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Capital One 360 Checking review

A fee-free account that offers early paychecks, flexible overdrafts and international access.’s rating: 4.2 / 5.0


A strong option for globetrotters and those who want early access to their paycheck, the Capital One 360 Checking account has no fees or minimums. And thanks to its flexible overdraft options, it’s also ideal for fluctuating account balances. The more you save, the more interest you’ll earn — though there are other banks that can beat Capital One’s rates.

$0 per month





Minimum deposit to open


Fee$0 per month
Minimum deposit to open$0
ATMs70,000+ Capital One and Allpoint ATMs nationwide
ATM transaction fee$0
Out-of-network ATM fee$0
Foreign transaction fee0%
Overdraft fee$35
Nonsufficient funds fee$9

Review by

Katia Iervasi is a staff writer who hails from Australia and now calls New York home. Her writing and analysis has been featured on sites like Forbes, Best Company and Financial Advisor around the world. Armed with a BA in Communication and a journalistic eye for detail, she navigates insurance and finance topics for Finder, so you can splash your cash smartly (and be a pro when the subject pops up at dinner parties).

Expert review

The Capital One 360 Checking account is all about convenience and offers easy access to your money at 70,000+ Capital One and Allpoint ATMs nationwide, no overdraft fees and zero foreign transaction fees. It’s also one of the few brick-and-mortar banks to offer early access to direct deposits.

Its fixed APY is higher than the national average, but you can find better rates elsewhere. If a free account with higher yields is what you’re after, you may want to keep looking.

How do I open a Capital One 360 Checking account?

You can open a 360 Checking account online or in person at a Capital One branch.

The bank claims it takes just five minutes to fill out the online form. These are the steps:

  1. Go to the provider’s site and follow the steps to apply.
  2. From the the Capital One website, hover over the Checking & Savings tab and select 360 Checking.
  3. On the landing page, click Open Account.
  4. Log in if you have an existing Capital One account, credit card or loan. If you don’t, press No.
  5. Choose your Account Type: Single or Joint.
  6. Enter your Personal, Contact, Citizenship and Employment details.
  7. Review and consent to the Terms & Conditions.
  8. Press Now, Let’s Add Money.
  9. Follow the prompts to provide identifying documents and fund your initial deposit. Capital One will then confirm those details and send you an account number.


To qualify for a 360 Checking account, you must be:

  • 18 or older
  • A US citizen or permanent resident with a physical address and Social Security Number

Required information

When you apply, have the following info and documents handy:

  • Personal and employment details
  • Social Security Number
  • Citizenship status
  • Government-issued ID, such as a Driver’s License or State ID

What are the benefits of a checking account with Capital One?

This FDIC-insured account comes with a Mastercard debit card, wide ranging customer service and these other benefits:

  • No fees. It costs nothing to open and maintain an account. You won’t be charged foreign transaction fees, either.
  • Early direct deposit. Capital One is among the few brick-and-mortar banks to offer direct deposit paychecks up to two days early.
  • 0.10% interest rate. The interest rate is higher than the 0.03% national average. But online-only banks offer much higher rates.
  • Check-writing privileges. If you need paper checks, Capital One will send you your first checkbook for free. After that, it costs $5 for 50 checks.
  • Lenient overdraft policy. Unlike many of its competitors, Capital One gives you four options to choose from to avoid paying any overdraft fees — which can add up quickly at $30 to $40 each.
  • Complimentary credit monitoring. Download the CreditWise app to monitor your credit score, learn how to improve it and receive email alerts if it changes.
  • Savvy online banking tools. Transfer money, pay bills, set up alerts and deposit checks with a tap of the app.
  • Deactivate card online. Sign into your account to deactivate a stolen or missing card yourself.

What are the overdraft options?

If your account falls below zero, these are your choices:

  • Auto-decline. Opt into this and Capital One will decline any transactions that will cause your account to become overdrawn.
  • Next day grace. The bank will pay for the overdraft transaction and give you one business day to add funds to your account. If you don’t, you’ll have to cough up $35.
  • Free savings transfer. Move money across from your 360 Savings account to cover what you owe.
  • Overdraft line of credit. Capital One will take care of the overdrawn amount — up to $1,000 — and you’ll pay 13.25% interest on that amount for as long as your account is in deficit.

Capital One’s ATM network and fees

When you receive your Mastercard debit card, you can withdraw cash and check your account balance at over 39,000 Capital One and AllPoint ATMs — which are located at select Target, Walgreens, CVS and convenience stores across the country.

Some ATMs support cash and check deposits, too. To find a compatible one near you, use the search function on Capital One’s website.

If you dip your card into overseas or out-of-network ATMs, however, check whether the ATM owner will charge you.

What should I look out for?

Capital One’s 360 Checking Account stands out in a sea of bank accounts for many reasons, but it has its flaws. These include:

  • Limited branch access. As a proudly modern bank, Capital One encourages online banking — so you won’t find a branch on every corner. Any accounts under the 360 umbrella are classified as online-only, though you can open them in person.
  • Miscellaneous charges. While the checking account is fee-free, you’ll need to pay for above-and-beyond services like $20 overnight check delivery, $25 overnight card replacement and $25 for each stop payment request. If a check bounces due to insufficient funds, you’ll incur a $9 fee — even if you have overdraft protection in place.
  • Expensive outbound wires. Capital One charges $40 to send domestic wires and doesn’t support sending international wires. It’s free to receive domestic and international transfers, though.
  • Credit check. If you choose to apply for the Overdraft Line of Credit, the bank will perform a hard pull on your credit, which may affect your credit score.
  • Short support window. Unlike many online banks, Capital One doesn’t offer 24/7 customer service. You can only reach the team by phone and live chat from 8 a.m. to 8 p.m, seven days a week.

If you’re unsure about whether this account is the best fit for your financial situation, you can compare it with other checking accounts before applying.

How much do I need to open an account?

$0. The checking account has no minimum opening deposit or minimum balance requirement.

Compare with other checking accounts

Name Product APY Minimum deposit to open ATMs Out-of-network ATM fee
Aspiration Spend & Save Account
Finder Rating: 4.2 / 5: ★★★★★
Aspiration Spend & Save Account
5.00% on balances of $0 to $10,000
55,000+ free Allpoint ATMs worldwide
Deposits are fossil fuel-free and insured by the FDIC. Enjoy a spend and save combo account with unlimited cash back rewards and a $150 bonus when you spend $1,000 in your first 60 days.
NorthOne Business Banking
Finder Rating: 3.4 / 5: ★★★★★
NorthOne Business Banking
withdraw cash at any Cirrus branded ATM location (+1,000,000 locations accross the U.S + 2m worldwide), including MoneyPass ATMs

NorthOne Business Banking is an all-in-one solution for small business owners, startups and freelancers. It boasts unlimited free transactions, subaccounts, and robust bookkeeping integrations.
Citi Priority Checking
Citi Priority Checking
Over 72,000 fee-free ATMs in the U.S.
Secure online banking and access to cash with one of the largest networks of fee-free ATMs in the US. Earn up to $1,500 when you open an eligible account and complete required activities.
Finder Rating: 4.8 / 5: ★★★★★
1.20% on balances of $0 to $50,000
0.25% on balances of $50,000.01+
More than 85,000 ATMs nationwide
A free account for crypto and cash that earns a 1.2% bonus rate plus 5% cashback on purchases from participating retailers.
First Citizens Bank Free Checking
First Citizens Bank Free Checking
1,100+ First Citizens Bank ATMs
First Citizens Bank Free Checking stands out for its built-in finance tracking tool, Manage My Money. Available to residents in NC, SC, TN, AZ, CA, CO, FL, GA, KS, MD, MO, NM, OK, OR, TX, VA, WA, WV, and WI.
Chime Spending account
Finder Rating: 4.7 / 5: ★★★★★
Chime Spending account
60,000+ fee-free ATMs
Get rid of fees with this financial app offering consumer-friendly accounts. Chime can also help you save easily and access your paycheck faster.

Compare up to 4 providers

What other checking options does Capital One offer?

Teens aged 13 to 17 can open a Capital One MONEY account. It motivates teens to save with real-time text alerts and an interest rate of 0.25% on all balances.

The online checking account comes with no fees or minimum balance requirements. It’s a joint account, so an adult must cosign and have access to the account.

Does this bank offer business services?

Yes. Capital One has two customized business checking accounts:

  • Spark Business Basic Checking. To help businesses control their cash flow, this account offers unlimited transactions and free overdraft protection. There’s a $15 monthly service fee, which Capital One will waive if your previous 30- or 90-day balance averages $2,000 or more.
  • Spark Business Unlimited Checking. Ideal for bigger businesses or those with a more steady stream of income, this account has unlimited transactions, fee-free cash deposits and five free domestic wires each month. Capital One will waive the $35 monthly maintenance fee if your prior 30- or 90-day balance averages $25,000 or more.

Frequently asked questions

Checking account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.

Read the full methodology of how we rate checking accounts.

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