Capital One Bank offers various Certificate of Deposit (CD) rates, with Annual Percentage Yields (APYs) that vary based on the term length. Currently, the rates for their online CDs range from 3.70% to 4.00% APY.
Capital One Online CD Rates
CDs are a type of savings account that holds a fixed amount of money for a fixed period of time, and in return, the investor earns interest. They are known for their predictable returns and tend to offer higher interest rates than traditional savings accounts, especially for longer terms. Here are the current online CD rates offered by Capital One:
| CD Term | Annual Percentage Yield (APY) |
|---|---|
| 6 Months | 3.80% |
| 9 Months | 3.80% |
| 12 Months | 4.00% |
| 18 Months | 3.70% |
(Note: Rates are subject to change and may vary based on market conditions. For the most up-to-date information, it's always recommended to visit the official Capital One website.)
Understanding Capital One CDs
Capital One's online CDs provide a secure way to grow your savings with competitive rates. Key features often include:
- Fixed Rates: Your APY is locked in for the entire term, providing predictable earnings.
- Term Flexibility: A variety of term lengths allow you to choose one that aligns with your financial goals, whether short-term or longer-term savings.
- FDIC Insurance: Deposits are typically insured by the FDIC up to the maximum amount allowed by law, offering peace of mind.
To learn more about these accounts and their current offerings, you can visit the Capital One Online CDs page.
