Capital One Direct Banking - Non-jumbo CD

Average Score:

•   meh

  I'm pretty sure this is only available so lazy folks with Capital One Direct savings or checking accounts can open a CD without putting any effort in. And when you don't put effort in... you get CDs like this one.

  My favorite part of this CD is that when you go to their site they advertise a 1.50% rate - for a seven year CD! There are one year CDs better than that! How depressing must your outlook be on the future of the American economy if you think you won't be able to beat a 1.50% APY five years from now.

  Posted by prostheticforehead -- Sept. 28, 2009