Capital One
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.00% | Money Market | 2.00% - Ally Bank Online Savings Account |
| 1.00% | Savings | 2.00% - Ally Bank Online Savings Account |
| 2.80% | 2-year CD | 2.80% - Capital One 24 Month 360 CD |
Capital One, a DepositAccounts.com advertiser, is a subsidiary of the Capital One Financial Corporation, a financial holding company publicly traded on the New York Stock Exchange (Symbol: COF). The bank officially took over ING Direct in 2012 and offers an array of depository banking.
Capital One offers personal, as well as business, savings and CD accounts. Also on the personal side, Capital One offers a fee-free checking account that is part of an extensive ATM network and comes with a free MasterCard debit card. They also offer a teen checking account, which is basically the same account, but adds a joint owner. Both accounts are attractive because they earn interest and can be accessed through their Café’s, mobile deposits and widely accessible ATMs. The 360 Money Market Account offers one of the top interest rates in the country and has no fees. CDs are offered in term lengths ranging from 6 to 60 months and come with fixed interest rates.
Capital One’s online banking provides a secure and sophisticated platform for account owners to manage their deposits with Capital One. They offer an award-winning mobile app which allows the user to make deposits, check balances, pay bills, search for ATMs and make transfers. The bank’s site is optimized for both desktop and mobile use, and offers the same features as the mobile app.
Capital One is currently headquartered in McLean, Virginia.
Related Posts
11/11 - Capital One Increases Rates on 360 Money Market Account and CDs
11/9 - Capital One Raises Money Market And CD Rates.
11/5 - Bonus Till Mid December
9/14 - Capital One Ups Rates on Six 360 CDs
8/24 - Capital One Boosts Rate of 360 Money Market Account
7/20 - Capital One 360 Money Money Market $200 Bouns
7/12 - Capital One Finally Allows POD Accounts But There Are Issues
7/11 - Capital One 360 Money Market Account Moves Upward
7/10 - Money Market Rate Hike At Capital One
6/22 - Capital One Increases Rates on 360 CDs and 360 IRA CDs
5/17 - Capital One Ups Rates on All 360 CDs and 360 IRA CDs
4/19 - Capital One Ups 360 Money Market Rate
4/19 - Capital One Money Market Hike
4/12 - Capital One Hikes Rates on 360 CDs and 360 IRA CDs
3/16 - Capitalone Offering IRA Accounts.
2/15 - Capital One 360 Money Market Rate Rises
2/15 - Rate Hike On Capital One Money Market
2/13 - Capital One Boosts Rates on Seven 360 CDs
2/13 - CD Rates Jump At Capital One Bank
1/11 - Capital One Ups 360 Money Market Rate ($10k+)
1/11 - 360 Money Market Raised To 1.40% APY
11/14 - Large 360 CD Rate Hikes at Capital One
10/25 - Capital One Bumps Up 360 Money Market
10/24 - Capital One Money Market Rate Hike
10/23 - Capital One Logon unusual request.
10/13 - Capital One’s 5-Year 360 CD Rate Raised
10/6 - Capital One Increases Top-Tier Rate Of 360 Checking To 1.00% APY
9/7 - Capital One Reduces CD Rates
8/25 - Capital One Increases 360 Money Market Rate
8/25 - Capital One Increases 360 Money Market Rate
7/25 - Big Rate Hike On Capital One 18-Month 360 CD
6/27 - Capital One Raises 360 Money Market Rate
6/27 - Capital One 360 Money Market Rate Increase
5/17 - Targeted $400 Bonus At Capital One 360
5/4 - Definitely Not A Deal
4/8 - Capital One Offers $200 Bonus For New 360 Money Market Account
3/14 - Big CD Rate Hikes at Capital One, Including 5-Year CD
3/14 - Capital One Rate Change
3/1 - Capital One Raises 1-Year 360 CD Rate to Competitive Level
2/17 - More Targeted $200 Bonuses At Capital One 360
1/12 - Targeted $200 Checking Bonus
1/7 - Rate Decrease For 12 Month CD
12/2 - $100 Bonus For Capital One 360 Money Market Account With $10K Deposit
11/9 - Capital One 360 Hikes All CD Rates
11/8 - Big CD Rate Hikes At Capital One 360
11/6 - $100 Checking Bonus
6/9 - Capital One 360 Increases CD Rates For Terms Of 24 To 60 Months
3/18 - Capital One 360 Launches New Money Market Account
3/18 - 360 Money Market: Up To 1% APY
1/13 - Capital One 360 Makes 12-Month CD Competitive
1/13 - 12 Month CD 1.30%
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
My Primary Bank
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.
Lacks An Important EFT Function
For the most part Capital One is okay but, for at least one important transfer function, they are severely lacking. As of 11-7-18 they are still unwilling to let customers schedule AUTOMATIC bank to bank transfers to another person or entity's account. They now require you to use Zelle which does have this capability apparently but it is NOT supported by Capital One's implementation. I have reported this to the bank and they do not seem to care based on the responses I have gotten from my interactions with them.
BTW, I also have accounts with TD Bank and TIAA Bank and they both support this natively (no need to use Zelle).
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
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.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4297 |
| Year Established | 1933 |
| Employees | 27998 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 8.6% |
| Annual Interest Income | $9.64B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $290.4B$291B |
| Loans | Q3 2018vs Q3 2017 | $142.4B$158.3B |
| Deposits | Q3 2018vs Q3 2017 | $233.3B$220.1B |
| Equity Capital | Q3 2018vs Q3 2017 | $38.52B$38.34B |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $2.19B$2.43B |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.01B$2.17B |
| Real Estate Owned | Q3 2018vs Q3 2017 | $6.1MM$46.8MM |
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.
Capital One Raises Money Market And CD Rates.
Most CD rates over 12-months up 10 bps.
12-Month 2.60%
60-Month 3.10%
Should add pressure to Discover Bank and American Express National Bank to also raise savings rates.
Bonus Till Mid December
https://www.capitalone.com/offer200/
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | - | - | Spark Business Savings - 1st year promo | |
| 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | $10k* | - | 360 Money Market | ||
| OTHER TIERS: 0.85% → Up to $10k | |||||
Capital One Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $100k* | - | 360 Checking | ||
| OTHER TIERS: 0.20% → Up to $50k | 0.75% → $50k - $100k | |||||
| 0.25% | - | - | MONEY | ||
Capital One CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.10% | - | - | 60 Month 360 CD | |
| 2.90% | - | - | 48 Month 360 CD | |
| 2.85% | - | - | 36 Month 360 CD | |
| 2.80% | - | - | 24 Month 360 CD | |
| 2.80% | - | - | 30 Month 360 CD | |
| 2.70% | - | - | 12 Month 360 CD | |
| 2.70% | - | - | 18 Month 360 CD | |
| 0.75% | - | - | 9 Month 360 CD | |
| 0.60% | - | - | 6 Month 360 CD |
Capital One IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.10% | - | - | 60 Month 360 IRA | |
| 2.90% | - | - | 48 Month 360 IRA | |
| 2.85% | - | - | 36 Month 360 IRA | |
| 2.80% | - | - | 24 Month 360 IRA | |
| 2.80% | - | - | 30 Month 360 IRA | |
| 2.70% | - | - | 12 Month 360 IRA | |
| 2.70% | - | - | 18 Month 360 IRA | |
| 0.75% | - | - | 9 Month 360 IRA | |
| 0.60% | - | - | 6 Month 360 IRA |
