Capital One 360
Online Savings Account - 3.50% APY
Ways to Avoid the Monthly Service Fee :
Maintaine a $300 minimum balance.
Fee and Feature Guide
|
Savings Account |
| Interest Rate |
|
| APY |
3.50% |
| Minimum deposit amount |
$10,000.00 |
| Maximum deposit amount |
N/A |
| Balance Requirements |
|
| Minimum Opening Deposit |
$0.00
|
| Minimum Balance to Avoid Fees |
$0.00 |
| Minimum Required Balance |
$300.00 |
| Minimum To Earn |
$0.00 |
| Fees |
|
| Monthly Maintenance Fee |
$3.00 |
| Foreign ATM Fees |
N/A |
| Insufficient Funds Fee |
N/A
|
| Incoming Wires |
N/A
|
| Statements |
|
| Paper Statements |
× |
| Online Statements |
Yes |
| Online and Telephone Banking |
|
| Online Banking |
Yes |
| Telephone Banking |
× |
| Mobile Banking |
Yes |
| Deposit Checks with Mobile Device |
Yes |
| Free Bill Pay |
Yes |
| Online Bill Payments Required |
Yes |
| Account Opening |
|
| Open Online |
Yes |
| Insured by |
F.D.I.C.
|
Pros
- Fast and easy transfers from a linked Capital One business checking account.
Cons
Recent Rate Changes
|
Date
|
APY
|
|
January 26, 2026 |
3.50%
|
|
January 5, 2026 |
3.50%
|
|
September 29, 2025 |
3.50%
|
|
July 21, 2025 |
3.70%
|
Customer Reviews for Capital One 360 (27)
2.7 out of 5 based on 17 ratings
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:8 / No: 1
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:7 / 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:13 / No: 2
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:8 / No: 0
Christopher C. | Feb 24, 2023
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:5 / No: 1
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