BMW Bank vs Capital One 360 Savings: Which Pays More?
BMW Bank pays 4.15% APY through Raisin; Capital One 360 Performance Savings pays 3.20% with branches and a top rated app. Earnings, the STACK bonus and which fits you.
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BMW Bank pays more: 4.15% APY (checked at Raisin on Nov 6, 2026) against Capital One 360 Performance Savings at 3.20% APY (effective Nov 6, 2026). On $25,000 that is about $238 more interest a year, and new Raisin customers can add a cash bonus of up to $1,000 through Nov 30, 2026. Capital One wins on convenience: branches and Capital One Cafes, phone support from 8am to 11pm every day, and a highly rated app. Both have no monthly fees and are FDIC insured.
Capital One is one of the most popular places to keep savings, and it is easy to see why. BMW Bank High Yield Savings, opened through Raisin, pays almost a full percentage point more. Here is the trade off.
BMW Bank vs Capital One 360 at a glance
| BMW Bank High Yield Savings | Capital One 360 Performance Savings | |
|---|---|---|
| APY | 4.15% (checked Nov 6, 2026) | 3.20% (effective Nov 6, 2026) |
| Minimum to open | $1 | $0 |
| Monthly fee | None | None |
| How you open it | Through Raisin, a savings marketplace | Directly with Capital One, online or at a branch |
| Getting your money | Transfers to your linked bank through Raisin | Transfers online, in the app, by phone or at a branch; no ATM withdrawals straight from savings |
| Transfer limit | Per Raisin’s terms | Capital One reserves a limit of 6 per statement cycle but says it is not enforcing it |
| Support | Raisin | Phone, 8am to 11pm, 7 days a week |
| App rating | Raisin app: 2.9 App Store, 2.5 Google Play (Nov 3, 2026) | Capital One app: 4.8 App Store, 4.5 Google Play (Sep 28, 2026) |
| Cash bonus | STACK, up to $1,000 for new Raisin customers through Nov 30, 2026 | None on this account |
| FDIC insured | Yes, BMW Bank of North America (cert 35141), pass through via Raisin | Yes, Capital One, N.A. (cert 4297) |
BMW rate from Raisin’s BMW Bank page; Capital One terms from Capital One’s 360 Performance Savings page. Both checked Nov 6, 2026. Rates are variable.
How much more does BMW Bank pay?
| Balance | BMW Bank, 1 year | Capital One, 1 year | Difference |
|---|---|---|---|
| $10,000 | $415 | $320 | $95 |
| $25,000 | $1,038 | $800 | $238 |
| $50,000 | $2,075 | $1,600 | $475 |
Interest only, if both APYs stay the same for a year and nothing is withdrawn. A STACK bonus would be extra.
New Raisin customers can add a STACK cash bonus: $40 at $10,000, $100 at $25,000, $200 at $50,000, up to $900 at $200,000, plus $10 to $100 for opening a second product type. Code STACK at sign up, first deposit started by Nov 30, 2026, 11:59pm ET, money deposited within 14 days and kept on Raisin for 90 days. Details in our Raisin STACK bonus guide.
BMW Bank High Yield Savings
Earn 4.15% APY with BMW Bank's high yield savings, exclusively on Raisin- Limited time: use code STACK for a cash bonus up to $1,000*
- No direct deposit, account fees or balance requirements
- Deposits held by BMW Bank of North America, Member FDIC
- FDIC insurance up to $250,000 for individual accounts and $500,000 for joint accounts
When Capital One is the better pick
- You want to walk into a branch or Capital One Cafe for help.
- Your checking is already at Capital One and you like moving money between accounts instantly.
- You value a top rated app and long support hours.
When BMW Bank is the better pick
- The money will mostly sit, and the higher rate matters more than branch access.
- You have $10,000 or more to move now and can keep it there 90 days for the STACK bonus.
- You are fine managing the account on Raisin’s website.
Are both safe?
Yes. Capital One, N.A. is FDIC certificate 4297. BMW Bank of North America is FDIC certificate 35141, owned by BMW Financial Services NA; through Raisin, your money is held in a custodial account for your benefit and is eligible for pass through FDIC insurance. Both cover up to $250,000 per depositor, per ownership category. More in is BMW Bank legit?
Our take
If you want the higher rate on money you will leave alone, BMW Bank pays about $95 more per $10,000 each year at today’s rates. If you want a bank you can visit and an app you will enjoy using, Capital One is the more comfortable account. See our Capital One review, Amex vs Capital One and every option in our best high yield savings accounts.
Frequently asked questions
Does BMW Bank pay more than Capital One?
Yes, at our Nov 6, 2026 check. BMW Bank pays 4.15% APY through Raisin and Capital One 360 Performance Savings pays 3.20% APY. Both rates are variable.
Is Capital One 360 Performance Savings FDIC insured?
Yes. Capital One, N.A. is FDIC certificate 4297, and deposits are insured up to $250,000 per depositor, per ownership category.
Can I open BMW Bank savings at a branch?
No. Raisin says this BMW Bank account is available exclusively through its online platform.
Does Capital One limit savings withdrawals?
Capital One says it reserves the right to limit transfers to 6 per statement cycle but is not currently enforcing that limit.
Which has better customer service?
Capital One offers phone support from 8am to 11pm, 7 days a week, plus branches. BMW Bank’s account is serviced through Raisin.
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