Is Capital One 360 a money market account?

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asked Oct 23, 2019 in Other-Finance by tydurden (300 points)
Is Capital One 360 a money market account?

2 Answers

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answered Oct 23, 2019 by MrMoonPie (10,690 points)
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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answered Dec 2, 2022 by BeckyBee (10,570 points)
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.

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