Additional information of 360 Performance Savings Account
Capital One Bank offers a highly recommended savings account, which can be opened online in just 5 minutes and offers a return of 4.15% APY (Annual Percentage Yield), a figure 5 times higher than the average interest-bearing account you can find at other banks.
The 360 Performance Savings account allows you to save easily through transfers from another checking account, which will be linked at the time of the first contribution. This current account can be from Capital One (we recommend the 360 checking, without commissions) or from any other financial institution.
For withdrawals you can also make free transfers at any time through the Internet to the linked checking account. By law, for this type of accounts you have a maximum of 6 withdrawals per month, having to pay if you make more or even the conditions of the account can be modified.
You don't have to pay any kind of monthly fee or maintain a minimum amount to have the 360 Performance Savings account open, receiving interest for any amount of money.
With this account, as with all other Capital One accounts and deposits, your money will be covered by the Federal Deposit Insurance Corporation (FDIC), which covers up to $250,000.
Español: Cuenta de ahorro 360 Performance