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

The Capital One 360 Performance Savings account has a strong annual percentage yield.

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Updated
Profile photo of Margarette Burnette
Senior Writer
Profile photo of Yuliya Goldshteyn
Assigning Editor
Fact Checked
Capital One 360 Performance Savings™
NerdWallet rating 

The Capital One 360 Performance Savings account has an annual percentage yield of 3.80% with no minimum balance. It has an interest rate that is much better than the national average of 0.43%. But there are a few online savings accounts at other banks with higher savings rates.

Capital One 360 savings rate, fees

APY

3.80%.

How it compares

The average national rate for savings accounts is 0.43%.

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.

AD
SoFi Bank, N.A. logo
Learn More

Member FDIC

SoFi Checking and Savings

SoFi Bank, N.A. logo
APY

4.00%

Min. balance for APY

$0

Forbright Bank Growth Savings

Forbright Bank logo
APY

4.60%

Min. balance for APY

$0

Barclays Tiered Savings Account

Barclays logo
APY

4.50%

Min. balance for APY

$0

U.S. Bank Smartly® Savings

U.S. Bank logo
APY

N/A

Min. balance for APY

$0

Savings calculator

Investment details

Years

Use the savings calculator to find out how much interest you could be earning in a high-interest savings account. The higher the rate, the faster your money can grow.

» Ready for the next step? Compare the best savings rates.

Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.