Capital One: Savings Account & Rates
Mission: Banksparency aims to make Capital One's savings account transparent and comparable to the market.
Analysis of Capital One
Our verdict
Capital One offers 360 Performance Savings, a high-yield savings account paying 3.00% APY with no minimum deposit.
At 3.00% APY, Capital One pays 8x the national average (0.38%). Ranks in the top tier of 97+ accounts tracked.
Ideal User Profile
- Best for: simple saving without extra requirements, quick transfers with Zelle, and having a branch nearby when you need one.
Key Differentiators
- Stands out with top-rated iOS app (4.8), highly-rated Android app (4.5), A+ BBB rating, in-person banking available, Zelle for instant transfers.
Savings Overview
360 Performance Savings
| Min. Deposit | $0 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.10% APY.
Also see affiliated bank: Discover Bank
View productsBank Overview
- HQ LocationMcLean, Virginia
- Founded1994
- AffiliationCapital One Financial Corporation (NYSE: COF)
- Ratings & Trust
- Zelle® SupportAvailableDaily Limit: $2,500Available for 360 Checking accounts.
- Deposit InsuranceFDIC Insured(Cert: 4297)
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Capital One
| Feature | 360 Performance Savings |
|---|---|
APY | 3.00%Verified: 7/6/2026 |
APY Trend | Rate Adjusted -0.20% Since 90 days ago |
Min. Deposit | $0 |
Min. Balance | $0 |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | Yes |
Compounding | Monthly |
FDIC Insured | Yes |
Eligibility | United States |
| Next Steps | - |
Calculate Savings for Capital One
Savings Breakdown
- Interest Earned+$1,161.10(7.7%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,161.10
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
Last 12 Months| Metric | 360 Performance Savings |
|---|---|
Latest APY | 3.00% |
Trend | Sideways |
Slope (bps/mo) | -4.5 |
Rate Changes / Mo | 0.41 |
Days Since Last Change | 34 |
High (-12m) | 3.50% |
Low (-12m) | 3.00% |
Draw-down | -14.3% |
Volatility (CV) | 0.048 |
How to read these metrics▼
Trends & Velocity
- Trend
- The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
- Slope (bps/mo)
- Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
- Rate Changes / Mo
- "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.
Risk & Range
- High/Low
- The absolute ceiling and floor of the rate during the 365-day window.
- Volatility Score
- Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
- Days Since Change
- If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.
Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.
Compare with Capital One
| Feature | Current View Capital One | Empty Slot |
|---|---|---|
| Product | 360 Performance Savings | - |
APY | 3.00%Verified: 7/6/2026 | - |
APY Trend | Rate Adjusted -0.20% Since 90 days ago | - |
| Min. Deposit | $0 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | Yes | - |
| Eligibility | United States | - |
Compounding | Monthly | - |
FDIC Insured | Yes | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare Capital One's APY of 3.00% with other banks
Alternatives to Capital One
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
Barclays
Tiered Savings: 3.65% APY
Minimum Deposit: $0
Online Only
Online Savings: 3.30% APY
Minimum Deposit: $0
Online Only
Ameriprise Bank
Savings Account: 3.05% APY
Minimum Deposit: $100
Online Only
My Banking Direct
High Yield Savings Account: 3.90% APY
Minimum Deposit: $500
Online Only
Ally Bank
Savings Account: 3.10% APY
Minimum Deposit: $0
Online Only
Pibank
Pibank Savings: 4.10% APY
Minimum Deposit: $0
Online Only
American Express
High Yield Savings Account: 3.10% APY
Minimum Deposit: $0
Online Only
ROGER
ROGER Savings: 3.61% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only
TAB Bank
TAB Save: 3.61% APY
Minimum Deposit: $1,000
Online Only
First Foundation Bank
Online Savings: 3.75% APY
Minimum Deposit: $1,000
Online Only
Synchrony Bank
High Yield Savings: 3.30% APY
Minimum Deposit: $0
Online Only
High Plains Bank
High Yield Savings Account: 3.82% APY
Minimum Deposit: $25
Affirm
Affirm Money Account: 3.20% APY
Minimum Deposit: $0
Online Only