Can I withdraw money from my Capital One 360 savings?

0 votes
asked Jun 21, 2019 in Other-Finance by markieb (300 points)
Can I withdraw money from my Capital One 360 savings?

2 Answers

0 votes
answered Jun 21, 2019 by Lilly21 (57,740 points)
Since Capital One 360 savings doesn't have a debit card there's not a fast way of withdrawing money from you Capital One 360 savings directly.

However you can withdraw money from your Capital One 360 savings by transferring the amount of money you wish to withdraw to a connected Capital One Checking account.

With a Capital One 360 Checking account the transfer will happen instantly so you'll be able to instantly withdraw money from your Capital One 360 Savings account through your Capital One 360 Savings account.

Or you can also transfer the money from your Capital One 360 savings account to another bank account but the transfer can take a few days to complete.
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.

62,254 questions

68,773 answers

888 comments

4,704,215 users

...