Hello there!
In a month, I hope to create a new checking account with Capital One.
What benefits and drawbacks come with banking with them?
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Cash deposits are not the most convenient to make. Customer service is not always easy to understand because they outsource like huge enterprises. Apart from that, there are relatively few disadvantages. Industry-leading digital banking platform, one of the highest yielding savings alternatives available, interest-bearing checking, and competitive CDs if you go that route.
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Capital One 360 Performance Savings is a solid choice for a high-yield savings account with a user-friendly platform and no hidden fees. However, if frequent ATM access or the potential for an even higher interest rate are crucial for you, you might consider other options.
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They can be tough to deal with when opening new accounts because they require identity verification from several people, both in person and online. Aside from that, they appear to be less scammy than my previous experiences with Citibank or Chase.
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I find it quite challenging to open new accounts due to the need to verify my identity multiple times, both in person and online. It can be a bit frustrating to go through this process repeatedly. In my experience, they appear to be less scammy compared to my previous interactions with Citibank or Chase.