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Capital One review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Capital One suits US savers who want an easy-access account that costs nothing to run, with savings covered by FDIC protection of FDIC up to USD 250,000. The trade-off is access: money moves through app, phone and branch under the access terms, and the rate is variable.

Key facts

Best for
Easy-access US savings with no monthly charge and FDIC-backed protection.
Rate type
Variable↗
Minimum deposit
$0↗
Deposit protection
FDIC up to USD 250,000↗
Access terms
On-demand access 24/7 by app, phone and branch; no ATM withdrawal; six transfers per statement cycle to third parties, currently not enforced↗
Monthly fee
$0↗
Account kind
Easy access↗
Legal entity
Capital One, National Association↗
Headquarters
United States↗
Founded
1985↗
Support channels
Phone, Help-centre, Chat↗
Pricing model
No monthly fee
Official website
capitalone.com

Everyday accounts

Currency conversion fee
0%↗
Local account details
Us-ACH↗
Transfer fee
Zelle transfers free; outgoing wire may be charged↗
Features
Free ATM withdrawals, Joint account

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaLinkedInX

Pros and cons

Pros

  • Savings sit under FDIC up to USD 250,000 protection, with the bank licensed as FDIC cert 4297
  • The access terms give on demand access around the clock by app, phone and branch
  • It is an easy access account priced at a variable rate, with nothing locked for a term
  • The checking account lists free ATM withdrawals and joint accounts under free atm and joint account

Cons

  • Its account kind is easy access, so notice and fixed savings terms are not among the options here
  • The rate is variable, so what you earn can move rather than staying set for a term
  • On the checking account Zelle transfers free; outgoing wire may be charged, so sending money abroad can add a cost
Capital One

Ready to try Capital One?

Scored 9.4 / 10 by VaultCue.

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Who it suits

  • US savers who want an easy-access account with a monthly fee of $0 and a $0 minimum deposit
  • People who want deposits covered under FDIC up to USD 250,000
  • Joint savers and users of free ATM withdrawals on the checking side, both under free atm and joint account

Who should look elsewhere

  • Readers who want the rate locked in should compare AXI Card Tarjeta y Credito, where the rate is fixed
  • Readers who prefer a notice or fixed savings term should compare Plazo ES, which prices at fixed
  • Readers who want a bank outside the US should compare XTB, as this one is headquartered in the United States and runs payments over us ach

How Capital One compares

Where Capital One is available

Available
United States
Licence in United States
FDIC (FDIC cert 4297), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

Is there a monthly fee on the savings account?+

The savings account carries a monthly fee of $0 and the pricing model is listed as no monthly fee, so there is no monthly charge to keep it running. That matches the monthly fee median of €0 across the accounts on the site.

How much do I need to deposit to open it?+

The minimum deposit is $0, and Capital One ranks at 1 of 370 brands on that measure. You can open the account without funding it, then move money in over US ACH, the local detail listed under us ach.

Is my money protected?+

Deposits are covered by FDIC up to USD 250,000. The bank is licensed as FDIC cert 4297 in its home market of US, and balances are held by Capital One, National Association. The scheme covers deposits, which is what an easy-access savings balance is.

How do I get money out of the account?+

The access terms give on demand access around the clock by app, phone and branch, with third party transfers limited to a set number per statement cycle, currently not enforced. The checking account lists free ATM withdrawals and joint accounts under free atm and joint account, so day to day cash access sits on the checking side.

Is the interest rate fixed?+

The rate is variable, so what you earn can move rather than staying locked for a set period. The account kind is easy access, which means there is no fixed deposit term to commit to. That suits savers who may need the money without giving notice.

What do transfers and currency conversions cost on the checking side?+

On the checking account, the currency conversion fee is 0% and the transfer terms are Zelle transfers free; outgoing wire may be charged. Features listed for that account include free ATM withdrawals and joint accounts, both under free atm and joint account, which matters if you keep day to day money there.

How do I get help?+

Support runs through phone, help centre and chat, so you can reach the bank by phone, in the help centre or by chat. Branch access is also part of the access terms for the savings account, and app access works around the clock.

Where is the bank based and who is it for?+

The bank is headquartered in the United States and was founded in 1985, and payments run over US ACH, listed under us ach. It suits savers resident in the US who want an easy-access account with a $0 monthly fee.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Headline rate, Term.

Capital One

Capital One

Easy-access US savings with no monthly charge and FDIC-backed protection.

9.4/10See alternatives