Capital One
Capital One 360 Performance Savings
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.
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
- +Frequent cash signup bonuses sweeten the below-leader rate
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 half a point versus the rate leaders and get cash deposits, in-person service, and one of the most polished banking apps in return. The recurring savings bonuses frequently make up the rate gap in year one. Just 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 2026-06-11
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