The High Yield Savings account at Capital One

The plain vanilla high yield savings account is no longer active; it has been replaced by an even better option, the High Yield Money Market Account. Here, the investor is allowed free checks and a debit card in order to easily access his cash. Just like the other money market accounts, here too, there are certain specific limitations on withdrawals during every statement cycle. This makes it important for the investor to plan beforehand, so that he can effectively manage his portfolio and his investments remain well-planned. The details of the services can be obtained from the website of the bank and the APY is the main promising feature in here.

There are no service charges or minimum balance requirements with Capital One. An account can be started with just $1 and it can be linked to your existing high yield account too. No fees are charged against the request for transfers and it can be readily done after you log in. this free, flexible and unlimited account linking is a very vital and attractive feature of Capital One. The investor can network with a variety of different accounts and effectively transfer the money without resorting to mail. The investor is further presented with a money market account and a debit card. In order to enjoy ready access to the money, at least $100 as balance is needed.

Written by srini on September 24th, 2009 with no comments.
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