Betterment vs. Capital One
Capital One edges out Betterment slightly at 3.30% vs 3.25% APY. On a $10,000 balance, the difference is just $5 per year—so other factors may matter more.
The Bottom Line
The Betterment and Capital One savings accounts are very similar. Choose Capital One if you value in-person banking, or you want Zelle for quick transfers.
| Metric | BettermentCash Reserve Feb 6, 2026 | Capital One360 Performance Savings Feb 6, 2026 |
|---|---|---|
| APY | 3.25% | 3.30% |
Est. Earnings | $5,000+$163 $10,000+$325 $25,000+$813 | $5,000+$165 $10,000+$330 $25,000+$825 |
Min Deposit | $10 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Comparison Analysis
Comparing Betterment vs. Capital One
Executive Summary
Capital One offers a slightly higher APY of 3.30% on its 360 Performance Savings account compared to Betterment's Cash Reserve, which has an APY of 3.25%. Both accounts require no minimum balance or maintenance fees and do not mandate direct deposit. While Betterment's Cash Reserve is exclusively available online, Capital One provides access to both online and physical branches. Both savings accounts are FDIC insured, making them secure options for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Betterment?
No distinct advantages found vs Capital One.
Why Capital One?
- ✓Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
- ✓Fast transfers via Zelle® (up to $2,500 a day)
Shared Benefits
Over a 1-year period, Capital One's 360 Performance Savings pays $5 more interest on a $10,000 balance than Betterment's Cash Reserve.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
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Betterment vs. Capital One Savings Calculator
You earn $5 more with Capital One than Betterment on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Betterment
Cash Reserve
Savings Breakdown
- Interest Earned+$325.00(3.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,325.00
Capital One
360 Performance Savings
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $324 per year in interest.
Both Betterment and Capital One dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Betterment | Capital One |
|---|---|---|
| APY | 3.25% Verified: 2/6/2026 ↘︎ 0.25%90d Change | 3.30% Verified: 2/6/2026 ↘︎ 0.10%90d Change |
| Product Name | Cash Reserve | 360 Performance Savings |
| Minimum Deposit | $10 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | N/A | Monthly |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Physical Branches | None | Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C. |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | Yes | YesVerify FDIC |
| Zelle® Support | Not Supported | Available Limit: $2,500/dayAvailable for 360 Checking accounts. |
| BBB Rating | A- | A+ |
| Next Steps | Visit SiteVerify at Betterment Non-sponsored link to official site | Visit SiteVerify at Capital One Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Betterment | Capital One |
|---|---|---|
| Cash Reserve | 360 Performance Savings | |
Current APY | 3.25% | 3.30% |
Trend | Stable | Stable |
Velocity (bps/mo) | -7.3 | -3.3 |
Days Since Change | 55 | 29 |
12-Month High | 4.00% | 3.70% |
12-Month Low | 3.25% | 3.30% |
Adjustments / Mo | 0.25 | 0.33 |
Volatility Score | 0.081 | 0.035 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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More Comparisons
Compare Betterment's APY of 3.25% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Betterment vs Ally Bank | 3.30% | $0 |
| Betterment vs American Express | 3.30% | $0 |
| Betterment vs Axos Bank | 4.21% | $0 |
| Betterment vs Bank of America | 0.01% | $100 |
| Betterment vs Barclays | 4.00% | $0 |
| Betterment vs Chase Bank | 0.01% | $0 |
| Betterment vs Chime | 3.00% | $0 |
| Betterment vs CIT Bank | 3.75% | $100 |
| Betterment vs Citibank | 3.20% | $0 |
| Betterment vs Discover Bank | 3.30% | $0 |
| Betterment vs EverBank | 3.90% | $0 |
| Betterment vs Marcus by Goldman Sachs | 3.65% | $0 |
| Betterment vs Newtek Bank | 4.20% | $0.01 |
| Betterment vs Openbank | 4.09% | $500 |
| Betterment vs Pibank | 4.60% | $0 |
| Betterment vs SoFi Bank | 4.00% | $0 |
| Betterment vs Synchrony Bank | 3.50% | $0 |
| Betterment vs Varo Bank | 5.00% | $0 |
| Betterment vs Wealthfront | 3.95% | $0 |
| Betterment vs Wells Fargo | 0.05% | $25 |