Capital One savings account rates
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Capital One is a full-service online bank that offers high-yielding savings accounts for adults and kids. Although you can find slightly higher yields elsewhere, Capital One’s interest rates are much higher than those offered by most other big banks and the accounts are easily accessible.
A Capital One savings account should only take around five minutes to open online, and you can access your money 24/7 through online banking or the mobile banking app. Additionally, there is no minimum deposit required and no monthly fee along with the high yield offered.
Capital One earned high marks in Bankrate’s review for its savings account but also across its deposit products. Capital One was also named the Best Big Bank as part of the 2024 Bankrate Awards.
Capital One savings account interest rates
Capital One offers a standard savings account for adults, known as the 360 Performance Savings, as well as an account designed for minors:
| Account name | APY | Minimum deposit |
|---|---|---|
| 360 Performance Savings | 3.70% | No minimum |
| Kids Savings Account | 2.50% | No minimum |
Note: Annual percentage yields (APYs) shown are as of Feb. 10, 2025 and may vary by region for some products.
Rate history for Capital One's savings account
See how rates for this account have changed over time. Interact with the trend lines to view APY by date.
How Capital One’s savings account compares to top-yielding banks
While the yield on Capital One’s 360 Performance Savings account is highly competitive, it’s possible to find higher rates elsewhere. EverBank, for example, offers a higher APY and charges no monthly fees with no minimum amount required to open its EverBank Performance Savings account.
Before settling on where to stash your savings, compare the best savings account rates. With a higher interest rate, you can set yourself up to achieve your financial goals a bit faster.
Other savings options at Capital One
In addition to the 360 Performance Savings, Capital One offers a Kids Savings Account geared toward children, to help get them into the habit of saving. The Kids Savings Account has no minimum balance requirement and is fee-free, although its yield is lower than the 360 Performance Savings Account.
For those savers looking for other options, Capital One CDs come in a variety of terms with no minimum balance requirement.
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