Do you want to know all the features that the Capital One 360 CD offers? Alfredo Barandiarán analyzes for Responsible Economy all the characteristics, requirements and opinions of the Capital One certificate of deposit. We also show you a comparison with the main certificates of deposit that you can open in 2023.
Features
We start the article seeing all the characteristics of the Capital One 360 CD:
Fees
This certificate of deposit has no monthly fees. It is also not necessary to have a minimum monthly balance.
Yield
The returns depend on the term you choose. We have made a table with the terms you can choose and the returns Capital One offer:
| Terms | Yield |
|---|---|
| 6 months | 3,30% APY |
| 9 months | 3,30% APY |
| 11 months | 5,00% APY |
| 12 months | 4,15% APY |
| 18 months | 4,25% APY |
| 24 months | 4,30% APY |
| 30 months | 4,30% APY |
| 36 months | 4,30% APY |
| 48 months | 4,20% APY |
| 60 months | 4,10% APY |
Minimum deposit
No minimum deposit is required to open the CD.
Terms
The terms that you can choose range from 6 months to 60 months.
Best banks to open a CD in 2023
We have made a comparison of Capital ONE’s 360 CD with the best banks to open a CD in 2023:
- 5% APY
- Minimum deposit: $0
- Term: 11 months
- Member FDIC
- 4,40% APY
- Minimum deposit: $5000
- Term: 12 months
- Member FDIC
- 4,65% APY
- Minimum deposit: $1000
- Term: 13 months
- Member FDIC
- 4,60% APY
- Minimum deposit: $0
- Term: 14 months
- Member FDIC
- 4,60% APY
- Minimum deposit: $1000
- Term: 12 months
- Member FDIC
- 4,55% APY
- Minimum deposit: $1000
- Term: 12 months
- Member FDIC
- 4,50% APY
- Minimum deposit: $0
- Term: 12 months
- Member FDIC
- 4,50% APY
- Minimum deposit: $1000
- Term: 12 months
- Member FDIC
Can a deposit be opened without penalty?
Capital One does not offer the ability to open a CD without penalty. If you withdraw the money before the expected term, you will have a penalty in the interest to be received.
Requirements
The requirements to open a certificate of deposit with Capital One are the following:
- Must be over 18 years old
- Live in the United States
- Have a Social Security
- Have an American phone number
How to Open the Capital One 360 CD
You have 2 ways to open the Capital ONE 360 deposit: online or in branches. You cannot open the deposit over the phone. If you have any questions, we recommend that you go to a branch.
Pros and Cons
After analyzing the 360 Capital One CD and seeing a comparison of the best deposits, we have made a table with all the advantages and disadvantages:
| Pros | Cons |
|---|---|
| Very high yields | withdrawal penalty |
| Deadlines from 6 to 60 months | |
| No minimum balance |
Conclusion
After doing a full analysis, our conclusion is that Capital One’s 360 CD is one of the best CDs you can open in the United States because it offers one of the highest returns, has no fees, and doesn’t require a minimum balance.
Frequent question
Now we answer all the questions you may have:
More information about Capital One
Here you have more information of interest about Capital One:
| Information | Descripcion |
|---|---|
| Website | https://www.capitalone.com/ |
| https://twitter.com/capitalone | |
| YouTube | https://www.youtube.com/user/capitalone |
| Phone | 1-800-289-1992 |
Another Capital One products
Here is a list of more products offered by Capital One:
- Checking accounts: Capital One 360 checking account is one of the best checking accounts in the United States.
Related content
Finally, here you have related posts about certificates of deposit:
American Express certificate of deposit review 2023
Do you want to see a complete review of the American Express certificate of deposit?…
Bank of America certificate of deposit review
Want to see a complete review of the Bank of America certificate of deposit? From…
Wells Fargo Certificate of deposit review
Want to see a full review of the Wells Fargo certificate of deposit? From Responsible…
Barclays certificate of deposit review
Do you want to know all the features of the Barclays certificate of deposit? From…
Do you want to know all the features of the Alliant certificate of deposit? Responsible…
Do you want to know all the features of CTI Bank? Alfredo Barandiarán analyzes for…
Do you want to know all the features that the Capital One 360 CD offers?…
Do you want to have all the complete information about the Synchrony certificate of deposit?…
Margus by Goldan Sachs CD review
Do you want to know all the features of the Marcus by Goldman Sachs CD?…
Updated the day 6 February, 2023 by Alfredo Barandiarán
- American Express certificate of deposit review 2023 - 23 March, 2023
- What the difference between Chase checking accounts? - 20 March, 2023
- Best personal Loans - 16 March, 2023
