Rates checked November 1, 2026
Capital One CD vs savings account
Capital One's 12-month CD pays 4.00% APY, against 3.20% on its savings account. Over the term that is about $80 more on $10,000, in exchange for locking the money up.
Each CD term against savings
| Term | CD APY | Savings APY | CD earns extra |
|---|---|---|---|
| 6-month | 3.30% | 3.20% | $5 |
| 12-month | 4.00% | 3.20% | $80 |
| 18-month | 3.60% | 3.20% | $61 |
| 2-year | 3.50% | 3.20% | $62 |
| 3-year | 3.50% | 3.20% | $96 |
| 5-year | 3.60% | 3.20% | $228 |
Extra interest over the full term on $10,000, before taxes. The savings figure assumes today's rate stays the same the whole time; a savings rate can change, a CD rate cannot. It ignores early withdrawal penalties.
Questions
Should I use a Capital One CD or its savings account?
The CD pays more. Its best term, 12-month, earns 4.00% against 3.20% in savings, about $80 more over the term on $10,000. The catch is that the money is locked up, and taking it out early costs a penalty.
What is Capital One's savings rate compared with its CDs?
Capital One's savings account pays 3.20% APY. Its CDs pay 3.30% to 4.00% depending on the term.
Can the savings rate change after I open the account?
Yes. A savings rate can go up or down at any time. A CD rate is fixed for the whole term. The savings figures on this page assume today's rate stays the same, so treat them as a snapshot, not a promise.
General information only. Rates change often; confirm the rate, minimum deposit and early withdrawal penalty with the bank before you open a CD. SwitchWize is not a bank and does not give financial advice.