If you are wondering what services you can get from Capital One, then here are some of them. Read through and see what fits you best.
Checking Account
Capital One’s 360 Checking account is an interest-bearing account. It has tiered rates, allowing larger balances to earn even more. You can open and keep the account for free. Your first checkbook also comes for free. You can make transactions with it online like paying bills or making deposits. In case you have overdraft problems, 360 Checking customers have three options: use the overdraft protection that includes auto-declines, use free savings transfers, or apply for an overdraft credit line.
checking account
Balances earn interests.
There are no fees or maintaining phone number database balance.
Get fee-free choices to avoid overdraft charges.
Cons
There is a limited number of branches.
Account-holders generally earn less than 1 percent APY.
Savings Account
Capital One’s 360 Savings account has no maintaining balance requirement. It also has earnings that are 10 times the national average for all balances. This account is ideal for all levels of savers. The account is also accessible online and through mobile devices. Besides, you can set savings goals and automatic savings plans online or on mobile. You may also move money from your 360 Checking to your 360 Savings.
Pros
You don’t incur monthly service fees with this account.
Mobile deposits and automated savings a document to help educate plans are available in the app.
The APY is 10 times higher than the national average.
Cons
Since every account offers a huge APY, there is no longer a tiered option to earn more interest.
Other banks offer a much higher APY option.
The savings account has no option for an ATM card.
Money Market Account
The APY of Capital One’s 360 Money Market has a competitive APY for balances $10,000 or more. However, there is no ATM card option for this account; no check-writing privileges either. Nevertheless, with this sale lead account, you get a tool that would aid in tracking your savings goals. You can deposit checks anytime using cellphones.
This account has a competitive yield.
You won’t incur monthly maintenance fees.
There is no minimum balance in keeping your account.
The APY of this account is one of the top APYs offered.
