Capital One CD Account Review: 11-Month Special CD Rate Now at 5.00% APY

Capital One is now offering a 11-month corticate of deposit that currently has a 5.00 percent APY. I have to admit, it's nice to see shorter term CD rates as high as 5.00 percent, the last time CD rates were that high was back in 2008 just before the financial crisis and Great Recession. This 5.00 special CD rate offer is only available until 3/14/23, so take advantage of it while you can. The 11-month special CD rate from Capital One is one of the best CD rates currently available.

Capital One CD Account Review: 11-Month Special CD Rate Now at 5.00% APY

Current Capital One CD Rates

  • 6 Months 3.30% APY
  • 9 Months 3.30% APY
  • 11 Months 5.00% APY
  • 12 Months 4.15% APY
  • 18 Months 4.25% APY
  • 24 Months 4.30% APY
  • 30 Months 4.30% APY
  • 36 Months 4.30% APY
  • 48 Months 4.20% APY
  • 60 Months 4.10% APY
  • Capital One CD Account Review

    Capital One offers a variety of Certificate of Deposit (CD) options for customers looking for a safe and secure investment option. Their online CD accounts offer competitive interest rates, flexible term options, and the peace of mind that comes with FDIC insurance.

    One of the standout features of Capital One's CD accounts is the variety of term options available. Customers can choose from terms ranging from 6 months to 60 months, allowing them to tailor their investment to meet their specific savings goals and timeline. Additionally, Capital One's online CD accounts offer competitive interest rates, providing a solid return on investment for customers.

    Another advantage of Capital One's CD accounts is the ease of managing the accounts online. Customers can easily track their account balances and monitor interest earnings through Capital One's online banking platform. Additionally, Capital One's online CD accounts are FDIC-insured, providing peace of mind for customers and ensuring that their savings are protected.

    In terms of penalties, Capital One's CD accounts do have an early withdrawal penalty, which is typical for most CD accounts. However, customers do have the option to withdraw interest earned without penalty, providing some flexibility for those who may need to access their funds before the end of the term.

    Overall, Capital One's CD accounts offer a solid investment option for customers who are looking for a safe and secure way to grow their savings. The variety of term options, competitive interest rates, and ease of management through Capital One's online banking platform make them a great choice for those who want to earn a solid return on their investment. You can view a current list of CD rates from Captial One here: Online CD Savings Accounts & Interest Rates | Capital One

     
    Author: Brian McKay
    February 2nd, 2023

    Explore Other CD Rate Offers