Capital One: who holds your money
Capital One is a bank. Capital One says customer money is held at Capital One, National Association, with insurance reaching customers as direct FDIC insurance at a chartered bank. We read this information in the app's own public disclosure on September 5, 2026, and this page quotes that disclosure below. You can check each partner bank's own page on this site.
Capital One is itself a chartered bank, so customer deposits sit directly at Capital One, National Association, rated A. FDIC insurance applies directly, with coverage of $250,000 per depositor, per insured bank, for each account ownership category. Capital One’s disclosure was read as of September 5, 2026.
Bank
- Capital One, National AssociationFDIC #4297 · program bank20.8%above the insured limitA93.5
The figure is the share of total bank deposits above the $250,000 federal insurance limit, reported quarterly to the FDIC. High shares are normal for banks holding large app program balances. They do not mean your balance is uninsured: pass-through insurance usually covers customers individually at the partner bank. Across US banks in 2022 to 2026, those above roughly 36% saw large quarterly total deposit declines more often than those below. Most banks above that level saw no such fall. This measures deposit movement and does not predict trouble for any bank.
Disclosure
Products and services are offered by Capital One, N.A., Member FDIC.
www.capitalone.com · as of September 5, 2026