2024 Overview
General Online Bank Information
Money that you deposit is held by Capital One, National Association. Capital One, National Association is an FDIC insured institution founded in 1933. It has approximately $475.63 billion in assets.| Deposits FDIC Insured | Yes |
| Insured Bank | Capital One, National Association |
| FDIC Certificate # | 4297 |
| Date Established | 1933 |
| Assets | $475.63 billion |
| Loans | $306.03 billion |
| Deposits | $374.16 billion |
| Capital | $53.19 billion |
For a more detailed analysis of Capital One, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - April 25, 2024
Online Savings and Money Market
Rates
| Online Savings and Money Market Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| 360 Performance Savings
|
4.25% | $0 | - |
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|
Online CD Rates
| Online CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Month CD
|
4.30% | $0 | - |
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|
| 12 Month CD
|
4.90% | $0 | - |
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|
| 18 Month CD
|
4.80% | $0 | - |
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|
| 24 Month CD
|
4.50% | $0 | - |
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|
| 3 Year CD
|
4.10% | $0 | - |
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|
| 4 Year CD
|
4.05% | $0 | - |
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|
| 5 Year CD
|
4.05% | $0 | - |
Learn More
|
Bank Offers
Capital One 360 Savings Rate Drops to 0.80% APY
Aug 5, 2020
Capital One has cut its online savings rate from 1.00% to 0.80% APY.
Capital One 360 Savings Rate Drops to 0.50% APY
Oct 1, 2020
Capital One has dropped their savings rate to 0.50% APY from 0.65% APY. This is a dramatic fall for a product that was offered at 1.50% APY at the beginning of the summer.
Capital One Lowers Its 360 Performance Savings Rate to 4.25% APY`
Apr 11, 2024
The bank cut its benchmark online savings rates by 10 basis points, marking its second rate decline in two months. They are hoping customers won't mind the declines even though the Fed funds rate is steady
Climate Policy and Initiatives
Parent Bank Initiatives:
Capital One has outlined its environmental sustainability plan here. It is unclear to what extent Capital One has extended credit to the carbon and fossil fuels industry and whether the bank has any plans to fund renewable energy projects.
Updated March 1, 2024
Customer Reviews for Capital One 360 (27)
NS123
March 15, 2023
Thank you for the reviews above. I was wondering why I was only getting 0.3% when interest rates have gone up. Why CapitalOne360 is putting loyal and long time customers at a disadvantage is beyond me. I'm moving my money out immediately.
Is this review helpful? Yes:3 / No: 0
Martys
March 8, 2023 |
I am also an existing customer and ran into the same issue. I'm getting 0.3% interest on savings whereas new customers can get 3%. The 3% if for a new product called Performance Savings, which the customer service rep told me is the same as the old 360 savings, just with higher interest. Existing customers can transfer money from your old 360 Savings to Performance Savings and close the old account(s), which I'm happy about, but Capital One did not notify old customers about this, which is why I'm docking them one and a half stars. I figure I lost out on about $125 in interest by not signing up when they started offering Performance Savings, which I think was in October.
Here is more information: https://www.businessinsider.com/personal-finance/switched-to-high-yield-savings-glad-i-did-2020-5
Is this review helpful? Yes:3 / No: 0
Christopher C.
February 24, 2023 |
So, after nearly 20 years with Capital One (going back to ING Direct), I'm now moving everything away from them. I first went with them due to their high-interest savings accounts, but my savings account is currently at 0.3% and stuck there because Capital One is apparently screwing over their long-term customers and their "legacy" accounts. Looking at the reviews, I'm not the only one running into this.
Last straw for me, I'll never use Capital One again.
Is this review helpful? Yes:9 / No: 1
Christopher C.
February 24, 2023 | | Replies 1
So, after nearly 20 years with Capital One (going back to ING Direct), I'm now moving everything away from them. I first went with them due to their high-interest savings accounts, but my savings account is currently at 0.3% and stuck there because Capital One is apparently screwing over their long-term customers and their "legacy" accounts. Looking at the reviews, I'm not the only one running into this.
Last straw for me, I'll never use Capital One again.
Is this review helpful? Yes:4 / No: 0
Christopher C. | Apr 25, 2024
Ok, this site screwed up the rating. I had it listed as 1 star, and I would have listed as lower if possible. Highly recommend AGAINST using Capital One.
pathetic
February 18, 2023 |
Tried to open up a cd...what a waste of time. Set it all up, and then 2 days later the account was closed with no explanation. Called and was told to open another...said no thanks
Is this review helpful? Yes:3 / No: 1
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