Certificates of Deposit Certificates of Deposit

Capital One Certificates of Deposit
Earn more interest rate in a stable and secure way. Compare Capital One Certificate of Deposits Interest rate to National average interest rate of Certificate of Deposit.
  • What is a Certificate of Deposit?
    A Certificate of Deposit (CD) is a savings certificate that entitles the holder to receipt of interest. CDs tend to offer higher interest rates than a traditional savings accounts because the holder commits to a fixed rate for a set term. And Costco members receive an exclusive rate on CDs. Capital One features CDs in terms of 18 months, 3 years, 5 years and 7 years with a minimum investment of $5,000. Costco Executive Members get a $60 member incentive and Gold Star and Business Members get a $20 member incentive on your CD.* To qualify, this must be your first Direct Banking account of any kind opened through the Costco program.
  • Fixed rates exclusively for Costco members
    Check out our fixed rates, just for Costco members, and back by FDIC insuance.
  • No fees to open or maintain your account
    As long as you don't withdraw money before the term of the CD expires, you won't pay any fees.
  • Costco member incentive: $60 for Executive; $20 for Gold Star and Business
    Executive Members receive a $60 member incentive and Gold Star and Business Members receive a $20 member incentive* on your CD. To qualify, this must be your first Direct Banking account of any kind opened through the Costco program.
  • FDIC insured to at least $250,000 per depositor
    You know your money is safe with us. The Federal Deposit Insurance Corporation (FDIC) now provides insurance on deposits in Capital One Bank (USA), N.A. and Capital One, N.A., to at least $250,000 per depositor, per institution. This increase to $250,000 has been extended through December 31, 2013.

    Individual and joint accounts are insured separately. For example: if you have both an individual account and a joint account with your spouse in each of our institutions, total deposits for you as a couple can be insured up to $1.5 million (up to $250,000 in each of the individual accounts, and up to an additional $250,000 per spouse in each of the joint accounts).
  • $5,000 minimum deposit
    The minimum deposit required to open a non-jumbo Certificate of Deposit is $5,000. The minimum deposit required to open a jumbo Certificate of Deposit is $100,000.
  • Access to your account information online or by phone
    View up-to-date account information through Capital One's free Online Banking service. You can also call our automated account information line.

Read our FAQs.

Open a Certificates of Deposit account

See our Rates & Terms and Disclosures.
Or, open an account now.


Open an account by phone at 1-866-858-6593.

Service my Direct Banking accounts
  • 1.75%
    APY*
    With $5,000 or more
    • Exclusive rate for Costco members — One of the best among the top national banks
    • 10% quarterly bonus on interest earned for qualifying accounts
    • No Fees
    • $5,000 minimum deposit to open
    • FDIC Insured
    Learn more about Online Savings Account

    View our rates and terms

    Open an Online Savings Account

  • 1.40%
    APY*
    • Exclusive rate
    • No monthly fees
    • Free online transfers, checks and ATM card*
    • Open with as little as $1,000
    • FDIC insured
    Learn more about High Yield Money Market

    Open a High Yield Money Market account

  • Certificates of Deposit
    2.45%
    APY*
    5-year term   
    • Exclusive fixed rates backed by FDIC insurance for Costco members
    • No fees to open or maintain your account
    • Convenient online access
    • $5,000 minimum deposit to open
    View our rates and terms

    Open a Certificates of Deposit account

  • 1.40%
    APY*
    • Exclusive rate
    • No monthly fees
    • Easy access with checks*
    • Open with as little as $1,000
    • FDIC insured
    Learn more about Business Money Market

    Open a Business Money Market account

Capital One Direct Banking deposit products are offered by Capital One Bank (USA), N.A., and Capital One, N.A., members FDIC. May not be combined with any other offers.
*   The above annual percentage yields (APYs) are effective as of 11/13/2009 and may change at any time.

Certificates of Deposit: The APY in effect for an 18-month CD was 1.20%, the APY in effect for a 3-year CD was 2.05%, the APY in effect for a 5-year CD was 2.45%, and the APY in effect for a 7-year CD was 2.45%. Other rates and terms are also available. A minimum deposit of $5,000 is required to open a CD. A minimum deposit of $100,000 is required to open a Jumbo CD. A substantial penalty may be imposed for early withdrawal; this fee could reduce earnings. Rates may change at any time. Rate Disclosure

Costco Member Incentive: To receive the $60 Costco member incentive, you must be a Costco Executive Member at the time you open your account. To receive the $20 Costco member incentive, you must be a Costco Gold Star or Business Member at the time you open your account. This must be your first Capital One Direct Banking account of any kind through the Costco program and you must fund your account with at least $5,000 within 30 days of account opening. The member incentive will be credited to your account 4-6 weeks after you fund your account and may occur as two partial credits. The amount of the incentive may be reported to the IRS as required by applicable law. Please keep this incentive disclosure for your records.


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