it, can you explain how this works ....

So lets say i put 5K in this CD ... what will be my total after 11months ?

Is this correct ?
Interest is based on a year, and since it is 11 months, you will get 11/12 of the 5%. 11/12 x .05 = .0458. So you will get your $5000 back plus $5000 x .0458 = 229. So you make a total of $229 profit.
Reply
Page 30 of 52
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.