Capital One CD Rates: How They Compare

Capital One 360’s CD rates are on par with other online CDs and the bank requires no minimum deposit.
Aug 31, 2022
Fidelity CD Rates: How They Compare

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. 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.

Capital One 360 CD rates

  • 1-year: 3.25% APY

  • 3-year: 3.40% APY

  • 5-year: 3.50% APY

Capital One 360 CD
NerdWallet rating 
Read review

Capital One 360’s CD rates are on par with other online high-yield CDs and there’s no minimum deposit requirement.

Capital One CD rates

6-month CD

2.00% APY

9-month CD

2.00% APY

1-year CD

3.25% APY

18-month CD

3.25% APY

2-year CD

3.30% APY

30-month CD

3.30% APY

3-year CD

3.40% APY

4-year CD

3.40% APY

5-year CD

3.50% APY

» Want more options? See the best CD rates

Frequently asked questions

Yes. As at most banks, funds saved in a CD at Capital One are insured by the Federal Deposit Insurance Corp., up to $250,000 per account.

There is no minimum to open a Capital One CD — you can open one with any amount. Some banks and credit unions have minimums such as $500 or even $10,000.

Rates fluctuate, but today, Capital One is offering a rate of 3.25% APY for a 12-month CD, 3.40% for a 3-year, and 3.50% for a 5-year CD. Read on for more rates and terms.

The short answer is, yes. Capital One 360 is the online banking division of Capital One, but the online division can also be called Capital One, so you can use either when discussing its online accounts and banking services.

More details about Capital One CDs

Minimum deposit

None.

Monthly fee

None, which is common for CDs.

Range of CD terms

6 months to 5 years.

Compounding period

Monthly. (This detail helps you estimate what you can earn using a CD calculator.)

Early withdrawal penalty

  • 3 months' worth of interest* for CDs of terms 1 year and shorter

  • 6 months' worth of interest* for CDs of terms longer than 1 year

  • *The penalty can include more than actual interest earned if the withdrawal occurs too early in the term.

    Grace period

    10 days after the CD's maturity date. Capital One CDs automatically renew, so this 10-day window is the only time to withdraw without getting hit by a penalty.

    Capital One IRA CD available?

    No; see other banks' options on our list of the best IRA CD rates.

    » Learn more about accounts on our Capital One review

    What to consider when opening CDs

    • Interest rates are fixed. If you open a Capital One CD today, its annual percentage yield will stay the same until the CD expires. This enables you to lock in a CD if rates are relatively high, though there is a risk of losing out if rates continue to rise. It’s hard to know when CD rates go up, but CD rates are trending upwards thanks to multiple Fed rate increases this year. Here’s a quick look at historical CD rates, including this year’s. Or, if you want a sample of rates each month, see current CD rates.

    • You lose interest if you withdraw early. CDs are built to keep your money out of sight, out of mind. If you dip into a Capital One bank CD before it expires, there’s an early withdrawal penalty, which means losing some or all the interest you earned.

    » On the fence about a CD? If there’s a chance you’ll need access to your money, look into the best high-yield savings accounts instead.

    LendingClub Bank logo
    Learn More

    Member FDIC

    LendingClub CD

    LendingClub Bank logo
    APY

    3.00%

    Term

    1 year

    LendingClub Bank logo
    Learn More

    Member FDIC

    LendingClub CD

    LendingClub Bank logo
    APY

    3.25%

    Term

    2 years

    More about Capital One

    Capital One 360, or Capital One, is an online bank with bank accounts, credit cards and loans for personal and business customers. Its three types of bank accounts — checking, savings and CDs — have solid rates and no monthly fees. Capital One has the rare combination of branches (and cafés) in a handful of states, a fee-free nationwide ATM network and a strong web offering with highly rated mobile apps and Twitter support.

    Online banks like Capital One generally have high-yield savings accounts and CDs with top rates and low minimums. Compare the best online banks or see the best high-interest bank accounts.

    Solid rates and terms

    Capital One 360 CD
    NerdWallet rating 
    Read review

    Capital One CDs are among the best, but if you want to compare more options, check out our list of best CD rates this month.

    How do CDs work?

    Learn more about the journey of choosing, understanding rates, opening and closing CDs.

    For choosing CDs:

    For understanding CD rates:

    For opening CDs:

    For closing CDs:

    See CD rates by term and type

    Compare the best rates for various CD terms and types:

    See CD rates by bank

    Here’s a quick list of CD rates at traditional and online banks and a brokerage:

    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.