Capital One account review

Discover the Benefits of a Capital One Account

Capital One has been a pioneer in the credit card industry for over 25 years through its innovative use of data and technology. As one of the largest retail banks in the United States, it serves a diverse customer base of over 100 million individuals across various industries.

Not only does Capital One offer a wide range of banking services, but it also provides customers access to an extensive network of ATMs throughout the country. If you’re considering opening an account with Capital One, continue reading to learn more about the various account options available.

Types of Capital One Accounts

Capital One understands that every individual has different financial needs. To cater to these unique requirements, Capital One offers a selection of customized checking and savings accounts. Below you will find a summary of each account type:

360 Checking Account

The 360 Checking Account is designed to give you everything you need without any unnecessary fees or hassles. You can pay bills, make deposits, transfer money, and access cash without worrying about monthly fees or extra trips to the bank. Additionally, this account offers interest on your balance and comes with several benefits such as FDIC insurance and fraud coverage, overdraft protection, early paycheck access, in-person assistance, and the ability to add cash at CVS locations.

MONEY Teen Checking

For kids, tweens, and teens, Capital One offers the MONEY Teen Checking account. This account comes with a debit card and a highly-rated mobile app designed to promote financial independence for young individuals. Parents have the peace of mind of monitoring their child’s account through their own app login, allowing them to set limits and receive alerts.

360 Performance Savings

The 360 Performance Savings account provides a high-yield savings rate of 3.50%, with no monthly or maintenance fees. It offers the flexibility to set up automatic savings plans and create multiple accounts to help you achieve your financial goals. Opening this account is quick and easy, taking only five minutes.

360 CDs®

With the 360 CDs® account, you can earn 4.15% APY with a one-year online CD. There is no minimum balance requirement, allowing you to choose the amount that suits you best. This account provides a fixed rate of growth over the CD’s term and allows you to select when your interest is paid out.

Kids Savings Account

The Kids Savings Account is an excellent option for parents looking to teach their children about savings. This account offers a competitive interest rate of 0.30% APY, with no monthly or maintenance fees. By linking your bank account, you can easily manage and fund your child’s savings goals.

Requirements to Open an Account

To open a Capital One account, you will need to provide two forms of identification and proof of address if applying in person. Online applications typically require ID numbers and date of birth. Minors may require a co-owner, such as a parent or legal guardian, to open a checking account.

How to Apply for a Capital One Account

If you are ready to open a Capital One account, the application process is simple and straightforward. To get started, click the green button below to proceed to the next step.

Written by

Claire Harrison