What is the interest rate at Capital One 360?

+1 vote
asked Dec 19, 2018 in Other-Finance by Postellechasi (340 points)
What is the interest rate at Capital One 360?

2 Answers

0 votes
answered Dec 19, 2018 by linda (29,770 points)
The interest rate for a Capital One 360 Money Market account, you earn 0.85% APY on balances $0- $9,999.99 and 2.00% APY on balances of $10,000 or more.

A money market account is much better than a regular savings account since you earn a higher interest rate through the money market account than you do on a regular savings account.
0 votes
answered Dec 2, 2022 by BeckyBee (10,570 points)
You can withdraw money from your Capital One 360 money market account and you can make an unlimited number of money transfers and withdrawals through an ATM or teller.

And if you transfer funds via an ATM terminal you can only use a Capital One ATM and only between any linked 360 checking and 360 money market accounts.

Capital One 360 money market accounts are good although they don't have traditional money market accounts like they used too.

The Capital One's 360 Performance Savings account is good alternative to the regular money market account or you also can compare other money market accounts to find the best one for you.

Capital One used to have money market accounts however they no longer do.

You can still get money market accounts through other banks that have them.

Capital One no longer offers any money market accounts.

But if you're looking for an interest-bearing account, check out Capital One's 360 Performance Savings account or compare other money market accounts to find the best one for you.

Capital One 360 is a checking account and not a money market account.

Although Capital One does have a money market account that is different from the Capital One 360 checking account.

Capital One 360 is just a traditional checking account through Capital One and is not a Money Market Account.

However you can open a Capital One 360 Money Market Account if you want too.

So if you open up a Money Market Account through Capital One 360 then you'll have a money market account with a high interest rate to earn you more money than a traditional savings account.

I have a Capital One 360 Savings account and also a Capital One 360 Money Market Savings account which helps me earn more money with my savings than I did with my regular savings account at another bank.

So if you want a money market account you need to sign up for the money market account and not the traditional savings account through capital one.

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