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

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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.

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