Capital One 360 1-Year CD
Capital One's 360 1-Year CD pays a 3.90% APY with no minimum deposit — one of the strongest no-minimum 12-month rates from a major bank, and the term that tops its own CD ladder. Deposits are held at Capital One, N.A., an FDIC member we verified directly.
Is the Capital One 360 1-Year CD worth it?
Capital One’s 360 1-Year CD is the standout rung on its current CD ladder. It pays a 3.90% APY on a 12-month term (as of 05/30/2026) with no minimum deposit — notable because the bank’s longer terms currently pay slightly less, so the 1-year is both the highest rate and the shortest commitment.
The CD is held at Capital One, National Association. We confirmed with the FDIC that it is an active insured institution — certificate #4297, McLean, Virginia — with coverage up to $250,000 per depositor, per ownership category.
The trade-off is the one every CD carries: your money is locked for the term, and withdrawing early forfeits interest. But if you want to lock a strong rate with no minimum and no desire to commit beyond a year, this is a genuinely good pick. This is not financial advice; the rate can change for new CDs, so confirm the current APY before opening.
How does a certificate of deposit (CD) work?
A certificate of deposit locks your money for a fixed term in exchange for a fixed rate. You agree not to touch the funds until maturity; withdrawing early usually triggers a penalty of several months' interest. When the term ends, many CDs auto-renew unless you move the money.
How much could you earn with the Capital One 360 1-Year CD?
At a 3.9% APY, a $10,000 balance in the Capital One 360 1-Year CD earns about $390 in interest over a year, before taxes. Double the balance and you roughly double the interest; your real return depends on how long the rate holds.
Illustrative estimate based on the figures on this page, not an offer. Your results will differ.
What are the pros and cons of the Capital One 360 1-Year CD?
The Capital One 360 1-Year CD stands out for 3.90% APY — the peak of Capital One's current CD ladder, though funds are locked for the 12-month term.
- 3.90% APY — the peak of Capital One's current CD ladder
- No minimum deposit to open
- Capital One, N.A., FDIC-insured (verified with the regulator)
- Funds are locked for the 12-month term
- Early withdrawal forfeits interest (penalty applies)
- Longer terms currently pay slightly less (the rate ladder is inverted)
Who should get the Capital One 360 1-Year CD?
The Capital One 360 1-Year CD is best for savers who want to lock a strong 1-year rate with no minimum.
- Savers who want to lock a strong 1-year rate with no minimum
- Anyone building a CD ladder who wants the highest rung (12 months here)
- People who already bank with Capital One
How does the Capital One 360 1-Year CD compare?
Among the 9 certificates of deposit (cds) we track, the Capital One 360 1-Year CD ranks #3 with a money8020 score of 94/100.
| Product | Score | Tier | Provider |
|---|---|---|---|
| Bread Savings CD | 99 | Essential | Bread Savings (Comenity Capital Bank) |
| Marcus by Goldman Sachs High-Yield CD | 99 | Essential | Marcus by Goldman Sachs |
| Capital One 360 1-Year CD | 94 | Essential | Capital One |
| Sallie Mae 18-Month CD | 93 | Essential | Sallie Mae Bank |
| E*TRADE Certificate of Deposit | 92 | Essential | Morgan Stanley Private Bank, N.A. |
See all certificates of deposit (cds), ranked →
Common mistakes to avoid with a certificate of deposit (CD)
- Locking up money you might need before maturity and eating an early-withdrawal penalty.
- Letting the CD auto-renew into a lower rate instead of shopping at maturity.
- Picking the longest term for a slightly higher rate when a shorter ladder gives more flexibility.
- Ignoring the minimum deposit required to open the term you want.
Key takeaways
- Capital One 360 1-Year CD earns a money8020 score of 94/100, ranking #3 of 9 certificates of deposit (cds).
- 3.90% APY — the peak of Capital One's current CD ladder
- At a 3.9% APY, a $10,000 balance in the Capital One 360 1-Year CD earns about $390 in interest over a year, before taxes.
- Best for savers who want to lock a strong 1-year rate with no minimum.
- Rate and FDIC status fetched from Capital One and corroborated against a regulator.
Frequently asked questions about the Capital One 360 1-Year CD
Is there a minimum deposit for the Capital One 360 1-Year CD?
No. Per Capital One, the 360 CD has no minimum balance to open, and the 1-year term pays a 3.90% APY (as of 05/30/2026). The rate is fixed once you open, but it can change for new CDs, so confirm the current APY on Capital One's site before locking in.
Is the Capital One 360 CD FDIC insured?
Yes. The CD is held at Capital One, National Association, which we confirmed with the FDIC is an active insured institution (certificate #4297, McLean, Virginia). Deposits are insured up to $250,000 per depositor, per ownership category.
What happens if I withdraw from the Capital One 360 1-Year CD early?
Most CDs charge an early-withdrawal penalty — commonly several months' interest — if you take the money out before maturity. Only commit funds you won't need during the term.
Does the Capital One 360 1-Year CD renew automatically?
Many CDs auto-renew at maturity into a new term at the then-current rate unless you withdraw or change it during a short grace period. Confirm the renewal terms with the provider.
Sources
We fetched these figures from the provider and corroborated them against a regulator, last checked May 30, 2026. Primary sources: