What I love about capital one 360 is that I get the interest rate of an online bank but I have branches near me in New York where I can deposit cash or checks in the atm if i don't choose to mobile deposit. Also the customer is top of the line!
I banked with WF for years, simply because that was the bank that my parents used and my very first account. Two years ago, I lost my job and started looking for ways to save money. That's when I discovered Capital One and decided to open a Money Market account with them, since a friend referred me and explained that I would get a $100 credit by signing up with her code, in addition to a 2% interest rate. I decided to try it and obtained $180 after the first 30 days of opening the account; $80 as interest, and $100 from my friend's referral code. I can't believe that I had spent so many years banking with institutions that only offered %0.01 for my money! While doing my research, I also saw that other banks advertise a 2% interest rate but when I clicked to find out more information, it was only offered on CD accounts, which means that I would have not been able to touch my money for 9 or 12 months. With Capital One's Money Market, that's not an issue. I can receive a high interest rate while also being able to access that money any time, without paying any penalties. Capital One 360 has helped me obtain more for my money and keep better track of my credit score through its "creditwise" reports. Once I got hired and started working full-time again, I also decided to start using Capital One credit cards. I started with the Quicksilver, and now I have the Savor card. I love how easy it is to pay or transfer money both through my computer and the phone app. I loved Quicksilver because it felt like a very honest card, you get 1.5% cash back on ALL your purchases, period. I didn't have to try to figure out if I was only getting 1% on gas, but 2% on entertainment, or try to figure out which purchase would classify for cash back. I now have the Savor card because I do spend a significant amount of money eating out and on entertainment, and the 4% cash back adds up fairly quickly. I genuinely feel that Capital One 360 has helped me improve my financial life and I prefer this bank over any of the other banks that I have used: higher interest, better and quicker customer service, and easy to use phone app. My only suggestion would be that I wish Capital One offered mortgage options, that way I wouldn't have to look for mortgage lenders through another bank. I highly recommend Capital One and think that you will find the right account and card for your needs. Here's my referral code, in case you decided to try it. I receive $20 for referring you, and you receive $100 for opening a new 360 account (360 Checking, 360 Savings or 360 Money Market), with an initial deposit of $250. Enjoy! https://capital.one/2Xrh0Wx
My parents tried to wire me money and the bank repeatedly refused the transaction. I am guessing its because they don't charge any fees for wires. The wire went through fine in my Chase account. It's a shame that they try to get people in by saying no fees and stuff and then they deny people promised benefits.
Always liked this bank until I had to deal with their IRA department. They are either totally criminal or totally incompetent or both. They emptied my husband's IRA on August 29th, per our request, but as of today (September 20th) the money has yet to show up at its destination! Repeated attempts to handle wasted a lot of time and patience, netted many excuses but still no money. They supposedly put a stopped payment on the first check and sent another. Either has yet to arrive. Even the US post couldn't possibly have lost two different checks in a row or have taken this long to get something from Minnesota to Florida, for crying out loud. Is someone investing our money on the side for a little extra profit? How can a bank operate this way when all it actually can provide for all the money it makes is trust?
Someone should investigate whether Capital One deliberately engages in falsely advertised CD rates. A year ago I build a CD-ladder (1, 3, and 5 year). They advertised good rates that went up for each additional year that I tied up my money. The confirmation numbers thru online purchase did not show the purchased rate, so had no proof. When I checked the account, they had locked in all of my money for 5 years at the lowest (12 mo. rate). I called to complain, and they tortured me with terrible "customer service" agents who said the rates had changed after my purchase. Eventually they agreed to give the 5 yr. rates for all 4 CDs, A year later, all my CDs are earning the 12 mo rate.
Is 7-18-2018. I want to tell about the experience I have with Capital One. They run a promotion a few months ago for deposit $250,000.00 stay 90 days and receive $1000 bonus. After I did it, no bonus received, I called and called over 10 times and went by to the branch, now is 18 days passed. They gave me the run around, they repeatedly told me: would be post to your account tonight just to get me off the phone. I do not understand why capital one treat customer this way. Be aware, don't be the next victim. Is not worth the time.
I set up a money market online with Capitol One. That is the only way to do it with them. They took monies out of my checking account and when i logged onto my supposed account, the money market wasnt there. ZI thought my money had vanished, I was panicked. I called and they referred it to their tech dept which I heard from the following week. Turns out that their online system doesnt work very well. They now have to go in to the system and redo it. So I cant log into my account online for 2 more weeks, thru no fault of my own. You would think since they are online accounts, they would have this system perfected!
On 1/5/18, I tried to close my account. I am unable to close my account online (the bank doesn't offer that feature). I called them. I was on hold for 2 hours and transferred 5 times. I was asked countless security questions, and answered each one correctly. However, then I was transferred again to another person, and the call was dropped during the transfer. My account balance is $0. I have filed a complaint against the bank with the Federal Reserve. All I want to do is close my account.
They make too many mistakes. I have a Capital One 360 account that was originally and ING account. I would be out $1790 if I didn't catch their mistake, then I asked them for my statements going back which they sent,and they send me somebody else's statements.
do you suffer from pmb or mail forwarding service and BANK PROBLEMS? If you have pmb and no residence These people are thieves. I have evidence that proves CapitalOne360 are Thieves. And further-more the said victim is a Surviving Vets spouse and senior citizen.
To find out information on your particular situation, please call the bank’s customer service at 1-800-289-1992.
Some of the main differences are: different interest rates, the savings account has an introductory interest rate for the first 6 months and a minimum initial deposit of $5, both of which the 360 account lacks. You can better compare the two accounts here: https://www.capitalone.com/savings-accounts/compare/ .
You have several options: Use the 360 Checking Debit Card anywhere MasterCard is accepted. Use the 360 Checking payment features. Access cash for free at over 38,000 Allpoint® ATMs with your Card; or from merchants that allow cash back as a part of a PIN-based purchase. Get a cash advance from a participating local bank using your Card for up to $5,000. Keep in mind the bank may have a lower withdrawal limit than Capital One 360.
You can do that with online banking. For more information about online transfers, use this link: https://www.capitalone.com/online-banking/transfer-funds/ .
Unfortunately, you will not receive a debit card when opening the 360 savings account. After your application is approved, you will receive the terms and conditions for the account which you will have to sign.
Capital One is a FDIC member, so the savings accounts are federally insured.
Yes, the Capital One 360 Money Market account is FDIC insured.
Yes, you will receive a free debit card when opening any Capital One checking account, including the 360 Checking account.
You can withdraw funds by transferring money between your accounts online, through the Interactive Phone Service, or by speaking with a Capital One 360 Associate.
In the event that in a given week, for this product, there were multiple applicable rates in our database based on different criteria, the above graph reflects the lowest interest rate recorded. Before submitting an application, always verify with the issuing institution (i.e. bank, credit union, other lender) the rates, fees, and all terms and conditions accompanying the application.