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Capital One CD Rates: How They Compare

Aug. 15, 2019
Banking, CDs
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4.5 NerdWallet rating

Capital One’s certificate of deposit rates are among the highest you can find, and there’s no minimum deposit required.

Capital One CD rates

6-month CD0.60% APY
9-month CD0.80% APY
1-year CD2.40% APY
18-month CD2.55% APY
2-year CD2.35% APY
30-month CD2.35% APY
3-year CD2.40% APY
4-year CD2.45% APY
5-year CD2.50% APY

» Want more options? See the best CD rates

How Capital One CD rates compare

Capital One’s 360 CDs have solid rates, but some online banks offer even higher ones. Let’s compare:


4.5 NerdWallet rating

4.0 NerdWallet rating


4.0 NerdWallet rating



1-year APY


2.40%



3-year APY


2.40%


5-year APY



2.50%



Minimum deposit



No minimum






1-year APY


2.40%



3-year APY


2.50%


5-year APY



2.60%



Minimum deposit



$500






1-year APY


2.40%



3-year APY


2.50%


5-year APY



2.60%



Minimum deposit



No minimum




Compare more banks and CD rates here

» Learn more about accounts on our Capital One review

More details about Capital One CDs

Minimum depositNone
Monthly feeNone, which is common for CDs.
Range of CD terms6 months to 5 years
Compounding periodMonthly. (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 early enough.
    Grace period10 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?Yes; compare the best IRA CD rates

    What to consider when opening CDs

    • Interest rates are fixed. If you open a Capital One bank CD today, its annual percentage yield will stay the same until the CD expires. This benefits you if you lock in a CD before rates start dropping, but on the flip side, you’ll earn less on a CD if rates keep rising. It’s hard to know when CD rates will go up, since it depends on Fed rate hikes and other factors.
    • 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 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.

    Solid rates and terms

    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.

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