Capital One Bank Review
About the Bank
Capital One is one of the biggest credit card issuers and largest retail banks in the country.
Capital One Credit Cards
Capital One credit cards are often highly-rated for the rewards programs and no foreign transaction fees (which makes these cards ideal for foreign travel). Arguably the most popular choice is the Capital One Venture Rewards Credit Card, which allows cardmembers to earn miles on all spending. The miles can be redeemed as statement credit toward recent travel spending or transfered to partner loyalty programs for better value.
For cash back, Savor Rewards from Capital One is designed for those who go out often for dinner and entertainment -- plenty of opportunities for cash back on spending.
Finally, Capital One offers one of the best options for those building credit with the Capital One Platinum Secured Credit Card, which borrowers can get started with just a $49 security deposit.
Capital One Banking
Capital One is also one of the nation's largest banks -- operating branches and ATMs mostly in the Northeast. Its bank accounts are very popular options because they don’t have monthly fees while offering great interest rates.
Some of the bank’s most recognizable products include:
- 360 Checking accounts
- 360 Savings accounts
- 360 Money Market accounts
- MONEY, a teen-only checking account
- Kids’ savings accounts
- 360 Certificate of Deposit accounts
High Yield Savings Account
The 360 Savings account is one of the better online savings accounts available. This fee-free account features a competitive annual percentage yield for savers, with no minimum amount required to open an account.
This account is suited for saving a little or a lot, and all balances earn the same APY. If you’re more of a super saver, the 360 Money Market account takes the APY up a notch, while still maintaining a no-monthly fee status.
Certificate of Deposit Accounts
Capital One 360’s CD accounts also offer some impressive rates. The highest rate is reserved for five-year CDs but even the one-year CD features an APY that’s hard for other online banks to beat.
If you need something for the shorter term, you can opt for a six- or nine-month CD instead. These CDs are low-risk, with guaranteed rates of return and there’s no minimum deposit required to open one.
Both savings and checking account customers enjoy access to Capital One 360’s top-rated mobile app. The app is designed for making easy transfers between Capital One 360 accounts, or between external accounts at a different bank.
You can deposit checks anywhere, at any time, with mobile check deposit and its generous daily and monthly limits.
The app makes managing your money on the go easier, and it includes features like digital person-to-person payments powered by Zelle and the ability to link your Capital One 360 debit card to Apple Pay, Android Pay and Samsung Pay.
You can set up savings goals through the app to track your savings progress or schedule automatic savings transfers to grow your money consistently.
If you need to stop by an ATM, you have access to a network that includes more than 70,000 fee-free Capital One and Allpoint ATM and MoneyPass ATM locations nationwide. You can deposit cash or checks, withdraw money, make transfers or check your balance with no ATM fees. Just take note that unlike some online banks, Capital One 360 doesn’t reimburse you for any foreign ATM fees or surcharges if you use another bank’s machine.
Finally, Capital One 360 takes financial education seriously and offers online banking customers additional tools to improve their money know-how, like the Capital One Wallet app, which tracks your purchases. You can also take advantage of CreditWise from Capital One, which gives you free monthly access to your credit score.
Capital One is also known for its extensive selection of credit cards. There are cards for all kinds of consumers, including students, travelers, shoppers, and those with bad credit. Its travel and cash back credit cards are among the most popular one the market.
The most popular Capital One credit card is the Capital One Venture Card, which offers the ability earn plenty of miles, transfer miles to partnered airline loyalty programs, and no foreign transaction fees.
Bank Account Reviews
- Capital One 360 Checking Account Review
- Capital One 360 Performance Savings Account Review
- Capital One 360 Money Market Account Review
- Capital One 360 CD Rates Review
Capital One Credit Card Reviews
- Capital One Platinum Credit Card Review
- Capital One QuicksilverOne Cash Rewards Credit Card Review
- Capital One Platinum Secured Credit CardReview
- Capital One VentureOne Rewards Credit Card Review
- Capital One VentureRewards Credit Card Review
- Journey Student Rewards Credit Card from Capital One ® Review