Capital One interest rate 0.8% anyone ?

Dominion Energy Reliability Investment. (DERI) Still paying 2% with free checks. Some conditions, but pretty easy for a “not everyday” checking/MM type account. .
 
Today I held my nose and bought a 3 year CD from Ally at a whopping .95%. Just filling in the rungs of a 5 year ladder after thinking I knew which way interest rates were going. Still plodding along.
 
Dominion Energy Reliability Investment. (DERI) Still paying 2% with free checks. Some conditions, but pretty easy for a “not everyday” checking/MM type account. .



Thanks for posting this. I took a peek and see it’s 1.75/1.85/2.00 for tiers of 1k/10k/50k. Interesting to see these rates have not changed since at least April. Now I’m comparing this to holding the common stock which is yielding 4.7%. I would likely do both.
 
My checking account at Capital One pays 0.8% api
I wonder why is it so high.
Anyone has a clue ?

Hummm...I agree checking accounts are normally NO interest being paid (unless you are in a program that you actually have an annual fee)....But WHO calls .008 high? To me, unless you have a LOT of money in your checking account, that is pretty close to 0.
:greetings10:
 
Dominion Energy Reliability Investment. (DERI) Still paying 2% with free checks. Some conditions, but pretty easy for a “not everyday” checking/MM type account. .

Not a bank. Not FDIC insured.

Many years ago I looked at a similar account from GM. Wonder how those turned out. :cool:
 
I have a checking acct paying 4% but only on the first 10k, anything over that is near 0%. It gives me a free 30 something bucks a month.
 

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