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Press release from Business Wire

Capital One Bank Launches High Yield Checking Account in New York With “High Five” Sweepstakes for Five Times the Tickets

<p class='bwalignc'> <i>New Checking Account Earns Five Times the National Average Interest on Checking</i> </p>

Thursday, October 06, 2011

Capital One Bank Launches High Yield Checking Account in New York With “High Five” Sweepstakes for Five Times the Tickets11:42 EDT Thursday, October 06, 2011 MCLEAN, Va. (Business Wire) -- Capital One Bank (www.capitalonebank.com) is promoting its new High Yield Checking account by highlighting the excitement of competitive sports with a pre-game “High Five” sweepstakes at this weekend's New York Islanders game, in addition to an online sweepstakes recognizing metro-area New York teams. Both sweepstakes give fans the chance to enter and win “five times the tickets” (five tickets) in recognition of Capital One Bank's new High Yield Checking account, which earns at least five times the national average interest on checking. New York Islanders fans who come to the Nassau Coliseum on October 8 before the game can give their creative “High Fives” in front of a panel of judges and enter for their chance to win five times the tickets to an upcoming Islanders game. The High Five event begins at 6 p.m. at the Capital One Bank Visigoth Ice Village, just outside the box office entrance of the Nassau Coliseum. Additionally, metro-area sports fans can enter the “High Five for 5X the Interest” Online Photo Sweepstakes. Beginning October 8 at 6 p.m., fans can log on to http://highfivefor5X.snapfish.com and upload their favorite “High Five” photo to be entered into a drawing to win five tickets to an upcoming game of their favorite metro-area professional or college sports team. 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. 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. 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 No foreign current exchange fees on debit card transactions 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 Open account online or visit a Capital One Bank branch 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. 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. Capital One Financial CorporationAmanda Landers, 703.720.2478amanda.landers@capitalone.com