Compound Interest Calculator
CD Account from Capital One 360 with 4.90% APY



Use or Change These Amounts and Rates

The product CD Account from Capital One 360 with 4.90% APY and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $32,269. The interest earned would be $12,269 and the tax amount on the interest earned would be approximately $3,681.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account

The Results for Capital One 360

Savings Boost of
$7,790 over 10 years
Cash Savings $20,000
Average Interest Earned $798

 
Capital One 360 Interest Earned $8,588

 

 

See comparison detail table

This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.56%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 111 78
2 20,111 112 78
3 20,223 112 79
4 20,335 113 79
5 20,449 114 80
6 20,562 114 80
7 20,677 115 80
8 20,792 116 81
9 20,907 116 81
10 21,023 117 82
TOTAL: $1,140 $798

Capital One 360 Scenario

Rate:
4.90%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 980 686
2 20,980 1,028 720
3 22,008 1,078 755
4 23,086 1,131 792
5 24,218 1,187 831
6 25,404 1,245 871
7 26,649 1,306 914
8 27,955 1,370 959
9 29,325 1,437 1,006
10 30,762 1,507 1,055
TOTAL: $12,269 $8,588

Take Action

The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.


Recent Rate Changes



Date APY
March 15, 2024 4.90%
October 29, 2023 5.30%
September 20, 2023 5.00%
August 20, 2023 4.85%


Featured CD Rates

ONLINE BANKS APY? MIN?

6 Month CD Special. Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%.

Last change: ↑0.46% on December 15, 2023.
3 Month CD.

Last change: ↑0.60% on April 19.
Warning: Early Withdrawal Penalty is 12 Months interest.

Last change: ↑0.20% on September 8, 2023.
6 Month CD.

Last change: ↓0.05% on March 15.
3 Month CD.



Customer Reviews for Capital One 360 (27)


  • 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.

  • 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

  • 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.

  • 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.

    Christopher C. | Apr 21, 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.

  • February 18, 2023 |

    Online CDs 11 Month Rates

    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


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