Did this coupon
work for you?
work for you?
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)
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.
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
No minimum balance required.
Expires 3/15/23
https://www.capitalone.
Full CD Disclosure
https://www.capitalone.
Expires 3/15/23
https://www.capitalone.
Full CD Disclosure
https://www.capitalone.
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Check Out Similar Financial Tools & Services Deals
View AllFrontpage
$20 Off $75+
(Valid From July 8-11 Only)
49
14
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
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
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]
Sign up for a Slickdeals account to remove this ad.
You'll get the same yield at auction. I don't know how secondary market treasuries work at TreasuryDirect. I saw something in one of their FAQs that you cannot sell/transfer treasuries for 45 days after buying, which indicates that there's at least some friction there.
2.) Any potential issues if buying from TreasuryDirect?
I don't know why anyone would want to use TreasuryDirect for T-bills. If you've already got a brokerage account, it's way easier to use that. I find TreasuryDirect pretty difficult to use compared to Fidelity, but I've never even tried to do secondary market T-bills on it.
3.) It should automatically handle the auction process for you. You'll see the T-bills added to your account in a day or so after the auction.
As an aside, you might find it easier to buy a T-bill ETF like XHLF. This particular ETF has very low fees and essentially behaves like a 6-month T-bill. Note that there's a little bit of a sawtooth pattern on its chart owing to the timing of dividend payments, but the ETF has varied in price between $50 and $50.20 (0.4%) over the past two years, which has otherwise been a very volatile time in treasuries. The ETF will allow you to capture a better return than 4-week or 8-week T-bills while providing the liquidity that you want.
Bid: 45.25
Mid: 49.06
Ask: 52.86
Bid: 45.25
Mid: 49.06
Ask: 52.86
SGOV will give you 0-3 month treasury exposure, but without the liquidity problems. It'll pay less than XHLF, but at least you can buy it.
Bid: 45.25
Mid: 49.06
Ask: 52.86
for today while market is open, i see:
Bid x Size $50.06 x 100
Ask x Size $50.07 x 100
52 Week Range: 49.99 (11/02/2022) to 50.35 (10/20/2022)
edit:
Average Volume (10 days): 106,456
you might be right about liquidity
but buying $10k worth of this tbill fund is only ~200 shares
for today while market is open, i see:
Bid x Size $50.06 x 100
Ask x Size $50.07 x 100
52 Week Range: 49.99 (11/02/2022) to 50.35 (10/20/2022)
edit:
Average Volume (10 days): 106,456
you might be right about liquidity
but buying $10k worth of this tbill fund is only ~200 shares
Sign up for a Slickdeals account to remove this ad.
SGOV will give you 0-3 month treasury exposure, but without the liquidity problems. It'll pay less than XHLF, but at least you can buy it.
I tell my wife about my account and I am definitely gone tomorrow 😂
I already have a Fidelity account and just went through the exercise of buying a T-Bills on Fidelity to see if it's any easier than TreasuryDirect. I didn't see a 4-, 8, or 13-week T-Bills. I clicked on one with a maturity date of 6/27/2023 to try out. I guess this is a 3-month T-Bill. I clicked on Preview Order and it says "Your order can't be placed at this time. Fidelity does not accept orders for secondary offerings outside of normal trading hours....". It seems so much more work through Fidelity.
I just read a couple of posts about the 4- and 8-week T-Bills not available until Tuesday or Thursday on Fidelity.
My questions:
1) Do I get a better yield if buying T-Bills through Fidelity?
2) Any potential issues if buying from TreasuryDirect?
3) I placed the T-Bills orders from TreasuryDirect last night (Saturday night). The auction date for the 13-week T-Bill is tomorrow (3/6/2023). Do I actually need to do anything on the auction date?
Very much appreciate your help!!
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
Sign up for a Slickdeals account to remove this ad.