Available nationwide, Capital Bank is offering a 1.61% APY for the first year when you open a Money Market account with a minimum opening deposit of $50,000. To earn the rate, simply fund the account with balances of at least $50,000. If you meet the simple requirements, you’ll gain access to this competitive rate and you’ll be able to bank freely knowing that it’s fully insured by the FDIC. Take advantage of this offer today!
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Capital Bank Money Market Account:
- Sign up Offer
- Account Type: Money Market
- Availability: FL, NC, SC & VA
- Minimum Balance: $50,000
- Maximum Balance: None listed
- Expiration Date: None
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Opening Deposit: $50,000
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: None
- Monthly Fee: There are no monthly fees.
- Additional Requirements: See below for details
- Early Termination Fee: None
- Insured: FDIC
How to Earn Capital Bank Rates:
- Open a Money Market account from Capital Bank with an opening deposit of $50,000.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
- This 1.61% APY is only guaranteed for the first year, after that it will revert to the standard APY Rates stated below.
Balance Requirement | APY Rate |
$0 – $9,999 | 0.05% APY |
$10,000 – $49,999 | 0.10% APY |
$50,000 – $99,999 | 0.15% APY |
$100,000 – $249,999 | 0.20% APY |
$250,000 – $499,999 | 0.25% APY |
$500,000 + | 0.30% APY |
Why You Should Sign Up:
- Only $50,000 minimum to open
- 24/7 access to your account online
- Deposits fully insured through FDIC
- Guaranteed for the first year
Bottom Line:
Consider signing up for the Capital Bank Money Market account today so you can earn at a rate of 1.61% APY for the first year. As long as you maintain a balance of $50,000 or more, you can earn interest at this competitive rate. The minimum requirement used to be $50,000, so take sign up for this deal while the minimum is still low! Take advantage of the banking services they have to offer along with these savings. It takes just minutes online, so open an account today! Let us know about your experience with this bank and comment below. For more bank offers, see the complete list of Best Bank Rates!
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