Capital One 360 Savings Account Interest Rate 2024: How It Compares

The Capital One 360 Performance Savings account has a strong annual percentage yield.
Margarette Burnette
By Margarette Burnette 
Updated
Edited by Yuliya Goldshteyn

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Capital One 360 Performance Savings™
NerdWallet rating 

The Capital One 360 Performance Savings account has an annual percentage yield of 4.35% with no minimum balance. It has an interest rate that is much better than the national average of 0.46%. But there are a few online savings accounts at other banks with higher savings rates.

Capital One 360 savings rate, fees

APY

4.35%.

How it compares

The average national rate for savings accounts is 0.46%.

Monthly fees

$0.

Minimum opening deposit

$0.

» Check out high-interest rate options with NerdWallet’s best high-yield online savings accounts.

Did you know...

Interest rate is the amount of interest paid on a bank account balance, expressed as a percentage. Interest is often paid daily or monthly. Annual percentage yield, or APY, is a percentage that reflects the total amount of interest you earn over one year.

How Capital One 360 compares to online banks

Capital One 360 offers online accounts with no monthly fees and above average rates that are often found with online savings accounts. There are also no minimum balance requirements. But while Capital One 360 is competitive, higher rates can sometimes be found elsewhere. (For more on this bank, check out NerdWallet’s full Capital One 360 review.)

» Looking for other ways to save? Read about Capital One 360’s CD rates.

SoFi Bank, N.A. logo
Learn More

Member FDIC

SoFi Checking and Savings

SoFi Bank, N.A. logo
APY

4.60%

Min. balance for APY

$0

BMO Alto logo
Learn More

Deposits are FDIC Insured

BMO Alto Online Savings Account

BMO Alto logo
APY

5.10%

Min. balance for APY

$0

Savings calculator

Investment details
Contribution frequency

Monthly

Annually

Years

Total Balance

$11,406.15

Principal valueTotal interest
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NerdWallet rating 

4.5

/5
SoFi Checking and Savings

at SoFi Bank, N.A., Member FDIC

APY

4.60%

With $0 min. balance for APY

Bonus

$300

Earn up to $300 with direct deposit. Terms apply.

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