Capital One Bank Review USA
This article explains all you need to know about Capital One Bank.
Capital One Bank Pros
APY (annual percentage yield) high: Performance Savings account. The smartphone app is among the best in banking. It also gives free credit score access and card locking.
There are no monthly fees for 360 Checking and Performance Savings.
Capital One Bank Cons
* Savings rates never peak: Rates are high, but not the highest on the market.
Why Capital One Bank?
It’s a full-service online bank. To earn competitive APY on internet savings accounts, avoid monthly maintenance fees, and access accounts and credit scores from their phones.
Can Capital One Bank Help?
Capital One is an online bank that provides:
Savings account with Capital One 360. Despite having an APR of 0.60 percent, it is not the highest. No minimum balance required * No monthly maintenance fees
Capital One’s Kids Savings account is a terrific alternative for parents. No monthly fees, no minimum balance restrictions. It yields 0.30 percent.
Both parents and children can use custody accounts, albeit transfers require parental approval. Account automatically switches to 360 Savings at age 18.
Capital One 360 also offers a 0.10 percent APY interest-bearing checking account (360 Checking).
* No monthly fees
* No minimum balance requirements
70,000 Capital One and partner ATMs are fee-free.
Children as early as eight years old can apply for the bank’s other checking account. MONEY They enable debit card use but not check writing. Parents and teens have access. Parents can get account activity alerts via text and email.
Minors can start 360 Checking accounts and transfer funds from their MONEY accounts.
Other Capital One Services
Capital One offers a wide range of accounts and services, including:
Capital One Bank Customer Services
877-383-4802; email; and Twitter (@AskCapitalOne).
Apps for mobile banking such as bill pay, credit score and card locking are also available. The App Store rating is 4.9 and Google Play is 4.7. 12
Capital One Bank Account Requirements
Open a Capital One account at CapitalOne.com. Customer login or create a new one.
* Employment and income
* Social Security number
Capital One Bank: Conclusion
Capital One is a great bank for those who mostly bank online. Everyone will find a suitable account. Without local branches, most banking is done online or through Capital One’s app. If you like to bank in person, it’s not the right bank. Capital One’s rates aren’t the highest, but they’re high.
Thanks for taking the time to read this blog post on Capital One Bank.