re: Capital One 360 Performance Savings - UPDATE: 4.35% APY as of 12/11/23

quote:

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Create one and transfer it to the 360 performance savings account

It took me 2 minutes on a computer

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I get it and this is what I did, but it’s frustrating. I’ve had a “High Yield Savings Account” through CapitalOne for the last 10+ years (originally with ING Direct). They transitioned me from the old high yield savings and checking accounts to the 360 versions.

However, when they release a new, equivalent/replacement product with a higher interest rate, I have to manually transfer everything and create a new account. Looks like this 360 Performance goes back to at least May, and is their only savings account. Why would they not just transition everyone with a savings account to their new product? Or even advertise it to their existing customers, since this is the first place I’ve seen it mentioned.