Skip Navigation LinksHelp Topics > 360 Savings > Automatic Savings Plan

Automatic Savings Plan

What is an Automatic Savings Plan?

An Automatic Savings Plan allows you to maximize your savings by having a fixed amount of money regularly transferred from your linked checking account to your 360 Checking, MONEY, 360 Savings or Kids Savings Account. You can even set up automatic transfers from your 360 Checking to your 360 Savings. Set yours up during the account opening process or anytime after signing in to capitalone360.com.

Is there a minimum amount or frequency for the Automatic Savings Plan?

Capital One 360 does not have any minimum deposit requirements. You choose the amount you want to save and when you want to save it. The frequency can be monthly, bi-weekly and weekly, or you can set up more than one Automatic Savings Plan to get the frequency you’d like.

How do I create, edit or cancel an Automatic Savings Plan?

To set up an Automatic Savings Plan:

  1. Sign in to capitalone360.com.
  2. Click on the 'Automatic Savings Plan' tab and select 'Start Saving' from the 'How It Works' tab.
  3. Choose the amount you want to save, how often you'd like it deposited and the start date.

To edit the transaction start date or amount of an Automatic Savings Plan:

 

  1. Sign in to capitalone360.com
  2. Go to the 'Automatic Savings Plan' tab and go to 'Savings Plans.' 
  3. Click on the savings plan you want to edit and click 'Change' in the upper right-hand corner.
  4. Enter the new start date or amount.

 

To change the From Account, To Account or Frequency of an Automatic Savings Plan you'll need to first delete it and set a new one up. Here's how:

  1. Sign in to capitalone360.com.
  2. Go to the 'Automatic Savings Plan' tab and click 'Savings Plans.'
  3. Click on the savings plan you want to cancel and click 'Delete' in the upper right-hand corner.
  4. Set up a new Automatic Savings Plan.

To cancel an Automatic Savings Plan:

  1. Sign in to capitalone360.com.
  2. Go to the 'Automatic Savings Plan' tab and click 'Savings Plans.'
  3. Click on the savings plan you want to cancel and click 'Delete' in the upper right-hand corner.

Please Note: If you cancel an Automatic Savings Plan, ALL future occurrences of the transaction will be deleted. Be sure to make your cancel request 24 hours before the planned transfer.

Why do Automatic Savings Plan transactions show on my Capital One 360 statement on different days than they show on my checking account statement?

We post the transaction on the date we request your funds. Your checking account bank will typically receive this request 2 business days later. Remember, if the scheduled transfer falls on a bank holiday, the transaction occurs the next business day.

Banking, Credit Card, Auto Finance, and Home Loan products and services are offered by the Capital One family of companies, including Capital One Bank (USA), N.A. and Capital One, N.A. NMLS ID 453156, Members FDIC.

Securities are offered by Capital One Investing, LLC, a registered broker-dealer and Member FINRAOpens a new window/SIPC Opens a new window . Advisory services are provided by Capital One Advisors, LLC, an SEC registered investment advisor. Insurance products are offered through Capital One Agency LLC. All are subsidiaries of Capital One Financial Corporation.

ShareBuilder and Capital One ShareBuilder are marketing names for Capital One Investing, LLC.  ShareBuilder 401k and ShareBuilder Advisors are the marketing names for Capital One Advisors, LLC.

Securities and services are: Not FDIC insured • Not bank guaranteed • May lose value • Not a deposit • Not Insured by any Federal Government Agency

© 2015 Capital One. All rights reserved.