Capital One Introduces 11-Month CD at 4.1% APY with No Deposit Threshold
Capital One now offers a top CD rate of 4.1% APY on an 11-month term with zero minimum deposit. The Federal Reserve cut its target rate three times in 2025 by a full percentage point, driving CD yields lower across institutions.
1. Product Offering
Capital One has launched an 11-month certificate of deposit offering 4.1% APY and requires no minimum opening deposit, positioning it as one of the highest-yielding short-term savings products available today.
2. Interest Rate Environment
After reducing its target rate by one percentage point over three cuts in 2025, the Federal Reserve’s easing cycle has prompted banks to lower deposit yields, making current CD rates particularly attractive for locking in returns.
3. Competitive Context
Online and regional banks continue to offer competitive CD rates at or above 4% APY; Capital One’s no-deposit requirement seeks to draw savers comparing term lengths, penalty structures and access flexibility.