WASHINGTON 鈥� McLean-based Capital One Financial is getting into the cafe business in D.C.聽
Capital One is opening its first two Washington Capital One Cafe locations 鈥� one in Georgetown and the other in Chinatown 鈥� next year, and they combine banking with places to hang out, get some work done, tap into free Wi-Fi, and grab a coffee or something to eat.
The concept is like a Starbucks that is also a bank, with baristas working alongside financial planners doling out free advice. The locations will also be open to the public, not just Capital One customers.
Capital One says empowering people to feel confident about their finances 鈥渂egins with redesigning the banking experience to make things simple and straightforward.鈥�
鈥淢ost of us prefer a digital experience, but many of us want that human connection too, (and) that is where Capital One Cafes coming in,鈥� the company added.
The cafes will be staffed by 鈥淐afe Ambassadors鈥� that can talk to people about their money habits and goals. And they offer free financial planning services such as money coaching and money workshops.
They also include free meeting rooms for entrepreneurs, students, retirees and nonprofits to use.
The Georgetown location will be at the former Nathan鈥檚 Restaurant location at 3150 M St. NW. Capital One recently bought the building for $50.2 million, a for a commercial real estate property in Washington.
The Chinatown location will be at 732-736 7th St. NW, across from Gallery Place at the corner of 7th and H streets in Northwest.
It is also just a block away from Capital One鈥檚 brand-new namesake, the former Verizon Center, .
Capital One has already opened close to two-dozen cafe locations, including in Seattle, Los Angeles, Boston and Philadelphia.
