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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
666,361 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
in Finance (3) Capital One Small Business Cards
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+810
666,361 Views
$400 Bonus
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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
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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 Sep 2014
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> bubble2 94 Posts
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ChristopherD9582
11-14-2020 at 02:37 PM.
11-14-2020 at 02:37 PM.
Quote from liunit92 :
i wish they would add this to their T+C's
Its more like they never said a $1000 balance must be maintained to qualify
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Joined Sep 2007
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> bubble2 817 Posts
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hunnii
11-14-2020 at 02:41 PM.
11-14-2020 at 02:41 PM.
I would just open a no-fee stock trading account such as Firstrade, then transfer $1000 in funds back and forth twice. It should definitely work.
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Last edited by hunnii November 14, 2020 at 02:44 PM.
Joined Mar 2019
L3: Novice
> bubble2 179 Posts
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ampt
11-14-2020 at 02:47 PM.
11-14-2020 at 02:47 PM.
Quote from papoono :
If you log into you account, -> "contact us" the number given is 888-464-0727. I called today to see if the promo was applied, sadly it was not because I didn't see the promo field (I chose to fund later). The rep Eric advised me to complete the 2 x deposits totaling $1000 then call back after 60 days of account opening. He said no guarantees that it would be honored but try anyway. Anyway good luck

CS confirmed me the same and said should be qualify once we have 2 direct deposits from company.
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Joined Jan 2009
Level: 8
> bubble2 1,419 Posts
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justsaver
11-14-2020 at 02:52 PM.
11-14-2020 at 02:52 PM.
Quote from dtmamg :
40% may be an underestimate. Yes, sad but true. I think of $2000 invested for $400 return
Not even $2000 invested because you can pull all the money out right away and still get the bonus.
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Joined Feb 2015
L1337: Deal Sniper
> bubble2 2,250 Posts
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Nytron
11-14-2020 at 02:52 PM.
11-14-2020 at 02:52 PM.
Quote from cruzvikcy :
I didn't fund the account, so never saw that field. Called CapitalOne and agent said she couldn't see it probably because it is a new account.
It's on the page where you enter in the account and routing number of your other bank account. The process presents the screen no matter what, so if you skimmed over it without looking at it closely, then you skipped over the promo code field.

On that same page is two buttons: one to fund the account now and one to fund the account later. Even if you don't want to fund the account now, you still can enter the info. In any case, near said two buttons is the promo code field link that drops down a field to enter the code.
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Last edited by Nytron November 14, 2020 at 02:56 PM.
Joined Dec 2009
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gena123
11-14-2020 at 02:53 PM.
11-14-2020 at 02:53 PM.
Quote from dcguy703 :
they advertise this as a Online Checking account? Will they charge for visiting a B&M location and using a teller for deposits or withdrawals?

You can't. Tellers have no access to these accounts.
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Joined Feb 2015
L1337: Deal Sniper
> bubble2 2,250 Posts
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Nytron
11-14-2020 at 02:54 PM.
11-14-2020 at 02:54 PM.
Quote from ChristopherD9582 :
I called their 800 number to clarify if I needed to maintain a balance of $1000 in the account in order to qualify and if ACH transfers from banks qualify as directt deposits.

No, you don't need to maintain a balance of $1000, you could transfer it out after or spend it.

Yes, ACH transfers from an existing bank qualify.
Mods, please add this to wiki in OP
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Joined Nov 2013
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> bubble2 69 Posts
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JihyunC
11-14-2020 at 02:54 PM.
11-14-2020 at 02:54 PM.
I didnt find promo box and my account is suddenly created.... should I call cc? Will they add promocode to my account?
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Joined May 2016
L3: Novice
> bubble2 149 Posts
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JPinOC
11-14-2020 at 02:54 PM.
11-14-2020 at 02:54 PM.
Deposit clarification? I'm one of the many individuals currently receiving unemployment, thanks to covid. The state I'm in doesn't give you a choice of where funds are deposited and they go straight into a Bank is America EDD account. I then have to transfer funds from that account to my bank of choice. If I transfer funds from BofA EDD account to the newly opened Capital One 360 account, does that constitute an "ACH" deposit everyone keeps referencing? If not, any work arounds to make this work? I'd really like to take advantage of this bonus, as every penny counts due to this crapfest of a year we're dealing with! Thanks in advance!
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Joined Nov 2013
L2: Beginner
> bubble2 58 Posts
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YitzchukR
11-14-2020 at 03:00 PM.
11-14-2020 at 03:00 PM.
Does a 360 money account access count???
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Joined Nov 2016
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NaPra
11-14-2020 at 03:03 PM.
11-14-2020 at 03:03 PM.
Quote from grneal :
there isn't a place to put the promo code until more than halfway through the process. and mine was already autofilled when I used the link.
Perfect! Thanks!
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Joined Nov 2008
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> bubble2 8,102 Posts
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dtmamg
11-14-2020 at 03:03 PM.
11-14-2020 at 03:03 PM.
All, is there a minimum for initial funding? I did mot see it, just want to be sure, thx
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Joined Dec 2012
L5: Journeyman
> bubble2 731 Posts
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itsfighter
11-14-2020 at 03:04 PM.
11-14-2020 at 03:04 PM.
Quote from liunit92 :
so I can't see this after my account is all set up?
I don't think so. code has to be entered before completing the account creation/final review
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Joined Nov 2008
L10: Grand Master
> bubble2 8,102 Posts
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dtmamg
11-14-2020 at 03:04 PM.
11-14-2020 at 03:04 PM.
Quote from Nytron :
It's on the page where you enter in the account and routing number of your other bank account. The process presents the screen no matter what, so if you skimmed over it without looking at it closely, then you skipped over the promo code field.

On that same page is two buttons: one to fund the account now and one to fund the account later. Even if you don't want to fund the account now, you still can enter the info. In any case, near said two buttons is the promo code field link that drops down a field to enter the code.
Is there a minim for initial funding?
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Joined Dec 2006
MagniCowpie
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Prologik
11-14-2020 at 03:07 PM.
11-14-2020 at 03:07 PM.
I read through 400+ posts to find out no one can say for certain if transfers from other financial institutions count as a direct deposit. Dispite ACH is the same thing as direct deposit [nacha.org], that site many keep referring to, DOC (doctorofcredit), is filled with ambiguity and contradictions and it's information should taken with a grain of salt. It seems likely that paychecks and Social Security will mostly certainly qualify, as that is for whom this offer is logically targeted to, any other ACH transfers qualifications is at the mercy and whim of Capital One unless someone can point to wherever they have greater specificity in their terms and conditions.

Prologik
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