Capital One 360 Financial savings Account Curiosity Charge: How It Compares

At NerdWallet, we attempt that can assist you make monetary choices with confidence. To do that, many or all the merchandise featured listed here are from our companions. Nevertheless, 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 proportion yields, or APYs, of on-line financial savings accounts at different banks are greater — effectively above 2.00% APY.

You probably have extra money to deposit, Capital One 360 additionally affords a cash market account with an APY that’s greater than its financial savings charge — 2.00% on balances of at the very least $10,00zero. New prospects who open a cash market account can even earn a bonus of as much as $500. Learn NerdWallet’s finest 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 charge for financial savings accounts is zero.10% APY.
Month-to-month charges$zero.
Minimal opening deposit$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.

» Try high-interest charge choices with NerdWallet’s finest high-yield on-line financial savings accounts.

How Capital One 360 compares to on-line banks

Capital One 360 affords on-line accounts with the low charges and above common charges which are typically discovered at on-line banks. There aren’t any month-to-month charges or minimal steadiness necessities, however whereas Capital One 360 is aggressive, greater charges may 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 prime on-line establishments:

 

» Searching for different methods to avoid wasting? Examine Capital One 360’s CD charges.

Learn how 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 finest financial savings charges.

Rate this post

Related posts

Leave a Comment