Is my money in Capital One 360 FDIC insured?

Yes, funds in Capital One 360 accounts are typically insured by the Federal Deposit Insurance Corporation, also known as FDIC, up to applicable limits. Specifically, individual accounts are insured for up to two hundred fifty thousand dollars per depositor, per insured bank, for each account ownership category. This means that if you hold multiple types of accounts, each type can be insured separately. It is important to note that FDIC insurance protects your funds in the event of a bank failure, providing a layer of security for your savings and checking accounts. For the most accurate and current information regarding your specific account and its insurance coverage, it is advisable to review the official Capital One 360 website or consult the relevant documentation.