Capital One
Capital One 360 Performance Savings
By Alex Compton · Last verified
The only big-branch bank paying a real savings rate, with cafes to prove it
Insurance: FDIC insured up to $250,000 through Capital One, N.A.
Account Terms History
A dated record of APY, fees and opening requirements. New changes append to this table; prior terms remain visible.
| Observed | APY | Monthly fee | Minimum | Evidence |
|---|---|---|---|---|
| 2026-09-04 | 3.00% on all balances | $0 | None | Capital One deposits product rates API →Capital One's product page rendered a broken NaN placeholder, while its first-party deposits API returned six active balance tiers at 3.00% APY, effective June 2, 2026 |
| 2026-09-01 | 3.00% on all balances | $0 | None | Archive record · no attached snapshotPrior canonical snapshot before direct first-party API evidence was attached |
Primary-source verification log
Append-only evidence ledger- unavailable
Official page rendered NaN APY on September 4; current account terms are now withheld even though the prior successful check was recent
Fields: publicationStatus
Capital One 360 Performance Savings page → - changed
First-party API resolved the broken public-page APY placeholder and returned six active tiers at 3.00% APY
Fields: apy, termHistory, lastVerified, publicationStatus, bonusSlug
Capital One deposits product rates API → - confirmed
Official page reconfirmed no monthly fee, no minimum, monthly interest crediting, and no direct ATM withdrawal access
Fields: sections, faqs, ourTake
Capital One 360 Performance Savings page →
Features
- ▸No fees, no minimums, flat rate on every dollar
- ▸Physical presence: Capital One branches and cafes accept cash deposits
- ▸Multiple savings accounts under one login work like informal buckets
- ▸Kids and teen savings accounts in the same family view
- ▸Instant transfers to 360 Checking
- ▸Now the landing platform for migrating Discover deposit customers
Pros
- +The only major bank with branches paying within sight of online-bank rates
- +Cash deposits at branches and cafes — rare for a high-yield account
- +Genuinely zero fee structure across the whole 360 lineup
- +Capital One has historically offered periodic cash signup bonuses
Cons
- −3.00% is the lowest headline rate among the major online HYSAs
- −Rate cut from 3.10% in early June 2026 shows it follows the Fed down quickly
- −Older legacy 360 Savings customers were historically left on worse rates — check your exact account name
Our Take
Capital One 360 is the bridge between branch banking and online rates. You give up yield versus the rate leaders and get cash deposits, in-person service, and one of the most polished banking apps in return. Capital One has offered savings promotions historically, but no current public savings bonus was confirmed during this review. Confirm you hold 360 Performance Savings, not the legacy 360 Savings.
Best for: Savers who want online-bank rates without giving up branches and cash deposits
Open at Capital One →Last verified 2026-09-04
Is 3.00% good enough?
Not if yield is the only thing you care about. The rate leaders may pay more, so compare the current rates before moving a large balance. Capital One can still be a strong fit if you value what many online-only banks cannot offer: cash deposits at a branch or cafe, one login for checking, savings, kids' accounts, and credit cards, and the same rate on every balance tier. Legacy 360 Savings customers are the exception; that older product historically paid less, so check the exact account name in your app.
360 Performance Savings versus 360 Checking
They are built to be used together. 360 Checking is the spending account with 70,000+ fee-free ATMs, debit card, and no-fee overdraft; 360 Performance Savings is where the balance earns. Transfers between them are instant, so the practical setup is a small checking float with everything else in savings. Neither charges a monthly fee or requires a minimum, and both can be opened online in minutes.
Who should skip it
Skip it if you will never visit a branch and are willing to move money whenever another bank pays more. Skip it if you want a confirmed bonus right now: Capital One's savings promotions are periodic, and no public offer was substantiated on the product page during the September 4, 2026 review. If you keep more than $250,000 in cash, consider spreading deposits across ownership categories or institutions for broader FDIC coverage.
Frequently asked questions
What is the Capital One 360 Performance Savings interest rate?
3.00% APY on all balances as of September 4, 2026, with no minimum and no monthly fee. Capital One's first-party product-rates API lists the active standard rate as effective June 2, 2026; the APY is variable and can change.
Does Capital One 360 Performance Savings have a minimum balance?
No. There is no minimum to open, no minimum to earn the APY, and no monthly service charge. Every dollar earns the same rate from day one.
Is Capital One 360 Performance Savings FDIC insured?
Yes. Deposits are held directly at Capital One, N.A., a Member FDIC bank, and insured to $250,000 per depositor per ownership category. Joint accounts double the coverage.
Can I deposit cash into a Capital One savings account?
Yes. Cash can be deposited at Capital One branches and Capital One Cafes, or into a linked 360 Checking account at participating retailers and then moved instantly to savings. That is rare among high-yield savings accounts, most of which are online-only.
What is the difference between 360 Savings and 360 Performance Savings?
360 Performance Savings is the current product and pays the advertised 3.00% APY. 360 Savings is a legacy account that historically paid a fraction of that rate. If your app shows 360 Savings, open a 360 Performance Savings account and move the balance; there is no fee or minimum.
Is there a Capital One 360 Performance Savings bonus right now?
No public bonus was substantiated on Capital One's savings page during our September 4, 2026 review. Capital One has run deposit-tiered savings offers historically, so review the issuer's current offer terms before opening if a bonus matters to you.
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