Banking » Compare Banks » Chase vs Capital One: Compare Banking Options
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Chase vs Capital One: Compare Banking Options

Chase has some innovative features, but Capital One offers far better rates on savings. Both banks have no minimum deposit, but while Chase favors higher deposits with better rates, Capital One rewards investors who commit to a longer term.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: January 1, 2024
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: January 1, 2024

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

Table Of Content

When Chase Bank Wins?

Both Chase and Capital One have a banking product line that rivals conventional high street banks.

In addition to its checking and savings accounts, Chase offers home loans, auto loans, home equity loans, and a variety of credit card options.

Chase can be a better choice than Capital One if:

  • You need a luxury credit card 

  • You can meet the fee waiver criteria

  • You want a promotion bonus

Chase_logo

When Capital One Bank Wins?

Capital One built its reputation as a credit card company, but it has developed a respectable line of banking products.

There are checking and saving accounts, loan refinancing, kids’ accounts, and auto finance.

Capital One can be a better choice than Chase if:

  • You plan to deposit high amount on CDs / savings account

  • You need a student credit card

  • You're ready for an online bank
Capital One
Chase Bank
Capital One
Savings Accounts
Checking Accounts
CDs
Money Market Account
Debit Card
Credit Cards
Personal Loans
Mortgage
Government Mortgage
Business Loans
Investing Capabilities

Savings Account

Both accounts are limited to a maximum of six withdrawals per month and both offer savings tools. However, when comparing the Chase and Capital One savings accounts, immediately you can see that Capital One has a far better rate. It offers an impressive 4.35% compared to the 0.01% – 0.02% offered by Chase. Another advantage is that Capital One’s savings account is completely fee free.

While it is possible to have the $5 fee waived by linking your checking account or maintaining a $300 account balance, you still need to monitor the account to ensure you don’t incur a fee.

Chase Bank
Capital One Bank
APY
0.01% – 0.02%
4.35%
Fees
$5 per month Can be waived if you carry $300 account balance at the start of the month, $25+ autosave or linking a Chase checking account
$0
Minimum Deposit
$25
$0
Checking Needed?
No
No
Main Benefits
  • Up to 6 transfers or withdrawals, 16,000+ ATMs
  • Quick Deposit checks by taking a picture with your smartphone
  • Up to 6 transfers or withdrawals per month
  • Digital Savings Tools including mobile check deposit, auto saving plans and savings goals

Checking Account

Capital One also has the edge in terms of checking accounts. Not only is the Capital One checking account fee free, but you can also earn interest on your account balance. Chase’s checking account does not attract interest and you need to make sure you meet certain conditions to have the $12 per month fee waived.

Capital One app overview
Capital One checking options (Screenshot from Capital One)

However, Chase does offer a welcome bonus when you open a qualifying account, and its checking account does have some nice features including paperless statements for up to seven years and checking account upgrade options.

Chase Bank
Capital one Bank
APY
None
0.10%
Fees
$12 Can be waived if you maintain a $1,000 minimum daily balance, making direct deposits or Associated SnapDeposits of $500 or more per statement cycle, or holding $2,500 in combined deposit accounts with the same statement cycle date or having a Health Savings Account or investment account
$0
Minimum Deposit
$0
$50
Main Benefits
  • Online secure bill payments through the website or app
  • Introductory welcome bonus if you open a qualified checking account
  • Paperless statements for up to seven years
  • Account alerts
  • Early Paycheck allows you to access your money up to 2 days sooner.
  • Next Day Grace in case of overdraft
  • Mobile banking with the app that allows you to freeze your card, deposit funds, and receive instant alerts on your transactions.
Chase send money with Zelle
Send money with Zelle on Chase app (Screenshot taken by our team from Chase app)

Compare CDs

When it comes to CDs, Capital One seems to be a better option. In addition to lower minimum deposit, you'll earn higher interest on your savings.

Capital One
Chase
Minimum Deposit
$0
$1000
APY Range
4.10% – 5.25%
3.00% – 5.00%
APY 6 months
4.35%
3.00%
APY 12 months
5.25%
3.00%
APY 24 months
4.40%
3.00%
APY 36 months
4.30%
3.00%
No Penalty CD
/
/

Mortgage Options

This is an area with no comparison. Chase various mortgage options, including  fixed rate and ARM loans. Chase also offers FHA and Jumbo loans. You can also get prequalified for your mortgage to speed up the home buying process. You can also purchase discount points on your mortgage deal for both home purchases and refinance packages.

However, currently Capital One does not offer mortgage products.

Loan Options

Both banks offer various loan products. While neither bank offers a personal loan, Chase has auto loans to finance your new or used vehicle. Capital One has slightly more loan products, with refinance loans and auto loans along with business lending.

Credit Cards

Chase has a vast selection of 30+ credit card options. There are more than 20 travel cards, 7 business cards, and 7 hotel cards. Chase has a number of partners including Southwest, United, Hyatt, Disney, Amazon, and Starbucks. This allows you to tailor your card rewards to your preferred brands.

Most of the Chase cards have no annual fee, but there are some exceptions. For example, the Sapphire Reserve card has a $550 annual fee, but you can earn 5x points on flights and 10x points on car rentals and hotels.

Chase also offers some intriguing cards, such as the Chase Freedom Flex. Each quarter you activate this card, you can earn 5% cash back on up to $1,500 in combined bonus category purchases.

Card
Rewards
Bonus
Annual Fee

chase_sapphire_preffered

Chase Sapphire Preferred® Card
2X – 5X 5x total points on travel purchased through Chase Ultimate Rewards, 3x points on dining and online grocery purchases and 2x on other travel purchases. Plus, earn 1 point per dollar spent on all other purchases
60,000 points 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening
$95

Chase Freedom Flex

Chase Freedom Flex℠ Card
1-5%
$200
$0

chase freedom unlimited card

Chase Freedom Unlimited®
1.5% – 5% 5% on travel purchased through Chase Ultimate Rewards, 3% on dining at restaurants, including takeout and eligible delivery services, 3% on drugstore purchases and 1.5% cash back on all purchases
Up to $300 additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year)- worth up to $300 cash back
$0

Chase Sapphire Reserve®
1X – 10X 5X total points on air travel and 10X total points on hotels, car rentals when you purchase through Chase Ultimate Rewards®, immediately after earning your $300 annual travel credit. Also, earn 3x points on dining at restaurants and travel (after meeting the $300 travel credit), then 1x points per dollar spent on all other purchases
60,000 points 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening
$550

Marriott Bonvoy Boundless Card review 2019

Marriott Bonvoy Boundless® Credit Card
1x – 6X 6X points per $1 spent at over 7,000 hotels participating in Marriott Bonvoy® with the Marriott Bonvoy Boundless® Card, 3X on the first $6,000 spent in combined purchases each year on grocery stores, gas stations, and dining and 2X Bonvoy points for every $1 spent on all other purchases
3 Free Nights 3 Free Nights (each night valued up to 50,000 points) after you spend $3,000 on purchases in your first 3 months from your account opening
$95
united explorer
United Explorer Card
1X – 2X 2x per $1 spent on United purchases, hotel accommodations, restaurants & eligible delivery services and 1x per $1 spent on all other purchases
60,000 miles 60,000 miles after spending $3,000 on purchases in the first 3 months your account is open
$95 ($0 first year)

Capital One also has an impressive variety of credit cards. The bank’s website allows you to browse the card options by credit rating, category and rate. If you have excellent credit, the Venture Rewards card offers 2X miles for every dollar with no annual fee.

You could also qualify for the QuickSilver Rewards card that offers an unlimited 1.5% cash back on all your purchases. If you want greater rewards, with an annual fee of $150, the Spark Cash Plus card pays 2% unlimited cash back.

Even if you only have fair credit, you’ll still have some great card options, for example, the QuickSilverOne Rewards card offers 1.5% unlimited cash back. If you’re looking to rebuild your credit, there is the Platinum Secured Card that is available with a deposit of $39 or more and provides a credit limit of $200. 

Card
Rewards
Bonus
Annual Fee

capital-one-venture

Capital One Venture Rewards Credit Card
2X 2X miles per dollar on every purchase, plus 5X miles on hotels and rental cars booked through Capital One Travel
75,000 miles 75,000 miles once they spend $4,000 on purchases within 3 months from account opening
$95
Capital One Quicksilver Cash Rewards Credit Card
1.5% 1.5% cash back on all purchases
$250 $200 cash bonus once you spend $500 on purchases within 3 months from account opening
$0

Venture X Rewards

Capital One Venture X Rewards Credit Card
1X – 10X 10 miles per dollar on hotels and rental cars when booking via Capital One Travel, 5 miles per dollar on flights and 2 miles per dollar on all eligible purchases
75,000 miles 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening
$395

Capital One Savor Cash Rewards Credit Card
1% – 4% unlimited 4% cash back on dining, entertainment, and popular streaming services, 3% at grocery stores and 1% on all other purchases.
$300 $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening
$95

capital_one_secured_mastercard

Capital One Secured Mastercard
N/A
N/A
$0

Customer Service

Chase’s customer service system is quite comprehensive. In addition to an indepth help website page, there are customer service lines, Twitter and Facebook support 7 am to 11pm ET Monday to Friday and 10 am to 7 pm ET on the weekends, or you can schedule a meeting with an agent in your local branch. Chase even has a dedicated line for military personnel and veterans whether they are here or overseas.

You can access the support page on the Capital One website and click on the appropriate link to access the phone number and details about when the service team is available. There is also a mailing address or you can tweet @AskCapitalOne. You can also use Eno, Capital One chat assistant.

Eno, Capital One assistant
Eno, Capital One assistant (Screenshot from Capital One)

Online/Digital Experience

Both Chase and Capital One have an app for iOS and Android devices. Chase’s app has similar ratings with 4.8/5 on the Apple Store and 4.4 out of 5 on Google Play. The Capital One mobile app is rated 4.8/5 and 4.9/5 on Apple and Google.

Both sites have a clean design and are easy to use that offers a great user experience. You can fully explore and compare the products and access how to videos and other support materials.

Top Offers From Our Partners

Chase_logo

Promotion:
$300 New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.. Expired on 4/17/2024
Chase Overdraft Assist
With Chase Overdraft AssistSM, you won’t be charged an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day

UpgradeLogo

Fees:
No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 
Promotion:
$300 Use Promo Code “AXOS300” for a $300 bonus when you apply for a Rewards Checking account
Up to 3.30% APY
to get the maximum rate (up to $50,000) you'll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

Promotion:
Up to $4,000 New customers may earn up to $4,000 when they open an eligible HSBC Premier checking account from January 8, 2024 through March 27, 2024 and complete qualifying activities:

• Receive a cash bonus of $1,500 when you deposit or invest $100,000 – $199,999.99

• Receive a cash bonus of $2,000 when you deposit or invest $200,000 – $299,999.99

• Receive a cash bonus of $2,500 when you deposit or invest $300,000 – 499,999.99

• Receive a cash bonus of $3,500 when you deposit or invest $500,000+

• Earn an extra $500 when you set up recurring monthly Direct Deposits totaling at least $5,000 for 3 months
Wealth Products & Advice
Get access to wealth products, insights and advice from an HSBC Financial Professional through HSBC Securities (USA) Inc
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.
Top Offers From Our Partners

Chase_logo

Promotion:
$300 New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.. Expired on 4/17/2024
Chase Overdraft Assist
With Chase Overdraft AssistSM, you won’t be charged an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day

UpgradeLogo

Fees:
No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 
Promotion:
$300 Use Promo Code “AXOS300” for a $300 bonus when you apply for a Rewards Checking account
Up to 3.30% APY
to get the maximum rate (up to $50,000) you'll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

Promotion:
Up to $4,000 New customers may earn up to $4,000 when they open an eligible HSBC Premier checking account from January 8, 2024 through March 27, 2024 and complete qualifying activities:

• Receive a cash bonus of $1,500 when you deposit or invest $100,000 – $199,999.99

• Receive a cash bonus of $2,000 when you deposit or invest $200,000 – $299,999.99

• Receive a cash bonus of $2,500 when you deposit or invest $300,000 – 499,999.99

• Receive a cash bonus of $3,500 when you deposit or invest $500,000+

• Earn an extra $500 when you set up recurring monthly Direct Deposits totaling at least $5,000 for 3 months
Wealth Products & Advice
Get access to wealth products, insights and advice from an HSBC Financial Professional through HSBC Securities (USA) Inc
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

Which Bank is The Winner?

Both Chase and Capital One are large reputable financial institutions, so to summarize which bank is better, we will need to recap the positives and potential negatives.

Chase has some innovative features, but Capital One offers far better rates on savings. Since you don’t need to worry about account management fees or the conditions to have the fees waived, you can concentrate on other aspects of your finances. 

If you are interested in CDs, which bank is better will depend on your preferences and circumstances. Both banks have no minimum deposit, but while Chase favors higher deposits with better rates, Capital One rewards investors who commit to a longer term.

Both banks offer a vast choice of credit card options, so it really comes down to what rewards and what brands you prefer to decide which bank offers the best choice for you.

Chase_logo
Capital One
The Smart Investor Logo
APY Savings The annual percentage yield (APY) is a percentage that represents the amount of money or interest earned on your savings account over the course of a year. The APY factored in compound interest. A savings calculator can help you quickly determine how much you'll earn with a given APY.
0.01% – 0.02%
4.35%
Up to 5.02%
Checking Fee The monthly fee on checking account
$12 Can be waived if you maintain a $1,000 minimum daily balance, making direct deposits or Associated SnapDeposits of $500 or more per statement cycle, or holding $2,500 in combined deposit accounts with the same statement cycle date or having a Health Savings Account or investment account
$0
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Mobile App Rating
4.8/5 on iOS
4.3/5 on Android
4.8/5 on iOS
4.7/5 on Android
Various Banks
Learn More
Learn More
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FAQs

Chase Bank offers bonuses on their checking account as well as welcome bonuses on many Chase credit cards. As of March 2024 , the Chase Total Checking offers $300 for opening a new  account.

As of March 2024, Capital One banking promotions are quite limited. Learn more about the Capital One new account bonus promotions.

The main benefit of Capital One bank account is the high rates you can get on its savings products. Whether you're looking for savings account, CD or MMA – the rates on Capital One are much higher compared to what Chase offers.

Capital One has some excellent products to help teens learn about finances. The Money teen checking account is actually open to children aged 8+. The account has parental controls that allow parents to keep an eye on their child’s spending and help them with teachable money moments. There are no fees or account minimums and the account comes with a free debit card.

There is also a kids savings account that is fee free with no minimum balance that pays 0.30%. You can link the accounts, which will help make it easier for your kids to manage their money and save.

Chase does have a strong history and a solid financial background. In addition to being FDIC insured, the bank has repaid its 2008 federal bail out funds.

This suggests that the bank was able to bounce back from the worst financial crisis in recent history. So, it stands to reason that Chase is prepared to handle any adverse economic times in the near future.

Capital One has made it easy to close your account, as you can complete the entire process online. When you sign into your account, you’ll find the option under the drop down menu.

The bank warns that your card will no longer be active and you’ll need to stop any regular automatic charges or you may incur charges. The bank will continue to issue statements until you have a zero account balance, so you can keep an eye on things.

As part of the JP Morgan group, Chase provides access to investment options from its sister company. You can work with an advisor or trade on your own in stocks, ETFs and options.

This means that you can use this platform to purchase gold stocks or invest in gold ETFs. New customers can also enjoy $0 online trades with unlimited commission free transactions with specific products. However, Chase has a very transparent fee structure, so you can make an informed decision about your investment strategy.

Top Offers From Our Partners

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Savings Rate: 5.21% APY
Minimum Deposit:
$0
 
CIT-Bank-Logo
Savings Rate: 5.05% APY
Minimum Deposit:
$5,000
Quontic bank logo
Savings Rate: 4.50% APY
Minimum Deposit:
$100
 
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

Capital One vs Chase: Comparison Methodology

In our detailed comparison, The Smart Investor team thoroughly looked at Capital One and Chase in five main areas:

  1. Checking Accounts (30%): We checked things like direct deposit, debit card availability, monthly fees, ATM and branch access, check deposit, bill pay options, and account alerts. We also considered any special offers for customers.

  2. Savings Accounts including CDs (20%): We focused on important stuff like how much interest you can earn (APY), the smallest amount you need to open an account, how flexible the accounts are, and if they're insured by FDIC. We also looked at special savings offers, different types of CDs, and any fees for taking money out early.

  3. Credit Cards (15%): We looked at what rewards you get, how much the card costs each year, any bonuses you get for signing up, perks for traveling, how much interest you pay on balances, and if you can transfer balances from other cards.

  4. Lending Options (15%): We checked out the different kinds of loans they offer, like personal loans, student loans, mortgages, and loans where you use your home as collateral.

  5. Customer Experience And Bank Reputation (20%): We looked into how easy it is to use their online and mobile banking, how helpful their customer support is, what people say about them online, any awards they've won, and how stable they are financially. This gave us a good idea of what it's like to be a customer and how much people trust them.

Compare Chase Versus Alternative Banks

Although Chase Bank has a modern, trendy image, it is one of the oldest banks in the United States. JP Morgan Chase's consumer division, Chase Bank, is one of the largest banks in the United States. Even though its interest rates aren't particularly competitive when compared to online banks and credit unions, loyal Chase customers who keep a significant amount of money with the bank can earn slightly better rates.

American Express is best known for its credit card business. The financial services firm, on the other hand, has a banking subsidiary that offers high-yield savings and CD accounts. For those looking to save money with a well-known financial institution, the American Express High Yield Savings Account is a popular option.

Read Full Comparison: American Express vs Chase Bank

Chase and Wells Fargo appear to offer very similar products at first glance, so we need to dig a little deeper. There is little to distinguish the savings accounts, and both banks provide a variety of checking accounts.

While Chase's account maintenance fee is slightly higher, it does have some more interesting features. Chase also has an advantage in terms of CDs, but Wells Fargo is a better option for loans and mortgages.

Read Full Comparison: Chase vs Wells Fargo: Where to Save Your Money?

The Chase and Citi checking accounts both have no minimum deposit and a monthly account maintenance fee of $12. This can also be waived with a balance of $1,500 or more, or with qualifying deposits.

Furthermore, both have a very impressive selection of more than credit card options.

Read Full Comparison: Chase vs Citi: Which Bank Account Wins?

The Discover checking account is more traditional. While the account does not pay interest, you can earn 1% cash back on debit card purchases. There are also no fees if you require a replacement debit card, have a deposit item returned, or have insufficient funds in your account.

Chase offers a wide range of banking products, including savings accounts, checking accounts, home loans, home equity options, auto loans, and a wide range of credit cards. In addition, Chase's customer service system is quite extensive.

Read Full Comparison: Discover vs Chase: Which Bank Account Suits You Best?

Chase has some great features including a massive selection of credit card options. Both banks also offer some great mortgage packages. PNC also has some innovative credit card options, and you can also access personal loans.

Read Full Comparison: Chase vs PNC Bank: Which Bank Account Is Better?

Because both Chase and TD Bank provide a comprehensive range of products, we'll need to summarize the benefits and drawbacks to determine which bank is superior.

Chase offers some novel features, including the possibility of comparable CD rates without the TD Bank's minimum deposit. However, there is little to distinguish the checking accounts, as TD Bank's savings rate is twice that of Chase.

Although Chase has more credit card options, don't discount TD Bank, which has some interesting options.

Read Full Comparison: Chase vs TD Bank: Which Bank Suits You Best?

Both banks have account maintenance fees that can be waived by meeting one of several requirements. The rates are also quite similar, so which bank is best will come down to what products you’re looking for.

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Chase vs. U.S. Bank: Which Bank Account Is Better?

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Chase vs. Truist Bank: Which Bank Account Is Better?

We'll explore Chase and BMO Bank savings accounts, checking accounts, CDs, credit cards, and lending products. Here's our winner:

In our opinion, Chase is the preferred option in this battle. But, there are significant differences between products. Here's our comparison:

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Chase vs. SoFi: Which Bank Account Is Better?

Compare Capital One With Other Banks

Discover Bank is a full-service online bank as well as a provider of payment services. Discover can be used for banking and retirement planning by individuals. Discover is best known for its credit cards with rewards, but it also provides personal, student, and home equity loans.

Capital One began as a credit card company, but it has grown to offer a diverse range of traditional banking services over the years. In addition to credit cards, it offers checking and savings accounts, loan refinancing, auto finance, and children's accounts. As a result, Capital One is more appealing to those seeking a traditional banking experience.

Read Full Comparison: Discover vs Capital One: Which Bank Account Wins?

Capital One is a premium online banking service that offers convenient, dependable service and physical locations to anyone looking for them. Capitol One 360, in addition to providing a trustworthy and dependable service, has no hidden fees or minimums, allowing you to continue earning interest on your daily money. There are over 38,000 fee-free ATMs and over 2,000 Capital One ATMs to meet your money access needs.

American Express is one of the world's most well-known credit card brand names. Customers can get a personal banking solution from American Express National Bank, which offers online savings and CD options. Personal savings accounts have a high potential yield. American Express National Bank is a respectable, secure banking option that does not offer any extra features but does offer the most important one.

Read Full Comparison: American Express vs Capital One: Which Bank Is Better For You?

CIT Bank offers a variety of savings accounts. Savings Connect has two tiers, with the first offering a higher rate if you make qualifying deposits and link your checking account. Savings Builder, on the other hand, offers 3.99 percent if you keep a balance of $25,000 or make monthly deposits of at least $100. There are no account maintenance fees, but you can only make six transactions per statement cycle.

Capital One offers a high yield savings account with a slightly lower rate than CIT Bank's top rate. However, you are not required to jump through any hoops. The account allows six withdrawals per calendar month, but there is no minimum deposit or balance requirement to keep your account open.

Read Full Comparison: CIT Bank vs Capital One: Which Bank Account Is Better?

Capital One began as a credit card company, but has expanded its line of banking products to rival a traditional bank. Aside from checking and savings accounts, you can also get loan refinancing, auto finance, and children's accounts.

Wells Fargo offers an even broader range of products. There are several checking accounts available, as well as two savings accounts and investment options such as IRAs and 401ks. You can also get loans and mortgages, as well as wealth management services. Wells Fargo is thus a highly comparable alternative to the traditional high street bank.

Read Full Comparison: Capital One vs Wells Fargo: Which Bank Wins?

Capital One made its name as a credit card company, but in recent years, it has developed a decent banking product line that rivals that of a traditional bank. Capital One offers loan refinancing, kids' accounts, and auto finance in addition to checking and savings accounts.

Credit One remains primarily a credit card company, but it does offer a limited range of banking products, including CDs.

Read Full Comparison: Capital One vs Credit One: Which Bank Account Is Better?

Ally has a decent banking product lineup that would make switching from a traditional high street bank relatively simple. Checking, savings, CDs, auto loans, personal loans, mortgages, investments, and retirement products are among the products available. The only obvious omission from the Ally line is the absence of a credit card.

Capital One began as a credit card company, but it has since expanded into a variety of other banking services. You can access auto finance, loan refinancing, and children's accounts in addition to savings and checking accounts.

Read Full Comparison: Ally vs Capital One: Compare Banking Options

Capital One began as a credit card company, but it has recently expanded its banking product line. Capital One offers checking and savings accounts, children's accounts, auto finance and refinancing, in addition to an impressive selection of credit cards.

Citi offers a diverse range of banking products, including checking and savings accounts, CDs, credit card options, mortgages, personal loans, wealth management plans, IRAs, and investment options.

Read Full Comparison: Citi vs Capital One: Which Bank is Best For You?

Bank of America has an impressive product lineup, as one would expect from a large banking institution. There are various checking and savings accounts, as well as numerous credit card options, auto loans, home loans, and investments. This makes switching from your current bank a breeze.

Capital One began as a credit company, but it has recently expanded its product line. You can now access checking and savings accounts, auto finance, refinancing, and children's accounts in addition to an impressive selection of credit cards.

Read Full Comparison: Bank of America vs Capital One: Which Bank Wins?

Picking the right bank account can be confusing, especially when looking at big banks like U.S. Bank and Capital One. Here's our winner: U.S. Bank vs. Capital One

Capital One is our winner as it offers a full banking package. But if you have specific checking requirements, M&T Bank may win. Here's why.

M&T Bank vs. Capital One: Which Bank Account Is Better?

Capital One is our winner as it offers a full banking package, which is better than TD Bank, especially if you have deposit needs. Here's why.

TD Bank vs. Capital One: Which Bank Account Is Better?

Regions Bank has physical branches you can visit, while Capital One operates mainly online. Let's compare their banking products: Regions Bank vs. Capital One

While PNC Bank is a brick-and-mortar bank, Capital One's presence is mainly online. Let's compare them and see which is our winner: Capital One vs. PNC Bank

Capital One is our winner as it is a better fit for most consumers, while HSBC banking products are designed for high-net-worth individuals.

Capital One vs. HSBC Bank: Which Bank Account Is Better?

Capital One is our winner for most consumers than Barclays bank. But, there are important things to consider when comparing them: Barclays Bank vs. Capital One

Capital One is our winner with a full banking package, including a decent checking option, high savings rates, and great credit cards.

Synchrony Bank vs. Capital One: Compare Banking Options

Banking Reviews

Lorraine Smithills

Lorraine Smithills

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
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