Capital One 360 Performance Savings Review (2026)
Capital One 360 Performance Savings suits people who want savings, checking and some in-person access at one large bank, including cash deposits at Capital One locations. The one thing to know: the rate is middle of the pack, 3.10% APY on all balances on October 19, 2026 (variable), and the savings account has no ATM access of its own. There is no minimum and no monthly fee.
By Wealthy Pot Editorial · Facts checked October 19, 2026
Facts checked October 19, 2026 against Capital One 360 Performance Savings's own rate page, account disclosures and fee schedule (2 sources, listed below). We re-check prices about once a month. We do not earn a commission from Capital One.
Capital One 360 Performance Savings at a glance
| APY | 3.10% on all balances, as of October 19, 2026; variable [1] |
|---|---|
| Minimum | No minimum deposit to open and no minimum balance for the APY [2] |
| Monthly fee | $0 [1] |
| Interest | Compounded and credited monthly [2] |
| Deposits | Cash, check, ACH, domestic wire; mobile check deposit in the app [2] |
| Outgoing wire | $30 per domestic wire [2] |
| Cashier's check | $10 at a Capital One location [2] |
| ATM access | Not from savings; transfer to a checking account first [1] |
| Checking | 360 Checking, no fee and no minimum [1] |
| Saving tools | Several savings accounts by goal, recurring transfers, Autopilot, Paycheck Percentage [1] |
| In person | Capital One branches and Cafés (Cafés are not full branches) [1] |
| Joint accounts | Two or more owners; joint accounts with a minor too [2] |
Capital One 360 Performance Savings in official federal data
Rate compared with the national average
Capital One 360 Performance Savings's savings APY of 3.10% (as of October 19, 2026) is about 8.2 times the FDIC's national average for savings accounts, 0.38% (as of October 19, 2026). On $10,000 kept for a year, that is about $310 in interest against $38 at the national average, before tax and assuming the rate stays the same (variable savings rates rarely do).
Who holds your money
- Deposits are held by Capital One, National Association, FDIC certificate #4297, based in Mclean, VA, established May 22, 1933 according to the FDIC.
- FDIC insurance covers up to $250,000 per depositor, per insured bank, for each account ownership category. Money held at the same bank under another brand name counts toward the same limit.
- Size: $513 billion in deposits and $662 billion in total assets (June 30, 2026 call report). Primary federal regulator: Office of the Comptroller of the Currency.
Customer complaints filed with the CFPB
From October 2025 through September 2026, consumers sent the Consumer Financial Protection Bureau 4,260 complaints about checking or savings accounts at CAPITAL ONE FINANCIAL CORPORATION, about 8.31 per $1 billion of deposits; the company responded on time to 100%. Complaint counts grow with the number of customers and cover the whole company, including checking accounts, and the CFPB does not verify each complaint, so treat them as a rough signal. Read the complaints.
Sources: FDIC BankFind (certificate, deposits and assets), FDIC national deposit rates (October 19, 2026), CFPB Consumer Complaint Database (product "Checking or savings account"). Updated monthly.
How Capital One 360 Performance Savings works
360 Performance Savings is Capital One's online savings account, held at Capital One, N.A. One APY applies to every balance, with no minimum to open and no monthly fee. Unlike most online banks in our comparison, interest is compounded and credited monthly rather than daily, which makes only a small difference at these rates. Deposits can be made in cash, by check, ACH or wire, and by mobile check deposit. The federal data block on this page compares the rate with the FDIC national average.
You can open several savings accounts and name each for a goal. If you also have Capital One checking, Paycheck Percentage and Autopilot can move money into savings automatically. A hypothetical: you send 10% of a $3,000 monthly paycheck, $300, to savings at the start of each month for a year. You put in $3,600, and the average balance over the year is $300 x (12 + 11 + ... + 1) / 12 = $1,950. At 3.10%, that earns roughly $1,950 x 0.031 = $60 in the first year (a simple interest approximation; the rate is variable).
The savings account has no ATM access. To take out cash, you transfer to a checking account first, such as Capital One's no-fee 360 Checking. Capital One also has branches and Cafés; Cafés offer self-service banking and ATMs but not every branch service. Our emergency fund calculator can help set a savings target before you automate it.
Pros
- Cash deposits accepted, with branches and Cafés for in-person help
- No-fee 360 Checking at the same bank
- Paycheck Percentage and Autopilot for automatic saving
- No minimum to open or to earn the APY
Cons
- 3.10% APY trails the top online savings rates in our comparison
- No ATM access directly from savings
- $30 per outgoing domestic wire
- Interest compounds monthly, not daily
Who Capital One 360 Performance Savings fits, and who should skip it
A good fit if
- You want checking and savings at a large bank, with places to deposit cash in person.
- You want automatic saving from each paycheck and separate accounts for each goal.
- You want no minimum and no monthly fee.
Look elsewhere if
- You want a higher APY: Bread Savings paid 4.05% on our last check.
- You want an ATM card on the savings account itself: Synchrony offers one.
- You want savings buckets inside one account and 24/7 phone support: Ally.
Limitations to know
- To withdraw at an ATM, you first need to transfer money to a checking account. [1]
- External ACH transfers are subject to dollar limits that Capital One does not publish as a fixed figure. [2]
- Outgoing domestic wires cost $30 each, if Capital One agrees to send them. [2]
- Autopilot and Paycheck Percentage need both a Capital One checking and a savings account. [1]
- Capital One Cafés do not provide the same services as bank branches. [1]
Capital One 360 Performance Savings compared with alternatives
| Account | APY | Monthly fee | To open | For the APY | Insurance |
|---|---|---|---|---|---|
| Capital One 360 Performance Savings | 3.10% APY on all balances (Oct 2026) | $0 | $0 | $0 | FDIC-insured |
| Ally Bank | 3.10% APY on all balances (Oct 2026) | $0 | $0 | $0 | FDIC-insured |
| American Express Savings | 3.20% APY (Oct 19, 2026) | $0 | $0 | $0 | FDIC-insured (American Express National Bank) |
| Marcus | 3.50% APY (Oct 2026) | $0 | $0 | $0 | FDIC-insured (Goldman Sachs Bank USA) |
| Bread Savings | 4.05% APY (Oct 2026) | $0 | $100 | $100 | FDIC-insured (Comenity Capital Bank) |
- Pick Ally Bank if you want a similar rate with savings buckets and 24/7 phone support.
- Pick American Express Savings if you want another big-name account with a slightly higher rate.
- Pick Marcus if you want a higher rate and no limit on transfers.
- Pick Bread Savings if you want a higher APY and do not need branches.
Security and privacy
- Deposits are held at Capital One, N.A., an FDIC member. FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. [1]
- Capital One or Discover Bank deposit accounts opened on or after May 18, 2025 are counted together with your other Capital One deposits for the FDIC limit. [1]
- Mobile deposit limits are shown to you at the time you make each deposit. [1]
Recent changes
| Date | What changed |
|---|---|
| May 18, 2025 | Capital One and Discover Bank deposit accounts opened from this date are combined for FDIC insurance limits. [1] |
Capital One 360 Performance Savings FAQ
Is Capital One 360 Performance Savings FDIC insured?
Yes. Deposits are held at Capital One, N.A., an FDIC member, and insured up to $250,000 per depositor, per bank, per ownership category. Discover Bank accounts opened on or after May 18, 2025 count toward the same limit.
What is the Capital One 360 savings rate today?
Capital One showed 3.10% APY on all balances on October 19, 2026. The rate is variable.
Does Capital One 360 Performance Savings have a minimum?
No. There is no minimum deposit to open and no minimum balance to earn the APY, and no monthly fee.
Can I deposit cash into Capital One 360 savings?
Yes. The account disclosure allows deposits by cash, check, ACH and domestic wire, and you can deposit checks in the mobile app.
Can I use an ATM with Capital One 360 savings?
Not directly. You transfer money to a checking account, such as 360 Checking, and withdraw from there.
How we researched this review
We did not get paid for this page. On October 19, 2026 we read Capital One 360 Performance Savings's own rate page, account disclosures, fee schedule and help pages, quoted each fact and link every one below. FDIC and CFPB figures come straight from the agencies' public data. We did not open an account to test it, and we do not rate banks with stars. Savings rates are variable; we re-check them about once a month.
Sources
- Capital One, 360 Performance Savings, checked October 19, 2026.
- Capital One, 360 Performance Savings account disclosures, checked October 19, 2026.
Head-to-head comparisons
This review is for general information, not financial advice. Savings rates are variable and can change at any time; confirm the current APY with the bank before opening an account.