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Capital One 360 Savings Account Interest Rate: How It Compares

May 14, 2019
Banking, Banks & Credit Unions
Capital One 360 Savings Account Interest Rate: How It Compares
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4.5 NerdWallet rating
Capital One

at Capital One,

Member, FDIC

The Capital One 360 Performance Savings Account interest rate is 1.80% for all balances. That’s much better than the national average of 0.09%. But the annual percentage yields, or APYs, of online savings accounts at other banks are sometimes higher.

» Skip ahead to see how Capital One compares with two other banks.

Capital One 360 savings interest rate, fees

Interest rate on balances1.80%.
How it comparesThe average national rate for savings accounts is 0.09% APY.
Monthly fees$0.
Minimum opening deposit$0.

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

How Capital One 360 compares to online banks

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

Here’s a comparison of Capital One 360 savings rates with accounts at other top online institutions:

Capital One

at Capital One,

Member, FDIC


Goldman Sachs Bank USA

at Goldman Sachs Bank USA,

Member, FDIC

American Express National Bank

at American Express National Bank,

Member, FDIC

APY

1.80%






Monthly fees

$0






Bonus features

Automatic savings tool




APY

1.90%






Monthly fees

$0






Bonus features

Excellent CD options




APY

1.75%





Monthly fees

$0






Bonus features

24/7 customer service


See more high-yield savings accounts

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

Find out how much interest you could be earning with the calculator below. The higher the rate, the faster your money can grow.

Savings calculator

» Find this month’s highest APYs in NerdWallet’s best savings rates.

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