Capital One vs. Carver Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Capital One360 Performance Savings Jan 7, 2026 | Carver BankHigh Yield Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.40% | 4.00% |
Est. Earnings | $5,000+$170 $10,000+$340 $25,000+$850 | $5,000+$200 $10,000+$400 $25,000+$1,000 |
Min Deposit | $0 | $5,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Capital One vs. Carver Bank
As of Capital One offers an APY of 3.40% for its 360 Performance Savings account, with a minimum balance of $0, compared to Carver Bank's 4.00% APY for its High Yield Savings account, with a minimum balance of $5,000.
Carver Bank pays $60 more than Capital One on a $10,000 balance after one year. Capital One pays $340, while Carver Bank pays $400 - an APY advantage for Carver Bank.
Why Capital One?
- ✓Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
Why Carver Bank?
- ✓Higher potential APY (4.00% vs 3.40%)
— Key Feature Differences —
Better Returns at $10,000
Carver BankCarver Bank's High Yield Savings earns more on smaller deposits (approx. $400 vs $340/yr).
Better Returns at $25,000
Carver BankCarver Bank's High Yield Savings pulls ahead with larger amounts (approx. $1000 vs $850/yr).
Best for Simplicity
Carver BankCarver Bank's High Yield Savings offers 4.00% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Carver Bank's High Yield Savings pays $60 more interest on a $10,000 balance than Capital One's 360 Performance Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Carver Bank offers a High Yield Savings account with a competitive APY of 4.00%, making it the winner in this comparison. This account requires a minimum deposit and balance of $5,000 but has no maintenance fees if the minimum balance is maintained. In contrast, Capital One's 360 Performance Savings account provides a lower APY of 3.40% with no minimum deposit or balance requirements and no maintenance fees. Both accounts do not require direct deposit, but Carver Bank's product is online-only, while Capital One's account is accessible through various channels.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Top Market Contenders
Capital One vs. Carver Bank Savings Calculator
You earn $60 more with Carver Bank than Capital One 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.
Capital One
360 Performance Savings
Savings Breakdown
- Interest Earned+$340.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,340.00
Carver Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Capital One | Carver Bank |
|---|---|---|
| APY | 3.40% Verified: 1/7/2026 Stable (90d) | 4.00% Verified: 1/7/2026 Stable (90d) |
| Product Name | 360 Performance Savings | High Yield Savings |
| Minimum Deposit | $0 | $5,000 |
| Min. Balance for APY | $0 | $5,000 |
| Monthly Fee | $0 | $0, of minimum balance requirement met. Otherwise $6. |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.5 | iOS4.7 Android4.5 |
| Zelle® Support | Available Limit: $2,500/dayAvailable for 360 Checking accounts. | Available Full native integration in digital banking. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Capital One Non-sponsored link to official site | Visit SiteVerify at Carver Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Capital One | Carver Bank |
|---|---|---|
| 360 Performance Savings | High Yield Savings | |
Current APY | 3.40% | 4.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.2 | -1.0 |
Days Since Change | 98 | 309 |
11-Month High | 3.80% | 4.25% |
11-Month Low | 3.40% | 4.00% |
Adjustments / Mo | 0.35 | 0.09 |
Volatility Score | 0.032 | 0.017 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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