As Seen On:
NBC logo
ABC Logo
fox logo
MarketWatch logo
Investopedia logo
CBS logo

Capital One Rates CD Rates Reviewed

Capital One Rates

Capital One CD Rates

Capital One Bank provides personal savings accounts including competitive CD rates, money market accounts, and savings accounts. In this Capital One CD Rates Review I will compare Capital One CD rates, savings account, and money market rates to other top bank rates in the United States as well as to CD Type annuity rates.

Table of Contents

Capital One CD Rates

CD TermAPYMinimum
6 Month CD0.10%$0
9 Month CD0.10%$0
12 Month CD0.20%$0
18 Month CD0.25%$0
24 Month CD0.25%$0
30 Month CD0.25%$0
36 Month CD0.60%$0
48 Month CD0.65%$0
60 Month CD0.80%$0

Capital One 360 Savings Account Rates

Capital One 360 Performance Savings is a high-yield, fee-free savings account you can open in about 5 minutes.

TypeMinimum BalanceAPY
360 Savings Account$0.010.40%

APY = Annual Percentage Yield 

There is no minimum balance to open the disclosed rate.

Capital One Checking Account Rates

TypeMinimum BalanceAPY
360 Checking Account$0.010.40%

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.

CDs vs Fixed Annuity

A multi year guaranteed annuity (MYGA) is essentially a CD that is issued by an insurance company rather than a bank. The table below compares and contrasts some of the key differences and similarities between the two.

 FIXED ANNUITYCD
Issued ByInsurance CompaniesBanks
Investment Amount$2,000 - $1,000,000Essentially Any Amount
Investment Term2 years - 10 years3 months - 5 years
Interest Rates (APY)Varies by product.Varies by bank, term and investment amount.
LiquidityUsually, 10% annually or interest earned.Almost always accumulated interest.
GuaranteesBacked by Insurer & State Guaranty Associations.Backed by the FDIC.
Death BenefitMay avoid probate.Probate process required.

Today's Best Guaranteed Annuity Rates

Fixed annuity rates are guaranteed for a set number number of years.

Today's Top CD Rates

3 Month CD Rates

Best 3-Month CD RatesRateTermMinimum
Spectrum Credit Union 0.50% APY3 Months$500.00
Navy Federal Credit Union0.40% APY3 Months$1,000.00
Chevron Federal Credit Union0.50% APY3 Months$500.00
Luana Savings Bank0.55% APY3 Months$1,000.00

12 Month CD Rates

Best 12 Month CD RatesRateMinimum
Citibank2.50% APY$1,000.00
Live Oak 1.75% APY$2,500.00
Limelight Bank1.25% APY$1,000.00
Lafayette Federal Credit Union0.80% APY$5,000.00

2 Year CD Rates

Best 2-Year CD RatesRateTermMinimum
Oceanview Harbourview Annuity3.50% APY24 Months$20,000
Connexus Credit Union 2.86% APY24 Months$5,000
Popular Direct2.30% APY 24 Months$10,000
BMO Harris2.25% APY24 Months$1,000
PenFed Credit Union1.25% APY24 Months$1,000

3 Year CD Rates

Best 3-Year CD RatesRateTermMinimum
Synergy Choice4.20% APY36 Months$100,000
Connexus Credit Union 3.01% APY36 Months$5,000
My Banking Direct1.40% APY36 Months$500
Lafayette Federal Credit Union1.01% APY36 Months500

4 Year CD Rates

Best 4-Year CD RatesRateTermMinimum
Nassau Simple Annuity4.35% APY48 Months$10,000
Connexus Credit Union 3.11% APY48 Months$5,000
NASA Federal Credit Union1.70% APY48 Months$500
Teachers Federal Credit Union1.30% APY48 Months$1000

5 Year CD Rates

Best 5-Year CD RatesRateTermMinimum
Ibexis MYGA Plus Annuity5.10% APY60 Months$25,000
Connexus Credit Union3.21% APY60 Months$5,000
BMO Harris2.80% APY60 Months$1,000
Teachers Federal Credit Union1.65% APY60 Months$1000

Key Take-Aways

A certificate of deposit is very similar to a fixed annuity. If you are looking for a safe and steady way to grow your retirement savings you can learn more about fixed CD Type Annuities here.

If you would like a personalized annuity quote you can contact us or use one of our fixed annuity calculators to see how much an annuity would pay you.

Frequently Asked Questions


While not FDIC insured, State Guaranty Associations provide a safety net for their state’s annuity policyholders. These Guaranty Associations guarantee policyholders continue to receive coverage (up to the limits spelled out by state law) even if their insurer is declared insolvent. Source: “Learn to Invest, Investment Types, Annuities, Fixed Annuities.”  Financial Industry Regulatory Authority (FINRA).  Visit FINRA’s Fixed Annuities Webpage

You can not lose money in a fixed annuity. However, guarantees are backed by the claims-paying ability of the issuing insurance company so it is important to consider an insurer’s financial rating when shopping for an annuity.

Fixed Annuities do not have any fees or expenses unless you add an additional rider that was not mentioned on this page.

Capital One Contact Information

Capital One Phone Numbers
Customer Service Phone Number: 1-877-383-4802   Small Business Customer Service Phone Number 1-888-755-2172

Credit Card Payment Mailing Address:

Capital One
Attn: Payment Processing
PO Box 71083
Charlotte, NC 28272-1083

Jason Caudill, MBA

Jason Caudill, MBA

Jason is passionate about annuities and the important role they can play inside a retirement portfolio. He's distributed more than $1.5 Billion in annuities over a 17-year career; serving in many roles, including RVP at the largest independent Annuity Brokerage Firm, VP of Marketing at a top Insurance Company, and Regional Director in the Private Client Group at a Fortune 500 Company.

Recent Articles

How Much Money Do I Need to Retire? Picture of white yacht on water with My Annuity Store, Inc. Logo on white sail.
Retirement

How Much Money Do I Need to Retire?

How Much Do I Need to Retire? If you are approaching retirement you’ve likely asked, “How much money do I need to retire?” If so, you are in good company.

Federal Mint Building : Fed Rate Hikes are good for annuities
Annuities 101

Annuity Rates Are Increasing In 2022

Annuity rates increase again on September 19, 2022. Eighteen different annuity companies are raising their annuity rates after the Federal Reserve signaled it would begin to steadily raise interest rates in mid-March.

Oceanview Life and Annuity Company Featured Image Speed Boat on Ocean
Annuity Companies

Oceanview Life and Annuity Company Ratings & Review

Oceanview Life and Annuity Company has worked to establish itself as a trusted provider of high-quality retirement income products, investment consulting, and strategic financial planning services.

As Seen On:

NBC logo
ABC Logo
fox logo
MarketWatch logo
Investopedia logo
CBS logo

Get a Free
Annuity Quote