Capital One Money Market Account Review

Capital One Money Market Account is offered by Capital One, a bank founded in 1988 and based in McLean, VA. Capital One Money Market Account is offered in 50 states (and Washington, DC).

Are money market accounts from Capital One federally insured?

Yes, your Capital One money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the Capital One Money Market Account rates?

Capital One Money Market Account offers an APY starting at 0.85% and ranging up to 1.85% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1.

What are the Capital One Money Market Account fees?

Capital One Money Market Account does not charge a monthly maintenance fee.

What is the minimum balance for Capital One Money Market Account?

No minimum initial deposit. Capital One does not require a minimum initial deposit to open an account.

Interest rate minimum balance of $1. You must keep the account balance above $1 to earn interest.

What features and perks does Capital One Money Market Account offer?

This account does not seem to offer any of the features and perks we track.

How to open an account with Capital One

• Visit the Capital One website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.