The bottom line: Capital One stands out with one of the best combinations of online bank perks — no checking or savings fees, a competitive savings rate and high CD rates — and a brick-and-mortar presence. It offers a top-of-the-line bank experience with strong customer support and doesn't charge any overdraft fees.
Plus, Capital One offers some of the best rates when compared to other huge companies. Even the checking accounts earn interest. If you're looking for a reputable company with millions of customers, Capital One could be a good choice.
Pay your bills, get cash, make deposits, and transfer money–all without monthly fees and extra trips to the bank. You can open a checking account online and manage your account securely by signing in on your phone or computer, instead of waiting for the bank to open first.
deposit of at least $250 • No monthly service charge when you keep a minimum daily balance of $300 or more in this account OR • You receive at least one direct deposit in the amount of $250 or more each statement cycle. A minimum deposit required at time of account opening.
Fairbank is founder, Chairman, Chief Executive Officer, and President of Capital One Financial Corporation. As an innovator and entrepreneurial leader, Mr. Fairbank has grown Capital One from a start-up to one of the ten largest banks in America and 100 largest companies in the country as ranked by Fortune Magazine.
Capital One Bank (USA), N.A., and Capital One, N.A., are both FDIC members. Our FDIC certificate numbers are 33954 and 4297, respectively. All deposits in each Capital One banking institution are now separately FDIC-insured to at least $250,000 per depositor, per ownership category.
At our Capital One bank branches, you can take care of all your banking needs—either DIY or with the help of our friendly Ambassadors. Services include: Get cash.
Where Capital One is really different is because they are primarily a credit card lender, that is not the case for most other banks. For example, I know Wells Fargo and Bank of America have mortgage loans, auto loans, they are not primarily a credit card lender.
An expert recommends having four bank accounts for budgeting and building wealth. Open two checking accounts, one for bills and one for spending money. Have a savings account for your emergency fund, then a second account for other savings goals.
The Takeaway
So, can the government take money out of your bank account? The answer is yes – sort of. While the government may not be the one directly taking the money out of someone's account, they can permit an employer or financial institution to do so.
Chase has some innovative features, but Capital One offers far better rates on savings. Both banks have no minimum deposit, but while Chase favors higher deposits with better rates, Capital One rewards investors who commit to a longer term.
Capital One issues Visa credit cards and Mastercard credit cards both. Unlike Capital One, which is a bank, Visa and Mastercard are card networks.
ATM withdrawal limits
360 Checking: $1,000 per day. Money accounts where the account owner is less than 18 years old: $500 per day. Non-360 products: $600 per day.
Withdrawals from an ATM made using a 360 Checking Card are limited to $1,000 per day. You can lower this limit by calling us at 1-800-655-2265.
When will I receive my debit card in the mail? As a new 360 Checking customer, you'll receive a debit card when you open your first account. If you open an account online, your debit card will be shipped to the mailing address on your account via USPS in about 5-7 business days in a plain, white envelope.