How much does Capital One 360 Checking cost?

Monthly fee: $0. No monthly fee or minimum balance requirement. Minimum to open: $0.

Can Capital One 360 Checking overdraft?

Offers a fee-free overdraft buffer for eligible customers. By default (Auto-Decline), transactions that would overdraw the account are generally declined. You can opt into a free automatic transfer from a linked Capital One savings or money market account, or into No-Fee Overdraft, which lets approved transactions take you below $0 with no fee once you've deposited at least $250 in 2 of the previous 3 calendar months (new accounts wait until the third month). A negative balance must be repaid, and one lasting 56 consecutive days leads to account closure.

Capital One 360 Checking

ChexSystems: may check

Capital One's account terms say it may pull consumer reports when you apply. Those can include banking-history reports like ChexSystems.

Capital One's 360 Checking disclosures say it may request a consumer (credit) report in connection with your account, and later reports for account-related purposes. It may also report account information to consumer reporting agencies and check verification systems, which could affect your ability to open accounts in the future. ChexSystems isn't named.¹

Bank. Checked October 21, 2026, then by a second reader.

Monthly fee: $0^1,3
To open: $0^1,3
Overdraft: Fee-free buffer^1,3
Paper checks: Yes
Mobile check deposit: Yes
Where: Nationwide, online
Deposit insurance: FDIC insured
Bank On certified: Yes²

What it is

A no-monthly-fee, no-minimum online checking account that you can open from anywhere in the 50 states or D.C. Overdrafts are declined by default, and there's an optional No-Fee Overdraft feature once you've made regular deposits. It includes a free first checkbook. Capital One says it may pull a consumer report and doesn't market the account to people with past banking problems.^1,3

Does Capital One use ChexSystems?

Capital One's account terms say it may pull consumer reports when you apply. Those can include banking-history reports like ChexSystems. Capital One's 360 Checking disclosures say it may request a consumer (credit) report in connection with your account, and later reports for account-related purposes. It may also report account information to consumer reporting agencies and check verification systems, which could affect your ability to open accounts in the future. ChexSystems isn't named.¹

Fees and overdraft

Monthly fee: $0. No monthly fee or minimum balance requirement.^1,3
Minimum to open: $0
Overdraft: By default (Auto-Decline), transactions that would overdraw the account are generally declined. You can opt into a free automatic transfer from a linked Capital One savings or money market account, or into No-Fee Overdraft, which lets approved transactions take you below $0 with no fee once you've deposited at least $250 in 2 of the previous 3 calendar months (new accounts wait until the third month). A negative balance must be repaid, and one lasting 56 consecutive days leads to account closure.
ATMs: No Capital One fee at Capital One, MoneyPass and Allpoint ATMs (70,000+); other ATM owners may charge their own fees.
Early direct deposit: Yes

Who can open it

Opened online by U.S. citizens or permanent residents 18 and older with a physical address in one of the 50 states or D.C. (or a military APO/FPO address), a U.S. mobile number and an SSN or ITIN. Accounts must be funded within 60 days of approval.

Deposit insurance: Capital One, N.A., Member FDIC

If you've been denied before

If a bank or credit union turns you down because of a checking account report, it must send you an "adverse action" notice with the name and contact information of the reporting company it used.^4,5
By law, you can get a free copy of your checking account report once every 12 months, and you are also entitled to a free copy if a bank turns you down because of it.^6,7
If your checking account report has an error, you have the right to dispute it with the reporting company and with the bank or credit union that supplied the information. Under the FCRA, companies must investigate disputes free of charge.^6,7,8
The Office of the Comptroller of the Currency (OCC) says negative information generally stays on ChexSystems and Early Warning Services reports for five years.⁹

ChexSystems, explained

Opened or were turned down for this account recently? Tell us what happened at contact@secondchanceindex.com. We check reports against Capital One's own terms before changing anything.

Cite this page

Second Chance Index, "Capital One 360 Checking" https://secondchanceindex.com/bank-accounts/capital-one-360-checking, checked October 21, 2026.

Sources

Each source was opened and checked on October 21, 2026.

360 Checking Account Disclosures | Capital OneCapital One, N.A.
Accounts – BankOnBank On
Online Checking Account | No-Fee 360 Checking | Capital OneCapital One, N.A.
Why was I denied a checking account?Consumer Financial Protection Bureau
15 U.S. Code § 1681m - Requirements on users of consumer reportsLegal Information Institute, Cornell Law School (U.S. Code text)
How do I get a copy of my checking account consumer report?Consumer Financial Protection Bureau
Chex Systems, Inc. (List of consumer reporting companies)Consumer Financial Protection Bureau
Early Warning Services, LLC (List of consumer reporting companies)Consumer Financial Protection Bureau
How long does negative information stay on ChexSystems & EWS reports?Office of the Comptroller of the Currency (HelpWithMyBank.gov)