Capital One Offers 4.10% APY on 14-Month CD

Capital One, a prominent banking institution based in Tysons, Virginia, has been recognized for its competitive CD rates, offering a secure investment option with attractive returns. The bank's CD rates are among the most competitive in the industry, providing a less stressful way to grow cash reserves steadily.

Capital One offers a variety of CD terms to cater to different savings goals, each with a solid annual percentage yield (APY) and the flexibility to customize the interest payout schedule. The bank provides 12 different CD terms ranging from six to 60 months. Interest accrues daily and is deposited monthly into the account.

As of June 30, 2025, Capital One's top APY on a CD account is 4.10% on a 14-month CD. Other terms and their respective APYs include 3.80% for 6, 9, 10, and 11-month terms, 4.00% for a 1-year term, 3.70% for an 18-month term, and 3.50% for 2, 3, 4, 5, and 60-month terms.

Capital One's standard CD features include a minimum opening deposit of $0, an early withdrawal penalty of three months of interest for terms 12 months or less, and six months of interest for terms greater than 12 months. The bank's CDs are FDIC insured up to $250,000 per member, providing an additional layer of security for investors.

While Capital One's CD rates are competitive, other banks may offer better rates in some cases. For instance, Northern Bank Direct offers a higher APY of 4.60% for a 6-month term compared to Capital One's 3.80%. However, Capital One's rates are comparable to or better than those offered by Discover for most terms.

In addition to its 360 CDs, Capital One offers a range of products for individual customers, businesses, and commercial entities, including checking, savings, loans, credit cards, and investment accounts. The bank's CDs are a popular choice for those looking for a low-risk investment option with attractive returns.

Capital One's CDs require no minimum deposit, making them a convenient option for those who may not have a large sum of money to invest. Interest is compounded monthly, and while early withdrawals are possible, they come with penalties ranging from three to six months of interest, depending on the term length. The only exception is a 10-day grace period upon opening the account.

Capital One's CD rates are generally higher than those offered by some savings accounts on the market. However, CDs are more restrictive, as they do not allow for withdrawals without incurring penalties. This makes them a suitable option for those who can commit to leaving their money untouched for the duration of the term.