Capital One
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.20% | Money Market | 360 Money Market 0.90% - Ally Bank Money Market Account |
| 2.30% | 5-year CD | 60 Month 360 CD 2.25% - Ally Bank High Yield 5 Year CD |
| 1.75% | 2-year CD | 24 Month 360 CD |
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
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 - Capital One Bank Has Essential Savings 6-Month Rate Guarantee
7/22 - Earn Up To A $500 Bonus At Capital One 360 - Extended To 9/30/2015
6/18 - Faster Access To Your Capital One 360 Deposits
6/1 - Earn Up to a $500 Bonus at Capital One 360
5/22 - Capital One 360 Launches Savings Bonus
5/22 - Up To $500 Bonus - Open New Savings Account With $5000+ Before Midnight 15 July 2015
5/18 - Capital One 360 Raises CD Rates For First Time In Over 2 Years
5/12 - Capital One 360 CD Rate Bumps. Quick Look.
2/9 - Capital One 360 Increases Top-Tier Rate of Its Checking Account
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
Online Banking
I had never used online banking before. My banking was always local and I liked going to the bank and interacting with people who could explain anything that wasn't clear to me. My local bank closed the branch closest to me and I now had to drive twice as far every week just for deposits alone. I started looking into online banking. I was pleasantly surprised to find out how competitive and easy it is. The customer service was excellent and the convenience was great . The fees are similar and it's very secure. I now have my checking account,savings account,CDs and a college fund for my grandchildren,all with Capital One online banking. I highly recommend Capital One for all banking needs. You won't believe the rates and what is offered and the convenience of all your banking online is really great.
awesome perks and incredible benefits with my 360 account
I have a Capital One 360 checking account. This account is completely free and doesn't charge any overdraft fees. They offer a line of credit as their overdraft protection which helps me tremendously. I can also make deposits and withdrawals from the ATM which is a huge help to me because I do my banking after hours, on the weekends, and on holidays or Sundays. Capital One even offers free service at some of the other ATMs where I live as well so that I don't have to drive to the main branch here in Paris. Overall, they sold me on there "100% free checking" slogan that they use. It really is 100% free. no surprise or hidden fees.
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.
Long Time Customer Leaving
I've been a customer since ING Direct and Capital One 360 is my primary bank and I do all of my banking online. They have recently updated their interface to look more like the app. In doing so they have eliminated functionality (like the ability to deposit checks on the website without having to download the app) and there are serious performance issues. I would say more than 50% of the time over the last month or two I can see what accounts I have and the balances but am unable to click in and see what my transaction actually were. It either "spins" indefinitely or I get an actual error. I also realized how tough it is to actually get service when needed. "Go to a branch" isn't an option since there are none anywhere near me. Today was the last straw when again I could not access my accounts and would like to pay bills. I have submitted to open accounts at a new bank.
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4297 |
| Year Established | 1933 |
| Employees | 30163 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 5.61% |
| Annual Interest Income | $5.73B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $280.2B$278.7B |
| Loans | Q2 2017vs Q2 2016 | $157B$153.4B |
| Deposits | Q2 2017vs Q2 2016 | $221.2B$208.5B |
| Equity Capital | Q2 2017vs Q2 2016 | $37.86B$36.26B |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $2.49B$2.23B |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $1.96B$2.20B |
| Real Estate Owned | Q2 2017vs Q2 2016 | $48.0MM$93.1MM |
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 Increases Top-Tier Rate Of 360 Checking To 1.00% APY
1.00% APY for balances of $100k and above (used to be 0.90%)
0.75% APY for balances of $50k to under $100k (no change)
0.20% APY for balances under $50k (no change)
If you need to maintain large balances in a checking account (due to a high number of payments that exceed six per month), this account is a good option. Few checking accounts offer a rate this high for large balances. You can see the best ones using our checking rate table.
I reviewed the 360 Money Market and the 360 Checking in this August blog post.
Capital One Reduces CD Rates
0.40% APY 6mo No change
0.60% " 9mo " "
0.90% " 12mo " "
1.10% " 18mo was 1.50%
1.20% " 24mo " 1.60%
1.25% " 30mo " 1.60%
1.30% " 36mo " 1.60%
1.50% " 48mo " 1.80%
2.00% " 60mo " 2.10%
Capital One Increases 360 Money Market Rate
At least this keeps them competitive. I’ll have more on this soon.
Big Rate Hike On Capital One 18-Month 360 CD
This 18-month CD isn’t close to being a rate leader, but it’s always nice to see a Capital One 360 rate hike. Capital One 360 accounts are the online products that used to be offered by ING Direct.
Capital One appears intent to keep at least a few of its 360 CDs competitive. In March, the 60-month and the 12-month 360 CD rates were raised to competitive levels. These rates lasted for about two months.
For liquid accounts, Capital One seems to be focusing on its 360 Money Market Account. A month ago, the rate increased from 1.00% to 1.10% APY for balances of at least $10k. This 360 MMA was introduced in March 2016 with a 1.00% APY. If they do intend to keep this competitive, we should see another rate hike soon.
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 |
|---|---|---|---|---|
| 0.75% | - | - | 360 Savings Account | |
| 0.75% | - | - | Kids Savings Account |
Capital One Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.20%* | $10k* | - | 360 Money Market | ||
| OTHER TIERS: 0.60% → 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 |
|---|---|---|---|---|
| 2.30% | - | - | 60 Month 360 CD | |
| 1.75% | - | - | 24 Month 360 CD | |
| 1.75% | - | - | 30 Month 360 CD | |
| 1.75% | - | - | 36 Month 360 CD | |
| 1.75% | - | - | 48 Month 360 CD | |
| 1.50% | - | - | 18 Month 360 CD | |
| 0.90% | - | - | 12 Month 360 CD | |
| 0.60% | - | - | 9 Month 360 CD | |
| 0.40% | - | - | 6 Month 360 CD |
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