Capital One: Savings Account & Rates
Mission: Banksparency aims to make Capital One's savings account transparent and comparable to the market.
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 4.21% 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)
Our Take on Capital One
The Good
- Decent APY of 3.40%
- No minimum deposit or balance requirements
- No monthly maintenance fees
- Highly rated mobile apps (iOS: 4.9, Android: 4.5)
- Access to physical branches
Considerations
- Yield is below current market leaders
Capital One offers the 360 Performance Savings account with an attractive APY of 3.40%. This account features no minimum deposit or balance requirements, and there are no monthly maintenance fees. Additionally, customers can benefit from highly rated mobile apps, with scores of 4.9 for iOS and 4.5 for Android, as well as access to physical branches. Notably, there are no direct deposit requirements or fine print caveats to consider. However, it's important to note that the yield is below current market leaders.
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Capital One
| Feature | 360 Performance Savings |
|---|---|
APY | 3.40%Verified: 1/7/2026 |
APY Trend | Very StableNo rate changes in last 90 days |
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+$1,322.70(8.6%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,322.70
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 11 Months| Metric | 360 Performance Savings |
|---|---|
Latest APY | 3.40% |
Trend | Sideways |
Slope (bps/mo) | -3.3 |
Rate Changes / Mo | 0.34 |
Days Since Last Change | 98 |
High (-11m) | 3.80% |
Low (-11m) | 3.40% |
Draw-down | -10.5% |
Volatility (CV) | 0.034 |
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 350-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 | 3.40%Verified: 1/7/2026 | - |
APY Trend | Very StableNo rate changes in last 90 days | - |
| 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 3.40% with other banks
Alternatives to Capital One
Banks with Higher/Similar Savings APY
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