How much money can you earn with a capital one CD?

The more you put into the CD, the more interest you’ll earn throughout the term. Although you can earn more with a longer-term CD, Capital One’s longer-term CD rates aren’t as high as some of the shorter-term CDs. For example, the 5-year CD only earns a 3.50% APY, while the 1-year CD earns a 4.20% APY.

Do Capital One CDs have high interest rates?

Capital One CDs do have competitive interest rates, but you may be able to find higher rates by shopping around. We like that Capital One offers such high rates. But what’s refreshing to see is no minimum deposit requirement. Typically you’ll need $1,000 or more to open a CD, which isn’t obtainable for many people.

Are Capital One 360 CD rates good?

Capital One’s 360 CD rates are among the best available and far better than the national average CD rates. While the average 12-month CD earns 1.84% as of November 2024, according to data from the FDIC, a Capital One 360 12-month CD earns 4.10% APY. If you want to get the best CD rates, be sure to do your research.