I didn’t realize until recently that my bank charges fees when we go under a certain balance in my checking account. I don’t know about you but I don’t want to give away my hard earned money. Then I found out about the Capital One 360 Checking (formerly ING Electric Orange checking account and the Capital One 360 Savings Account (formerly ING High Yield Orange Savings account).
With the Capital One 360 Checking account not only are there no overdraft fees, no ATM fees, no minimum balance, and no monthly fees, but it also will earn you 0.20% APY on your money. How awesome is that? It might not be a high rate but earning something on your money is better than nothing.
PLUS when you sign up for an Capital One 360 checking account, Capital One will deposit $50 in your account on 50 days as long as you make a total of 3 Card purchases that you sign for or Person2Person Payments (or any combo of the two) within 45 days of account opening.
THAT’s $50 for FREE!!!! To me that is a no brainer!
UPDATE- Here is a screenshot of my FREE $50 being deposited in my ING Direct Account (I joined when it was still ING Direct but it’s the same program just a new name):
Notice I opened the account with $20 but I could have opened it with less. I made 3 small purchases once I received my debit card and within 45 days of opening my account they deposited $50. FREE MONEY!!! Open your account NOW and get some extra tax or bill money!!!
I also love that the ING High Yield Orange Savings account gives a whopping 0.80% APY and you don’t have to change banks — the Capital One 360 Savings Account is linked to your existing checking account. But why wouldn’t you want to change banks for your checking to get the $50 FREE?
How much money are you giving away to your bank each month? Take a look and then open an Capital One 360 Checking account and earn your $50 now!
Have kids? You can start teaching them smart savings now with an Capital One 360 Kids Savings Account.
You monitor all deposits and withdrawals, but the kids are in charge.
Earn interest with a 0.80% APY