Capital One 360 Bank Review 2026: Checking, Savings and CDs
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Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own.
Overview
Capital One stands out with one of the best combinations of online bank perks — no checking or savings fees, a competitive savings rate and some high CD rates — and a brick-and-mortar presence. It offers a top-of-the-line bank experience with strong customer support and doesn’t charge any overdraft fees.
Editor's notes: On Jan. 14, 2025, the Consumer Financial Protection Bureau (CFPB) sued Capital One for allegedly cheating customers out of billions of dollars in interest from 2019 to 2024. In late Feb. 2025, it was reported that the CFPB dropped this lawsuit. We’ll update this page with more information when it is available.
On May 18, 2025, Capital One's acquisition of Discover was completed. Here's what that could mean for customers.
No overdraft fees.
No monthly fees.
Competitive rates on savings and some CDs.
Large, free, nationwide ATM network.
No minimum opening deposits.
No cash deposits at many partner ATMs.
Product reviews
Savings
Solid rate and no monthly fee: The Capital One 360 Performance Savings Account interest rate is 3.10% APY, significantly higher than the national average of 0.38%. There’s no minimum deposit required to open this account, and no monthly maintenance fee.
» SHOP AROUND: See the best high-yield savings accounts
Certificates of deposit
Solid CD rates and no opening minimum: Capital One 360 CD rates compare favorably to other banks and credit unions that NerdWallet analyzes. There's no minimum balance required, and if you end up withdrawing early, the most you pay is six months' worth of interest, even for five-year terms. Some banks charge a year of interest.
» Learn more details about Capital One CD rates
Full List of CD Rates
| Term | APY | Min Deposit |
|---|---|---|
| 6 months | 3.20% | $0 |
| 9 months | 3.20% | $0 |
| 1 year | 3.90% | $0 |
| 1.5 years | 3.60% | $0 |
| 2 years | 3.50% | $0 |
| 2.5 years | 3.50% | $0 |
| 3 years | 3.50% | $0 |
| 4 years | 3.50% | $0 |
| 5 years | 3.60% | $0 |
Capital One 360 CD
Checking
No monthly fee and interest-earning: It's somewhat rare to find a no-monthly-fee checking account that pays interest, but Capital One 360 Checking does: 0.10% APY on all balances. There's also no opening balance requirement.
Free nationwide ATM network: You can make free check deposits and cash withdrawals at Capital One-branded ATMs and ATMs in the Allpoint and MoneyPass networks, for a total of more than 70,000 ATMs. Some of these machines can be found at certain CVS®, Target and Walgreens locations. But note that you can deposit cash using an ATM only at Capital One-branded machines and certain Allpoint® partner ATMs. Another option for depositing cash is to add cash at a CVS or Walgreens store, which requires using the bank’s mobile app.
» CONSIDER: NerdWallet’s best checking accounts
Fast transfers available: Capital One is part of the Zelle network, which enables transfers to other banks within minutes. See other banks that use Zelle.
Early direct deposits available: You can get your paychecks up to two days sooner at Capital One. Check out other banks that also have early direct deposits.
Customer experience & overdraft fees
Customer experience
High app ratings and multiple support options: Capital One 360 accounts boast some of the best mobile experiences for a bank, earning high ratings from both iOS and Android users. And if you need to talk to a person, reps are available by phone every day from 8 a.m. to 11 p.m. EST. Eno, Capital One 360’s virtual assistant, is available through the app or by text, but there's no human support through live chat. There's X (Twitter) support and in-person help at Capital One Cafés as well.
A rare perk for an online bank: The bank has Capital One Cafés in select states; these locations are hybrid offices where you can explore banking options, speak to a representative, get beverages and snacks and use free Wi-Fi.
You'll find Capital One branches in fewer than 10 states plus Washington, D.C. Still, the bank has hundreds of branches, which isn’t common for online institutions, many of which don’t offer any branches at all.
Reputation for high customer satisfaction: Notably, in 2025 Capital One was the No. 1 bank in the J.D. Power National Banking Satisfaction Study for the sixth consecutive year.
Web experience
StrongMobile apps
Highly ratedPhone support
every day, 8 a.m. to 11 p.m. ETBranches
250+Overdraft fees
No overdraft fees: Capital One doesn’t charge fees for overdrafts or nonsufficient funds. More and more banks are eliminating or reducing overdraft fees, but some banks still charge more than $30 per overdraft, and some charge the fee multiple times per day.
Multiple ways to deal with overdrafts: Capital One customers have three options for dealing with overdrafts. You can:
Have the bank automatically decline transactions that would overdraw your account.
Set up free transfers from a linked savings or money market account to cover any overdrawing transactions (some banks charge $10 or more for this service).
Have overdrafts covered by the bank for no fee. You must make regular deposits to your checking account to be eligible for this overdraft option. (Note that this requirement means that new account holders aren’t immediately eligible for no-fee overdraft coverage.) When Capital One covers your overdrafts, you must deposit funds right away to cover the overdraft. If your balance remains negative, the bank can choose to deny additional overdrafts and could even close your account.
» CHECK OUT: Our list of the best banks for overdrafts
Rating methodology
How we rate banks and credit unions
Banking writers and editors use an objective methodology to rate banks, credit unions, and other providers, and to recommend the best products.
100+
Financial institutions reviewed
100+
Financial institutions reviewed
We took a close look at around 100 financial institutions and financial service providers, including the largest U.S. banks based on assets, internet search traffic and other factors; the nation’s largest credit unions, based on assets and membership; and other notable players in the industry. We rated them on criteria including annual percentage yields, minimum balances, fees, digital experience and more.
30+
Categories assessed
30+
Categories assessed
Each provider is evaluated across five weighted categories and 30 subcategories, including checking and savings accounts, certificates of deposit, customer experience, and overdraft services. For banks or credit unions without one or more types of accounts, the overall rating is modified to include only applicable categories. Institutions are not penalized if they don't offer every type of account.
60+
Data points analyzed
60+
Data points analyzed
We considered more than 60 data points for each provider. Depending on the category, these included account fees and rates (such as annual percentage yields), ATM and branch access, account features, account bonuses, customer service access and user-facing technology, such as innovative tools and mobile apps. We gathered this information for each financial institution from its website, a media representative or both.
Star rating categories
The review team is made up of seasoned writers and editors who cover personal banking deposit accounts, such as checking, savings and certificates of deposit, as well as related banking services, such as overdraft programs and ATM networks. For providers without one or more types of accounts, the overall rating is modified to include only applicable categories. Institutions are not penalized if they don't offer every type of account.
Financial institutions and providers surveyed are: Affirm, All America Bank, Alliant Credit Union, Ally Bank, Alto, Amalgamated Bank, American Express National Bank, Andrews Federal Credit Union, Associated Bank, Axos Bank, Bank of America, Bank5 Connect, Barclays, Bask Bank, BMO, Boeing Employees Credit Union, Bread Savings®, BrioDirect, Capital One, Cash App, CFG Bank, Charles Schwab Bank, Chase, Chime, CIBC U.S., CIT Bank, Citibank, Citizens Access, Citizens Bank, Climate First Bank, ConnectOne Bank, Connexus Credit Union, Consumers Credit Union, Current, Customers Bank, Discover® Bank, E*TRADE, EverBank, Fifth Third Bank, First Foundation, First Internet Bank, First Tech Federal Credit Union, FNBO Direct, Forbright Bank, FourLeaf Federal Credit Union, GO2bank, Golden 1 Credit Union, Hope Credit Union, HSBC Bank, Huntington Bank, Ivy Bank, KeyBank, Lake Michigan Credit Union, LendingClub Bank, Live Oak Bank, M&T Bank, Marcus by Goldman Sachs, My Banking Direct, NASA Federal Credit Union, Navy Federal Credit Union, NBKC, Newtek Bank, OMB Bank, OnePay, Openbank, PayPal, Peak Bank, Pentagon Federal Credit Union, PNC, Poppy Bank, Popular Direct, Quontic Bank, Regions Bank, Revolut, Salem Five Direct, Sallie Mae Bank, Santander Bank, SchoolsFirst Federal Credit Union, Security Service Federal Credit Union, Securityplus Federal Credit Union, Self-Help Credit Union, Service Credit Union, SoFi, State Employees’ Credit Union of North Carolina, Synchrony Bank, TAB Bank, TD Bank, Truist Bank, U.S. Bank, UFB Direct, Upgrade, USAA Bank, Valley Bank, Varo, Venmo, Vio Bank, Wells Fargo, Western Alliance Bank, Zolve and Zynlo Bank.
NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodologies for banks and credit unions and our editorial guidelines.