Capital One
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.10% | 5-year CD | 60 Month 360 CD 2.25% - Ally Bank High Yield 5 Year CD |
| 1.60% | 2-year CD | 24 Month 360 CD |
| 0.90% | 1-year CD | 12 Month 360 CD 1.50% - Ally Bank No Penalty 11-Month CD |
Capital One 360 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
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, 5-Year CD Now 2.30% APY
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
Capital One 360 is Amazing!
I signed up for an ING Savings Account more than a decade ago. I was a little worried when Capital One took over, I have heard negative things about the company regarding their credit card practices. However, my experience since they took over from ING has been nothing but positive. There are no fees associated with my accounts, I have a debit card connected to my checking and several savings accounts. There are no fees to make transfers between accounts or to one of my linked accounts at other banking institutions.
The additional savings accounts are no charge and this allows me to keep money ear marked for different things in different accounts so it is easy to visualize what money I have saved for what things. For all of these reasons, I can say that I would highly recommend a capital one 360 account to anyone interested in online banking.
Capital One's 360 saving account is easy to use.
I have had a Capital One 360 saving account for over 15 years I started it back when it was ING. It's very easy to transfer funds from my normal checking into the Capital One 360 saving account using the internet. I almost forget I even have it until I get my statement. I can also use the model app to make a deposit. The interest rate use to be very high but that has come down over the last couple of years due to the economy, but it is still a very good entity to deal with. Every week they take a set amount from my checking to add to my savings I don't even notice it. I have never had the need to speak to then via the phone or email, the website has everything I have needed to manage my finances.
My experience with an online bank.
I originally opened an account with Capital One a few years ago. It was fairly new at the time and they were offering a $25 cash bonus if you opened and maintained an account for x amount of time and they were also offering referral bonuses. I was able to open up myself and my two children bank accounts with the bonuses. It was a great deal but it was making a deposit into the account at the time was inconvenient. I had great plans of using the accounts for savings for my kids but it became too much of a hassle. The accounts are still there and I really need start using them again. I am sure it is much easier making a deposit now and accessing our funds.
Terrible Customer Service
I have had an account with Capitalone 360 for approaching 10 years. I have had no issues until recently when my accounts were frozen. I received a call from Cap360 with a callback number. I called back five times. I either cannot get through, get transferred then dropped, get transferred and wait but no one ever answers. All I know is that both my accounts are frozen and I cannot speak to anyone to find out the problem and how to resolve it. It is a good bank as long as you do not have any issues. Once you have an issue, pray you do not need your money any time soon. I will try one more time by visiting a cafe. If that does not work, I am going to the regulators.
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4297 |
| Year Established | 1933 |
| Employees | 29466 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.7% |
| Return on Equity - YTD | 5.52% |
| Annual Interest Income | $2.83B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $282.1B$271.2B |
| Loans | Q1 2017vs Q1 2016 | $155.8B$150.8B |
| Deposits | Q1 2017vs Q1 2016 | $224.5B$208.8B |
| Equity Capital | Q1 2017vs Q1 2016 | $37.18B$36.00B |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $2.43B$2.03B |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $2.14B$2.23B |
| Real Estate Owned | Q1 2017vs Q1 2016 | $56.0MM$110.7MM |
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.
Targeted $400 Bonus At Capital One 360
These cash bonuses are only available to you if you received our related package offer in the mail and if you do not have an existing 360 Money Market, 360 Checking or 360 Savings account.
Open your first Capital One 360 Checking account or 360 Money Market account online and deposit at least $1,000 per account opened no later than June 30, 2017, 11:59 p.m. ET.
https://www.capitalone.com/together360/
Definitely Not A Deal
12 month is only .90%. I think it was 1.30%.
Very sad. I wonder what issues they are having.
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 | |
| 0.50% | - | - | Essential Savings Account |
Capital One Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $10k* | - | 360 Money Market | ||
| OTHER TIERS: 0.60% → Up to $10k | |||||
Capital One Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.90%* | $100k* | - | 360 Checking | ||
| OTHER TIERS: 0.20% → Up to $50k | 0.75% → $50k - $100k | |||||
| 0.40% | - | - | High Yield Checking Account - First 12 Months Promo | ||
| 0.25% | - | - | MONEY | ||
| 0.20% | - | - | High Yield Checking Account | ||
Capital One CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.10% | - | - | 60 Month 360 CD | |
| 1.80% | - | - | 48 Month 360 CD | |
| 1.60% | - | - | 24 Month 360 CD | |
| 1.60% | - | - | 30 Month 360 CD | |
| 1.60% | - | - | 36 Month 360 CD | |
| 1.10% | - | - | 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