Capital One vs. Openbank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
We earn a commission if you open an account through some links on this page.
Summary of Capital One vs. Openbank
Key Metrics at a Glance
| Feature | Capital One | Openbank |
|---|---|---|
| Top Savings APY | 3.40% 360 Performance Savings | 4.20% High-Yield Savings Account |
| Minimum to Open | $0 | $500 |
| Minimum Balance for Top APY | $0 | $0 |
Capital One
Strengths
- Capital One has over 200 branches across multiple states.
- Capital One's 360 Performance Savings offers a competitive APY of 3.40%.
- Capital One has an impressive App Store rating of 4.9.
Potential Drawbacks
- Capital One's APY has not changed in the last 30 days.
Openbank
Strengths
- Openbank's High-Yield Savings Account features a higher APY of 4.20%.
- Openbank has no maintenance fees and a low minimum deposit of $500.
Potential Drawbacks
- Openbank is not BBB Accredited and has a Not Rated BBB rating.
- Openbank has no physical branches for in-person banking.
- Openbank's App Store and Google Play ratings are both only 3.2.
→ As of November 12, 2025 Capital One offers an APY of 3.40% for its 360 Performance Savings account, with a minimum balance of $0, compared to Openbank's 4.20% APY for its High-Yield Savings Account, with a minimum balance of $0.
→ Openbank yields $80 more than Capital One on a $10,000 balance after one year. Capital One pays $340, while Openbank pays $420 - an APY advantage for Openbank.
Calculate Savings Growth for Capital One vs Openbank
Capital One - 360 Performance Savings
Total savings breakdown:
- Interest earned: $2,050.5 (10.23%)
- Total contributions: $13,000 (64.84%)
- Initial deposit: $5,000 (24.94%)
Your total balance
$20,050.50
Total balance: $20,050.5
Earnings: $2,050.5
Bank OverviewOpenbank - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Capital One's total earnings would be $513.8 lower than Openbank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Capital One's vs Openbank's Savings Accounts
| Capital One | Openbank | ||
|---|---|---|---|
| Product | 360 Performance Savings | vs | High-Yield Savings Account |
| APY | 3.40% (as of 11/12/2025) | 4.20% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | Yes | |
| Compound Frequency | Monthly | Monthly | |
| Minimum Deposit | $0 | $500 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.9/5 | 3.2/5 | |
| Google Play Rating | 4.5/5 | 3.2/5 | |
| BBB Rating | A+ | Not Rated |
Comparative Historical APY Insights (Last 9 Months)
| Capital One | Openbank | ||
|---|---|---|---|
| Product | 360 Performance Savings | vs | High-Yield Savings Account |
| Latest APY | 3.40 % | 4.20 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -3.6 | -4.0 | |
| Rate Changes / Mo | 0.35 | 0.35 | |
| Days Since Last Change | 43 | 114 | |
| High (-9 m) | 3.70 % | 4.75 % | |
| Low (-9 m) | 3.40 % | 4.20 % | |
| Draw-down from High | -8.1 % | -11.6 % | |
| Volatility (CV) | 0.027 | 0.028 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 260 days.
- Low (-9 m)
- Lowest APY in the last 260 days.
- Draw-down from High
- How far today sits below the 9-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.