Capital One Bank is a wholly owned subsidiary of Capital One Financial Corporation, which is a Fortune 500 company with operations in the US, UK, and Canada. A notable achievement for Capital One is the recognition of being in Fortune’s list of ‘America’s Most Admired Company’. This is headed by CEO Rich Fairbank, who made Capital One, one of the largest issuers of credit cards in the United States.

Capital One Bank is proud to have more than 50 million accounts world-wide, offering a variety of financial services, such as credit cards, installment loans, auto loans, home equity loans, small business loans, and savings products.

Highest security measures like insurance provided by Federal Deposit Insurance Corporation (FDIC) are ensured on deposits in Capital One Bank, at least $100,000 per depositor, which is the maximum amount that the law allows.

Being famous for credit cards, their most popular competitive rate cards and miles cards are a hit with customers, along with cash and point cards, small business cards, and prepaid cards. The Capital One Card Lab provides the provision for the customers to prepare a card based on their requirement. Low and variable rates are the plus point, and there are no annual fees for people with excellent credit and very minimum fee for new customers, making these cards accessible to almost everyone.

Capital One Bank’s auto loans are as simple as filling up an online application and getting a response within minutes. The customer can pay for the new car or van using a ‘blank check’. Surprised? Yes, this is a very innovative payment method that this bank has come up with. This blank check will be personalized with the name and address of the customer and the buyer needs to fill up the required amount, up to the maximum loan sanctioned. The loan will come into effect only when the blank check is used for a payment. Capital One Bank pays the amount within one day of issuing the check. It is as good as cash and gives the buyer an upper hand when purchasing a vehicle. Once the check has been used, the rate remains the same throughout the term of loan payment.

Capital One Bank brings the best FDIC insured savings accounts to it’s customers – accounts that earn the best interest rates without having to go to the bank, accessing the account over the phone or online. This means the customer is using ‘direct’ banking. Because it alleviates the need for a lot of things, the rates of interest are far greater than normal. They take pride in claiming that they offer the best money market rates and best CD rates.

The high yield money market account offers higher than average rate and can be accessed with the use of free checks, online transfers, and ATM card – and no fees and no minimum balances. Apart from providing the best money market rates, the bank has the Rewards Money Market Account. This is another savings account that offers higher rates of interest, but applies a restriction on the number of withdrawals per month.

Another benefit is procuring No Hassle Miles, which can be good for cash, merchandise, travel or anything else for that matter. Accessing this account is the same as the high yield money market account. These miles are earned as a reward for saving money, based on the balance every month. If the balance is $10000 in a particular month, a total of 250 miles are earned that month. Also, deposits of at least $500 in the first month earns 2500 bonus miles. This extra bonus earned apart from the actual interest, proves to be a great incentive for saving more money.

Capital One Bank’s home loans provide customizable loan options, whatever the need, either to get out of debt, upgrading of home, or securing the future. The home equity loans are fixed rate loans with fixed monthly payments for the life of the loan. They leverage the equity in the home.

The complete loan amount is given in a lump sum and the money can be used in any way the borrower wants. These are ideal for people wanting to consolidate other high interest loans as the interest is much lower than credit cards etc. They are also a tax-deductible expense. Other home loans include debt consolidation loans, refinancing loans and new home purchase, all of which come with competitive rates.

Then there are the healthcare financing loans, which can be availed for anything from dental to orthodontics to vision care to fertility procedures.

The bank’s personal loans require no collateral, and come with a fixed interest rate and fixed monthly installments and can be used for any purpose.

It’s not all personal with Capital One Bank, as they cater to small businesses too, including business credit cards , business lines of credit, and other business loans, with no collaterals and no financial statements.

With so many benefits packed into one, no wonder Capital One Bank stands number one with many recognition awards to its credit. The effort that Capital One Bank puts in to be able to provide these varied services to its customers is truly admirable.