At NerdWallet, we attempt that can assist you make monetary selections with confidence. To do that, many or the entire merchandise featured listed below are from our companions. Nonetheless, this doesn’t affect our evaluations. Our opinions are our personal.
The Capital One 360 financial savings account rate of interest is 1.00% for all balances. That’s significantly better than the nationwide common of zero.10%. However the annual share yields, or APYs, of on-line financial savings accounts at different banks are increased — properly above 2.00% APY.
When you’ve got more cash to deposit, Capital One 360 additionally presents a cash market account with an APY that’s increased than its financial savings price — 2.00% on balances of at the least $10,00zero. New prospects who open a cash market account also can earn a bonus of as much as $500. Learn NerdWallet’s greatest financial institution bonuses web page to learn the way to qualify.
Capital One 360 financial savings rate of interest, charges
Rate of interest on balances1.00%.
The way it comparesThe common nationwide price for financial savings accounts is zero.10% APY.
Minimal opening deposit$zero.
Curiosity on balances for premium financial savings accounts2.00% APY on the Capital One 360 cash market account for balances of $10,00zero or extra. For smaller balances, the APY is zero.85% APY.
» Take a look at high-interest price choices with NerdWallet’s greatest high-yield on-line financial savings accounts.
How Capital One 360 compares to on-line banks
Capital One 360 presents on-line accounts with the low charges and above common charges which might be typically discovered at on-line banks. There are not any month-to-month charges or minimal steadiness necessities, however whereas Capital One 360 is aggressive, increased charges could be discovered elsewhere. (For extra on this financial institution, take a look at NerdWallet’s full Capital One 360 overview.)
Right here’s a comparability of Capital One 360 financial savings charges with accounts at different high on-line establishments:
» Searching for different methods to save lots of? Examine Capital One 360’s CD charges.
Learn the way a lot curiosity you would be incomes with the calculator beneath. The upper the speed, the sooner your cash can develop.
Financial savings calculator
» Discover this month’s highest APYs in NerdWallet’s greatest financial savings charges.