Capital One CD rates
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Capital One's 360 CDs offer competitive rates with zero minimum deposit across terms from 6 months to 5 years. That no-minimum feature sets them apart from competitors requiring $500 or $1,000 to start — but the rates themselves? They're good, but not the highest-yielding CDs out there.
If you already bank with Capital One and value the convenience of keeping everything in one place, these CDs make sense. But if you're purely rate-shopping, you'll find higher APYs elsewhere.
Capital One CD rates
Here’s an overview of Capital One’s CD rates.
| Term | APY | Min. deposit |
|---|---|---|
| 6 months | 3.50% APY | No minimum |
| 9 months | 3.50% APY | No minimum |
| 1 year | 3.90% APY | No minimum |
| 18 months | 3.75% APY | No minimum |
| 2 years | 3.60% APY | No minimum |
| 30 months | 3.60% APY | No minimum |
| 3 years | 3.60% APY | No minimum |
| 4 years | 3.60% APY | No minimum |
| 5 years | 3.60% APY | No minimum |
Note: Annual percentage yields (APYs) were last updated between Dec. 16 and Dec. 22 and may vary by region.
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.
Key features of Capital One CDs
Capital One 360 certificates of deposit offer several features that may appeal to savers:
- No minimum deposit requirement: Open a CD with any amount, making these accounts accessible to all savers.
- FDIC insurance: Your deposits are federally insured up to $250,000 per depositor, per account.
- Fixed rates: Lock in your rate for the entire term, protecting you from potential rate decreases.
- Automatic renewal: CDs automatically renew at maturity unless you choose otherwise.
- Early withdrawal penalties: If you withdraw funds before maturity, you'll face penalties that range depending on the term length.
How Capital One’s CDs compare to top-yielding banks
Capital One CD rates are below some other banks that offer top-earning CDs, including:
Moreover, some online banks such as Marcus by Goldman Sachs, also offer no-penalty CDs that allow you to withdraw the principal balance without a fee, while Capital One doesn’t currently offer this type of CD.
However, Capital One accounts don’t have a minimum deposit requirement, while Marcus requires at least $500 to open a CD.
When deciding where to park your savings, compare the best CD rates, available term lengths and minimum deposit amounts (if any) at several banks when deciding where to park your savings. The goal is to find the highest possible return while ensuring the term fits your timeline.
Other savings options at Capital One
If you're looking for more flexibility with your savings, Capital One offers alternatives to CDs:
- 360 Performance Savings: Capital One's savings account offers a competitive yield and doesn't have a minimum balance requirement. Unlike CDs, this account allows unlimited withdrawals.
- Money market account: Capital One also offers a money market account that provides check-writing privileges while earning interest. This account might be suitable for those who want more access to their funds than a CD provides.