Capital One vs Chime
High-Yield Savings Accounts Comparison

Last Updated: June 20, 2025

Summary of Capital One vs. Chime

As of June 20, 2025 Capital One offers an APY of 3.60% for its 360 Performance Savings account, compared to Chime's 3.75% APY for its Chime Savings Account account.

Chime yields $15 more than Capital One on a $10,000 balance after one year. Capital One pays $360, while Chime pays $375 - an APY advantage for Chime.

Capital One

Strengths

  • Capital One offers a 3.60% APY with no direct deposit requirement.
  • Capital One has an A+ BBB rating and is accredited.
  • Capital One has over 200 branches across several states.

Potential Drawbacks

  • Capital One's APY has not changed in the last 30 days.

Chime

Strengths

  • Chime offers a higher 3.75% APY, although it requires a direct deposit.
  • Chime has a 4.8 App Store rating and a 4.7 Google Play rating.

Potential Drawbacks

  • Chime has a B- BBB rating, indicating lower trustworthiness.
  • Chime requires a minimum balance of $0.01 in savings.
Summary: Capital One's 360 Performance Savings offers a stable 3.60% APY without direct deposit, alongside an A+ BBB rating and numerous branches. In contrast, Chime's Chime Savings Account provides a higher 3.75% APY but mandates a direct deposit and has a B- BBB rating, reflecting lower trust. Chime operates online only, lacking physical branches.

Compare Capital One's vs Chime's Savings Accounts

Capital OneChime
Product360 Performance SavingsvsChime Savings Account
APY
3.60% (as of 6/20/2025)1.25% - 3.75% (as of 6/20/2025)
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 APY3.60 %3.75 %
TrendSidewaysRising
Slope (bps/mo)-3.753.6
Rate Changes / Mo0.420.21
Days Since Last Change7482
High (-5 m)3.80 %3.75 %
Low (-5 m)3.60 %2.00 %
Draw-down from High-5.3 %0.0 %
Volatility (CV)0.0160.286
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 142 days.
Low (-5 m)
Lowest APY in the last 142 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: 3.60%

Total savings breakdown:

  • Interest earned: $36 (3.47%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (96.53%)

Your total balance

$1,036.00

Effective APY: 3.60% (based on your deposit and contributions)

Total balance: $1,036

Earnings: $36

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 $1.5 less than Chime.

More Comparisons

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