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Capital One 2024 CD Rates: 6-Month APY Tops 1.80%

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  Published in Stocks and Investing on Saturday, November 15th 2025 at 19:50 GMT by Fortune

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Capital One CD Rates in 2024 – A Quick Guide to What the Fortune Article Tells Us

The recent Fortune piece on Capital One’s certificate‑of‑deposit (CD) rates pulls together a snapshot of the bank’s most competitive fixed‑income offerings for the year. It also places those rates in context by pointing readers toward comparison tools and practical tips for getting started. Below is a concise but comprehensive overview of the key take‑aways from that article, complete with the most up‑to‑date numbers it lists and the additional resources it recommends.

1. The Core Numbers

At the heart of the article is a clean, easy‑to‑read table that lists Capital One’s CD rates by term. As of the time the piece was written (late March 2024), the rates were:

Why the numbers matter – The table shows that, unlike many banks that keep short‑term CDs at the lower end of the spectrum, Capital One gives its 6‑month product a notably higher APY. The longest 5‑year term is the most attractive, topping 2 %—a solid rate for a relatively long commitment.

The article stresses that all these figures are subject to change, and it advises readers to verify them on the official Capital One site (the link provided in the article leads directly to the CD‑rates page). That is a prudent reminder because even a 0.05 % swing can affect your earnings over a long term.

2. What the Terms Mean in Practice

Capital One’s CDs are designed for the typical savers who want flexibility without the hassle of complicated tiers. Key points from the article include:

• Minimum deposit – $25, making it one of the more accessible options in the market.
• Early withdrawal – Like most CDs, early cashing forfeits a portion of the earned interest. The article notes that the penalty is “standard” and not unusually punitive.
• FDIC insurance – All deposits are protected up to $250 k per account holder.
• Online application – You can open a CD entirely online, then fund it via ACH, check, or a transfer from another Capital One account.

The article also mentions that the bank offers an “automatic renewal” feature, meaning that if you let a CD mature, it will roll over into a new CD at the then‑current rate—unless you choose to close the account or reallocate the funds.

3. Where Capital One Stands Among the Competition

A major selling point of the Fortune piece is its side‑by‑side comparison to other high‑yield banks. A quick look at the article’s linked comparison table shows:

The takeaway is clear: Capital One’s rates are competitive but not the highest in every category. Ally and Marcus are a few ticks ahead on the 12‑month rate, while CIT takes the lead on the 5‑year term. Yet the advantage of Capital One is its low minimum and the integrated experience if you already use their 360 banking platform.

The article also links to external resources that help readers explore “best‑in‑class” CDs for different goals, such as “Best Short‑Term CDs” or “Best Long‑Term CDs” pages on finance‑comparison sites.

4. How to Get Started

If the numbers look appealing, the Fortune article walks you through the process:

1. Visit the Capital One 360 portal – Click the link in the article and sign up or log in.
2. Choose a CD term – Pick the period that matches your liquidity needs.
3. Set the amount – Even the modest $25 minimum will get you in.
4. Fund – Link a bank account or transfer funds.
5. Confirm – Review the terms, especially the early‑withdrawal policy, then click “Open CD.”

The article emphasizes that the entire flow takes only a few minutes and that you can monitor your CD’s status via the 360 dashboard or the mobile app.

5. Quick Tips for Maximizing Returns

• Stick to the term – The APYs are only guaranteed for the period you choose. Withdrawing early means losing interest.
• Look for promotional rates – Occasionally, Capital One offers a one‑month “introductory” CD with a slightly higher yield; the article notes this as a potential opportunity.
• Consider laddering – The article recommends building a CD ladder—opening several CDs with staggered maturity dates—to keep cash flowing and still enjoy high rates.
• Keep an eye on the Fed – If the Federal Reserve signals an upcoming rate hike, the bank may adjust its CD yields. The article reminds you to check the official rates page regularly.

6. Bottom Line

Capital One’s 2024 CD rates, as outlined by Fortune, make the bank a solid choice for savers who value low minimums and the convenience of an integrated digital platform. While it may not hold the absolute top spot in every term category, its offerings are competitive, especially when combined with the bank’s no‑fee savings products and user‑friendly online tools.

The article’s links—to the official Capital One CD rates page, to comparison resources, and to broader articles on fixed‑income savings—provide a handy roadmap for anyone who wants to dive deeper. By staying current with the posted rates and understanding the terms, you can decide whether a Capital One CD is the right fit for your savings strategy this year.