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The Capital One 360 Performance Savings account, commonly called Capital One 360 Savings, is a high-yield savings account with no monthly fees and no minimum balance required. Capital One makes it easy to get started, allowing you to open a new account online in about five minutes. And with the well-reviewed Capital One mobile app, you can easily manage your account on the go.

In this post, we’ll cover the details of having a Capital One 360 Savings account, including the pros and cons — and how it compares to similar accounts. Plus, we’ll help you decide if this is the right account for you.

Capital One 360 Savings Account Fast Facts

• Annual fee: none
• Minimum balance: none
• Current APY: 1.50% (as of 30 April 2020)
• Pros
  • Comparatively high yields
  • No monthly fee
  • No minimums
  • Easy to get started
  • Mobile app access
• Cons
  • No ATM cards
  • Comparatively few local branches

Capital One Savings Account Benefits

There are lots of benefits to having a Capital One savings account. Here are some of the highlights:

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