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re: Capital One 360 Performance Savings - UPDATE: 4.35% APY as of 12/11/23
Posted on 6/5/23 at 5:18 am to TigerTatorTots
Posted on 6/5/23 at 5:18 am to TigerTatorTots
COVERAGE LIMITS
The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for coverage over $250,000 if they have funds in different ownership categories and all FDIC requirements are met.
All deposits that an accountholder has in the same ownership category at the same bank are added together and insured up to the standard insurance amount.
The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for coverage over $250,000 if they have funds in different ownership categories and all FDIC requirements are met.
All deposits that an accountholder has in the same ownership category at the same bank are added together and insured up to the standard insurance amount.
1
Posted on 6/5/23 at 7:46 am to BThibodeaux
Is the limit 500k for joint accounts?
So if you had joint savings and checking accounts, you could be covered up 1M?
So if you had joint savings and checking accounts, you could be covered up 1M?
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