Capital One is giving back to the public — and perhaps putting a little money in peoples’ pockets — with its new consumer advice site, EndangeredSavers.com. The site is meant to help consumers — not just Capital One members — learn how to save and how to make smart spending decisions.
The site includes quite a few different features, ranging from how-to-save articles to educational surveys to a $5,000 sweepstakes.
“Saving can sometimes seem a bit daunting, particularly in a challenging economy when, for many people, every dollar counts,” said personal finance expert and author Lynnette Khalfani-Cox, contributes to the Capital One site. “But, saving is an important part of money management and really isn’t as hard as many might think. The Endangered Savers Web site is a great starting point. The site is easy-to-use, helps people think about their spending and saving habits in an engaging way, and even encourages them to educate others.”
‘Endangered Savers’ Details
Here’s a breakdown of what you can find at Capital One’s new site:
Sweepstakes: You can win $5,000 from Capital One without making a purchase or signing up for an account. The site’s “Saver Sweeps” just requires creating a personal log-in and completing an online form. Even if you don’t take home $5,000, you could win second- and third-place prizes of $2,000 or $500.
Videos: The site is showing a series of videos called “Save Our Savers,” which focus on making saving money important to everyday Americans.
Sound Advice: The site’s articles section features tips and hints on how to save money and spend smarter. The advice comes from personal finance professionals such as Khalfani-Cox.
Stats: You might be surprised when you see the spending, saving and living trends of Americans put into simple numbers and graphics.
Quiz: Tell the website how you feel about a variety of money-related questions and scenarios, and you can find out if you are a “High Roller,” “Party Player,” or some other kind of saver.