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 Term | APY | Minimum |
|---|---|---|
| 6 Month CD | 0.10% | $0 |
| 9 Month CD | 0.10% | $0 |
| 12 Month CD | 0.20% | $0 |
| 18 Month CD | 0.25% | $0 |
| 24 Month CD | 0.25% | $0 |
| 30 Month CD | 0.25% | $0 |
| 36 Month CD | 0.60% | $0 |
| 48 Month CD | 0.65% | $0 |
| 60 Month CD | 0.80% | $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.
| Type | Minimum Balance | APY |
|---|---|---|
| 360 Savings Account | $0.01 | 0.40% |
APY = Annual Percentage Yield
There is no minimum balance to open the disclosed rate.
Capital One Checking Account Rates
| Type | Minimum Balance | APY |
|---|---|---|
| 360 Checking Account | $0.01 | 0.40% |
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 ANNUITY | CD | |
|---|---|---|
| Issued By | Insurance Companies | Banks |
| Investment Amount | $2,000 - $1,000,000 | Essentially Any Amount |
| Investment Term | 2 years - 10 years | 3 months - 5 years |
| Interest Rates (APY) | Varies by product. | Varies by bank, term and investment amount. |
| Liquidity | Usually, 10% annually or interest earned. | Almost always accumulated interest. |
| Guarantees | Backed by Insurer & State Guaranty Associations. | Backed by the FDIC. |
| Death Benefit | May avoid probate. | Probate process required. |
Today's Best Guaranteed Annuity Rates
Fixed annuity rates are guaranteed for a set number number of years.
| Term | Annuity | Rate | AM Best | W/Ds | ||
|---|---|---|---|---|---|---|
| 2 Years | SILAC | Secure Savings Elite | 4.75% | B+ |  | |
| 3 Years | Atlantic Coast Life | Safe Haven | 5.53% | B+ | | |
| 4 Years | Americo | American Pathway | 5.15%% | A |  | |
| 5 Years | Ibexis | MYGA Plus | 5.80% Simple | A- | | |
| 6 Years | Americo | Platinum Assure | 5.45% | A | | |
| 7 Years | Atlantic Coast Life | Safe Harbor | 5.64% | B++ | | |
| 8 Years | Oxford Life | Multi-Select | 4.95% | A | | |
| 9 Years | Oxford Life | Multi-Select | 4.95% | A | | |
| 10 Years | Atlantic Coast Life | Safe Haven | 5.35% | B++ | |
Today's Top CD Rates
3 Month CD Rates
| Bank | Rate | Minimum Deposit To Open |
|---|---|---|
| Popular Direct | 4.05% APY | $10,000.00 |
| Citibank | 3.25% APY | $500.00 |
| America First Credit Union | 2.30% APY | $500.00 |
12 Month CD Rates
| Bank | Rate | Minimum Deposit To Open |
|---|---|---|
| First Internet Bank | 4.75% APY | $1,000.00 |
| Popular Direct | 4.75% APY | $10,000.00 |
| Alliant Credit Union | 4.60% APY | $1,000.00 |
2 Year CD Rates
| Term | Bank | Rate | Minimum |
|---|---|---|---|
| 24 Months | Rising Bank | 3.80% APY | $1,000 |
| 24 Months | Bread Savings | 3.75% APY | $1,500 |
| 24 Months | American Heritage Credit Union | 3.75% APY | $500 |
| 24 Months | Merrick Bank | 3.70% APY | $25,000 |
| 24 Months | Synchrony Bank | 3.40% APY | $.01 |
3 Year CD Rates
| Bank | Rate | Minimum Deposit To Open |
|---|---|---|
| Alliant Credit Union | 4.60% APY | $1,000.00 |
| Popular Direct | 4.55% APY | $10,000.00 |
| BMO Harris | 4.50% APY | $1,000.00 |
4 Year CD Rates
| Term | Bank | Rate | Minimum |
|---|---|---|---|
| 48 Months | Bread Savings | 4.15% APY | $1,500 |
| 48 Months | American Heritage Credit Union | 4.00% APY | $500 |
| 49 Months | NASA Federal Credit Union | 3.85% APY | $10,000 |
| 48 Months | Merrick Bank | 3.75% APY | $25,000 |
| 48 Months | PenFed Credit Union | 3.50% APY | $1,000 |
5 Year CD Rates
| Bank | Rate | Minimum Deposit To Open |
|---|---|---|
| BMO Harris | 4.50% APY | $1,000.00 |
| Bread Savings | 4.50% APY | $1,500.00 |
| Popular Direct | 4.50% APY | $10,000.00 |
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
Are Annuities FDIC Insured?
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
Can you Loose money in a fixed annuity?
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.
Does a Fixed Annuity Have any Fees?
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
Credit Card Payment Mailing Address:
Capital One
Attn: Payment Processing
PO Box 71083
Charlotte, NC 28272-1083
