The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

Capital One Bank and Hey Cupcake! Offer Austin Residents Five Times More This Mother's Day with Cupcakes and the Launch of High Interest Free Checking

Thursday, May 05, 2011

Capital One Bank and Hey Cupcake! Offer Austin Residents Five Times More This Mother's Day with Cupcakes and the Launch of High Interest Free Checking09:00 EDT Thursday, May 05, 2011Free Checking Account Earns Five Times the National AverageMCLEAN, Va., May 5, 2011 /PRNewswire/ -- Recognizing that customers appreciate both a high return and convenient banking experience, Capital One Bank (www.capitalonebank.com) is celebrating the launch of its High Interest Free Checking account with a buy-one-get-five offer at select Hey Cupcake! locations. Austin residents can take interest in Mom this Mother's Day and share five times the treats, plus earn five times more interest than the national average with High Interest Free Checking at Capital One Bank."Consumers are looking to get the most out of their hard-earned dollars. At Capital One Bank, we strive to offer a high earn rate, along with the convenience of opening an account online or at a branch," said Laura Mathieu, Capital One Bank Austin Market President. "What better way to bring this value to life for the Austin community than with five times the cupcakes from a local favorite."Area residents can show Mom extra love by purchasing one and receiving four free cupcakes at the following Hey Cupcake! truck locations from 11:30 a.m. to 1:30 p.m., May 5-7:May 5 and May 6, Capital One Bank Tech Ridge branch (221 East Parmer Lane) and downtown at the intersection of West 3rd Street and Lavaca StreetMay 7, The Domain (11410 Century Oaks Terrace) Hey Cupcake! will share updates* throughout the promotion via Twitter: @HeyCupcakeATX. The cupcake deal does not require having or opening a Capital One Bank account.With Capital One Bank's High Interest Free Checking (www.capitalonebank.com/highinterest), customers earn interest that is five times the national average on their checking account balance ? guaranteed for one year. Additional product benefits include free ATMs everywhere, no monthly service fee and no minimum monthly balance required. Features of High Interest Free Checking include:Free checking with no monthly service fee and no minimum balance requiredFree ATMS everywhere ? at Capital One Bank and other banks, worldwideATM fees assessed by other banks will be reimbursed up to $20 per monthOpen account online or visit a Capital One Bank branchMinimum opening deposit requirement of $500First order of checks are freeAvailable in Austin, Texas, for new consumer accounts onlyDeposits are insured up to full FDIC limits ($250,000)For more information about High Interest Free Checking, or any of the Capital One Bank products, visit www.capitalonebank.com. Rates are subject to change.* Cupcakes available May 5-7 from 11:30 a.m. to 1:30 p.m. daily, while supplies lastAbout 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 $125.4 billion in deposits and $199.3 billion in total assets outstanding as of March 31, 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. SOURCE Capital One BankFor further information: Amanda Landers, +1-703-720-2478, amanda.landers@capitalone.com