SuperMoney
  Capital Bank Now Account

Capital Bank Now Account

in Checking Accounts from Capital Bank · fdic

Unaffiliated

Capital Bank Now Account

Unaffiliated

in Checking Accounts from Capital Bank · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Capital Bank Now Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee Up to $10
ATM Fee: Out-of-Network N/A
Minimum Balance to Avoid Monthly Fee Starting at $1
APY (Annual Percentage Yield) 0% - 0.02%

Capital Bank Now Account Review

Capital Bank Now Account is offered by Capital Bank, a bank founded in 1995 and based in Albany, NY. Capital Bank Now Account is available in 2 states across the USA.

Key Takeaways
  • Low APY. The maximum annual percentage yield for this account is only 0.02%.
  • Charges a monthly fee. This account charges a monthly service fee of up to $10, but the fee is waived if you keep a minimum balance of $1.
  • Small minimum initial deposit. You only need $1 to open an account.
  • Bill pay. Pay your bills to practically anyone in the United States through Capital Bank.
Capital Bank Now Account Pros & Cons
Pros Cons
  • Interest-yielding account.
  • Access to physical branches.
  • Free debit card
  • No signup bonus.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Only available in 2 states.
  • Higher than average wire transfer fees.
  • Monthly service charge.
Capital Bank Now Account FAQ

Are checking accounts from Capital Bank federally insured?

Yes, your Capital Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #597). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Capital Bank Now Account offer?

Capital Bank Now Account offers an APY starting at 0% and ranging up to 0.02% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep an average beginning day balance of at least $1,000.

Capital Bank Now Account Rates and Terms
Rates Amount
APY (Annual Percentage Yield) 0% - 0.02%

What are the account minimums for Capital Bank Now Account?

Capital Bank Now Account requires a minimum initial deposit of $1 to open an account.

Capital Bank Now Account Minimums
Description
APY Minimum Balance $1
Minimum Opening Deposit Starting at $1
Minimum Balance to Avoid Monthly Fee Starting at $1

What fees does Capital Bank Now Account charge?

This account charges a monthly service fee of up to $10.

Capital Bank Now Account Fees
Description
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40

Does Capital Bank Now Account charge overdraft fees?

What features and perks does Capital Bank Now Account offer?

This account includes the following features:

  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Capital Bank Now Account allows you to manage your money online or with a mobile app.

What is the customer support email for Capital Bank Now Account?

The customer support email for Capital Bank Now Account is contactgroup@chemungcanal.com.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Capital Bank Now Account

Individuals, municipalities, and all organizations, associations and corporations that are organized as not-for-profit and can invest at least $1,000 are eligible for a NOW account, which offers interest-bearing opportunities depending on the account balance. 

Availability

  Available in 2 states
  • New York
  • Pennsylvania

Feature Breakdown

APY Minimum Balance $1
Minimum Opening Deposit Starting at $1
Minimum Balance to Avoid Monthly Fee Starting at $1
Monthly Fee Up to $10
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
Account Features
  • Member FDIC
  • Branch Access
  • Debit Card
  • Free Bill Pay
  • Mobile Banking
  • Interest Bearing Account
APY (Annual Percentage Yield) 0% - 0.02%

Be the first to rate

 

Would you recommend Capital Bank Now Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Checking Accounts

Capital Bank Checking Accounts

Loading...