China's JD.com plans to offer drone with one tonne payload  
Chinese e-commerce retailer JD.com is developing a heavyweight drone to transport goods between rural China and major cities. Capable of carrying a one tonne payload, the drone will enable the retailer to reach customers outside urban areas. JD.com will deploy the drone in Shaanxi province within three years, the company said. Meanwhile, the retailer will introduce 80 additional delivery routes for its 30-strong fleet of smaller delivery drones. These drones currently operate on 20 fixed delivery routes and service 230 million people living in remote areas.
Pros Explained

Competitive interest rates: Performance Savings account consistently offers a high annual percentage yield (APY).

Performance Savings account consistently offers a high annual percentage yield (APY). Mobile banking options: The mobile app is one of the best in the banking world. On top of the typical mobile features, it also includes free credit score access and a card locking feature.

The mobile app is one of the best in the banking world. On top of the typical mobile features, it also includes free credit score access and a card locking feature. No monthly maintenance fees: There are no monthly maintenance fees for 360 Checking and Performance Savings accounts.

Cons Explained

Savings rates are never the highest: While Capital One 360 Performance Savings account has high rates, they are never the highest on the market.

While Capital One 360 Performance Savings account has high rates, they are never the highest on the market. Few local branches: Branches are few and far between.

Who Is Capital One Best for?

Capital One should appeal to consumers looking for a full-service, online bank. It may be a good fit for customers who want to:

Earn a competitive APY through an online savings account

Not pay monthly maintenance fees

Do the majority of their banking online

Access accounts and credit score from their phone

What Does Capital One Offer?

As a full-service online bank, Capital One offers:

Savings accounts

Checking accounts

CDs

Credit cards

Savings Accounts

360 Performance Savings

Performance Savings is Capital One 360's high-yield savings account. It yields a 4.00% APY, which is higher than what many online banks offer, but not the highest available. Interest is earned regardless of your balance.

Performance Savings accounts come with:

No minimum balance requirements

No monthly maintenance fees

Kids Savings Account

Parents who want to open a savings account for their children should check out Capital One's Kids Savings account. Perfect for kids of all ages, this account also has no monthly maintenance fees or minimum balance requirements. It yields a 0.30% APY.

As a custodial account, both parents and children can access a Kids Savings account, although transfers require logging in under the parent's account. Once a child turns 18, the account is automatically converted into a 360 Savings account.