Capital One Bank Review 2025
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At a glance
Best big bank
Overview
Capital One is ideal for consumers looking for competitive rates and no monthly fees along with the experience of a full-service bank. It offers access to a wide network of no-fee ATMs and branch locations in select states.
News update: On April 18, 2025 U.S. bank regulators approved Capital One’s purchase of Discover Bank. The deal closed in mid-May 2025. Discover and Capital One products are still separate, but Discover is now a part of Capital One. Capital One checking customers will now have debit cards on the Discover network.
Highlights:
High APY Digital Leader No Monthly FeesHighlights:
CDs
Checking
Savings
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
These are sponsored offers rated highly by us for competitive rates, fees, and minimums.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.2/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Overall
Capital One Bank is among the 10 largest U.S. banks by assets. While it offers branches in a handful of states, customers can access accounts online from anywhere. The bank offers competitive rates on its savings and certificate of deposit accounts (CDs) and a free checking account that pays interest. There are no monthly fees or balance minimums, and you won’t need to worry about overdraft fees either.
Pros
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Capital One offers no-fee access to more than 70,000 ATMs.
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You’ll earn competitive rates on savings and CD accounts.
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Checking and savings accounts feature no minimum balance requirements.
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The mobile app is highly rated by iPhone and Android users.
Cons
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Bank branches are limited to certain states.
Capital One is one of the rare banks that offers a variety of deposit accounts — and they're all good.
You can often find an online bank that offers one stellar product, but rarely three like Capital One.
We want to know what you think about Capital One
Do you have experience with Capital One? Let us know your thoughts.
Capital One bank products
Capital One 360 Performance Savings
Pros
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The 360 Performance Savings account has no monthly services fees.
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The Capital One app allows you to make savings rules that automatically deposit money into your account.
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No minimum balance is required to open or maintain an account.
Cons
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The 360 Performance Savings account doesn’t include a debit card or an ATM card.
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Slightly higher rates can be found at other online-only banks.
The Capital One Performance Savings account is a solid account. And while it doesn’t offer the highest APY available, it does consistently offer a strong one, which can give you peace of mind as savings rates do fluctuate.
Rate history for Capital One's Savings account
See how rates for this account have changed over time. Interact with the trend lines to view APY by date.
Capital One 360 certificates of deposit
Pros
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No minimum deposit is required to open a CD.
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Capital One CDs have strong APYs
Cons
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Capital One Bank doesn’t offer specialty CDs such as no-penalty CDs or rate-bump CDs.
If you’re looking to build a CD ladder, Capital One could be a good option because it offers a wide range of CDs, from six months to five years, with good rates. And because there’s no minimum deposit required to open a CD, you can build your ladder with as much or as little as you want to put in each rung.
Rate history for Capital One's CD accounts
See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.
Capital One 360 Checking
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Overdraft fees:Great5/5Charges applied when a customer spends more money than is available in their account, resulting in a negative balance.NSF fees:Great5/5Non-sufficient funds fees are incurred when a transaction is attempted without enough money in the account to cover it.APY offering:0.10%5/5APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.ATM network:Great5/5Accessibility to ATMs for account holders within a specific network or financial institution, facilitating cash withdrawals and transactions.
Pros
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The 360 Checking account earns interest on all balances and requires no minimum balance.
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Customers have access to more than 70,000 ATMs in Capital One’s own network and the Allpoint and MoneyPass networks.
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Mobile app users can deposit cash at CVS and Walgreens stores.
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Capital One offers early direct deposit, which allows you to get paid up to two days earlier than usual.
Cons
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Some competitors offer higher rates on interest checking accounts.
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Capital One charges $30 for outgoing domestic wire transfers. That’s more than some banks charge for this service.
Capital One 360 Checking has all the best parts of the best online checking accounts — such as no monthly fees and no overdraft fees — with some added perks, too. You can deposit cash, for example, which some online banks don’t offer as an option.
Bank fees
| Fee | Charged? | |
|---|---|---|
| Overdraft fee | None | |
| Non-sufficient funds fee | None | |
| Account maintenance fees | None | |
| Excessive transaction fee | None |
Customer experience
Customer support
Physical presence. Capital One has more than 250 locations in select states for in-person banking, and it operates more than 55 Capital One Cafés, where customers can open accounts, as well as deposit cash and checks. Customers can also access more than 70,000 fee-free ATMs through Capital One's owned-and-operated machines, and the Allpoint and MoneyPass networks. Mobile app users can take advantage of the Add Cash in Store feature to deposit cash at CVS and Walgreens stores through a cashier.
Customer service hours. Deposit account holders can reach out to representatives over the phone daily from 8 a.m. to 11 p.m. ET. Automated services, including Capital One’s digital assistant Eno, are available 24/7.
Digital experience
Highly rated mobile app. Capital One’s mobile app’s high ratings are a result of more than 10 million user reviews. So people agree — it’s a good experience. But that noted, a Bankrate staff member with a Capital One account commented that the app lacked useful breakdowns of spending and saving patterns; instead, there’s just a very basic money in, money out module.
Digital assistant. If you’re so inclined, you can take advantage of Capital One’s digital assistant called Eno, which you can interact with on the app or over text. Eno can be used to check your balance, recent transactions, and payment dates. It can also be used to activate, lock or replace a card and even pay bills. “Eno is very easy to use, and I found it helpful when trying to find information on how to set up Apple Pay,” said a Bankrate staff member with a Capital One account. “Although when I asked it to explain how early direct deposit works, it couldn’t come up with an answer.”
Manage Funds
The above images were last updated on March 13, 2024.
Complaints
Data breach fine. The Office of the Comptroller of the Currency, a U.S. bank regulator, ordered Capital One to pay an $80 million fine because the bank failed to ”establish effective risk assessment processes prior to migrating significant information technology operations to the public cloud environment.” Moreover, the bank failed to correct these deficiencies in a timely manner, resulting in a massive data breach of their customer’s information in 2019.
CFPB lawsuit. The Consumer Financial Protection Bureau (CFPB) sued Capital One in January 2025, alleging that the bank “misled consumers about its 360 Savings accounts and obscured its higher-interest savings product from them,” according to a CFPB news release. The lawsuit alleges that Capital One created a “virtually identical product” — called 360 Performance Savings — dropped the yield on its previous product, and kept their customers in the dark about the new account. The CFPB says Capital One “cheated consumers out of more than $2 billion in interest payments” on its savings accounts. However, in February 2025, the CFPB dropped the lawsuit amid changes to its leadership under the second Trump administration.
Bankrate staff insight
“Knowing that I could get to a branch if necessary gives Capital One a big edge against the top online competitors who lack a physical presence,” says a Bankrate staff member who uses a Capital One account personally. “Although the branch network is on the thin side, so that’s one area that I can note that gives other big banks an edge for convenient access to in-person services.”
Disclosure: To enhance our product reviews, Bankrate employees often open accounts and provide feedback. They may have been compensated for their time and account maintenance, but this does not affect the integrity of their review.
How Capital One compares to other banks
Compare different account types offered by Capital One. Annual percentage yields (APYs) shown were updated between Oct. 22, 2025 and Oct. 28, 2025.
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Selected bank
Capital One savings account
Bankrate score
4.4
Bankrate Savings rating = 4.4/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
Most comparable
Ally Bank savings account
Bankrate score
4.4
Bankrate Savings rating = 4.4/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
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Bankrate score
Bankrate Savings rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
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APY
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Oct. 22, 2025 and Oct. 28, 2025.
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| 3.40% | 3.40% | |
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Minimum balance for APY
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| $0.00 | $0.00 | |
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Estimated earnings
Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
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| $1,700 | $1,700 | |
| Capital One’s 360 Performance Savings Account earns a competitive yield. It doesn’t require a minimum opening deposit and you won’t pay a monthly service fee with this account. Capital One is one of the few online banks that you can visit at a branch location to withdraw cash. | Ally Bank consistently offers a competitive yield on its Online Savings Account. The online bank doesn’t have the absolute highest yield, but it offers a competitive one and doesn’t have a minimum balance requirement or a monthly service fee. The bank offers mobile deposit, but you’ll need to transfer money to the Ally checking account or money market account if you want to access money in your savings from an ATM. | |
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APY offering:
3.40%
4/5
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.
Minimum balance for APY:
$0.00
5/5
The lowest deposit amount an account must have before it can earn interest.
Monthly service fee:
$0.00
5/5
A monthly charge a financial institution deducts from an account if certain requirements are not met.
Minimum balance to avoid fee:
$0.00
5/5
The lowest balance an account must maintain in order to avoid a fee.
Access to funds:
Good
4/5
A procedure that allows an individual or organization to access and manage the funds of another account holder.
|
APY offering:
3.40%
4/5
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.
Minimum balance for APY:
$0.00
5/5
The lowest deposit amount an account must have before it can earn interest.
Monthly service fee:
$0.00
5/5
A monthly charge a financial institution deducts from an account if certain requirements are not met.
Minimum balance to avoid fee:
$0.00
5/5
The lowest balance an account must maintain in order to avoid a fee.
Access to funds:
Good
4/5
A procedure that allows an individual or organization to access and manage the funds of another account holder.
|
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.
The lowest deposit amount an account must have before it can earn interest.
A monthly charge a financial institution deducts from an account if certain requirements are not met.
The lowest balance an account must maintain in order to avoid a fee.
A procedure that allows an individual or organization to access and manage the funds of another account holder.
Bankrate does not currently track additional product details for this bank.
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Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.
