My daughter had an ING account before she was born. Her college fund has been in her now Capital One 360 sincethey converted in 2012. She's now a senior in high school. They have terrific customer service.
@allisbookishadventures8260
3 ай бұрын
I love capital one 360 checking and savings.
@valg.3152
2 ай бұрын
I opened my account two days ago so far so good 😃
@deehope6186
3 ай бұрын
I like capital one 360 opened one for my teen and just changed to th HYSA after the regular account grew. Helps teens save money...I think😊
@PenniesNotPerfection
3 ай бұрын
That's great! Good job teaching saving early!
@conniet9288
3 ай бұрын
I have used them for years too. I like being able to have multiple savings and use like envelope system. Their interest rate is good (not best rate for me but still very good)
@dinaromero8277
24 күн бұрын
Want to apply for capital one 2:38
@ThriftyAsian
3 ай бұрын
Love my 360 saving account! ❤
@regayov
3 ай бұрын
I love them. I have several savings accounts dedicated to my month ahead and big sinking funds, like car, travel, pet, christmas/family. I also have my 5 year CD ladders.there and just started monthly CDs there too.
@PenniesNotPerfection
3 ай бұрын
Love it!
@NattyBabesBudgets
2 ай бұрын
Hello, so do I! But I have to ask, how do you manage not being able to instantly transfer the sinking funds back and forth to between your savings and your checking account?
@regayov
2 ай бұрын
@natrelletyson I keep my sinking funds at a different bank than my checking account or emergency fund. That way, it takes about three days to transfer to my main accounts. Am able to pay off any related credit card charges immediately though from those funds.
@Lynndra80
2 ай бұрын
I was with ING direct also. If anyone else has an old converted account check your interest rate. The 360 act is the true HYSA account. The converted ones have lower interest rates. I didn't notice that till last year. I had to open a new account and transfer everything over.
@PenniesNotPerfection
2 ай бұрын
Good point! I should have mentioned that. I didn’t like that they did that to long term customers, it felt sneaky having to open new accounts. Glad you noticed and thanks for reminding me about that!
@Stscey
2 ай бұрын
Thank you. I just found out yesterday. I am going to do the same thing.
@jaymesturdivan3635
Ай бұрын
Thank you for this information. I've been researching this account and your video is very informative and easy to understand. I do want to clarify; I'm making plans to travel out of the US and want to make sure I'm able to use this out of country. The site says that they don't charge foreign transaction fees, but you're saying that the atm in the other country may charge fees. So there are actually 2 separate fees at atms? Am I understanding that correctly???
@BronxBombers_726
Ай бұрын
Capital One does allow cash deposits at Walgreens and CVS Pharmacy. I've also used their Capital One Cafe in Atlanta, GA (Lenox Square) and in Scottsdale, AZ (Fashion SQ) Hopefully, they will add more cafes in more cities.
@PenniesNotPerfection
Ай бұрын
Great to know! I passed a capital one cafe on my vacation this summer and almost stopped just to experience it. I’m hoping they open more!
@PineappleGrenade84
27 күн бұрын
They have a cafe in Seattle
@beausbargarage6213
2 ай бұрын
Just started my 360 savings
@PenniesNotPerfection
2 ай бұрын
Congrats!
@You-bb5wo
2 ай бұрын
In regards to how you can have separate savings accounts for different situations, does the interest rate apply to each separate savings or the entire amount of money you have in your saves altogether? I’m 18 and interested in opening a checking and savings with capital one, and maybe my first credit card
@PenniesNotPerfection
2 ай бұрын
The interest is earned in each individual account. But the amount you earn in interest will be the same whether you have the money in 4 separate accounts or just 1 account. Definitely get in the habit of saving and be careful with your first credit card! Only charge what you can pay off!
@You-bb5wo
2 ай бұрын
Thank you for the tips
@jayocean4724
3 ай бұрын
Hey Mary would you recommend having 2 separate HYSA accounts
@PenniesNotPerfection
3 ай бұрын
Depends on your goals! I like having separate accounts personally but doesn’t work for everyone.
@valg.3152
Ай бұрын
@@PenniesNotPerfection Mary im thinking of getting another HYSA im torn between Ally and WealthFront. Any recommendations?
@heatherminton9873
Ай бұрын
@@valg.3152I'd like to know your opinion as well @PenniesNotPerfection
@ESV98
23 күн бұрын
@@valg.3152check CIT bank
@StephsHealthMatters
3 ай бұрын
I used to have ING Direct, that was so long ago
@PenniesNotPerfection
3 ай бұрын
It really was!!
@tashawilliams8093
3 ай бұрын
I like the convience of this bank.
@PenniesNotPerfection
3 ай бұрын
It’s been very convenient for us!
@catgodfrey6451
3 ай бұрын
Thank you for sharing. I have both with Capital One 360 😊❤😊
@PenniesNotPerfection
3 ай бұрын
Very nice!
@robyn_southafrica
3 ай бұрын
Quick question out of curiosity, do those separate savings accounts have their own individual account numbers or do you have to deposit/transfer money into the main checking account then distribute the different amounts into the different/separate savings accounts??🙈
@robyn_southafrica
3 ай бұрын
@@ResonatedReadings thanks! That's actually so cool.. easy to transfer from other accounts if necessary 😃
@PenniesNotPerfection
3 ай бұрын
They are individual accounts so they have their own numbers! It's nice because it's real accounts unlike some places that do sub accounts that are really just within the one account.
@YasAli2024
3 ай бұрын
Thank you so much for all the information you provided. The only question I have, is there specific time for saving money to be in the account before earning the interest? Like if you put $1000, can Start earning interest and if I need the money a month later, I can withdraw? Or it has to stay in the account for certain period?
@marcosylviat2832
3 ай бұрын
I have their HYSA and it earns interest monthly.
@YasAli2024
3 ай бұрын
@@marcosylviat2832thank you for replying. Appreciate it.
@PenniesNotPerfection
3 ай бұрын
You can start earning interest on your first dollar! Interest is only paid monthly so if you withdraw it early you would earn the interest for how long it was in the account but not the full month's amount.
@YasAli2024
3 ай бұрын
@@PenniesNotPerfection i really appreciate it. Thank you so much for taking the time to reply.
@NattyBabesBudgets
2 ай бұрын
I loved this for my digital saving system until I found out that you can’t transfer the money instantly between your external banking account (main checking account) and the capital one savings accounts. You have to wait 3 business days, and that’s not best for when it’s time to shop and the money I have put into categories for things like my groceries and other shopping expenses can’t be transferred instantly for use of my debit card. Capital one almost took the cake for me until they didn’t. Do you have any other suggestions for a savings account just like Capital One but it allows for instant transfers between the savings account and your bank?
@PenniesNotPerfection
2 ай бұрын
Why wouldn’t you just use a Capital One checking account? The transfers between savings would be instant. Is there a reason you want an external account but plan to transfer money from savings often for regular expenses?
@PenniesNotPerfection
2 ай бұрын
If you want instant transfers from savings the solution is going to be having savings and checking at the same institution (capital one or another).
@DjDJ-sd1un
3 ай бұрын
Would you reccommend it over Wealthfront?
@PenniesNotPerfection
3 ай бұрын
Depends on your needs. I probably would since it’s an actual bank and Wealthfront is fintech so it’s not actually a bank itself and operating with a partner bank.
@paulprince906
3 ай бұрын
Do I have to have direct deposit setup to qualify for the hight rates and no fees?
@PenniesNotPerfection
3 ай бұрын
Nope. You get the current rate no matter what and if you refer people you get a .5% boost for 3 months. No direct deposit required and no fees.
@Lp2074
3 ай бұрын
Can you go to a branch and withdraw cash on those higher 4.25 percent rate accounts.
@PenniesNotPerfection
3 ай бұрын
Sure it’s a savings account so it operates like any savings account where you can take money out.
@redscorpion9325
2 ай бұрын
Do you get charged extra Sub Savings Account?
@PenniesNotPerfection
2 ай бұрын
There is no extra charge to have multiple accounts.
@rogerfarley3300
3 ай бұрын
Do you still use Wealthfront?
@PenniesNotPerfection
3 ай бұрын
Yep!
@PenniesNotPerfection
3 ай бұрын
I use multiple accounts.
@rabitevil
2 ай бұрын
@@PenniesNotPerfectionfor high yield savings accounts?
@J.woltz48
3 ай бұрын
I'm 55 and earn about $450k annually, only save 30% in HYSA's. I've been reading a lot of articles mentioning how worthless 'cash savings' are in this current unstable economy, thus my question - real estate, stocks or gold, which will be a better investment as of now?
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