Pros Explained

• Competitive interest rates: Performance Savings account consistently offers a high 澳洲幸运5开奖号码历史查询:annual percentage yield (APY).
• Mobile banking options: The mobile app is one of the best in the banking world. On top of the typical mobile features, it also includes free 澳洲幸运5开奖号码历史查询:credit score access and a card locking feature.
• No monthly maintenance fees: There are no monthly maintenance fees for 360 Checking and Performance Savings accounts.

Cons Explained

• Savings rates are never the highest: While Capital One 360 Performance Savings account has high rates, they are never the highest on the market.
• Few local branches: Branches are few and far between.

Who Is Capital One Best for?

Capital One should appeal to consumers looking for a💜 full-service, online bank. It may be a good fit for customers who want to:

• Earn a competitive APY through an online savings account
• Not pay monthly maintenance fees
• Do the majority of their banking online
• Access accounts and credit score from their phone

What Does Capital One Offer?

As a full-service online bank,💦 Capital One offers:🅰

• Savings accounts
• Checking accounts
• CDs
• Credit cards

Savings Accounts

360 Performance Savings

Performance Savings is Capital One 360's 澳洲幸运5开奖号码历史查询:high-yield savings account. It yields a 3.60% APY, wh🧸ich is higher than what many online banks offer, but not the highest available. Interest is earned regardless of your balance.

Performance Savings accounts come with:

• No minimum balance requirements
• No monthly maintenance fees

Kids Savings Account

Parents who want to open a savings account for their children should check out Capital One's Kids Savings account. Perfect for kids of all ages, this account also has no monthly maintenance fees or minimum balance requirements. It yields a 2.50% APY.

As a 澳洲幸运5开奖号码历史查询:custodial account, both parents and children can access a Kids Savings account, although transfers require logging in under the parent's account. Once a c🧸hild turns 18, the account is automatically converted into a 360 Savings account.

Checking Accounts

360 Checking

Capital One 360 also has a tiered rate interest-bearing checking account—3💖60 Checking—which currently earns a 0.10% APY for all tiers. Features include:

• First checkbook free
• No monthly maintenance fees
• No minimum balance requirements
• Capital One Debit Card
• Access to over 70,000 fee-free Capital One and partner ATMs

MONEY Teen Checking

The bank's other checking account is geared toward teenagers, although children ages eight and up are eligible to open one. MONEY Teen Checking accounts come with debit card access, but no check-writing privileges. Both teens and parents can access the account. Parents can also track account activity through text alerts and email notifications.

When teens turn 18, they have the option to open a 360 Checking account and transfer t💝he fundsꦰ over from their MONEY account.

CDs

360 CDs

CDs are available for a variety of terms ranging from six months to five years. Interest tops out at 4.00% APY, which is good compared to the 澳洲幸运5开奖号码历史查询:best CD rates availab💦le right now. There is no minimum deposit required.

There is a penalty if you decide to withdraw funds, other than the interest earned, before the end of your CD term. CDs for 12-month terms or less come with a penalty of three months' interest and those with longer terms levy a penalty of six months' interest. Customers with 360 CDs choose how interest is paid, either monthly or annually. Interest is transferred to another Capital One account or another linked bank account.

Credit Cards

Capital One offers a wide range of credit cards including travel rewards cards, cash back cards, a student card, a 澳洲幸运5开奖号码历史查询:secured card, and several business credit cards. He♑re are some of the ca𓂃rds available:

Travel Credit Cards

• 澳洲幸运5开奖号码历史查询:Venture Rewards
• 澳洲幸运5开奖号码历史查询:VentureOne Rewards
• 澳洲幸运5开奖号码历史查询:Spark Miles
• 澳洲幸运5开奖号码历史查询:Spark Miles Select

Cashback Credit Cards

• 澳洲幸运5开奖号码历史查询:Quicksilver Rewards
• 澳洲幸运5开奖号码历史查询:QuicksilverOne Rewards
• 澳洲幸运5开奖号码历史查询:Savor Rewards
• 澳洲幸运5开奖号码历史查询:SavorOne Rewards

Student Credit Card

• 澳洲幸运5开奖号码历史查询:Journey Student Rewards

Secured Credit Card

• 澳洲幸运5开奖号码历史查询:Platinum Secured

Business Credit Cards

• 澳洲幸运5开奖号码历史查询:Spark Cash
• 澳洲幸运5开奖号码历史查询:Spark Miles
• 澳洲幸运5开奖号码历史查询:Spark Cash Select
• 澳洲幸运5开奖号码历史查询:Spark Miles Select
• 澳洲幸运5开奖号码历史查询:Spark Classic

Other Financial Products Offered by Capital One

On top of personal banking products, Capital One also has a wide arr𒁏ay of other accounts and services including:

• 澳洲幸运5开奖号码历史查询:Auto loans
• Business accounts and services
• Commercial banking solutions

Capital One Customer Service

Cu🏅stomer servic🎃e is available in a variety of ways, including:

• Phone (877) 383-4802
• Mail

Customers can also track their accounts through a , which includes mobile deposit and bill pay features as well as access to your credit score and a card locking feature. The app has outstanding reviews, currently, a 4.8 out of fi𒆙ve on the and 4.5 rating on𒉰 as of May 2024.

How to Bank With Capital One

Capital One bank accounts are opened online through the Capital One website. Customers can use an existing Capital One login or create a new one. You'll need to input personal information like:

• Name
• Date of birth
• Mailing address
• Email address
• Phone number
• Employment and salary information
• Social Security number

Final Verdict

Capital One is a great banking option for individuals comfortablℱe doing most of their banking online. There are enough account options to appeal to a wide range of people. With few local branches, most banking is either done through an online account or Capital One’s mobile app. It’s not the right bank for you if you enjoy 𓆏stopping in at your local branch for an in-person banking service. While Capital One doesn’t offer the highest rates compared to other banks, its rates are consistently high overall.

Methodology

Investopedia is dedicated to providing consumers with unbiased, comprehensive reviews of banks. We collected over 20 data points across more than 80 banks including products available, interest rates, fees, and accessibility൲ to ensure that our content helps users make the right decision for their savings and banking needs.