Capital One vs. Chime
Compare rates, requirements, and features side-by-side to find the best option for you.
Capital One
360 Performance Savings
3.40%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Capital One
360 Performance Savings
Chime
Chime High-Yield Savings Account
Up to3.50%APYDec 6, 2025FDIC InsuredDirect Deposit ReqChecking BundleNo MinimumsGreat iOS AppGreat Android AppRange: 1.00% – 3.50%Show Fine Print & Trends Hide Details
Chime
Chime High-Yield Savings Account
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Comparison Analysis
Comparing Capital One vs. Chime
Why Capital One?
- ✓No checking account or direct deposit required
- ✓Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
Why Chime?
No distinct advantages found vs Capital One.
— Key Feature Differences —
Better Returns at $10,000
ChimeChime's Chime High-Yield Savings Account earns more on smaller deposits (approx. $350 vs $340/yr).
Best for Simplicity
Capital OneCapital One's 360 Performance Savings offers 3.40% APY with no bundling, direct deposit requirement or caps.
Best for All-in-One Banking
ChimeChime's Chime High-Yield Savings Account pays a superior APY for customers who also open a checking account.
Shared Benefits
Over a 1-year period, Chime's Chime High-Yield Savings Account pays $10 more interest on a $10,000 balance than Capital One's 360 Performance Savings.
Executive Summary
Chime's High-Yield Savings Account stands out with an APY of 3.50%, slightly higher than Capital One's 360 Performance Savings at 3.40%. Chime requires a qualifying direct deposit of $200 or more within the preceding 34 days, making it essential for eligibility, while Capital One has no such requirement. Both accounts have no minimum deposit and no maintenance fees, but Chime's account is online-only and designed to integrate with its checking account, offering an all-in-one banking experience. For those seeking simplicity without the need for direct deposit, Capital One remains a solid alternative.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
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See who beats both Capital One and Chime.
| Feature | Capital One | Chime |
|---|---|---|
| APY | 3.40% Verified: 12/6/2025 ↘︎ 0.10%90d Change | 3.50% Range: 1.00% - 3.50% Verified: 12/6/2025 ↘︎ 0.25%90d Change |
| Product Name | 360 Performance Savings | Chime High-Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | RequiredYou need to receive a qualifying direct deposit of $200 or more within the preceding 34 days |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.9 Android4.5 | iOS4.8 Android4.7 |
| BBB Rating | A+ | A+ |
| Next Steps |
Savings Comparison
Chime earns $63.6 more than Capital One.
Capital One
360 Performance Savings
Savings Breakdown
- Interest Earned+$2,050.50(10.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,050.50
Chime
Chime High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,114.10(10.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,114.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Capital One | Chime |
|---|---|---|
| 360 Performance Savings | Chime High-Yield Savings Account | |
Current APY | 3.40% | 3.50% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.5 | 12.5 |
Days Since Change | 66 | 51 |
10-Month High | 3.80% | 3.75% |
10-Month Low | 3.40% | 2.00% |
Adjustments / Mo | 0.39 | 0.19 |
Volatility Score | 0.032 | 0.195 |
How to read these metrics(Click to expand)
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