Yes, Capital One is FDIC-insured (FDIC certificate No. 33954). Each depositor qualifies for up to $250,000 of coverage per account ownership type.

Competitive APY: While the Capital One 360 Checking® account doesn't have the best checking account APY, it is much higher than most of the rates we've come across. Fee free: It's smart to avoid checking account fees and this account helps you do so by cutting ATM and monthly maintenance fees.

Capital One 360 accounts don't have hidden fees. You don't pay monthly maintenance fees for checking or savings; checking doesn't have overdraft or foreign transaction fees.

For this comparison, we've reviewed Chase Total Checking and Capital One 360 Checking. In general, many consumers will find Capital One's account more favorable, as it comes without fees and even earns a decent yield for a checking account.

no minimum balance Manage your money quickly and easily with 360 Checking - whether it's online, in person or with our mobile app. All with no minimum balance required and no monthly fees.

As a new 360 Checking customer, you'll receive a debit card when you open your first account. If you open an account online, your debit card will be shipped to the mailing address on your account via USPS in about 7-10 business days in a discreet envelope. Sign in to track your debit card delivery online.

The limit is $800 for ATM withdrawals set up in advance using the bank's mobile app. Capital One: ATM withdrawals made using a 360 Checking Card have a daily limit of $1,000.

This document describes 360 Checking® and Overdraft Services. When you see the words "you" and "your," they mean each person who owns an account or each trustee who is legally entitled to manage an account. The words "the bank," "our," "us," "we," and "Capital One" mean Capital One, N.A.

ATM withdrawal limits Please find the standard limits for some of our products: 360 Checking: $1,000 per day. Money accounts where the account owner is less than 18 years old: $500 per day. Non-360 products: $600 per day.

The total daily limit when depositing checks at an ATM is $999,999.99. There is no limit on the amount of an individual check up to this amount. When depositing cash at an ATM there is no daily cash deposit limit up to our $5 million total deposit limit. The one-time cash deposit maximum is generally $5,000.

Total card purchases and withdrawals are limited to $5,000 per day. This includes ATM withdrawals, cash advances, and signature and PIN-based purchases.

$1,000 per day This includes ATM withdrawals, cash advances, and signature and PIN-based purchases. Withdrawals from an ATM made using a 360 Checking Card are limited to $1,000 per day. You can lower this limit by calling us at 1-800-655-2265.

What is the offer? Earn a $350 bonus after opening a new 360 Checking account and receive at least two qualifying direct deposits of $250 each within 75 days of opening your account. Your deposit must be “externally sourced funds,” meaning they come from a source not affiliated with Capital One.

Cons

• Some competitors offer higher rates on interest checking accounts.
• Capital One charges $30 for outgoing domestic wire transfers. That's more than some banks charge for this service.

No monthly fee and interest-earning: It's somewhat rare to find a no-monthly-fee checking account that pays interest, but Capital One 360 Checking does: 0.10% APY on all balances. There's also no opening balance requirement.

no minimum balance Manage your money quickly and easily with 360 Checking - whether it's online, in person or with our mobile app. All with no minimum balance required and no monthly fees.