Capital One vs. Upgrade
Capital One edges out Upgrade slightly at 3.10% vs 3.05% APY. On a $10,000 balance, the difference is just $5 per year—so other factors may matter more.
The Bottom Line
The Capital One and Upgrade savings accounts are very similar. Choose Capital One if you value in-person banking, or you want Zelle for quick transfers.
| Metric | Capital One360 Performance Savings May 8, 2026 | UpgradePremier Savings May 8, 2026 |
|---|---|---|
| APY | 3.10% | 3.05% |
Est. Earnings | $5,000+$155 $10,000+$310 $25,000+$775 | $5,000+$153 $10,000+$305 $25,000+$763 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedRate Changes Often | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.10% APY.
Comparison Analysis
Comparing Capital One vs. Upgrade
Executive Summary
Capital One offers the 360 Performance Savings account with a competitive APY of 3.10%, which is slightly higher than Upgrade's Premier Savings account at 3.05%. Both accounts require no minimum deposit and have no maintenance fees, making them accessible options for savers. However, the Premier Savings account is online-only, while Capital One provides a more versatile platform. Neither account requires direct deposit, allowing for flexibility in funding. Overall, Capital One's higher APY positions it as the preferred choice for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Capital One?
- ✓Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
- ✓Fast transfers via Zelle® (up to $2,500 a day)
Why Upgrade?
No distinct advantages found vs Capital One.
Shared Benefits
Over a 1-year period, Capital One's 360 Performance Savings pays $5 more interest on a $10,000 balance than Upgrade's Premier Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Capital One vs. Upgrade Savings Calculator
You earn $5 more with Capital One than Upgrade 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+$310.00(3.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,310.00
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$305.00(3.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,305.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $304 per year in interest.
Both Capital One and Upgrade dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Capital One | Upgrade |
|---|---|---|
| APY | 3.10% Verified: 5/8/2026 ↘︎ 0.20%90d Change | 3.05% Verified: 5/8/2026 Stable (90d) |
| Product Name | 360 Performance Savings | Premier Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $1,000 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Monthly | Daily |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Physical Branches | Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C. | N/A |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $2,500/dayAvailable for 360 Checking accounts. | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Capital One Non-sponsored link to official site | Visit SiteVerify at Upgrade Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Capital One | Upgrade |
|---|---|---|
| 360 Performance Savings | Premier Savings | |
Current APY | 3.10% | 3.05% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.7 | -11.1 |
Days Since Change | 14 | 188 |
12-Month High | 3.60% | 4.02% |
12-Month Low | 3.10% | 3.05% |
Adjustments / Mo | 0.41 | 0.16 |
Volatility Score | 0.039 | 0.128 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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More Comparisons
Compare Capital One's APY of 3.10% with other banks
Compare Upgrade's APY of 3.05% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Upgrade vs Ally Bank | 3.10% | $0 |
| Upgrade vs American Express | 3.20% | $0 |
| Upgrade vs Axos Bank | 4.21% | $0 |
| Upgrade vs Barclays | 3.75% | $0 |
| Upgrade vs Chime | 3.00% | $0 |
| Upgrade vs CIT Bank | 3.75% | $100 |
| Upgrade vs Discover Bank | 3.30% | $0 |
| Upgrade vs EverBank | 3.90% | $0 |
| Upgrade vs Marcus by Goldman Sachs | 3.50% | $0 |
| Upgrade vs Newtek Bank | 4.20% | $0.01 |
| Upgrade vs Openbank | 4.00% | $500 |
| Upgrade vs Pibank | 4.40% | $0 |
| Upgrade vs SoFi Bank | 4.00% | $0 |
| Upgrade vs Synchrony Bank | 3.40% | $0 |
| Upgrade vs Varo Bank | 5.00% | $0 |
| Upgrade vs Wealthfront | 4.20% | $0 |