Capital One: Savings Accounts & Rates

Savings rates updated: 8/18/2025

Mission statement: Banksparency aims to make Capital One's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

Note: Interest rates below are reported as APY, or Annual Percentage Yield

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Savings Overview

360 Performance Savings: 3.50% APY(Rank 71 out of 81 tracked HYSAs)

Minimum Deposit: $0

Offered by the affiliated Discover Bank:

Online Savings Account: 3.50% APY(Rank 74 out of 81 tracked HYSAs)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: McLean, Virginia

Founded: 1994

Affiliation: Capital One Financial Corporation (NYSE: COF)

Access to Branches: Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.

Deposit Insurance: FDIC Cert # 4297

BBB Rating: A+ (BBB Accredited)

App Store Rating: 4.9/5

Google Play Rating: 4.5/5

Website: Visit Capital One

Our Take on Capital One

Highlights

Current APY of 3.50%, unchanged from 30 days ago.
No minimum deposit or balance requirements.
No maintenance fees for account holders.
High App Store rating of 4.9.

Considerations

Direct deposit not required, which may limit some users.
Limited branch access with over 200 locations.

Summary: Capital One offers a competitive 360 Performance Savings account with a 3.50% APY and no fees or minimums. The bank has an A+ BBB rating and is accredited, indicating strong trustworthiness. While the account is active and user-friendly, the limited branch access and direct deposit requirement may deter some potential customers. Overall, it is a solid choice for savers looking for high yields.

Savings Account: In-Depth View

Savings Account Offered by Capital One

Feature	360 Performance Savings
APY	3.50% (as of 8/18/2025)
APY Trend	-0.10% QoQ
Minimum Deposit	$0
Minimum Balance for APY	$0
FDIC-insured	Yes
Online Only	No
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Monthly
Maintenance Fee	$0
Eligibility	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for Capital One

All calculations are based on APY.

Savings Product:

360 Performance Savings (APY: 3.50%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,363.3 (8.87%)
Total contributions: $13,000 (84.62%)
Initial deposit: $1,000 (6.51%)

Your total balance

$15,363.30

Effective APY: 3.50% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Capital One Savings Rates Over Time

Historical APY Insights

Metric	360 Performance Savings
Latest APY	3.50 %
Trend	Sideways
Slope (bps/mo)	-4.2
Rate Changes / Mo	0.43
Days Since Last Change	53
High (-7 m)	3.80 %
Low (-7 m)	3.50 %
Draw-down from High	-7.9 %
Volatility (CV)	0.025

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 7 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-7 m): Highest APY in the last 208 days.
Low (-7 m): Lowest APY in the last 208 days.
Draw-down from High: How far today sits below the 7-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare Capital One's Savings Account

Affirm - 3.85% APY
All America Bank - 1.50-3.25% APY
Ally Bank - 3.50% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% APY
Bank5 Connect - 4.05% APY
Bank of America - 0.01% APY
Barclays - 3.90-4.10% APY
Bask Bank - 4.20% APY
Betterment - 4.00% APY
BMO Alto - 3.50% APY
Bread Savings - 4.25% APY
BrioDirect - 4.30% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.25-3.75% APY
CIBC Bank USA - 4.02% APY
CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
Discover Bank - 3.50% APY
Elevault - 4.60% APY
E*TRADE from Morgan Stanley - 4.00% APY
EverBank - 4.30% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.25% APY
Fitness Bank - 4.85% APY
Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.10% APY
Marcus by Goldman Sachs - 3.65% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.60% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.35% APY
Pibank - 4.60% APY
PNC - 3.95% APY
Poppy Bank - 4.25% APY
Popular Direct - 4.05% APY
Presidential Bank - 4.00-4.50% APY
Prime Alliance Bank - 4.05% APY
Primis Bank - 4.20% APY
Quontic Bank - 3.75% APY
RBMAX - 4.15% APY
Rising Bank - 4.30% APY
ROGER - 4.12% APY
Salem Five Direct - 4.01% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.03% APY
SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 3.05% APY
TIMBR - 4.40% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
Varo Bank - 2.50-5.00% APY
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	Capital One	Select a bank...
Product	360 Performance Savings	N/A
APY	3.50% (as of 8/18/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	No	N/A
Compound Frequency	Monthly	N/A
Minimum Deposit	$0	N/A
Minimum Balance for APY	$0	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A

Bank-to-Bank Comparisons

Compare Capital One's APY of 3.50% with other banks

Bank Pair	Best APY	Min Deposit
Capital One vs Ally Bank	3.50%	$0
Capital One vs American Express	3.50%	$0
Capital One vs Axos Bank	4.46%	$0
Capital One vs Bank of America	0.01%	$100
Capital One vs Barclays	4.10%	$0
Capital One vs Chase Bank	0.01%	$0
Capital One vs Chime	3.75%	$0
Capital One vs CIT Bank	4.00%	$100
Capital One vs Discover Bank	3.50%	$0
Capital One vs Fitness Bank	4.85%	$100
Capital One vs Marcus by Goldman Sachs	3.65%	$0
Capital One vs Presidential Bank	4.50%	$5,000
Capital One vs SoFi Bank	3.80%	$0
Capital One vs Synchrony Bank	3.80%	$0
Capital One vs UFB Direct	4.21%	$5000
Capital One vs Varo Bank	5.00%	$0
Capital One vs Wells Fargo	2.51%	$25