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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
665,675 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

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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
665,675 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 Jun 2017
L1: Learner
> bubble2 24 Posts
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drumerboy1988
11-14-2020 at 11:49 AM.
11-14-2020 at 11:49 AM.
has anyone tried a deposit from navy federal credit union? does it count as an ach?
Reply
Joined Oct 2008
Professional Novice
> bubble2 11,996 Posts
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RUsum1
11-14-2020 at 11:49 AM.
11-14-2020 at 11:49 AM.
I had to look up what ACH meant after seeing it mentioned in here. Some people suggested that a PayPal transfer qualifies as ACH which I guess means it's a direct deposit? Is that true? If PayPal doesn't work, how do I know if my existing bank account uses this method? I have two bank accounts to choose from.

Thank you
Reply
Joined Jul 2015
L7: Teacher
> bubble2 2,105 Posts
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MtF4392
11-14-2020 at 11:49 AM.
11-14-2020 at 11:49 AM.
Quote from DFisBUSY :
opened, gonna try with Robinhood to see if it triggers DD; will report back.

How can you tell if a bank ACH transfer triggers it? I set up two from USAA, but the earlier link from Doctor of Credit says USAA won't work (as reported in 2017).
Reply
Joined Oct 2015
Level 7 Susceptible
> bubble2 1,730 Posts
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egorre
11-14-2020 at 11:49 AM.
11-14-2020 at 11:49 AM.
Quote from Tech_007 :
I have a pretty strong credit score about 818 or so and have been riding not more than 2 credit cards for over 2 decades. For last few times, I have been trying to snag these credit card deals and so applied but got denied for some cryptic reasons they sent in mail after few weeks that I couldn't understand. I consulted a friend of mine who knows more about finance and stuff and turned out they see you as 0 money making tool if you pay your bills on time. I knew how credit card co makes money but I was stunned they would deny the application just coz you are staying on top of your bill pay responsibilities.
I churn credit cards regularly and I am getting approved and i'm not paying any interest on any of my cards. I just opened Chase Freedom Flex a few days ago. My card balance is at $0 across all the banks i bank with. You're probably applying for the high end cards outright. I bank with Chase, Amex, Discover, Citi,and Navy Federal. I know for Chase, Amex and Citi, in order to get their high end cards with awesome bonus, They want to have you as customer for at least a year first before they start bombarding you with new CC cards with good signup bonuses and auto approve you on any "lower" $0 annual fee cards as long as you're in good standing and qualify (eg. chase got 5/24 rule where you can only have 5 inquiries in 24 months or you get denied). I got 800+ fico score on Transunion and Equifax and 760+ on Experian. My student loans i already paid off were sadly not reported to Experian.

start with $0 annual fee cards with decent sign up bonus or open a bank account with a bank to start building relationship first before targetting the higher end cards. These cards usually range $150-$200 for $500 spend. Citi rarely give any bonus on the Double Cash and Discover is double cash back for a whole year.
Reply
Last edited by egorre November 14, 2020 at 11:56 AM.
Joined Jul 2005
L3: Novice
> bubble2 136 Posts
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sabester24
11-14-2020 at 11:51 AM.
11-14-2020 at 11:51 AM.
Quote from FabulousPanther690 :
Alright so after opening account, I went to OP's link and clicked open account again. That allowed me to link an external account along with the bonus code.
I was able to do the same thing. First time around, I skipped adding bank account. So clicked on link again, used my newly created login, and was able to add promo and bank account. Appears that only one account was created with promo.

Now just need to figure out a way to meet the DD requirement.
1
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Joined May 2009
L3: Novice
> bubble2 233 Posts
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mkdevo
11-14-2020 at 11:52 AM.
11-14-2020 at 11:52 AM.
Kicking myself now for doing the $100 bonus for spending $300 a couple months ago!
1
Reply
Joined Oct 2008
Professional Novice
> bubble2 11,996 Posts
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RUsum1
11-14-2020 at 11:53 AM.
11-14-2020 at 11:53 AM.
Quote from FabulousPanther690 :
Nowhere did it ask me for the the promo code. For setting up the transfer option I chose "will do later". Did I mess up?
It's on that screen as small blue text that says something like "+ Add Promo Code". I opens up something where you type in BONUS400 and then brings you back to the page where you can add funds to the account.
Reply

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Joined Jan 2007
L10: Grand Master
> bubble2 28,289 Posts
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cgigate
11-14-2020 at 11:55 AM.
11-14-2020 at 11:55 AM.
Quote from ShannonF4392 :
How can you tell if a bank ACH transfer triggers it? I set up two from USAA, but the earlier link from Doctor of Credit says USAA won't work (as reported in 2017).

I used the my stock brokerage account (TD Ameritrade) ACH transfer which always worked as Direct Deposit, but it could be YMMV
Reply
Joined Oct 2015
L5: Journeyman
> bubble2 788 Posts
471 Reputation
bosoxx091
11-14-2020 at 11:56 AM.
11-14-2020 at 11:56 AM.
Does activation of the promo code show up anywhere in your checking account info? Is there anyway to check it's been applied without calling?
Reply
Joined Oct 2015
Level 7 Susceptible
> bubble2 1,730 Posts
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egorre
11-14-2020 at 11:57 AM.
11-14-2020 at 11:57 AM.
Quote from cgigate :
I used the my stock brokerage account (TD Ameritrade) ACH transfer which always worked as Direct Deposit, but it could be YMMV
does it say the type of transaction after it posts? so we know if it counts or not?
Reply
Joined Jun 2013
L3: Novice
> bubble2 234 Posts
51 Reputation
newoldthing01
11-14-2020 at 11:57 AM.
11-14-2020 at 11:57 AM.
Quote from MinXO :
So if I have a 360 account can I close it and get this offer?

No. My understanding is that if you have/had 360 checking account opened on or after Jan 1, 2018, you won't get the bonus. I just closed mine so I can qualify for future bonus.
Reply
Joined Jan 2015
New User
> bubble2 5 Posts
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gymtimeb
11-14-2020 at 11:58 AM.
11-14-2020 at 11:58 AM.
I already have a Capital One 360 Money Market account that I opened in 2017. Looking at the fine print, it seems like I should be eligible for this since it isn't a checking account. Thoughts?
Reply
Joined Jul 2018
L2: Beginner
> bubble2 73 Posts
34 Reputation
FabulousPanther690
11-14-2020 at 11:58 AM.
11-14-2020 at 11:58 AM.
Quote from sabester24 :
I was able to do the same thing. First time around, I skipped adding bank account. So clicked on link again, used my newly created login, and was able to add promo and bank account. Appears that only one account was created with promo.

Now just need to figure out a way to meet the DD requirement.
Ugh looks like it opened two accounts for me; the one originally and one with bonus code. Wonder if I will get the bonus for the second one since the first one was opened before.
Reply
Joined Jan 2017
L2: Beginner
> bubble2 42 Posts
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showeb
11-14-2020 at 11:58 AM.
11-14-2020 at 11:58 AM.
is it possible to do direct deposit if you dont have a job...
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Joined Aug 2019
L3: Novice
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Wiredwiz26
11-14-2020 at 11:58 AM.
11-14-2020 at 11:58 AM.
Quote from SonofZeus :
Instant approval.
Setup online access.
Deferred funding.
Started 2 external account link verifications.
Ordered 50 checks (free)
Visa Debit ETA 7 business days.

You can order 50 checks free?
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