Does Capital One offer personal loans? – Fortune
Joseph is a staff writer on Fortune's personal finance team. He's covered personal finance since 2016, previously serving as a reporter and editor at sites like Business Insider and The Points Guy. He has also contributed to major outlets such as AP News, CNN, Newsweek, and many more.
In need of a personal loan? Your first instinct may be to run to a prominent financial institution like Capital One. After all, it offers top-tier credit cards, free checking accounts, excellent high-yield savings accounts, and more.
Capital One doesn’t currently offer personal loans. Still, that doesn’t mean you can’t open a personal loan under the Capital One umbrella. We’ll explain exactly what you can and can’t get with Capital One—and suggest some alternative personal loan options, too.
Again, Capital One no longer offers personal loans. It also stepped out of the residential mortgage game in 2018. In fact, Capital One only offers a few types of installment loans: auto, small business, and commercial.
Otherwise, if you’d like to borrow money from Capital One, it will be in the form of a revolving credit line like a credit card—of which Capital One offers some of the best on the market. Credit lines are different from traditional personal loans in a few ways, such as:
While you can’t get a Capital One-branded personal loan, Capital One acquired Discover in May 2025. Discover issues personal loans between $2,500 and $40,000, with loan terms from 36 to 84 months. It also advertises interest rates between 7.99% and 24.99%.
As a borrower, the fact that Capital One technically owns these loans won’t affect your experience; you’ll still have to apply through Discover. It’s just worth mentioning that Discover and Capital One are one company.
Beyond this, other lenders that make an appearance on our list of the best personal loans in 2025: LightStream and Wells Fargo. Here’s a quick look at what each has to offer.
Lender details checked Oct. 29, 2025 and subject to change.
If you’re looking for a personal loan, you won’t find what you need through Capital One. So as you shop for your ideal loan, consider the below factors.
Each lender will stipulate a range of amounts you can borrow. Some ranges are narrower than others. Identify the amount of money you need and find financial institutions that offer that amount. For example, if you need $60,000, but a lender only offers a maximum of $40,000, it’s likely not the right choice for you.
A loan term is simply your repayment period. If you’ve got a loan term of 36 months, that means you’ve got three years to pay off your loan.
A personal loan will break up your monthly payment into equal installments. This means that the shorter your loan term, the higher your monthly payment will be. Find a lender that offers a loan term resulting in monthly payments that you can afford.
Another important variable is APR. You may have an acceptable loan amount and term, but if you’re being charged nightmarishly high interest, it could still be a bad deal. Check the proposed interest of your would-be loan to decide if you’re paying an unreasonable amount for the privilege of borrowing money.
Choose the loan with the least amount of ancillary fees. Some banks charge origination fees, account setup fees, early payoff fees, etc., and some banks charge none of these.
When you find a few loans that fulfill your needs in all areas, choose the one with the least amount of fees.
Capital One doesn’t offer personal loans. They offer auto, small business, and commercial loans. If you want to borrow money from Capital One for anything else, you’ll have to open a Capital One credit card (which is a revolving line of credit—not a traditional installment loan).
You can still open a personal loan with Discover (which Capital One acquired in 2025), but you must apply via official Discover channels, and the loan will be branded as a Discover loan. Otherwise, read our post on the best personal loans to find a suitable lender for your needs.
Yes, you can use a Capital One credit card to borrow money for purchases similar to a personal loan—but it’s probably not a good idea. Credit cards typically charge significantly higher interest rates than traditional personal loans, so they’re a bad option to finance a large purchase.
Yes, you can initiate a cash advance with your Capital One credit card instead of a loan. But again, the APR and fees associated with a cash advance will cause you to pay more in the long run. Cash advances should be an absolute last resort.
There are personal loans available through Capital One’s subsidiary, Discover. You can open a personal loan up to $40,000 with terms up to 84 months.
Instead of personal loans, Capital One offers credit cards. It also offers auto loans, small business loans, and commercial loans.
Yes, Capital One offered personal loans in the past but has since shuttered the division.
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In need of a personal loan? Your first instinct may be to run to a prominent financial institution like Capital One. After all, it offers top-tier credit cards, free checking accounts, excellent high-yield savings accounts, and more.
Capital One doesn’t currently offer personal loans. Still, that doesn’t mean you can’t open a personal loan under the Capital One umbrella. We’ll explain exactly what you can and can’t get with Capital One—and suggest some alternative personal loan options, too.
Again, Capital One no longer offers personal loans. It also stepped out of the residential mortgage game in 2018. In fact, Capital One only offers a few types of installment loans: auto, small business, and commercial.
Otherwise, if you’d like to borrow money from Capital One, it will be in the form of a revolving credit line like a credit card—of which Capital One offers some of the best on the market. Credit lines are different from traditional personal loans in a few ways, such as:
While you can’t get a Capital One-branded personal loan, Capital One acquired Discover in May 2025. Discover issues personal loans between $2,500 and $40,000, with loan terms from 36 to 84 months. It also advertises interest rates between 7.99% and 24.99%.
As a borrower, the fact that Capital One technically owns these loans won’t affect your experience; you’ll still have to apply through Discover. It’s just worth mentioning that Discover and Capital One are one company.
Beyond this, other lenders that make an appearance on our list of the best personal loans in 2025: LightStream and Wells Fargo. Here’s a quick look at what each has to offer.
Lender details checked Oct. 29, 2025 and subject to change.
If you’re looking for a personal loan, you won’t find what you need through Capital One. So as you shop for your ideal loan, consider the below factors.
Each lender will stipulate a range of amounts you can borrow. Some ranges are narrower than others. Identify the amount of money you need and find financial institutions that offer that amount. For example, if you need $60,000, but a lender only offers a maximum of $40,000, it’s likely not the right choice for you.
A loan term is simply your repayment period. If you’ve got a loan term of 36 months, that means you’ve got three years to pay off your loan.
A personal loan will break up your monthly payment into equal installments. This means that the shorter your loan term, the higher your monthly payment will be. Find a lender that offers a loan term resulting in monthly payments that you can afford.
Another important variable is APR. You may have an acceptable loan amount and term, but if you’re being charged nightmarishly high interest, it could still be a bad deal. Check the proposed interest of your would-be loan to decide if you’re paying an unreasonable amount for the privilege of borrowing money.
Choose the loan with the least amount of ancillary fees. Some banks charge origination fees, account setup fees, early payoff fees, etc., and some banks charge none of these.
When you find a few loans that fulfill your needs in all areas, choose the one with the least amount of fees.
Capital One doesn’t offer personal loans. They offer auto, small business, and commercial loans. If you want to borrow money from Capital One for anything else, you’ll have to open a Capital One credit card (which is a revolving line of credit—not a traditional installment loan).
You can still open a personal loan with Discover (which Capital One acquired in 2025), but you must apply via official Discover channels, and the loan will be branded as a Discover loan. Otherwise, read our post on the best personal loans to find a suitable lender for your needs.
Yes, you can use a Capital One credit card to borrow money for purchases similar to a personal loan—but it’s probably not a good idea. Credit cards typically charge significantly higher interest rates than traditional personal loans, so they’re a bad option to finance a large purchase.
Yes, you can initiate a cash advance with your Capital One credit card instead of a loan. But again, the APR and fees associated with a cash advance will cause you to pay more in the long run. Cash advances should be an absolute last resort.
There are personal loans available through Capital One’s subsidiary, Discover. You can open a personal loan up to $40,000 with terms up to 84 months.
Instead of personal loans, Capital One offers credit cards. It also offers auto loans, small business loans, and commercial loans.
Yes, Capital One offered personal loans in the past but has since shuttered the division.
© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
