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Capital One: Open a 360 Checking Account, Receive 2+ Direct Deposits $1000+ Expired

$400 Bonus
(New Checking Account Holders)
+810 Deal Score
665,917 Views
Capital One Offers New 360 Checking Account Holders: $400 Bonus when you Open a 360 Checking Account by January 26, 2021, apply promo code BONUS400 and Receive 2 Direct Deposits totaling $1,000 or more within 60 days of account opening. Thanks karthik_r

Original Post

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Edited November 13, 2020 at 05:03 PM by
Capital One is offering $400 bonus when you open a new checking account with promo code BONUS400

To receive the bonus you must make at least 2 direct deposits totaling $1,000 or more to your 360 Checking account within 60 days of account opening

Full Details:

Capital One reserves the right to withdraw this offer, with or without notice, in its sole discretion if it is determined that fraud or any other factor beyond its control is impacting the integrity of the offer and campaign.

Here's the full scoop on how to earn your $400 bonus:
  1. Open a 360 Checking account between 12:00 a.m. ET on November 9, 2020, and 11:59 p.m. ET on January 26, 2021. When you open your account, enter your promotional code—BONUS400.
  2. Receive at least 2 direct deposits totaling $1,000 or more to your 360 Checking account within 60 days of account opening. A qualifying direct deposit is an Automated Clearing House (ACH) credit, which may include payroll, pension or government payments (such as Social Security) by your employer or an outside institution.
  3. This account is subject to approval. This offer cannot be combined with any other 360 Checking account opening offers. Only one promotional code is accepted. Bonus is only valid for one new 360 Checking account.
Mobile deposits are available only in the U.S. and U.S. territories.

When will I get my bonus?

Your bonus will be deposited into your new 360 Checking account by the date stated below:

Account opened the month of November 2020
Receive at least 2 direct deposits totaling $1,000 or more Within 60 days of your account opening date
Bonus will be paid by March 31, 2021

Account opened the month of December 2020
Receive at least 2 direct deposits totaling $1,000 or more Within 60 days of your account opening date
Bonus will be paid by April 30, 2021

Account opened the month of January 2021
Receive at least 2 direct deposits totaling $1,000 or more Within 60 days of your account opening date
Bonus will be paid by May 31, 2021

If you have or had an open 360 Checking account as a primary or secondary account holder with Capital One on or after January 1, 2018, you will be ineligible for the bonus. If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus.

What you need to know about the 360 Checking account:

A rate of 0.10% Annual Percentage Yield (APY) applies to accounts with balances between $0-$49,999.99, $50,000-$99,999.99, and $100,000 or more. 360 Checking is a tiered-rate account. Advertised rates are variable and effective as of 11/13/2020. Rates in any tier are subject to change at any time before or after account opening.

The interest is calculated on a daily basis and is based on the balance in the account. Interest on your account will be compounded and credited on a monthly basis.

360 Checking customers can access over 40,000 fee-free ATMS (41,394 AllPoint® ATMs and 2,206 Capital One ATMs). ATM functionality may differ by location.

Mobile deposits are available only in the U.S. and U.S. territories.
The Capital One Mobile app has a 4.8/5-star customer rating on the App Store and is in the top 10% in the Finance App category as of 8/24/2020.
The Capital One Mobile app has a 4.6/5-star customer rating on Google Play and is in the top 10% in the Finance App category as of 8/24/2020.Web access is needed to use mobile banking. Check with your service provider for details of specific fees and charges.
The site may be unavailable during normal maintenance or due to unforeseen circumstances.Capital One does not provide, endorse or guarantee any third-party product, service, information or recommendation listed above. The third parties listed above are not affiliated with Capital One and are solely responsible for their products and services. All trademarks are the property of their respective owners.Products and services offered by Capital One, N.A., Member FDIC.
© 2020 Capital One. Capital One is a federally registered service mark. 15000 Capital One Drive, Attn.: 12038-0111, Richmond, Virginia 23238. To contact us by mail, please use the following address: Capital One 360, P.O. Box 360, Wilmington, DE 19899.

https://www.capitalone.com/bonus400/
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Score
+810
665,917 Views
$400 Bonus
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

2,249 Comments

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Featured Comments

Just opened it. I can see why people missing the bonus code, it's on the external transfer account page instead of the main page. so whether you plan to add a bank account to not just visit the page and make sure the code is auto-populated if not enter/copy-paste manually. you should see a banner on the final page if code is entered. Btw I already have a capital one account so I didn't receive any alert from credit monitoring that inquiry was posted or there was a hard pull. Most of my information was auto-filled and when I clicked next it displayed - doing necessary checks, doing govt mandated checks, and verifying records and finally displayed - good to go. Thanks
Nope. When you click I will fund later, you can still see the code applied and it gives a green tick mark. Also, you can see later pages showing that.


And just to confirm, I had called the CSR after opening the account and they had confirmed that I used the promo code.

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Joined Oct 2014
L3: Novice
> bubble2 170 Posts
65 Reputation
andyzhang0418
11-13-2020 at 04:36 PM.
11-13-2020 at 04:36 PM.
Wondering whether it works or not for existing customers without its checking account...
Reply
Joined Oct 2017
Pro
> bubble2 1,228 Posts
459 Reputation
Pro
DealDaddyy
11-13-2020 at 04:47 PM.
11-13-2020 at 04:47 PM.
Quote from dcguy703 :
Seems Too good to be true. $400 is a lot of bonus for not maintaining high balance in acct or a high directly deposits each month

Wells Fargo does a similar promo often. I just open account, set direct deposit to that account for like $1,000 and then have an auto transfer from that account to my normal one the next day. Then close it when I get my free money. Quick and painless.
Reply
Joined Aug 2009
L6: Expert
> bubble2 1,622 Posts
164 Reputation
dcguy703
11-13-2020 at 04:48 PM.
11-13-2020 at 04:48 PM.
Quote from Hardik14 :
At which step there is an option to add a promo code? Is it after adding money to account?
During adding money. I believe its the last step of process
Reply
Joined Nov 2020
New User
> bubble2 4 Posts
10 Reputation
Clunamooon
11-13-2020 at 04:48 PM.
11-13-2020 at 04:48 PM.
Quote from asianman35 :
do i need to unfreeze my credit to open an account
no, but you would have to unfreeze chexsystems if you have a freeze on it.
Reply
Joined Sep 2012
L7: Teacher
> bubble2 2,229 Posts
931 Reputation
ChristInMe
11-13-2020 at 04:50 PM.
11-13-2020 at 04:50 PM.
Quote from Flash315 :
Would this work for current account holders that create a new account?
Well, I don't see any restriction against current account holders unless
"....you have or had an open 360 Checking account as a primary or secondary account holder with Capital One on or after January 1, 2018, you will be ineligible for the bonus."
I already have a savings account but I just opened a checking account to take advantage of the $400 bonus offer.
Reply
Joined Nov 2006
L3: Novice
> bubble2 248 Posts
43 Reputation
Shreef007
11-13-2020 at 04:54 PM.
11-13-2020 at 04:54 PM.
Quote from volyblmn :
Interesting. So a PayPal transfer shows up as "ACH". You're telling me I can PayPal myself two separate $1k transactions to earn the $400?

Paypal wasn't listed
1
Reply
Joined Jun 2012
L6: Expert
> bubble2 1,042 Posts
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orangejuice57
11-13-2020 at 04:55 PM.
11-13-2020 at 04:55 PM.
Dang... I closed mine in Q1 2019.
Reply

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Joined Dec 2013
L7: Teacher (far from it)
> bubble2 9,341 Posts
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doboy007
11-13-2020 at 04:57 PM.
11-13-2020 at 04:57 PM.
Quote from Clunamooon :
no, but you would have to unfreeze chexsystems if you have a freeze on it.
Can you even freeze that service?
Reply
Joined Nov 2013
L6: Expert
> bubble2 1,502 Posts
193 Reputation
Rand4
11-13-2020 at 04:57 PM.
11-13-2020 at 04:57 PM.
do we know if its 2 deposits of at least 1000 or at least 2 deposits(combined) totaling 1000$

I have DD from my work and its easy, however not making 1300+ a week to hit $1000 paid weekly.
Could easily hit 1000 from 2 deposits.
4
Reply
Joined Jun 2018
L6: Expert
> bubble2 1,261 Posts
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Original Poster
karthik_r
11-13-2020 at 04:58 PM.
11-13-2020 at 04:58 PM.
Quote from Flash315 :
Would this work for current account holders that create a new account?
Nope. If you are a current 360 checking account holder, it wont work
Reply
Joined Dec 2012
L5: Journeyman
> bubble2 731 Posts
146 Reputation
itsfighter
11-13-2020 at 04:59 PM.
11-13-2020 at 04:59 PM.
I received the bonus for 360 savings recently. can I apply for 360 checking and eligible for a bonus?
Thanks
Reply
Joined Jun 2018
L6: Expert
> bubble2 1,261 Posts
4,013 Reputation
Original Poster
karthik_r
11-13-2020 at 04:59 PM.
11-13-2020 at 04:59 PM.
Quote from Rand4 :
do we know if its 2 deposits of at least 1000 or at least 2 deposits(combined) totaling 1000$

I have DD from my work and its easy, however not making 1300+ a week to hit $1000 paid weekly.
Could easily hit 1000 from 2 deposits.
Yes. Confirmed from CC. It is total combined $1000 of 2 or more deposits. Means you can have DD1 + DD2 + DD3 ... = $1000
Reply
Joined Jun 2018
L6: Expert
> bubble2 1,261 Posts
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Original Poster
karthik_r
11-13-2020 at 05:01 PM.
11-13-2020 at 05:01 PM.
Quote from itsfighter :
I received the bonus for 360 savings recently. can I apply for 360 checking and eligible for a bonus?
Thanks
Yes. you are eligible.
Reply
Joined Dec 2012
L5: Journeyman
> bubble2 731 Posts
146 Reputation
itsfighter
11-13-2020 at 05:03 PM.
11-13-2020 at 05:03 PM.
Quote from karthik_r :
Yes. you are eligible.
Thanks. I assume salary deposits (ADP) from the employer will count towards direct deposit correct? I currently use chase as my checking with 1500 min balance. This seems good with no min balance requirement.
1
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Joined Jun 2018
L6: Expert
> bubble2 1,261 Posts
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Original Poster
karthik_r
11-13-2020 at 05:05 PM.
11-13-2020 at 05:05 PM.
Quote from itsfighter :
Thanks. I assume salary deposits (ADP) from the employer will count towards direct deposit correct? I currently use chase as my checking with 1500 min balance. This seems good with no min balance requirement.
Yes. And if you did not have 360 checking account with them anytime after Jan 1, 2018, then you are good with this offer.
4
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