Capital One 360 Interest Rate Checking Review and Comparison

Capital One 360 offers a range of checking accounts with competitive interest rates, including the 360 Checking account that earns 0.20% APY.

The 360 Checking account has no monthly maintenance fees, making it a great option for those who want to earn interest without incurring extra costs.

With a minimum balance of just $0, you can open a 360 Checking account and start earning interest right away.

Capital One 360 also offers a 360 Performance Checking account that earns a higher interest rate of 0.40% APY, but comes with a $25 monthly maintenance fee if you don't meet certain requirements.

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Your money stays where it belongs: with you. Typically, you earn interest on your money in certificates of deposit (CDs) and savings accounts, but most checking accounts don't.

Capital One is different, though - you can earn interest with every online bank account, including checking, savings, and CDs. This means your money can grow over time, even when you're using it for everyday expenses.

With Capital One, you don't have to worry about your money sitting idle in a low-yielding account. You can earn interest on your money, no matter what type of account you choose.

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The 360 Checking account from Capital One 360 is a solid online checking option with no minimum balance or minimum to open. You won't pay any monthly fees or overdraft fees.

There are no fees for using ATMs within the network of over 70,000 Capital One, Allpoint, and MoneyPass ATMs. You can also deposit cash at CVS, Walgreens, or Duane Reade locations.

The account earns a bit of interest, but it's not much - just 0.10% APY. Still, it's better than nothing.

Here are the key details about the 360 Checking account:

You'll need to receive two direct deposits each of $500 or more within 75 days of account opening to activate the account.

When comparing Capital One's 360 Performance Savings account to other top-yielding banks, it's worth noting that EverBank offers a higher APY with no monthly fees and no minimum amount required to open its EverBank Performance Savings account.

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If you're looking to stash your savings elsewhere, consider the best savings account rates. With a higher interest rate, you can set yourself up to achieve your financial goals a bit faster.

Capital One offers a Kids Savings Account with no minimum balance requirement and no fees, although its yield is lower than the 360 Performance Savings Account. This account is geared toward children to help them develop the habit of saving.

Capital One's 360 Performance Savings account has a competitive yield, but you can find higher rates elsewhere. EverBank offers a higher APY with no monthly fees and no minimum amount required to open its Performance Savings account.

Capital One 360 has no minimum balance requirements or monthly fees, making it a great option for those who want simplicity. The interest rate is currently 3.70% APY on any balance.

One feature of Capital One 360 is that you can open up to 25 savings accounts, which can be useful for different savings goals. You can use them to keep your savings organized and on track.

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If you're not a fan of the 360 Performance Savings Account, don't worry - Capital One has other options to consider.

The Kids Savings Account is a great choice for parents who want to teach their kids about saving. It has no minimum balance requirement and is fee-free.

For savers who want to earn more interest, you might want to look into Capital One CDs. They come in a variety of terms and have no minimum balance requirement.

Capital One's CDs can be a good option for those who want to lock in a higher interest rate for a set period of time.

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With Capital One 360, you get a range of account features and benefits that make banking a breeze.

There's no minimum balance or minimum to open, and no monthly fees or overdraft fees, which is a huge relief for anyone who's ever been hit with unexpected fees.

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You can earn interest on your money, although it's not a lot - 0.10% APY is the rate for the 360 Checking account.

One of the best features is the access to over 70,000 free ATMs, including Capital One, Allpoint, and MoneyPass ATMs.

You can also deposit cash at CVS, Walgreens, or Duane Reade locations, which is super convenient if you don't have a Capital One branch nearby.

Here are some key account features at a glance:

With Capital One 360 Checking, you can earn interest on your money with every online account, which is a rare feature among banks. This means you can earn interest on your checking, savings, and CDs.

One of the biggest advantages of Capital One 360 Checking is its extensive network of fee-free ATMs. You'll have access to over 70,000 ATMs nationwide, making it easy to manage your finances on the go.

The mobile app is also highly rated and user-friendly, making all your banking transactions a breeze to handle. You can download it on either iOS or Android devices from the App Store or Google Play.

Here are some key benefits of Capital One 360 Checking at a glance:

The fees associated with the Capital One 360 Checking Account are minimal. You won't incur foreign transaction fees, so you can use your debit card outside the U.S. without any extra costs.

Some typical fees you can expect to incur include a $9 bounced paper check fee. The $7 or $11 checkbook fee is per 50 or 100 quantity, respectively.

You'll also find a $10 or $20 fee per cashier's check. It's best to stick to the over 40,000 Capital One and Allpoint ATMs, which are in-network and fee-free.

If you do use an out-of-network ATM, the ATM operator might charge you a fee, but Capital One won't. To avoid any potential fees, it's a good idea to check the ATM's network before using it.

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Here's a quick rundown of the overdraft fees:

The 360 Performance Savings account from Capital One has a highly competitive yield of 3.70% APY on any balance, with no minimum balance requirements or monthly fees.

This account is a great option for those looking to save money with ease, as you can deposit money directly into it and keep track of your savings goals.

One of the unique features of the 360 Performance Savings account is that you can open up to 25 individual savings accounts, each with its own account number, making it easy to manage multiple savings goals.

EverBank, for example, offers a higher APY and charges no monthly fees with no minimum amount required to open its EverBank Performance Savings account, so it's worth comparing rates before making a decision.

The Kids Savings Account from Capital One is another option, geared toward children and has no minimum balance requirement and is fee-free, although its yield is lower than the 360 Performance Savings Account.

Capital One also offers a variety of CDs with no minimum balance requirement, providing another savings option for those looking to grow their money over time.

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