Well almost, but 1and1.com is offering .com domains for 99 cent for the first year if you register Now.
Not only that but you can also get hosting for the first 6 months for free.
I contacted their sales team to check if there is any catch on the domain registration offer and they said that there is no set up fee either for domain registration.
Below is a screen shot of their registration page with offer
So what are waiting for click here