Why is banking with Capital one right for you?

When you choose to use Capital One Banking services, you can earn more on your savings account without ever having to actually go to a bank. Your account is accessed either online or over the phone. That means Capital One can offer more competitive rates since it doesn’t have the expenses associated with a traditional bank.

Online banking operates 7 days a week and sends you alerts when any changes are made to your account. There are added online bill payment features and the option of using mobile banking to access your account with a cell phone or a PDA.  Capital One offers many different product lines including auto loans, credit cards, home loans, healthcare finance, direct banking, personal loans, commercial loans, and small business loans.

Not only is your banking done quickly and easily, you can also earn rewards for saving. Every month, you can earn 1 reward mile for every $20 you have in your account. Plus, if you deposit at least $500 during the first month, you get 2,500 bonus miles. Those miles can be redeemed for cash, travel, or merchandise. Unlike other rewards, they never expire as long as you have an account, and there are no blackout dates.

If you need customer service, you can speak to someone on the phone six days a week,  or log into the Online Banking website and send a secure message.  Capital One offers a wide variety of products and services to consumers, small businesses and commercial clients and is a leader in financial services. The Capital One banking group also operates in the United Kingdom and Canada.  They are a leader in small business lending and one of the largest providers of MasterCard and Visa credit cards in the world.

There are a few different ways to make your first deposit to your account. You can create an online link to a bank account you have elsewhere.  After test deposits are made to the linked account to confirm it, the amount you’ve specified will be transferred to your Capital One account. You can also mail a check to Capital One or wire funds from your current bank account.

When making future deposits, you can use any of the above methods. Transfers usually take three to five business days to process. If you prefer mailing a check, postage paid deposit envelopes are provided every month. There is also an option to set up direct deposit from your employer.  All or a portion of your paycheck can be automatically deposited to your Capital One account so you can earn higher returns.

When you want to withdraw your money, you can transfer it to an offline bank accounts, write a check to yourself or anyone else, or withdraw money with your ATM card . Using Capital One banking gives you the flexibility to manage your money on your terms.