No fees
No monthly or maintenance fees—you keep what you earn
No minimums
No minimum to open or keep your online savings account
COMPARE SAVINGS AND GROWTH ACCOUNTS
360 PERFORMANCE SAVINGS
Grow your savings with a high-yield rate
Earn a competitive savings rate—NaN variable annual percentage yield (APY). Plus, enjoy the flexibility to deposit or withdraw at any time.
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360 CDs
Save with a CD term that fits your financial goals
Choose a time commitment that makes sense for your savings and watch your money grow at a fixed rate over a set amount of time.
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KIDS SAVINGS
Make their allowance go even further
A kid-friendly savings account with grown up benefits. Your kids can earn a great rate while learning about saving and financial literacy, all with you right by their side.
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YOUR MONEY, MANAGED YOUR WAY
Bank securely
Your money is FDIC-insured, which means it’s protected by the US government up to allowable limits.
Keep what you earn
We don’t believe in monthly maintenance fees or balance minimums to open and keep your account. What you earn is what you keep in all of our savings and growth accounts.
Access almost anywhere
Deposit checks, make account transfers and manage automatic savings plans with the Capital One Mobile app. You can keep tabs on your kids’ accounts from your phone, too.
FREQUENTLY ASKED QUESTIONS
How does a savings account work?
Savings accounts allow you to make deposits and save toward your goals while earning interest on your money. Capital One 360 Performance Savings and Kids Savings accounts both offer variable APYs with the flexibility to deposit or withdraw at any time. A 360 CD, on the other hand, has a fixed rate and set term so you can choose a time commitment that works best for your goals while growing your money.
What is APY in a savings account?
APY (Annual Percentage Yield) refers to the total amount of interest you’d earn on the money you have in your savings account, including compounding interest, over a one-year period.
Are savings accounts FDIC-insured?
Most savings accounts are FDIC-insured. Capital One 360 Performance Savings accounts, 360 CDs and Kids Savings Accounts are all insured by the FDIC up to allowable limits.
What is a CD and how do they work?
With a certificate of deposit (CD) account, you can save money for a fixed amount of time, called a term. In return for leaving your money in the CD, you earn a fixed interest rate—unlike traditional savings accounts, which have variable interest rates that are subject to change. Capital One CD terms range from 6 months to 60 months. Keep in mind, you can’t access your money until your CD term ends without incurring a penalty.
Since CD account rates are often higher than traditional savings accounts, CDs are a great way to reach your savings goals faster using money that you don't need immediately.
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