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Capital One 360 Performance Savings Review
Our take: A no fee, no minimum savings account from a major bank that you can manage online, in a top rated app or in person at a branch. The rate is decent rather than top of the market.
Pros
- No minimum deposit, no minimum balance and no monthly fee
- One rate on every balance with no monthly rules
- Branches and Capital One Cafes for in person help
- Highly rated mobile app
Cons
- 3.20% APY is below the top accounts on our list
- No ATM access directly from savings
- $30 fee for outgoing domestic wires
Key facts
- APY
- 3.20%
- Requirements
- None
- Minimum to open
- $0
- Minimum to earn APY
- None
- Monthly fee
- No monthly fee
- ATM access
- None, transfers only
- Current offer
- None right now
- Insurance
- FDIC insured up to $250,000 per depositor, per ownership category
- FDIC certificate
- 4297 (Capital One, N.A., McLean, VA)
- Who can open
- US citizens and permanent residents 18 or older with a US address, US mobile number and SSN or ITIN
- Mobile app
- Capital One app: 4.8 on the App Store, 4.5 on Google Play (Sep 28, 2026)
- Customer service
- 1-800-655-2265, 8am to 11pm, 7 days a week
Source: Capital One website, checked Oct 27, 2026. Insurance details from the FDIC BankFind database.
Our verdict
Capital One 360 Performance Savings is a dependable, no fee savings account from one of the largest US banks. It pays 3.20% APY on every balance, with no minimums and no monthly rules, and it is one of the few high yield accounts you can also manage in person at a branch or Capital One Cafe.
The trade off is the rate, which sits below the leaders in our ranking. If in person help and a big bank name matter to you, it is a strong choice; if you only want the highest rate, look higher on our list.
How the rate works
Capital One says the rate applies to all account balances and was effective as of Oct 27, 2026. It is variable and can change before or after you open the account. Interest compounds and is credited monthly.
What $10,000 earns: about $320 in a year, assuming the rate does not change.
Fees and minimums
There is no minimum opening deposit, no minimum balance and no monthly fee. An outgoing domestic wire costs $30.
Access to your money
You can transfer money online or in the app, and withdraw by website, app, phone or at a branch. You cannot withdraw from this savings account at an ATM; move the money to a checking account first. Capital One reserves a limit of 6 transfers per statement cycle but says it is not currently enforcing it.
Is Capital One safe?
Capital One, N.A., based in McLean, Virginia, is FDIC insured under certificate 4297, which we confirmed in the FDIC BankFind database. Deposits are insured up to $250,000 per depositor, per ownership category.
Who it is best for
- People who want an online savings rate with the option of in person help
- Existing Capital One customers who want everything in one app
- Savers who want no minimums, fees or rules
Who should look elsewhere
- Rate chasers; Peak Bank and Happen Bank pay more
- Anyone who wants ATM access straight from savings
Thinking about locking in a rate? See Capital One 360 CD rates for every term and penalty.
How we rated it
360 Performance Savings scores 4.4 out of 5. It earns top marks for fees and requirements and scores well on app and access, and loses points on rate. Read the full methodology.
How Capital One compares
| Account | Rating | APY | Min to open | ATM card |
|---|---|---|---|---|
| Elevault High Yield Savings | 4.6 | 4.34% | $0 | No |
| EverBank Performance Savings Account | 4.6 | 4.20% | $0 | No |
| Happen Bank LevelUp Savings | 4.6 | 4.20% | $0 | Yes |
| Bread Savings High Yield Savings Account | 4.6 | 4.05% | $100 | No |
| Peak Bank Envision High Yield Savings | 4.5 | 4.27% | $100 | No |
| Newtek Bank Personal High Yield Savings Account | 4.5 | 4.20% | $100 | No |
| Openbank High Yield Savings Account | 4.5 | 4.00% | $500 | No |
| E*TRADE Premium Savings | 4.5 | 3.75% | $0 | No |
| Axos ONE Savings | 4.4 | 4.21% | $0 | Yes |
| Always.bank High Yield Savings Account | 4.4 | 4.10% | $0 | No |
| Barclays Tiered Savings | 4.4 | 3.50% | $0 | No |
| Capital One 360 Performance Savings | 4.4 | 3.20% | $0 | No |
| Valley Direct High Yield Savings | 4.3 | 3.30% | $1,000 | No |
| Ally Bank Savings Account | 4.3 | 3.20% | $0 | No |
| American Express High Yield Savings Account | 4.3 | 3.20% | $0 | No |
| Pibank Savings | 4.2 | 4.40% | $0 | No |
| Western Alliance Bank High Yield Savings Premier | 4.2 | 3.80% | $500 | No |
| Ivy Bank High Yield Savings Account | 4.1 | 4.00% | $2,500 | No |
| SoFi Checking and Savings | 4.1 | 3.30% | $0 | Yes |
| Alto Online Savings (BMO) | 4.0 | 3.00% | $0 | No |
Capital One savings FAQ
What is the Capital One 360 Performance Savings rate?
Capital One advertises 3.20% APY on all balances, effective as of Oct 27, 2026. The rate is variable and can change before or after you open the account.
Is there a minimum deposit for Capital One 360 Performance Savings?
No. There is no minimum opening deposit, no minimum balance and no monthly fee.
Is Capital One FDIC insured?
Yes. Capital One, N.A. is FDIC insured under certificate 4297 and is based in McLean, Virginia.
Can I use an ATM with 360 Performance Savings?
Not directly. Capital One says you cannot withdraw from this savings account at an ATM; move money to a checking account first.
Does Capital One limit savings withdrawals?
Capital One reserves the right to limit transfers to 6 per statement cycle, but its disclosures say it is not currently enforcing that limit.
Ready to open Capital One 360 Performance Savings?
Rates as of Oct 27, 2026. Confirm the current rate and terms on the provider’s site before you apply.
Capital One 360 Performance Savings rate history
Every change we found to this account’s rates in our checks of the bank’s website, newest first, with the date the bank gives for each rate. See every bank on our rate change tracker.
| Rate as of | Account | Term | Change | Direction |
|---|---|---|---|---|
| Oct 26, 2026 | 360 Performance Savings | Standard rate | 3.10% to 3.20% APY | Raised |