SmartCents Checking Account with Capital One
September 23rd, 2009 Posted in Bank Deals!, Checking Accounts
Every national bank seems to have their own checking account promotional offer these days. Capital One’s is slightly different than the $100 promotional offers being made through Chase Bank and Sovereign Bank (among others). It actually seems to be more of a distant relative of the “keep the change” offer through Bank of America.
Capital One’s “Smart Cents” Checking Account Deal:
- every time you make a debit card purchase or pay a bill online, $0.50 is transferred from your checking account to your savings account
- SmartCents transfers are free and the checking is free with no minimum balance required
- for the first three months they match your eligible smart cents transfers. For example, you save $100 in eligible SmartCents transfers and they will give you $100 to match it
- After 3 months they continue to match your eligible SmartCents transfers at a rate of 5%
- Additional bonuses are available as well. They will give you a $15 bonus for your first direct deposit and another $15 bonus for your first online bill pay
There is a maximum of $300 in contributions and bonuses from Capital One bank per year.
Visit this promo page for further details.
