What is the current Capital One 360 CD rate?

As of June 2026, Capital One 360 CD rates range from approximately 4.00% to 4.50% APY. The 12-month CD typically offers the best rate in the lineup, around 4.40–4.50% APY. Capital One does not require a minimum deposit, which sets it apart from many traditional banks. Rates change frequently — verify the current rate at capitalone.com before opening.

What is the minimum deposit for a Capital One 360 CD?

Capital One 360 CDs have no minimum deposit requirement. You can open a CD with any amount — even $1. This makes Capital One one of the most accessible options for new savers building their first CD, especially compared to traditional banks that require $1,000–$2,500 to get started.

Does Capital One have a no-penalty CD?

No. Capital One does not currently offer a no-penalty CD. If you need the option to access funds before maturity without a penalty, Ally Bank's 11-month No-Penalty CD is a strong alternative. Capital One's CDs are standard fixed-term accounts — withdrawing early triggers an early withdrawal penalty.

What is Capital One's early withdrawal penalty for CDs?

Capital One's early withdrawal penalty depends on the term: CDs with terms under 12 months forfeit 3 months of interest; terms of 12 to 36 months forfeit 6 months of interest; terms over 36 months forfeit 12 months of interest. If you break a 12-month CD early, you lose roughly half a year's worth of interest — factor this cost in before locking funds.

How does Capital One compare to Ally and Marcus for CDs?

All three are online banks with competitive rates and no (or low) minimum deposits. Capital One 360 CDs typically pay 4.40–4.50% APY on 12-month terms, comparable to Ally and Marcus. Capital One's advantage is brand familiarity and an existing banking relationship for current customers. Ally has a no-penalty CD option; Marcus occasionally edges Capital One on specific terms. Compare all three at the time you open — the difference is often 0.10–0.25% APY.

Capital One CD Rates 2026 — 360 CD Terms, APYs, and How They Compare

Capital One 360 CD rates range from approximately 4.00% to 4.50% APY in June 2026, making them among the more competitive CD offerings from a large national bank. With no minimum deposit and no monthly fees, the 360 CD is especially accessible for savers who want a fixed rate without meeting a high opening balance threshold.

Rates shown are as of June 2026 and change frequently. Verify the current rate at capitalone.com before opening an account.

Capital One 360 CD Rates by Term (June 2026)

Term	Approximate APY
6 months	4.00–4.25%
9 months	4.10–4.30%
12 months	4.40–4.50%
18 months	4.20–4.40%
2 years	4.00–4.20%
30 months	3.75–4.00%
3 years	3.75–4.00%
4 years	3.50–3.75%
5 years	3.50–3.75%

Capital One’s 12-month 360 CD typically carries the highest rate in the lineup — consistent with the broader pattern where 1-year terms offer the best yield in the current rate environment.

How Much Can You Earn?

On a $10,000 deposit at Capital One’s approximate 12-month rate of 4.45% APY:

After 12 months: ~$10,445 ($445 in interest)
After 2 years (2-year CD at 4.10% APY): ~$10,838 ($838 in interest)
After 5 years (5-year CD at 3.60% APY): ~$11,946 ($1,946 in interest)

At the national average CD rate of approximately 1.85% APY on a 12-month CD, the same $10,000 would earn just $185. Capital One’s rate is more than twice the national average.

Early Withdrawal Penalties

Term	Penalty
Less than 12 months	3 months of interest
12 months to 36 months	6 months of interest
More than 36 months	12 months of interest

Example: If you open a 12-month CD at 4.45% APY with $10,000 and withdraw after 6 months, you forfeit 6 months of interest — approximately $222. Your effective return for the 6 months held would be about $0 (the interest earned minus the penalty cancels out at 6 months). Capital One does not offer a no-penalty CD, so plan carefully before locking funds.

Capital One 360 CD vs. Competitors

	Capital One 360	Ally Bank	Marcus by Goldman Sachs	Discover Bank
Best 12-month APY	~4.45%	~4.50%	~4.40–4.50%	~4.40–4.50%
Minimum deposit	$0	$0	$500	$2,500
No-penalty CD	No	Yes (11 months)	No	No
Early withdrawal (12-mo CD)	6 months interest	60 days interest	90 days interest	6 months interest
FDIC insured	Yes	Yes	Yes	Yes

Capital One and Ally offer the most accessible starting point (no minimum). Ally wins on flexibility with its no-penalty CD and softer early withdrawal penalties. Capital One is a strong pick if you’re an existing 360 banking customer and want to consolidate accounts.

Capital One CD Renewal

When a Capital One 360 CD matures, it automatically renews into the same term at the current rate. The grace period is 10 calendar days — within that window you can withdraw funds, add money, or change the term penalty-free.

The renewing rate depends on Capital One’s current offering on that term at maturity. If interest rates have fallen, your renewal rate may be lower. Set a calendar reminder about 30 days before maturity to review options.

CD Laddering with Capital One

Because Capital One’s 360 CDs have no minimum deposit, they are practical for building a CD ladder — a strategy where you split savings across multiple terms to balance yield and liquidity.

Example 3-rung ladder with $12,000:

$4,000 in a 6-month CD at ~4.15% APY
$4,000 in a 12-month CD at ~4.45% APY
$4,000 in a 2-year CD at ~4.10% APY

When the 6-month CD matures, roll it into a new 12-month CD. Every 6 months you have access to one-third of your money while keeping the rest earning competitive rates.

Who Should Open a Capital One 360 CD?

Capital One 360 CDs work well for:

Existing Capital One 360 banking customers who want to consolidate
New savers with smaller amounts — no minimum deposit lowers the barrier
Anyone who wants a competitive rate without managing a new bank relationship

Consider alternatives if:

You need penalty-free access before maturity (Ally’s no-penalty CD)
You want the absolute highest rate available and will compare all options at open time
You prefer in-person branch access (Capital One has Cafés in select cities but limited branch network)

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy