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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
665,958 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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+810
665,958 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 Apr 2006
L6: Expert
> bubble2 1,129 Posts
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madshakes
11-13-2020 at 07:28 PM.
11-13-2020 at 07:28 PM.
Quote from mojohnnybravo :
capitalone dont pay sooner than their stated date.
thanks. do i have to keep the $1000 in the account til i get the bonus?
Reply
Joined Jun 2018
L6: Expert
> bubble2 1,261 Posts
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Original Poster
karthik_r
11-13-2020 at 07:28 PM.
11-13-2020 at 07:28 PM.
Quote from emofals :
What number did you call?
I created the account, didnt fund it right away, I have a screenshot with my account number and a note at the bottom saying Promo Details: Promo Code: Bonus400

If you use.....


Now I called the customer service on 800-289-1992, the associate said she cant find anything associated with that promo code, however once I maintain the balance I can call back and they will try to see if I can be provided the promo.

I feel like she has no clue what she was saying.. How are others going about this?
Same number. The customer service will transfer the call to someone internal in their dept stating to you that the he/she doesn't have access and so will transfer to the appropriate person who has access to our account. When the call was transferred, that person stated that I opened with promo and also stated the terms of the promo.
Reply
Joined Apr 2009
L9: Master
> bubble2 4,177 Posts
538 Reputation
emofals
11-13-2020 at 07:31 PM.
11-13-2020 at 07:31 PM.
Unfortunately she wasn't knowledgeable, may be I will try again
Reply
Joined Nov 2013
L3: Novice
> bubble2 151 Posts
38 Reputation
catchbabu
11-13-2020 at 07:49 PM.
11-13-2020 at 07:49 PM.
I have Capitalone Money market account curretly, Am I eligible for this promotion? Can somebody suggest.
Reply
Joined Apr 2009
L9: Master
> bubble2 4,177 Posts
538 Reputation
emofals
11-13-2020 at 07:56 PM.
11-13-2020 at 07:56 PM.
Quote from karthik_r :
Same number. The customer service will transfer the call to someone internal in their dept stating to you that the he/she doesn't have access and so will transfer to the appropriate person who has access to our account. When the call was transferred, that person stated that I opened with promo and also stated the terms of the promo.
No go for me, despite having the screenshot. Been asked to call Feb 1 when they can apply manually, do us a favor and manually override for some system glitch at their end. Off to a rocky start.
Reply
Joined Dec 2007
L6: Expert
> bubble2 1,707 Posts
1,239 Reputation
phewry
11-13-2020 at 08:01 PM.
11-13-2020 at 08:01 PM.
Quote from emofals :
No go for me, despite having the screenshot. Been asked to call Feb 1 when they can apply manually, do us a favor and manually override for some system glitch at their end. Off to a rocky start.

Probably going to close account. I called as well because I selected to fund later and I don't think the promo was applied. They said they can't guarantee they would give me the bonus.
Reply
Joined Jul 2010
L6: Expert
> bubble2 1,568 Posts
224 Reputation
baller1308
11-13-2020 at 08:03 PM.
11-13-2020 at 08:03 PM.
Quote from iansp :
How long do I need to keep the account open...until I get my bonus only or 6 months / 1 year ?
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
Reply

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Joined Apr 2009
L9: Master
> bubble2 4,177 Posts
538 Reputation
emofals
11-13-2020 at 08:05 PM.
11-13-2020 at 08:05 PM.
Quote from crazeedave :
Probably going to close account. I called as well because I selected to fund later and I don't think the promo was applied. They said they can't guarantee they would give me the bonus.
Yep, I told them I was going to call my 'cousin' to tell him about opening an account, but considering they have been hitting a glitch, I dont want to get him into wasting his time. Manager 'Dallas' said 'nothing'. No guarantees, is all he said. The most irritating part is, I have a screenshot with my account number and the promo code applied (details) and all he kept saying was somehow 'you' missed out on applying the promo.

So we have narrowed down this has got to do with funding rightaway vs funding later?
Reply
Joined Nov 2015
New User
> bubble2 4 Posts
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RybackM
11-13-2020 at 08:08 PM.
11-13-2020 at 08:08 PM.
Just to add a data point, I did fund immediately with a $.01 deposit. Afterward, I called customer service to confirm the promo code was applied; they confirmed it was.
1
Reply
Joined Nov 2015
New User
> bubble2 4 Posts
14 Reputation
RybackM
11-13-2020 at 08:17 PM.
11-13-2020 at 08:17 PM.
Quote from catchbabu :
I have Capitalone Money market account curretly, Am I eligible for this promotion? Can somebody suggest.
I believe that the only stipulation is that you cannot have a previous 360 account.

"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."
Reply
Joined Aug 2015
L3: Novice
> bubble2 121 Posts
22 Reputation
Krish_P
11-13-2020 at 08:18 PM.
11-13-2020 at 08:18 PM.
Quote from oliviajagger :
I called and they told me if you are taking money from a retirement account yes it qualifies.

But is a brokerage account equivalent to a retirement account? I thought they were not
Reply
Joined Jul 2013
L3: Novice
> bubble2 188 Posts
32 Reputation
tribalcode
11-13-2020 at 08:22 PM.
11-13-2020 at 08:22 PM.
I'm not eligible since I already have an account, but opened one up for the wife. Easy $400 that will go towards buying ourselves a PS5 this year. laugh out loud
Reply
Joined Oct 2010
L6: Expert
> bubble2 1,205 Posts
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oliviajagger
11-13-2020 at 08:23 PM.
11-13-2020 at 08:23 PM.
Quote from thomasherzog :
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.
Quote from hprasanna84 :
But is a brokerage account equivalent to a retirement account? I thought they were not
You can have a brokerage account and a retirement account-IRA. The money needs to come from a retirement account not a personal trading/investment account.
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
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rios7
11-13-2020 at 08:23 PM.
11-13-2020 at 08:23 PM.
So a schwab deposit counts?
Reply

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Joined Sep 2004
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> bubble2 9,259 Posts
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joogle
11-13-2020 at 08:30 PM.
11-13-2020 at 08:30 PM.
Quote from RybackM :
I believe that the only stipulation is that you cannot have a previous 360 account.

"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."
I think its if you dont have a checking account

if you have savings account and no checking i think it will work
Reply
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