Capital One has evolved from a credit card company into a full-service bank offering one of the best combinations of online banking convenience with physical Capital One Café locations. The 360 account lineup provides fee-free banking with competitive rates.
Capital One 360 Checking
The standout checking account features:
- No monthly fees ever
- No minimum balance requirements
- No overdraft fees (declines instead)
- Fee-free access to 70,000+ ATMs
- Early direct deposit (up to 2 days)
This makes 360 Checking one of the most consumer-friendly accounts available, competing directly with online banks while offering café locations for in-person needs.
Capital One 360 Performance Savings
High-yield savings with competitive rates typically matching top online banks:
- No monthly fees or minimums
- No cap on earnings
- Tiered rates at higher balances
- Unlimited transfers between Capital One accounts
The rate consistency makes 360 Performance Savings a strong choice for emergency fund savings.
Capital One 360 CDs
CD terms range from 6 months to 5 years with no minimum deposit. Features include:
- Competitive rates across all terms
- No minimum opening deposit
- 10-day grace period at maturity
- Penalty-free withdrawals on some CDs
Capital One Cafés
Unlike purely online banks, Capital One operates café locations in major cities offering:
- Free WiFi and coffee
- Banking support from ambassadors
- Money coaching sessions
- Community events and workshops
Locations exist in cities like New York, Boston, San Francisco, Chicago, and others. While not traditional branches, cafés bridge the gap for customers wanting occasional in-person banking.
Digital Banking Experience
Capital One's app and website provide:
- Mobile check deposit
- External account linking and transfers
- Eno virtual card numbers for online shopping
- Price protection and purchase tracking
- Credit monitoring integrated
Credit Card Integration
Capital One banking pairs seamlessly with Capital One credit cards. Benefits include:
- Instant rewards redemption to accounts
- Single login for all products
- Combined statements and tracking
- Easier payments and management
The Venture X card becomes particularly attractive when you can instantly transfer miles redemptions to your 360 account.
Money Management Tools
Capital One offers several tools:
- Automatic savings rules
- Round-up savings on purchases
- Spending categories and tracking
- Goal-setting for specific savings targets
Who Should Choose Capital One Banking?
Capital One 360 works best for customers who want truly fee-free banking with competitive rates, don't need traditional branch services, and value the integration with Capital One credit cards. The café network provides a middle ground for occasional in-person needs.
For extensive branch networks, traditional banks like Chase offer more locations.
Open an account at CapitalOne.com
