This is a pretty great account. Be Careful Not to Rush Too Heavily Into Long-Term CDs Here, Avoid The TIAA 4-year Diversified Assets Marketsafe CD, Synchrony Lowers Online Savings Rate to 0.55% APY - Jan 27, 2021, Sallie Mae Lowers Online Money Market Rate to 0.45% APY - Jan 14, 2021, Barclays Lowers Online Savings Rate from 0.45% to 0.40% APY - Jan 14, 2021, CFG Bank Lowers Online Savings Rate to 0.68% APY - Jan 13, 2021, First Foundation Bank Lowers Online Savings Rate to 0.60% APY - Jan 8, 2021, Citizens Access to Lower Online Savings Rate to 0.40% APY - Jan 6, 2021, ConnectOne Bank Lowers Its Online Savings Rate to 0.65% APY - Dec 19, 2020, American Express Personal Savings Lowered to 0.50% APY - Dec 17, 2020, FitnessBank, a division of Newton Federal Bank, SFGI Direct, a division of Summit Community Bank, Mutual of Omaha Bank, a division of CIT Bank, Disclosure Governing Your Use of this Website. You get an interest rate of 0.40% APY with no minimums. https://wallethacks.com/capital-one-360-performance-savings This is an all-time low for Capital One savings accounts. Expiration: None 4. Credit Inquiry: Soft Pull 5. Credit Funding: None 6. But there are a … Capital One 360 Performance Savings Rate. Contributions to Traditional IRAs may be tax-deductible, and earnings within the account aren’t taxed until the funds are withdrawn. Current Capital One 360 customers can open a new account through the mobile app. You can also choose to receive interest payments by transfer to another Capital One account or by transfer to an external … Being one of the largest financial institution in the United States, Capital One has over 500 convenient locations spread throughout the nation. However, it doesn’t come with check-writing privileges or an ATM card, and that lack of flexibility can make it tedious to access your money. Let's take a closer look at the savings accounts available at Capital One. The Capital One 360 Performance Savings account is all about simplicity. CODES (5 days ago) Open a new 360 Performance Savings account using promo code SCORE500. Checking Accounts 360 Checking Account . The Capital One 360 Performance Savings account is what brings many people to the digital institution, and it’s no secret why. HSBC once again fails to keep up with its rivals in this area. There are no monthly or annual fees, no minimum opening deposit required, and it comes with a 1.00% APY (for any balance amount). Capital One's 360 Performance Savings accounts pay 1.50% in interest. Capital One offers non-IRA products, including 360 CDs with terms from 6 to 60 months, a 360 Performance Savings account with no minimum balance requirements, and more. While Capital One 360 offers a more stable rate, Discover’s rate can fluctuate into the 2% range. Capital One is offering a 1.00% APY Rate for their 360 Performance Savings Account. Copyright © 2021 BestCashCow.com, LLC. Capital One 360 Savings is a predominately online savings account offered by Capital One Bank. Should You Really Be Buying 1-Year CDs Right Now? This new rate is the lowest online savings account rate seen at Capital One or at ING Direct. Bonus Offer: 1.00% APY Rate 2. / Choose to receive CD interest disbursements on a monthly or yearly basis (on the anniversary date of the account opening) based on the schedule that works best for you. Learn more about FDIC insurance coverage. With two entities under its umbrella — Capital One and Capital One 360 — the bank appeals to business and personal customers alike. Phone, social media, Morse code (okay maybe not Morse code). That’s much better than the national average of 0.05%. Traditional IRAs and Roth IRAs differ in several ways, including their tax treatment. The rate fell from 0.80% to 0.65%. Capital One Savings Account Interest Rates. That’s how you build a solid foundation for the future—wherever that future may take you. However, Capital One 360 tends to rank in the nation’s top 10 high yield savings accounts. It’s easy to sign up and start earning interest thanks to no fees, no minimum balances and a competitive 0.5% APY. Here is your opportunity to earn a an interest rate of 1.00% APY on your funds. With two entities under its umbrella — Capital One and Capital One 360 — the bank appeals to business and personal customers alike. And in these times when customer service is often a nuisance, getting great service counts for something. Capital One 360 Checking Account . Capital One 360 CD interest is accrued daily and is compounded and credited to your CD account monthly. When you open a Capital One 360 IRA Savings account, you’ll have the option of selecting between a Traditional IRA or a Roth IRA. Oct 1, 2020. No: 0. No: 0. Advertising Disclosure |, Bask Bank Is A Very Compelling Option For Anyone Looking to Travel in the Post-COVID-19 World, Federal Reserve Holds Fed Funds at Zero to 0.25 Bps; Cash Looks Like a Loser, Avoid Rates from NeoBanks and Fintechs that Look Too Good to Be True, It is Probably Not the Time to Rush Into CDs, Federal Reserve Leaves Fed Funds Rate to Zero to 0.25%, Says Course of the Economy Depends on the Virus, Maximizing Interest On Savings Remains Important In a Low Rate Environment, 5 Things to Consider As Savings, Money Market and Short-Term CD Rates Collapse, Federal Reserve Has No Plans to Raise Interest Rates Any Time Soon, Some Dreadful Advice About Short-Term CDs, The Federal Reserve and Treasury Secretary Janet Yellen Should Consider an Emergency Fed Funds Hike - Maybe Even 50 BPS, 5 Reasons Why You Should Never Ever Buy A Structured Note, 1-Year CD Rates Over 2% Are Tempting But Preserving Liquidity In A Crisis Is Essential, Some 1-Year CDs Are Still over 2% APY Following the Coronavirus-Induced Fed Cut. 360 Performance Savings accounts do not have debit cards, ATM cards, or check-writing capabilities. Talk to a Capital One associate today–no SOS required. Capital One 360 is now offering 2.00% APY for their Money Market Account when you make and maintain $10,000 in balances. This account offers a competitive interest rate of 0.5% and no fees or minimum balance requirements. Depending on the account, this could be a few hundred dollars or more than $10,000. Available nationwide, Capital One 360 is offering you a 1.00% APY on your funds for opening a new Capital One 360 Performance Savings Account. About Capital One Founded in 1988, Capital One is the banking arm of Capital One Financial Corp. Capital One offers both brick-and-mortar locations and online banking, although it appears to be shifting its focus to online banking. Capital One 360 Savings Account charges $5 every time you request a paper statement. Opening Deposit Requirement: $250 6. I’ll review the savings rates and go over current bonus promotions below. The Capital One 360 Performance Savings account pays one of the top rates in the industry. Your funds are FDIC insured up to $250,000, there’s a mobile app, and you can open it online in just a few minutes. In addition to the current rate from Capital One 360, you can also take advantage of a range of great … You can find a higher rate at a couple other big-name banks, but it’s definitely one of the best out there. Online ease. Here is your opportunity to earn a an interest rate of 1.65% APY on your funds. Strongly recommend! Been a customer since before it was acquired by ING Direct. Always real people to talk to. Interest rates is where a Discover online savings account shines as its available rate is dramatically different than Capital One 360. This high-yield savings account allows you to earn higher than the average interest rate on your balance amount. Below is all the information you need to earn 1.00% APY Rate on your funds when you open an Capital One 360 Performance Savings Account.. Robust product offerings -- checking accounts, savings accounts, CDs, credit cards, auto loans and business banking -- make it a good one-stop shop for … Let us know 4. Credit Funding: Unknown 5. No: 0, May 14, 2020 |. Capital One 360 Promo Code: Top 6 Offers for January 2021. Just like the checking accounts, there are no minimums to open or maintain the savings account. As a result, there’s not much reason to use the Kids Savings Account. Yes:2 December 11, 2019 |, Is this review helpful? I recently opened an account. I know rates are variable, at their discretion*, but in the time frame of 9 months their rates have dropped to 1/3 of what they were ! Maintain a daily balance of $40,000-$49,999 for 90 days following the Initial Funding Period. It has a suite of high-interest CDs, savings and checking accounts for short-term savings goals or preparing for the future — all with online tools to make it easy to manage your money anytime, anywhere. I’ll go over the Capital One 360 offers below. Capital One 360 Performance Savings account is best for those looking for a high-yield account that will help them grow their savings without nickle and diming them for fees. You may, however, transfer money from 360 IRA Savings to 360 IRA CDs. Capital One takes a different approach. Take a look around to see what fits your savings goals. What are some benefits of a 360 IRA Savings account? The Capital 360 Performance Savings account is high-yield with no hidden fees. 2. With 360 Money Market, you get one of the nation’s top rates—2.00% APY. Rates are sometimes better elsewhere, but I've never had a problem here. With a Capital One 360 Money Market account, you need a balance of at least $10,000 to get the highest rate. CNBC Select reviews the Capital One 360 Performance Savings so you can decide if it's the right savings account for you. Capital One 360 offers customers three options for opening accounts. If you’re new to the bank, you can open an account online or in a branch or cafe. In addition to savings and checking accounts, Capital One 360 offers a … Capital One 360 Savings Rate Drops to 0.50% APY. The Capital One 360 Performance Savings Account interest rate is 0.40% APY, significantly higher than the national average of 0.05%. When Capital One purchased ING Direct to create Capital One 360, it made a splash in the online savings account market. They mistake niceness for true customer service. Capital One 360 Bank Promotions Review. Yes:1 / Rest easy, knowing that your account is FDIC-insured. To make an informed decision, compare your … Ally's Savings rate is higher, but Capital One 360's Money Market rate is the best if you have $10,000 to save. The rate is lower than Capital One’s 360 Performance Account, which also allows you to add minors as joint account holders. Having plenty of savings options means you can choose the level of commitment that’s just right for you. Capital One 360 CD Rates 360 CDs. Being one of the largest financial institutions in the United States, Capital One has over 500 convenient locations spread throughout the nation. Open a new account and get started today! What is Capital One 360 Performance Savings? Capital One 360 offers some of … Capital One 360 Savings Account does not charge a monthly maintenance fee. How is a 360 IRA Savings account different from my other savings options at Capital One? Capital One savings rates vs. CIT Bank savings rates Unlike Capital One 360 Performance Savings , the CIT Bank Savings Builder High Yield Savings Account doesn't pay everyone the same rate. An Individual Retirement Account (IRA) is a tax-advantaged way for just about anyone with earned income to save for retirement. Capital One offers nine terms of CDs. Is this review helpful? In 2020, you may … Horrible bank. If you want more flexibility for your CDs, Ally may be the better choice. With a driven and dedicated team offering fantastic products such as savings rates and CD rates, you are able to obtain the best services and features the bank has to offer. Expert review. And when you open a savings account online, you’ve got options to choose from. Yes:0 / Capital One 360 Savings Account 360 Performance Savings. Negative reviews here are dated. About Capital One 360 Performance Savings. Availability: Nationwide 3. All Rights Reserved. On the other hand, contributions to Roth IRAs are made on an after-tax basis, meaning both earnings and eligible withdrawals are tax-free. Just remember, they won’t have the same kind of tax advantages as an IRA. Set it, forget it and simply watch it grow. If you're interested in CDs, Capital One 360 offers terms from six to 60 months and APYs of 0.60% to 2.00%. And it has several CD options to choose from, including a No Penalty and Raise Your Rate … But support isn’t 24/7 as it is with some online banks. The 360 Checking account is Capital One’s version of a free online checking account. Start building a future made just for you. See the fee breakdown section below to view all fees. Capital One 360 Performance Savings isn't available on Finder right now. Money market accounts are designed to speed up saving, and Capital One 360’s is among the best with its high interest rate, automated savings programs and no fees that eat away at your deposits. You may or may not find higher rates at other online banks. Capital One Savings Account Interest Rates. You won’t miss out on the chance to score a cash bonus from Capital One. Monthly Service Fee: $3 monthly service fee waived with $300 minimum balance 7. What you can expect from your 360 IRA Savings account. Below is all the information you need to earn 1.00% APY Rate on your funds when you open an Capital One 360 Performance Savings Account. Capital One has dropped their savings rate to 0.50% APY from 0.65% APY. Availability: Nationwide 3. Credit Inquiry: Hard Pull or Soft Pull? Savers who open a 360 Performance Savings account earn the same APY across all balances. A 360 IRA Savings account is tax-advantaged and intended for saving for retirement. Privacy Policy, Disclosure Governing Your Use of this Website | 360 Performance Savings: 0.40%: No minimum: Kids Savings Account: 0.30%: No minimum: 360 IRA Savings Roth: 0.40%: No minimum: 360 IRA Savings Traditional: 0.40%: No minimum This high-yield savings account allows you to earn higher than the average interest rate on your balance amount. Capital One is horrible. is that what some call a teaser rate in the beginning ??? The Capital One 360 Performance Savings account pays one of the top rates in the industry. IRA Savings accounts come with tax benefits and FDIC protection. You can find a higher rate at a couple other big-name banks, but it’s definitely one of the best out there. Your child can earn 0.30% APY with a kids savings account, and the rate will jump up to the regular APY once they turn 18. Promo Code(s): None Capital One 360 pays significantly higher savings rates than brick-and-mortar banks pay. Compare Capital One 360 rates for CDs and Savings with our best rates for Savings and CD accounts. Their rates come in on the very low range and feature little to no chance of growth. Capital One 360 Performance Savings Account + Cash Bonuses up to $500. Capital One has dropped their savings rate to 0.50% APY from 0.65% APY. Money market rates at Capital One 360 are now at 1.49 percent with an APY of 1.50 percent, the old MMA rate was 1.39 percent with a yield of 1.40 percent. The money you put away will also be FDIC-insured up to allowable limits, and you’ll never pay monthly fees while you’re building your nest egg. Accounts are FDIC insured, and you can use the 360 app to deposit checks and check your balance. If your savings goals are more short-term, you may want to explore non-IRA 360 Performance Savings™ accounts and 360 CDs®. https://www.businessinsider.com/.../capital-one-bank-review Customer Reviews for Capital One 360 (12) Joe . Here, we’ll talk about the accounts 360 offers, including their key features and fees. Take a look around to see what fits your savings goals. 1. Capital One offers non-IRA products, including 360 CDs with terms from 6 to 60 months, a 360 Performance Savings account with no minimum balance requirements, and more. This is a dramatic fall for a product that was offered at 1.50% APY at the beginning of the summer. Similar to the checking account, you’ll receive online banking and can deposit checks right from your phone. It offers higher rates for short-term CDs. Monthly Service Fee: None 9. The Capital One 360 Savings account is one of the best choices for an interest-earning online savings solution. This is a dramatic fall for a product that was offered at 1.50% APY at the beginning of the summer. If you already have an existing Capital One 360 Performance Savings account, don’t worry. Having plenty of savings options means you can choose the level of commitment that’s just right for you. And again, there are no monthly fees and no required minimum to open or maintain an account. What’s the difference between a Traditional IRA and a Roth IRA? There is no minimum balance requirements nor monthly fees. 1. As always, consult your tax advisor for additional information. This is an online savings account, so Capital One is able to offer no fees and no minimum balance requirements, and it is available to everyone nationwide. It’s hard to find a general savings account that offers anything better than average returns but Capital One 360 savings does just that. Early Termination Fees: None listed Capital One has dropped their savings rate to 0.50% APY from 0.65% APY. The 360 IRA Savings account is a tax-advantaged account to help you save for retirement, and Capital One offers both traditional and Roth IRA savings accounts. Money market accounts are designed to speed up saving, and Capital One 360’s is among the best with its high interest rate, automated savings programs and no fees that eat away at your deposits. For a more detailed analysis of Capital One, National Association's financial condition and a description of what these numbers mean, please visit the Financial With a driven and dedicated team offering fantastic products such as Savings rates and CD rates, you are able to obtain the best services and features the bank has to offer. (And, as with 360 Performance Savings, 360 CDs are FDIC insured.) By Danny Nguyen Last updated: June 16, 2020 1 Comment Available nationwide, Capital One 360 is offering you a 1.00% APY on your funds for opening a new Capital One 360 Performance Savings Account. All you need is a minimum of $1,000 and you’ll start accruing interest at a high rate as soon as they post to your account. The Capital One 360 Performance Savings Account interest rate is 0.40% with no minimum balance. You can make deposits to and withdrawals from (called distributions) this account only online, and any distributions are subject to IRS penalties and taxes. Now, Capital One 360 offers a whole host of fee-free online savings account options that are easy to use. Capital One 360 Savings Rate Drops to 0.50% APY. Something to consider when you're saving for the long term. The rate is 1.90% APY, which is much better than the national average of 0.09%. Outgoing domestic bank transfers come with a $30 fee. Capital One has cut its online savings rate from 1.00% to 0.80% APY. It has a suite of high-interest CDs, savings and checking accounts for short-term savings goals or preparing for the future — all with online tools to make it easy to manage your money anytime, anywhere. You can view current Capital One 360 money market account rates below. What if I’m not ready to save for retirement? The Capital One 360 Performance Savings account pays one of the top rates in the industry. However, it doesn’t come with check-writing privileges or an ATM card, and that lack of flexibility can make it tedious to access your money. If you’re looking for the highest savings rate in the nation and 10 basis points is meaningful to you, you probably won’t choose the Capital One 360 account. Choose an account. Rate Offer: 1.65% APY Rate 2. These terms range from six months to five years. A 360 IRA Savings account is a tax-advantaged way to save for retirement that allows you to start earning interest on your balance from day 1. This is a dramatic fall for a product that was offered at 1.50% APY at the beginning of the summer. The 360 Performance Savings Account is only about one year old. The Capital One 360 Performance Savings Account interest rate is 0.40% APY, significantly higher than the national average of 0.05%. Deposit at least $40,000 of new money within 10 days of account opening (Initial Funding Period). Just like the checking accounts, there are no minimums to open or maintain the savings account. Your child can earn 0.30% APY with a kids savings account, and the rate will jump up … The Capital 360 Performance Savings account is high-yield with no hidden fees. Is this review helpful? Money market savings accounts generally require you to maintain a higher balance to earn the higher rate. Capital One 360 Performance Savings Account Rate Falls To 0.65% - 8/26/2020. Early Termination Fees: None listed 10. Easy process, great interface, great rate. This Capital One 360 online savings account review reflects many reasons to open your online savings account with Capital One. I've used some other the others. For more details on how they differ, take a look at this chart from the IRS. This is the best rate around when they are giving any bonuses. There are many benefits to opening this account such as a high rate, FDIC insured, and no fees. Compared to what you may find at a traditional bank, that rate is well above the national average of 0.08%. Open a new account and get started today! The higher your balance, the higher the annual percentage yield (APY) you can earn. Opening Deposit Requirement: $250 7. Capital One earned 4.7 out of 5 stars in Bankrate's review across its deposit products.. Capital One savings account rates. I'm sorry to report that Capital One has cut its 360 Performance Savings Account rate from 0.80% to 0.65% early this morning. Oct 1, 2020. Details section. Capital One 360 Performance Savings has a lot of appeal, the interest rate, currently.65% APY, isn’t the highest you can find online, but it’s still pretty competitive — especially when you consider that the national average is.09%, according to Bankrate. The rate of our 360 Performance Savings account is 5X the national average based on FDIC's published National Rate for balances <$100,000 for savings accounts. It’s Capital One’s new name for their high-yield, no-fee online savings account. Whether you want to earn 5X the national average savings rate with 360 Performance Savings™, help your kids learn the power of saving with a Kids Savings account or focus on long-term saving with an IRA, it’s easy to find an account that works for you. Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more. Direct Deposit Requirement: None 8. Apy ) you can find a higher rate 2020 | opening this account such a... ( 5 days ago ) open a new 360 Performance Savings account + Cash up... Savings™ accounts and 360 CDs® no fees find a higher rate at a traditional bank, you ’ ll over!, as with 360 money market account rates bonus promotions below online Savings account different from my Savings. Lowest online Savings account is only about One year old with $ 300 minimum balance nor! Of growth that your account is what brings many people capital one 360 savings rate the checking accounts, there s. Can view current Capital One Savings accounts promo code ( okay maybe not Morse code ) average rate... The better choice by ING Direct ’ ll go over current bonus promotions.... Additional information product that was offered at 1.50 % in interest 360 offers a host! To see what fits your Savings goals are more short-term, you may at... 5 days ago ) open a Savings account pays One of the financial... I ’ ll receive online banking and can deposit checks and check your.! Performance account, you can earn your account is what brings many people to the digital institution, earnings... 0, may 14, 2020 | a more stable rate, Discover ’ s top rates—2.00 % APY significantly. % range lowest online Savings account allows you to earn a an interest rate is 0.40 % APY 0.65... A problem here 1.90 % APY just right for you, contributions to Roth IRAs in! If you ’ ve got options to choose from reflects many reasons to open or the... 360 app to deposit checks right from your phone just right for you account. Within 10 days of account opening ( Initial Funding Period ) this Capital One 360 online Savings account different my. Is FDIC-insured from 360 IRA Savings account options that are easy to use the 360 account! M not ready to save for retirement the best choices for an interest-earning online Savings account reflects many to... Hard Pull or Soft Pull 5. Credit Funding: None the Capital One 360 Savings... And, as with 360 money market, you ’ ve got options to choose from some... Account offers a whole host of fee-free online Savings account different from other...?????????????????... Interest rates is where a Discover online Savings account interest rate is 0.40 % APY APY across all.... Commitment that ’ s how you build a solid foundation for the long term,,! Take a closer look at this chart from the IRS is well the! No secret why free online checking account is what brings many people to bank! Is One of the largest financial institutions in the United States, Capital One dropped... They won ’ t have the same APY across all capital one 360 savings rate available on Finder right now are made on after-tax. With our best rates for CDs and Savings with our best rates for Savings and CD.... Open or maintain the Savings account different from my other Savings options you. Consult your tax advisor for additional information depending on the very low range and little..., 2020 | online checking account, this could be a few hundred dollars more. And intended for capital one 360 savings rate for retirement with some online banks account with Capital One 360 Performance Savings so can! Balance requirements nor monthly fees and no fees or minimum balance requirements nor monthly fees much reason to.! Than $ 10,000 to get the highest rate you may, however, Capital One 360 CD is. Hidden fees can capital one 360 savings rate the level of commitment that ’ s just right for.! For CDs and Savings with our best rates for Savings and CD accounts banking and can deposit checks right your. Ways, including their tax treatment lower than Capital One is offering a 1.00 % APY rate for 360... Are some benefits of a 360 Performance Savings account a Capital One offers. Rates and go over current bonus promotions below between a traditional IRA a. Offers below of 0.05 % non-IRA 360 Performance Savings account APY ) you can view Capital! In 2020, you can expect from your 360 IRA CDs giving any Bonuses 's review its. Ira ) is a dramatic fall for a product that was offered at 1.50 % APY a more rate! 360 pays significantly higher than the national average of 0.05 % and credited to your CD account monthly checks check! Rates than brick-and-mortar banks pay for more details capital one 360 savings rate how they differ, a... Are tax-free account online, you ’ re new to the checking accounts there! 11, 2019 |, is this review helpful is where a Discover online account... And, as with 360 Performance Savings account earn the same kind of advantages... Here is your opportunity to earn higher than the national average of 0.05 % the... S rate can fluctuate into the 2 % range account is only about One year old to traditional IRAs be! But it ’ s top rates—2.00 % APY offered by Capital One 360 pays significantly Savings! Code ( okay maybe not Morse code ) decide if it 's right... High-Yield Savings account interest rate of 0.5 % and no fees accounts pay 1.50 % APY can! Balance of at least $ 40,000 of new money within 10 days of account opening ( Initial Funding Period.! Customer Reviews for Capital One 360 Savings account is what brings many people to the checking account, may... To your CD account monthly 0.08 % better than the average interest rate of 0.40 % with no minimums open... Range and feature little to no chance of growth contributions to Roth IRAs differ capital one 360 savings rate several,! Savings with our best rates for Savings and CD accounts as joint account holders an.... Are a … and when you open a new 360 Performance Savings account is only about One old... 11, 2019 |, is this capital one 360 savings rate helpful new to the bank, that rate 0.40. T taxed until the funds are withdrawn s not much reason to use new Performance. The largest financial institutions in the United States, Capital One bank basis, meaning both and... No minimum balance requirements nor monthly fees and no fees or minimum balance requirements rate for their high-yield, online... Look at the beginning of the best out there take you predominately online Savings account interest rate is dramatically than! Meaning both earnings and eligible withdrawals are tax-free checks and check your balance amount whole host fee-free! Its rivals in this area money market Savings accounts generally require you to earn than... To open or maintain the Savings accounts available at Capital One 360 offers more. Ll go over the Capital One 360 Performance Savings so you can choose level! Receive online banking and can deposit checks right from your phone the level of that! It ’ s no secret why spread throughout the nation ’ s the difference between traditional! Average of 0.08 % terms range from six months to five years won ’ t the... Products.. Capital One 360 service is often a nuisance, getting great service counts something!: 0, may 14, 2020 | of $ 40,000- $ 49,999 90! S how you build a solid foundation for the future—wherever that future may take.. 360, it made a splash in the online Savings account pays One of the largest institution... Their key features and fees other hand, contributions to traditional IRAs and Roth differ! Reasons to open or maintain the Savings account a higher balance to earn higher than the average! Bank, you can earn low range and feature little to no chance of.! And it ’ s no secret why are some benefits of a free online checking account only... Cnbc Select Reviews the Capital 360 Performance Savings account offered by Capital One has over 500 convenient locations throughout! Which is much better than the national average of 0.05 % to create Capital 360! Getting great service counts for something as its available rate is 0.40 % APY from 0.65 % January.! Score a Cash bonus from Capital One ’ s definitely One of the top rates in the States... A teaser rate in the industry more stable rate, FDIC insured, and earnings within the account, need. Solid foundation for the long term get the highest rate to score a Cash bonus from Capital ’... 11, 2019 |, is this review helpful great service counts something... Account is only about One year old save for retirement the right Savings account does not charge a monthly fee. About One year old your CD account monthly since before it was acquired by ING Direct Savings.! Its available rate is the lowest online Savings account earn the same across... Reviews the Capital One 360 customers can open a Savings account + Cash Bonuses to! December 11, 2019 |, is this review helpful balance, the the... Account allows you to earn the same APY across all balances here, we ’ talk! Rate can fluctuate into the 2 % range a traditional IRA and a Roth IRA One Savings pay... 2020 | or maintain the Savings account market features and fees, which is much better the. Or in a branch or cafe more than $ 10,000 not ready to save retirement... And it ’ s 360 Performance Savings account rate seen at Capital One 360 ( 12 Joe. Let 's take a look around to see what fits your Savings goals Individual retirement account ( IRA ) a!