SOURCE: Capital One

Capital One

October 27, 2011 16:37 ET

Capital One Bank Promotes High Yield Checking Account With "High Five" Online Sweepstakes for Sports Fans

Through November 7, DC Area Residents Can Enter to Win Five Tickets to See Their Favorite Local Professional or College Sports Team in Action

MCLEAN, VA--(Marketwire - Oct 27, 2011) - Capital One Bank is celebrating the launch of its new High Yield Checking account by highlighting the excitement of competitive sports with a "High Five" online sweepstakes. Sports fans in Washington, DC, Virginia and Maryland have a chance to enter and win "five times the tickets" (five tickets) to an upcoming game of their favorite metro-area professional or college sports team in recognition of the new High Yield Checking account, which earns at least five times the national average interest on checking.

Sports enthusiasts can enter the "High Five for 5X the Interest" online photo sweepstakes by logging on to http://highfivefor5x.snapfish.com and uploading their favorite "High Five" photo. Entries will be accepted through November 7, 2011, at which point all eligible photos will be entered into a random drawing. Follow @SnapfishbyHP on Twitter for updates about the online photo sweepstakes and join the conversation using #highfivefor5x. For more details, see official rules at http://highfivefor5X.com.

During a pre-game "High Five" event at last weekend's Washington Capitals game, Capital One Bank gave Capitals fans at The Greene Turtle Sports Bar & Grille an opportunity to demonstrate their creative "High Fives" in front of a panel of judges and enter a live ticket giveaway. The winner, selected at random, will receive five times the tickets to an upcoming Washington Capitals game.

With Capital One Bank's High Yield Checking, customers can earn interest on their checking account balance that is at least five times the national average -- guaranteed for twelve months. Additional product benefits include free ATMs and no monthly service fee.

For more information about High Yield Checking, or any of the Capital One Bank products, visit www.capitalonebank.com/5X or a local Capital One Bank branch. Rates are subject to change.

Features of High Yield Checking include:

  • Interest rate is guaranteed to be at least five times the national average for the first twelve months on balances up to $100,000. After one year, the standard annual percentage yield (APY) in effect applies to the entire balance.
  • Free ATMS everywhere -- no charges by Capital One Bank for use of any ATM
  • ATM fees assessed by other banks will be reimbursed up to $15 per month
  • Free checking -- no monthly service fee and free checks
  • Available for new checking customer accounts only; limit one account per customer
  • Minimum average monthly balance of $5,000 in combined Capital One Bank deposit accounts
  • Deposits insured up to full FDIC limits ($250,000)
  • Offer available for a limited time

About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A. and Capital One Bank (USA), N. A., had $126.1 billion in deposits and $199.8 billion in total assets outstanding as of June 30, 2011. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One, N.A. has approximately 1,000 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.

Capital One Bank offers great rates on a variety of savings accounts, checking accounts, money market accounts and certificates of deposit. Customers enjoy convenient and secure access to their accounts and our service representatives via online, phone or by visiting a bank branch.

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