To assist you in reaching your savings objectives, Capital One offers a variety of CDs with various terms. None of the terms demand a minimum opening deposit, and some offer excellent rates.
In Bankrate’s evaluation, Capital One received 4.6 out of 5 stars for its deposit products, while its CDs received 3.9 out of 5.
Capital One CD rates
Here’s an overview of Capital One’s CD rates.
|Account name||Term||APY||Minimum deposit|
|Capital One 360 CD||6 months||1.65%||None|
|Capital One 360 CD||9 months||1.65%||None|
|Capital One 360 CD||1 year||2.70%||None|
|Capital One 360 CD||18 months||2.40%||None|
|Capital One 360 CD||2 years||3.00%||None|
|Capital One 360 CD||30 months||3.00%||None|
|Capital One 360 CD||3 years||3.10%||None|
|Capital One 360 CD||4 years||3.15%||None|
|Capital One 360 CD||5 years||3.25%||None|
How Capital One’s CDs compare to banks with the highest yields
Although Capital One has increased their CD rates several times this year, regardless of term, they are still below the best APYs available. For instance, on a one-year CD, First Internet Bank and Bread Savings (formerly Comenity Direct) are two online banks that give better returns than Capital One, despite none of them providing branch banking.
When choosing where to save your funds, compare CD rates, available term lengths, and minimum deposit amounts (if any) at various banks. Finding the highest return feasible while making sure the term suits your timetable is the objective.