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 | 3.30% | $0 |
| 9 Month CD | 0.10% | $0 |
| 12 Month CD | 4.15% | $0 |
| 18 Month CD | 4.25% | $0 |
| 24 Month CD | 4.30% | $0 |
| 30 Month CD | 0.25% | $0 |
| 36 Month CD | 0.60% | $0 |
| 48 Month CD | 4.20% | $0 |
| 60 Month CD | 4.10% | $0 |
Annual Percentage Yields (APY) are variable and effective as of 5/10/2023. CD rates are fixed upon opening the account. Early withdrawal penalties apply. The above terms are offered at this time and are subject to change.
Calculations are based on interest that is accrued daily but paid and compounded monthly through the CD term. Calculations assume 30 days per month and that monthly interest is reinvested in the CD and results in the above table are rounded to the nearest dollar. Actual earnings may vary.
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.
| FEATURES | 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 | Insurer | Company Details | Annuity | Rate | AM Best | Application |
|---|---|---|---|---|---|---|
| 2 Years | 
| Oceanview | Harbourview | 4.90% | A- | Apply |
| 3 Years | 
| Farmers Life | Safeguard Plus | 5.50% | B++ | Apply |
| 4 Years | 
| AMERICO | Platinum Assure | 5.20% | A | Apply |
| 5 Years | 
| Ibexis | MYGA Plus | 5.90% Simple | A- | Apply |
| 6 Years | 
| EquiTrust | Certainty Select | 5.65% | B++ | Apply |
| 7 Years |
| AMERICO | Platinum Assure | 5.55% | A | Apply |
| 8 Years |
| EquiTrust | Certainty Select | 5.70% | B++ | Apply |
| 9 Years | 
| American National | Palladium MYG | 5.10% | A | Apply |
| 10 Years |
| EquiTrust | Certainty Select | 6.00% | B++ | Apply |
Today's Top CD Rates
3 Month CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| TotalDirect Bank | 5.16% APY | 3 Months | $25,000.00 |
| Ponce Bank N.A. | 5.15% APY | 3 Months | $50,000.00 |
| Brilliant Bank | 5.10% APY | 3 Months | $1,000.00 |
| Alliant Credit Union | 4.50% APY | 3 Months | $1,000.00 |
| Popular Direct | 4.50% APY | 3 Months | $10,000.00 |
12 Month CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| Evergreen Bank Group | 5.50% APY | 13 Months | 10000 |
| NexBank | 5.40% APY | 12 Months | 25000 |
| BrioDirect | 5.35% APY | 12 Months | 500 |
| Bread Savings | 5.25% APY | 12 Months | 1000 |
| Barclays | 4.80% APY | 12 Months | 0 |
2 Year CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| U.S. Senate Federal Credit Union | 5.28% APY | 24 Months | 1000 |
| Summit Credit Union | 5.25% APY | 22 Months | 5000 |
| Idabel National Bank | 5.05% APY | 24 Months | 1000 |
| Bread Savings | 5.00% APY | 24 Months | 1500 |
| PenFed Credit Union | 4.45% APY | 24 Months | 1000 |
3 Year CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| U.S. Senate Federal Credit Union | 5.23% APY | 36 Months | 1000 |
| Quorum Federal Credit Union | 4.85% APY | 36 Months | 1000 |
| Popular Direct | 4.55% APY | 36 Months | 10000 |
| Bread Savings | 4.50% APY | 36 Months | 1500 |
| Barclays | 4.30% APY | 36 Months | 0 |
4 Year CD Rates
| Best 4-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| NASA Federal Credit Union | 4.85% APY | 49 Months | 10000 |
| GTE Financial | 4.85% APY | 48 Months | 500 |
| First National Bank of America | 4.50% APY | 48 Months | 1000 |
| Bread Savings | 4.35% APY | 48 Months | 1500 |
5 Year CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| Lafayette Federal Credit Union | 4.68% APY | 60 Months | 500 |
| Department of Commerce Federal Credit Union | 4.67% APY | 60-84 Months | 25000 |
| GTE Financial | 4.54% APY | 60 Months | 500 |
| Popular Direct | 4.53% APY | 60 Months | 10000 |
| Bread Savings | 4.25% APY | 60 Months | 1500 |
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
