Online Savings Account Online Savings Account

Our Online Savings Account offers one of the best savings rates among the top national banks, with a balance of $10,000 or more. Earn very competitive interest with very little effort with this Online Savings Account.

  • What is an Online Savings Account?
    An Online Savings Account is a savings account that offers one of the highest yields available in a liquid account, access to your money with free online transfers to and from your existing external bank accounts* – and the security of FDIC insurance.
  • Exceptional savings rates
    Rates well above other banks.
  • Easy online transfers
    Access your money securely and easily with free online transfers to and from your existing external bank accounts*.
  • No fees
    Really. Service and maintenance fees do not apply to this account. There is no minimum balance required to earn interest, but rates depend on how much you have in your account.
  • 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).

Learn about How It Works or read our FAQs

Open a High Yield Money Market account

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


Service my Direct Banking accounts
  • 1.70%
    APY*
    With $2,500 or more
    • One of the best rates among the top national banks
    • 10% bonus on interest earned for qualifying accounts
    • No monthly fees
    • FDIC insured
    Learn more about InterestPlus Online Savings Account

    View our rates and terms

    Open an Online Savings Account

  • Online Savings Account
    1.50%
    APY*
    Balance over $10,000
    • A rate among the best
      in the nation
    • No monthly fees
    • Free online transfers
    • FDIC insured
    View our rates and terms

    Open an Online Savings Account

  • 1.20%
    APY*
    • Great rate backed by FDIC insurance
    • No monthly fees, no minimum balance
    • Free online transfers, checks and ATM card*
    Learn more about High Yield Money Market

    Open a High Yield Money Market account

  • 1.10%
    APY*
    • Great rate backed by FDIC insurance
    • 2,500 bonus miles*
    • Earn rewards for saving
    • No monthly fees, no minimum balance
    Learn more about Rewards Market

    Open a Rewards Money Market account

  • 2.85%
    APY*
    4-year term    
    • Fixed rates backed by FDIC insurance
    • No monthly fees to open or maintain your account
    • Convenient online access
    Learn more about Certificates of Deposit

    View our rates and terms

    Open a Certificates of Deposit account

  • 1.01%
    APY*
    • Great rate backed by FDIC insurance
    • Easy access with checks*
    • No monthly fees, no minimum balance
    Learn more about Business Money Market

    Open a Business Money Market account

*   The above annual percentage yields (APYs) are effective as of 11/13/2009 and may change at any time.
Online Savings Accounts: 1.50% APY applies to account balances of $10,000–$24,999.99, $25,000–$49,999.99, $50,000–$99,999.99, and $100,000 or more. 0.50% APY applies to balances of $0.01–$99.99, $100–$4,999.99, and $5,000–$9,999.99. Minimum initial deposit amount is $1. Terms and conditions of this offer may change at any time. Rates are variable and may change at any time. Withdrawals by online transfer are limited to six per calendar month. Rate Disclosure
† National Average for money market accounts as of 11/9/2009, Informa Research Services, Inc., Calabasas, CA, www.informars.com, based on balance of $10,000. Although the information has been obtained from various institutions, the accuracy cannot be guaranteed.
Capital One Direct Banking products and services are offered by Capital One Bank (USA), N.A., and Capital One N.A., members FDIC.

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