Overview / Commentary
800-289-1992
1680 Capital One Drive
Mclean, VA 22102

Capital One 360, a DepositAccounts.com advertiser, is an online banking subsidiary of the Capital One Financial Corporation, a financial holding company publicly traded on the New York Stock Exchange (Symbol: COF). The web-only bank officially took over ING Direct in 2012 and offers an array of depository banking and lending products, in addition to its brokerage platform. The Capital One 360 branding was first introduced at the end of 2012.

In its depository banking repertoire, the direct bank has personal checking, savings, and Certificate of Deposit (CD) accounts, as well as business savings and CD accounts. On the personal side, Capital One 360 offers a fee free checking account that is part of an extensive ATM network and comes with a free MasterCard debit card. The teen checking account is basically the same account, but adds a joint owner. Both accounts are attractive because they earn interest and make the switch from brick and mortar bank checking to Internet checking very smooth with mobile deposits and widely accessible ATMs. The online savings account offers one of the top interest rates in the country and has no fees and an automatic savings plan option to encourage the process. CDs are offered in term lengths ranging from 6 to 60 months and come with fixed interest rates.

Capital One’s Sharebuilder provides a trading platform where customers can perform cheap stock trades or look up reports on various investments from independent analysts. On the business side, a savings account is available that offers up to 3 authorized signers who can function as account owners.

Capital One 360 online banking provides a secure and sophisticated platform for account owners to manage their deposit, loan, and business accounts with Capital One. The bank’s site is optimized for both desktop and mobile use, and enables users to complete account management items like money transfers, balance reviews, bill pay, ATM search, and transaction history viewing. Mobile apps are attractive and make it easy to bank while on the run from a smartphone or tablet device.

Capital One 360 is the product of Capital One Financial Corporation’s 2012 acquisition of ING Direct, which was created in 2000. Capital One’s business model focused on consumer lending before 2005, until it decided to branch out into the retail banking business. Its acquisition of ING Direct considerably helped those efforts, making it one of the biggest online banks in the country. Capital One 360 is currently headquartered in McLean, Virginia, and serves its customers exclusively through its online banking platform.

Related Posts

Capital One Ups Rates on Six 360 CDs - 9/14/2018

Capital One increased the rates on six terms of its 360 CDs and 360 IRA CDs this morning. Most noteworthy is the rate increase of the 1-year CD.

Capital One Boosts Rate of 360 Money Market Account - 8/24/2018

Capital One raised the rate on its 360 Money Market by 10 bps to 1.85% APY on balances of $10k+. The APY for balances below $10k remains at 0.85%.

Rate Increase On Money Market Acct(10K+) - 8/24/2018

One day after American Express National Bank raised it's rate to 1.80%. Now 1.85% on balances above 10,000(Was 1.75%) still 0.85% for balances below 10K. No other rate changes.

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12/4/15 - Capital One 360 Increases Rates On Four CDs
10/16/15 - Capital One Bank Has Essential Savings 6-Month Rate Guarantee
7/22/15 - Earn Up To A $500 Bonus At Capital One 360 - Extended To 9/30/2015
6/18/15 - Faster Access To Your Capital One 360 Deposits
6/1/15 - Earn Up to a $500 Bonus at Capital One 360
5/22/15 - Capital One 360 Launches Savings Bonus
5/22/15 - Up To $500 Bonus - Open New Savings Account With $5000+ Before Midnight 15 July 2015
5/18/15 - Capital One 360 Raises CD Rates For First Time In Over 2 Years
5/12/15 - Capital One 360 CD Rate Bumps. Quick Look.
2/9/15 - Capital One 360 Increases Top-Tier Rate of Its Checking Account
11/28/14 - Capital One 360's 2014 Black Friday Sale
10/24/14 - Capital One Bank Raises Rate On Essential Savings To Competitive Level
7/25/14 - Capital One 360 Or Ally Bank???
7/25/14 - More Merging of Capital One 360 and Capital One Bank
7/1/14 - Capital One 360’s Financial Independence Days Sale
6/25/14 - Preview of Capital One 360’s Financial Independence Days Sale
4/24/14 - Capital One Business Checking Promotion with a $250 Bonus - Branch Only
2/6/14 - $50 Bonus With Capital One 360 Savings Account
11/29/13 - Capital One 360's 2013 Black Friday Specials: $125 Checking Bonus
11/25/13 - Capital One 360’s 2013 Black Friday Sale Preview
11/22/13 - Capitalone 360 Is Going To Have Banking Bonuses Nov 29 - Dec 2, 2013
11/6/13 - Capital One Offers Savings Account Promotion in Its Market Areas
7/26/13 - Capital One Business Checking Promotion with a $300 Bonus - Branch Only
7/1/13 - Capital One 360’s Financial Independence Days Sale Has Begun
7/1/13 - Capital One 360’s Financial Independence Days Sale Begins
6/27/13 - Free Book Of 50 Checks From Capital One 360
6/26/13 - Capital One 360’s Financial Independence Days Sale
5/29/13 - Capital One 360 Replacing Customer Debit Cards
4/19/13 - Capital One 360 Announces Changes Including Bigger Refer-a-Friend Bonus
3/25/13 - Capital One Branches Still Offering Checking Promo with a 1-Year Rate Guarantee in Some States
2/1/13 - ING DIRECT Is Now Capital One 360
8/27/12 - Capital One Bank's Checking Promo with a 12-Month Rate Guarantee
5/4/11 - Hot Capital One Checking Account Promotion in Austin Texas
11/20/09 - ING Direct's Black Friday CD and Electric Orange Checking Specials
7/21/09 - Update on ING Direct's Electric Orange $50 Promotion
2/5/09 - 4.00% 4-Year CD at Capital One Direct - Nationally Available
11/26/08 - 5.20% 60-Month CD at Capital One Direct Banking
4/24/08 - Update on ING Direct CDs
1/29/08 - Capital One's 4.00% 12-month Checking Account Deal in Central Texas Ends Thursday
1/25/08 - 5.25% 13-Month and 7-Month CD at Superior Savings of New England
11/24/07 - 5.25% 7-Month CD at Superior Savings of New England - Nationally Available
11/20/07 - ING Direct Acquires ShareBuilder
10/29/07 - ING Direct / VirtualBank Referral Bonuses
9/26/07 - $50 Bonus for ING Direct Orange Savings Account
7/12/07 - Is This How Banks Will Make Money from the Reward Checking Accounts?
5/6/07 - ING Direct Raises Checking Account Mid-Tier Rate to 5.25%
4/27/07 - 5.25% 9-Month CD at ING Direct
11/16/06 - 5.50% Money Market Account at Superior Savings of New England ($10K+)
8/15/06 - 5.25% Money Market Account at Superior Savings of New England ($25K+)
8/9/06 - CapOne/Costco Money Market Account Up to 5.14%
7/19/06 - Capital One High Yield Money Market Rises to 5.00%
6/30/06 - ING Direct's Savings Account Now 4.35% - Lagging Continues
6/28/06 - Capital One High Yield Money Market Rises to 4.75%
6/14/06 - CapOne/Costco Money Market Now 4.77% Plus New $50 Bonus
5/31/06 - ING Direct Savings Account Now 4.25% - History of Lagging?
5/10/06 - CapOne/Costco Money Market Account Now 4.72%
5/3/06 - Capital One High Yield Money Market Rises to 4.55%
4/29/06 - ING Direct's 5.25% 12-Month / 5.00% 9-Month CD
4/17/06 - ING Direct Sale is Over - Now What?
4/15/06 - ING Direct Raises All 12-Month and Longer CDs to 5%
4/5/06 - New ING Direct CD Rates - 4.75% 9-Month
3/31/06 - ING Direct Raises Non-Promo Savings Account APY to 4%
3/29/06 - ING No Longer Showing the 4.75% Promo - What's Next?
3/14/06 - Superior Savings' New 5% Money Market Account
3/2/06 - Capital One Savings/Money Market Accounts Now 4.25%
2/4/06 - ING Direct Increases Yields Slightly on CDs
1/23/06 - ING Direct Reduces Rates on Most CDs
1/19/06 - ING's Save Up Sale: 4.75% Savings Rate
1/2/06 - Special CapitalOne/Costco $50 Bonus
12/31/05 - ING Direct Savings Now 3.80%
12/7/05 - CapitalOne Savings Now at 4.00%
10/25/05 - Slight Rise in ING Direct's Long Term CDs
10/23/05 - New 4.5% Money Market Account
10/13/05 - ING Direct's Answer To EmigrantDirect?
10/12/05 - Major Rate Increase at Another Online Bank
9/2/05 - ING Direct Again Lowers Long Term CD Rates

Reviews (390)

My Primary Bank

Posted by: Kano | Aug 9, 2018

Capital One was my introduction to online only banking, back in 2008. (Back then, it was named ING Direct, before being purchased by Capital One.) It started out as my online savings account, and stayed that way for quite a while.

Last year, it became my primary bank. It has my primary checking account, I use the online bill payment service to pay all my bills, and it is also the hub I use to route all my ACH transfers.

The money market account pays a very competitive (but not best in class) interest rate, so I use it from time to time for some of my savings.

In the decade I have had the account, I have never paid a fee. I have never had a single problem at all with the account.

Capital One is an exceptionally good, full service bank.

New Web Interface Is A Disaster..

Posted by: muthuk | Dec 2, 2017

The new interface is a miserable disappointment in its attempt to have a unified mobile & desktop experience.

No Beneficiaries Allowed!

I am in the process of transferring my funds to American Express Savings. I was EXTREMELY disappointed when I called to change beneficiaries (after not finding a link to do so on their website) to be told that Cap One 360 does not allow beneficiaries - I would have to make it a joint account! I can't believe this is even legal! I was very happy with the account until this happened so if you don't need to have a beneficiary then I would still recommend it.

You Cannot Designate Beneficiaries

Posted by: DrHD | Feb 26, 2018

The rates are competitive but they slow to transfer money. But the real deal breaker is that you cannot designate beneficiaries on the 360 Money Market account. That means that, unlike just about every other bank or financial institution on the planet, if (actually, when) you pass away, your beneficiaries will have to go through probate, which is time consuming and expensive.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #4297
Year Established1933
Employees27612
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.29%
Return on Equity - YTD9.75%
Annual Interest Income$6.35B
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$290B$280.2B
LoansQ2 2018vs Q2 2017$140.7B$157B
DepositsQ2 2018vs Q2 2017$233.4B$221.2B
Equity CapitalQ2 2018vs Q2 2017$39.03B$37.86B
Loan Loss AllowanceQ2 2018vs Q2 2017$2.26B$2.49B
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$951.3MM$1.96B
Real Estate OwnedQ2 2018vs Q2 2017$24.9MM$48.0MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Rate Increase On Money Market Acct(10K+)

buckeye61   |  
One day after American Express National Bank raised it's rate to 1.80%.

Now 1.85% on balances above 10,000(Was 1.75%) still 0.85% for balances below 10K.

No other rate changes.

Capital One 360 Money Money Market $200 Bouns

Rickny   |  
Capital One is offering a bonus of $200 when you open a 360 Money Market account and complete the following requirements:
Use promo code BONUS200
Deposit $10,000 or more by August 31st, 2018

Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Capital One; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Capital One Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*-$1mSpark Business Savings - 1st year promo
OTHER TIERS: 0.40% $1m+
1.00%--360 Savings Account
1.00%--IRA Savings
1.00%--Kids Savings Account
0.40%--Spark Business Savings - non-promotional

Capital One Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.85%*$10k*-360 Money Market
OTHER TIERS: 0.85% Up to $10k

Capital One Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$100k*-360 Checking
OTHER TIERS: 0.20% Up to $50k | 0.75% $50k - $100k
0.25%--MONEY

Capital One CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%--60 Month 360 CD
2.75%--48 Month 360 CD
2.70%--36 Month 360 CD
2.60%--24 Month 360 CD
2.60%--30 Month 360 CD
2.50%--12 Month 360 CD
2.50%--18 Month 360 CD
0.75%--9 Month 360 CD
0.60%--6 Month 360 CD

Capital One IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%--60 Month 360 IRA
2.75%--48 Month 360 IRA
2.70%--36 Month 360 IRA
2.60%--24 Month 360 IRA
2.60%--30 Month 360 IRA
2.50%--12 Month 360 IRA
2.50%--18 Month 360 IRA
0.75%--9 Month 360 IRA
0.60%--6 Month 360 IRA
Locations

Capital One is an Internet only bank and does not have branch locations. Its headquarters is located at 1680 Capital One Drive - Mclean, VA 22102

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.