Capital One vs Chime
High-Yield Savings Accounts Comparison

Last Updated: July 15, 2025

Summary of Capital One vs. Chime

As of July 15, 2025 Capital One offers an APY of 3.50% for its 360 Performance Savings account, compared to Chime's 3.75% APY for its Chime Savings Account account.

Chime yields $25 more than Capital One on a $10,000 balance after one year. Capital One pays $350, while Chime pays $375 - an APY advantage for Chime.

Capital One

Strengths

  • Capital One offers a competitive APY of 3.50%, down from 3.60% last month.
  • Capital One has over 200 branches across several states for in-person banking.
  • Capital One has an excellent BBB rating of A+ and is accredited.

Potential Drawbacks

  • Capital One's 360 Performance Savings account does not require direct deposit.

Chime

Strengths

  • Chime offers a higher APY of 3.75%, unchanged from last month.
  • Chime has a strong Google Play rating of 4.7.
  • Chime's savings account has no maintenance fees.

Potential Drawbacks

  • Chime requires a direct deposit of $200 or more to qualify for the high APY.
  • Chime has no physical branches for in-person banking.
  • Chime has a lower BBB rating of B-.
Summary: Capital One provides a solid APY of 3.50% and an A+ BBB rating, along with physical branches. In contrast, Chime offers a higher APY of 3.75% but requires direct deposit and lacks branches, with a lower BBB rating of B-. Users may prefer Capital One for in-person service and trustworthiness, while Chime may appeal to those seeking higher interest rates with online banking.

Compare Capital One's vs Chime's Savings Accounts

Capital OneChime
Product360 Performance SavingsvsChime Savings Account
APY
3.50% (as of 7/15/2025)1.25% - 3.75% (as of 7/15/2025)
Bundled Account
NoYes
FDIC-insured
YesYes
Online OnlyNoYes
Compound Frequency
MonthlyDaily
Minimum Deposit$0$0
Minimum Balance for APY$0$0.01
Maintenance Fee$0$0
Direct Deposit Required
NoYes. You need to receive a qualifying direct deposit of $200 or more within the preceding 34 days
NoteN/AChime® is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. To open a savings account you must first open a checking account. To qualify for Chime+ with the 3.75% APY, you must have a Chime Checking account and receive a direct deposit of at least $200. Otherwise, the APY is 1.25%.
Visit Bank360 Performance SavingsChime Savings Account
App Store Rating4.9/54.8/5
Google Play Rating4.5/54.7/5
BBB RatingA+B-

Comparative Historical APY Insights (Last 5 Months)

Capital OneChime
Product360 Performance SavingsvsChime Savings Account
Latest APY3.50 %3.75 %
TrendSidewaysRising
Slope (bps/mo)-4.143.2
Rate Changes / Mo0.540.18
Days Since Last Change19106
High (-5 m)3.80 %3.75 %
Low (-5 m)3.50 %2.00 %
Draw-down from High-7.9 %0.0 %
Volatility (CV)0.0200.268
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 5 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 (-5 m)
Highest APY in the last 166 days.
Low (-5 m)
Lowest APY in the last 166 days.
Draw-down from High
How far today sits below the 5-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.

Calculate Savings Growth for Capital One vs Chime

All calculations are based on APY.

Capital One

APY: 3.50%

Total savings breakdown:

  • Interest earned: $35 (3.38%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (96.62%)

Your total balance

$1,035.00

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

Total balance: $1,035

Earnings: $35

Bank Details

Chime

APY: 3.75%

Total savings breakdown:

  • Interest earned: $37.5 (3.61%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (96.39%)

Your total balance

$1,037.50

Effective APY: 3.75% (based on your deposit and contributions)

Total balance: $1,037.5

Earnings: $37.5

Bank Details

After 1 year Capital One would earn you $2.5 less than Chime.

More Comparisons

Compare Capital One's APY of 3.50% with other banks
Compare Chime's APY of 3.75% with other banks