The Capital One 360 Checking account is a competitive interest-bearing account offering tiered rates allowing those with larger balances to earn more. The account is free, permits mobile deposits and online bill payments, and also offers a free first checkbook with 50 checks.
Capital One stopped charging nonsufficient fund (NSF) fees and capped overdrafts at one a day in August 2021. In December 2021 the bank announced that it was also eliminating overdraft fees, effective early 2022. Capital One stopped offering an overdraft line for new account holders as of May 15, 2020.
Capital One 360 Checking users have access to more than 70,000 fee-free ATMs, including ATMs in the Allpoint and MoneyPass networks.
In addition, mobile app users can utilize Capital One’s Add Cash in Store feature to deposit up to $999 a day up to five times a month at CVS stores through a cashier.
Also, with early paycheck, direct deposit customers may be able to receive paychecks or other funds up to two days early.
The 360 Checking account earns interest on all balances and requires no minimum balance.
Customers have access to more than 70,000 ATMs in Capital One’s own network, and the Allpoint and MoneyPass networks.
Mobile app users can deposit cash at CVS stores.