If transferring funds via ATM terminal, you can only use a Capital One ATM and only between linked Total Control Checking and Confidence Savings accounts. Transaction limitations: You may make an unlimited number of transfers and withdrawals via ATM or teller. If you present us with a foreign check, we will not charge a fee, but the paying bank may deduct a fee from the proceeds.Virgin Islands, and Puerto Rico) a $2 fee in addition to a 3% conversion fee, based on the total transaction amount, will be assessed. When withdrawing money from an international ATM (Outside of the United States, U.S.When withdrawing money from a Non-Capital One ATM a $2 fee will be assessed per transaction.There is a fee of $30 for each outgoing domestic wire transfer that we process for you at your request.A Cashier's check purchased at a Capital One location is $10.00.(Here's an example - if you make a non-cash deposit on a Sunday, we will process it on Monday, and interest will begin to accrue no later than Tuesday.)įees: The following fees may be charged to your account: For cash deposits, interest will begin to accrue the same day on which the funds were deposited. Please see for additional information.Compounding and crediting: Interest on your account will be compounded and credited on a monthly basis.Įffect of closing an account: You will receive the accrued interest if you close your account before interest is credited.Įarning interest on deposits: For all types of non-cash deposits, interest will begin to accrue no later than the next business day following the banking day on which the funds were deposited. All business accounts owned by a corporation, partnership, or unincorporated association at the same bank are insured up to $250,000 per business, separately from the personal accounts of the owners or members. A sole proprietor’s business and personal accounts at the same bank are all insured together up to $250,000. Promotional interest rates not applicable to converted accounts. Capital One reserves the right to limit the number of promotional Business Advantage Savings accounts per business taxpayer ID number, including for customers that have previously had a promotional rate, in which case additional accounts will earn the standard rate. Interest is calculated using the actual number of days in the monthly cycle divided by the actual number of days in the year. Interest earned is compounded monthly and will be credited on the last day of each cycle. Standard rate is variable and subject to change at any time without notice (current standard rate is 0.1%). Upon expiration, an interest rate no lower than the standard interest rate in effect as of that date will apply to the entire balance. Promotional rate will expire 183 days after account opening. Advertised promotional rate is current as of Octoand is subject to change at any time. A lower rate will apply to any portion of balances above $5 million, which will be the currently effective non-promotional rate for this product. For example, a balance of $25,000 would receive 1.0% interest on the first $10,000, and 4.1% interest on the remaining balance of $15,000. The promotional rate of 4.1% applies to the portion of account balance between $10,000 and up to $5 million. The promotional rate of 1.0% applies to the first $10,000 of an account balance. The promotional rate is available to new accounts only and varies depending on account balances as described in the rate table.
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