Capital One 360 CD review

Capital One 360 CD is a sound pick if your goal is about a year away. Its rate table effective 11/13/2026 showed 4.45% APY on the 12-month term, 3.75% on 9 months and 3.30% on 6 months, while terms from 18 to 60 months paid 3.50% to 3.60%. There is no minimum deposit and no monthly fee, and Capital One says opening takes about 5 minutes. The penalty is simple to read: 3 months of interest for terms of 12 months or less and 6 months of interest for longer terms, and you cannot make a partial withdrawal. Interest compounds and is credited monthly. Phone support runs 7 days a week from 8 a.m. to 11 p.m. ET. Discover's CD page now shows the Capital One 360 CD. The weak spot is anything beyond 12 months, where Barclays and Marcus pay about a full point more.

Who it is for

savers who want a 12-month CD at a big bank

Price

$0 monthly fees and no minimum deposit; 4.45% APY on 12 months as of 11/13/2026.

No minimum deposit, no monthly fees.
Quoted from the vendor pricing page on November 13, 2026.

Key features

• 4.45% APY on the 12-month term as of 11/13/2026
• Nine terms from 6 to 60 months; 3.30% to 3.75% on 6 and 9 months
• No minimum deposit and no monthly fees
• Opening takes about 5 minutes, according to Capital One
• Phone support 7 days a week, 8 a.m. to 11 p.m. ET

Strengths and weaknesses

• Strength: Strong 12-month rate at 4.45% APY with no minimum
• Strength: Clear penalty: 3 months of interest on terms of 12 months or less
• Strength: Capital One says opening takes about 5 minutes
• Weakness: Terms longer than 12 months pay only 3.50% to 3.60% APY
• Weakness: 6 months of interest penalty on terms longer than 12 months
• Weakness: No partial withdrawals during the term

Key facts

• Top APY: 4.45% (12 months)
• Terms: 6 to 60 months
• Minimum deposit: None
• Early withdrawal penalty: 3 months interest (12 months or less), 6 months (longer)

Where it ranks

Capital One 360 CD is No. 5 in our Best CD Rates verdict.