Expect more with 360 Performance Savings™

Earn 5X the national average savings rate on any balance.

Introducing 360 Performance Savings.

A high-yield, fee-free savings account you can open in about 5 minutes.
This is Banking Reimagined®

Get the performance you deserve.

And the right features to keep your money moving.

Open an account online, in a branch or at a Capital One® Café.
Looking for a checking account that offers unlimited access to your money and earns interest? Check out 360 Checking®.

A high-yield rate that saves as hard as you do.

It’s time to put your savings to work.

Savings Account Balance Annual Percentage Yield (APY)
All balances

APYs are variable and effective .

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Track your savings on the go.

360 Performance Savings 101

Unlock everything you need to know to open a 360 Performance Savings account today. For answers, just click the arrow next to each question below.

What’s a high-yield savings account?

A high-yield savings account is a type of savings account that earns higher than average interest on the balance amount. With 360 Performance Savings, a high-yield savings account, you’ll earn 5X the national average savings rate on all balances, so you earn more with every dollar you save. This online savings account is FDIC-insured up to the allowable limits. Find out more about high-yield savings accounts.

How does an online high-yield savings account work?

High-yield savings accounts earn higher than average interest on the balance amount. 360 Performance Savings brings you the earning power of a high-yield savings account with none of the fees. You earn APY on all balances—that’s 5X the national average savings rate. Plus you get great (and free) online tools, like Automatic Savings Plan and a top-rated mobile app, so you can manage your money from almost anywhere.

How and where can I open a high-yield savings account?

How and where to open a high-yield savings account will depend on the bank and account you choose. You can open a 360 Performance Saving account in about 5 minutes online, on mobile or at a Capital One location. If you’re thinking about opening a 360 Performance Savings account, have these things ready: your name, date of birth, mailing address, email, phone number, employment information, annual income, social security number, and citizenship information. You’ll also need to agree to the terms and conditions. Based on varied factors, you may be denied for a 360 Performance Savings account. You’ll have 60 days to fund your account. You can read more about the terms and conditions here.

Can I open a 360 Performance Savings account at a Capital One® location?

Yes, you can open a 360 Performance Savings account at a Capital One branch or Café. Life doesn't happen within business hours, so you can also open online or through the Capital One Mobile app

Are online high-yield savings accounts free?

While it depends on your specific high-yield account, Capital One’s 360 Performance Savings account has no monthly fees. You read that right. This is a savings account with no fees and no minimum to open or keep the account. That means every dollar you earn is yours to save.

Are high-yield accounts FDIC-insured?

It depends on your specific account and bank. Capital One’s 360 Performance Savings accounts are insured by the FDIC up to allowable limits.

Can you withdraw money from a high-yield savings account?

Yes, high-yield savings accounts typically allow you to withdraw funds. You can withdraw your money from your 360 Performance Savings account online or at a branch, but not using an ATM. To withdraw using an ATM, you’ll first need to transfer money to a checking account. Keep in mind, you are limited to 6 “convenient” withdrawals or transfers a month, so try not to exceed that limit. If you do, you may incur a fee, or your account may face closure or other changes.

How do I make a deposit or withdrawal?

You can make a deposit to or withdrawal from your 360 Performance Savings account using your computer, mobile phone or by giving us a call. Sign into your account online, call our Interactive Phone Service, or call and speak to a Capital One Associate. You can also use Mobile Deposit, set up an Automatic Savings Plan, transfer money from another Capital One account or external bank account, or visit a Capital One location near you. And remember, you’ll only be able to make up to 6 “convenient” withdrawals or transfers a month due to federal laws. That includes internal transfers from 360 Performance Savings accounts to your other Capital One accounts. If you need to make more “convenient” withdrawals or transfers, check out 360 Checking for a checking account with no withdrawal limits.

Can you lose money in a high-yield online savings account?

No. 360 Performance Savings accounts aren’t attached to the stock market, so the money you put into your account is yours to keep. Plus with no fees to open or maintain, every dollar you earn, you can save.

What’s the difference between a 360 Performance Savings account and a 360 CD account?

A 360 Performance Savings account is a type of savings account that earns interest and allows you to access your money at any time. A 360 CD is a type of savings account that also earns interest, but when you deposit your money, you agree to keep it there for a specific amount of time, called a term. While you can access it early, you may incur a penalty. After the term ends, you can access your money and your interest earned without a penalty.

Can I add beneficiaries to a 360 Performance Saving account?

Yes. You can assign up to 10 individuals as Payable on Death beneficiaries, which means that while you’re alive, the beneficiaries won’t have access to anything in the account. The only exception is that you cannot assign beneficiaries for a Trust account, where the trustee controls funds for another party. Assigning beneficiaries can give you peace of mind and can result in increased FDIC coverage for your accounts up to allowable limits. There are 2 ways that you can manage beneficiaries for your accounts.

How do I transfer money?

The checking account you use to make your first deposit will automatically link to your 360 Performance Savings account. You’ll be able to easily transfer funds between the two accounts and set up an Automatic Savings Plan. Remember, you’ll only be able to make up to 6 “convenient” withdrawals or transfers a month due to federal laws.

When you need us, we'll be there. Visit a Capital One ATM or branch near you or experience Banking Reimagined® at a Capital One Café.

360 Performance Savings accounts do not have debit cards, ATM cards, or check-writing capabilities.

The rate of our 360 Performance Savings account is 5X the national average based on FDIC's published National Rate for balances <$100,000 for savings accounts.

The rate of our 360 Performance Savings account is high yield based on lnforma Research services national percentile data for savings accounts on balances of $1.

Web access is needed to use mobile banking. Check with your service provider for details on specific fees and charges. Routine or unscheduled maintenance may impact accessibility. Mobile Deposits are available only in the U.S. and U.S. Territories.

The Capital One Mobile app has a 4.7/5-star customer rating on the Apple App Store and ranks #6 in the Finance App category as of 09/25/2019.

The Capital One Mobile app has a 4.7/5-star customer rating on the Google Play Store and ranks #6 in the Top Free Finance App category as of 09/25/2019.

Questions? Get real answers, from real people.

Phone, social media, Morse code (okay maybe not Morse code). Talk to a Capital One associate today–no SOS required.

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