Capital One 360 Performance Savings review

Capital One 360 Performance Savings pays 3.20% APY on all balances, effective November 12, 2026, with no fees to open or maintain the account and no minimum balance. Capital One stresses that the account is not tiered, so a small balance earns the same rate as a large one. Interest accrues daily and compounds and credits monthly. The reason to choose it over a pure online bank is the physical network: you can withdraw at a branch, and Capital One runs cafés with seating and staff for account help. The mobile app carries a 4.8 rating on the App Store and 4.5 on Google Play as of July 27, 2026, according to the page. The drawbacks are specific. You cannot take cash from savings at an ATM; Capital One says to move it to a checking account such as 360 Checking first. Compounding is monthly rather than daily, and the 3.20% rate trails EverBank by a full percentage point. Pick it if branch access matters more than the last fraction of a percent.

Who it is for

Savers who still want branch access

Price

$0 monthly maintenance fee, no minimum balance; 3.20% APY effective November 12, 2026.

No fees to open or maintain the account. Plus, a $0 monthly maintenance fee.
Quoted from the vendor pricing page on November 12, 2026.

Key features

• 3.20% APY on all balances, effective November 12, 2026
• No fees to open or maintain the account
• No minimum balance required
• Interest accrues daily and compounds monthly
• Withdrawals online or at a Capital One branch

Strengths and weaknesses

• Strength: Same rate on every balance, with no tiers
• Strength: Branch and Capital One Café network for in-person help
• Strength: Capital One Mobile app rated 4.8 on the App Store as of July 27, 2026, per the page
• Weakness: No ATM withdrawals directly from savings; money must go to checking first
• Weakness: Interest compounds monthly, not daily
• Weakness: 3.20% APY is below the top three picks

Key facts

• APY: 3.20% effective November 12, 2026
• Monthly fee: $0
• Minimum balance: None
• ATM access: Not from savings directly

Where it ranks

Capital One 360 Performance Savings is No. 5 in our Best High Yield Savings Accounts verdict.