Capital One CD rates

Here’s an overview of Capital One’s CD rates.

Note: Annual percentage yields (APYs) were last updated between April 23 and April 29 and may vary by region.

Key features of Capital One CDs

Capital One 360 certificates of deposit offer several features that may appeal to savers:

• No minimum deposit requirement: Open a CD with any amount, making these accounts accessible to all savers.
• FDIC insurance: Your deposits are federally insured up to $250,000 per depositor, per account.
• Fixed rates: Lock in your rate for the entire term, protecting you from potential rate decreases.
• Automatic renewal: CDs automatically renew at maturity unless you choose otherwise.
• Early withdrawal penalties: If you withdraw funds before maturity, you'll face penalties that range depending on the term length.

Capital One CD rates are below some other banks that offer top-earning CDs, including:

• Quontic Bank
• Vio Bank
• Synchrony Bank
• Bread Savings Bank
• Ally Bank

Moreover, some online banks such as Marcus by Goldman Sachs, also offer no-penalty CDs that allow you to withdraw the principal balance without a fee, while Capital One doesn’t currently offer this type of CD.

However, Capital One accounts don’t have a minimum deposit requirement, while Marcus requires at least $500 to open a CD.

When deciding where to park your savings, compare CD rates, available term lengths and minimum deposit amounts (if any) at several banks when deciding where to park your savings. The goal is to find the highest possible return while ensuring the term fits your timeline.