Rate updated · 63 banks tracked
Capital One savings account rate: 3.20% APY
Capital One pays 3.20% on its savings account — ranking in the lower half of the 63 banks SwitchWize tracks, where the best available rate is 4.33%. (Updated November 1, 2026.)
Is Capital One a good savings rate? Not really. At 3.20% it trails the 4.33% best available rate, leaving about $283 a year on the table on a $25,000 balance.
The gap, in your dollars
At 3.20%, $25,000 earns $800/yr here versus $1,083/yr at the field leader — a $283/yr difference.
See your exact number →Higher-paying alternatives we track
Rates subject to change. Verify before switching.
Frequently asked questions
What is Capital One's savings account interest rate?▾
Capital One pays 3.20% APY on its savings account as of November 1, 2026, based on rates SwitchWize tracks across 63 banks.
Is Capital One's savings rate good?▾
Capital One's 3.20% ranks in the lower half of tracked banks. The best available rate is 4.33% and the FDIC national average is 0.38%.
Which banks pay more than Capital One?▾
Higher-paying tracked options include sofi, valley direct, dollarsavingsdirect. Compare rates at /banks to find the best current option.
General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.