At NerdWallet, we try that can assist you make monetary choices with confidence. To do that, many or all the merchandise featured listed here 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 proportion yields, or APYs, of on-line financial savings accounts at different banks are greater — nicely above 2.00% APY.
In case you have more cash to deposit, Capital One 360 additionally provides a cash market account with an APY that’s greater than its financial savings price — 2.00% on balances of not less than $10,00zero. New prospects who open a cash market account may also earn a bonus of as much as $500. Learn NerdWallet’s greatest financial institution bonuses web page to learn how to qualify.
Capital One 360 financial savings rate of interest, charges
Rate of interest on balances1.00%.
The way it comparesThe common nationwide price for financial savings accounts is zero.10% APY.
Minimal opening deposit$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 provides 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 stability necessities, however whereas Capital One 360 is aggressive, greater charges might be discovered elsewhere. (For extra on this financial institution, try NerdWallet’s full Capital One 360 evaluate.)
Right here’s a comparability of Capital One 360 financial savings charges with accounts at different prime on-line establishments:
» In search of different methods to avoid wasting? Examine Capital One 360’s CD charges.
Learn how a lot curiosity you can be incomes with the calculator beneath. The upper the speed, the quicker your cash can develop.
Financial savings calculator
» Discover this month’s highest APYs in NerdWallet’s greatest financial savings charges.