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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
679,125 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 06:03 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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679,125 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.

2,248 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 Dec 2008
L5: Journeyman
> bubble2 647 Posts
339 Reputation
HISI808
11-14-2020 at 04:50 PM.
11-14-2020 at 04:50 PM.
Quote from Warriorsfan89 :
jesus I feel kinda depressed reading y'all comments not having any money or sources to put in there...

For me, $400 is a definitely worth the hassle, imma put in there 2 x 1k from my stock trading acct, and changed my work DD as well to be safe. Then leave 2k sit there til receive that Cha Ching to be safe...$400 return on 2k investment is still out of this world boys...
Same thing I am doing. ACH deposit from TD Ameritrade and also will be changing my work direct deposit to be safe.
Reply
Joined Feb 2007
L7: Instigator
> bubble2 5,204 Posts
1,097 Reputation
SB1
11-14-2020 at 04:51 PM.
11-14-2020 at 04:51 PM.
Quote from egorre :
lol it's not hidden. it clearly said "add promo code". Then again, I read in the first page to make sure use the promo code BONUS400 when applying so i had my eye out for a place to put the code. You are able to put it in even before adding your funding account numbers. The bonus code was the first thing i filled before finding out my routing & account number to fund my account.

The reason I missed it is that I had no intention of adding any funding numbers. This was done deliberately obviously.
Reply
Joined Feb 2007
L7: Instigator
> bubble2 5,204 Posts
1,097 Reputation
SB1
11-14-2020 at 04:52 PM.
11-14-2020 at 04:52 PM.
Quote from chewable1 :
Don't listen to him. Just call and have them add it. If you cancel and open another you might be ineligible due to a recent opening of a checking account.
You think they are going to just add something from the Bangalore call center that is going to entitle you to $400? LMAO

You must be new to SD...
Reply
Joined Oct 2014
L2: Beginner
> bubble2 62 Posts
14 Reputation
dennijacob
11-14-2020 at 04:54 PM.
11-14-2020 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?

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.
Reply
Joined Oct 2015
Level 7 Susceptible
> bubble2 1,730 Posts
1,396 Reputation
egorre
11-14-2020 at 04:55 PM.
11-14-2020 at 04:55 PM.
Quote from SB1 :
The reason I missed it is that I had no intention of adding any funding numbers. This was done deliberately obviously.
You just failed to read that the promo code need to be entered when applying. If you did, you would have looked every page for a place to put the code in.

Don't advice people to close their accounts without even trying to get it fixed. If they did, not only they would miss on this easy money, they'd also be barred from any future Capital One 360 bonuses at least for the next 2 years (typical cooldown on bank account bonuses) without even getting anything back for it.
Reply
Joined Dec 2006
MagniCowpie
> bubble2 2,648 Posts
609 Reputation
Prologik
11-14-2020 at 04:57 PM.
11-14-2020 at 04:57 PM.
BONUS400 invalid for me.
Reply
Joined Feb 2015
L1337: Deal Sniper
> bubble2 2,264 Posts
537 Reputation
Nytron
11-14-2020 at 05:01 PM.
11-14-2020 at 05:01 PM.
Quote from dtmamg :
Is there a minim for initial funding?
You can opt to fund later. So, no.
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Joined Dec 2008
L5: Journeyman
> bubble2 647 Posts
339 Reputation
HISI808
11-14-2020 at 05:02 PM.
11-14-2020 at 05:02 PM.
Quote from egorre :
You just failed to read that the promo code need to be entered when applying. If you did, you would have looked every page for a place to put the code in.

Don't advice people to close their accounts without even trying to get it fixed. If they did, not only they would miss on this easy money, they'd also be barred from any future Capital One 360 bonuses at least for the next 2 years (typical cooldown on bank account bonuses) without even getting anything back for it.
Yup, SB1 is just bitter and wants others to share in his misery.
2
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Joined Feb 2010
L9000: Pro
> bubble2 172 Posts
69 Reputation
Instinct408
11-14-2020 at 05:02 PM.
11-14-2020 at 05:02 PM.
Anyone know if ACH transfer from Robinhood, Coinbase, etc will work?
Reply
Joined Dec 2014
L10: Grand Master
> bubble2 8,024 Posts
487 Reputation
someoneslick
11-14-2020 at 05:06 PM.
11-14-2020 at 05:06 PM.
Is this like most of these bank deals where it says if you have closed a checking account of any bank recently, you can't open one?
Reply
Joined Oct 2015
Level 7 Susceptible
> bubble2 1,730 Posts
1,396 Reputation
egorre
11-14-2020 at 05:06 PM.
11-14-2020 at 05:06 PM.
Quote from SB1 :
I did not read the details clearly, Captial One intentionally hid the promo code field and that's on me for missing it. I'm usually good at avoiding these traps but I was distracted and they got me this time.

That being said, I'm not going to go through the effort of setting up direct deposit and then having to call next year only to confirm that I have been duped. This is not my first rodeo, I would rather cancel the account so that Capital One sees that this ploy was ineffective with me. I have been through the stupidity with promos like this before.

Go ahead and waste your time, I don't plan on contacting these clowns again. Especially not to get put through the ringer trying to get them to make good on a promotion that they obviously want to avoid paying out...
So it was user-error then. Why tell someone else to just drop it altogether then? Already assuming a company wouldn't honor it because it wasn't your rodeo isn't an excuse to give bad advice to others lol
Quote from Instinct408 :
Anyone know if ACH transfer from Robinhood, Coinbase, etc will work?
DoC had DPs that Robinhood worked. Coinbase would probably work too, but no DPs on that.
Reply
Joined Nov 2006
L6: Expert
> bubble2 1,514 Posts
1,606 Reputation
BPyser1
11-14-2020 at 05:07 PM.
11-14-2020 at 05:07 PM.
From the DOC page on this, someone confirmed with the rep that it's not 2 $1,000+ Direct Deposits ($2K), but 2 Direct Deposits totaling $1,000+. So $500 and $500 should be fine Smilie

It's in the comments at the bottom of their page.
https://www.doctorofcredit.com/ca...-required/
Reply
Joined Dec 2005
L5: Journeyman
> bubble2 961 Posts
93 Reputation
usera
11-14-2020 at 05:11 PM.
11-14-2020 at 05:11 PM.
damn. I have a 360 checking but no savings. bah humbug
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Joined Feb 2010
L9000: Pro
> bubble2 172 Posts
69 Reputation
Instinct408
11-14-2020 at 05:12 PM.
11-14-2020 at 05:12 PM.
Quote :
DoC had DPs that Robinhood worked. Coinbase would probably work too, but no DPs on that.
Like
What does DoC and DPs mean?
1
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