HomeCapital One Online Bank has high CD rates for 2 yr CD’s at 3.0% APY. The minimum for this certificate of deposit is $5,000. Capital One Direct Banking also has top jumbo CD rates for 2 year CDs at 3.1% APY. Jumbo CD rates require $100,000 to open a new CD account.
CapitalOne also offers best business money market account interest rates at 1.75% APY. Business owners can have easy access to their money (via checks and online electronic transfers) and they can also earn interest on the funds sitting in the business money market account. The minimum to open this bus money mkt account is only $1. One important note from the Capital One website:
Business Money Market Accounts have different rules for withdrawing funds than regular checking accounts. Youre allowed up to six transfers or withdrawals each statement cycle, three of which may be checks written to a third party.
So as long as you’re ok with those terms then why not make some extra money?