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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
679,093 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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+810
679,093 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 Feb 2007
L7: Instigator
> bubble2 5,204 Posts
1,097 Reputation
SB1
11-14-2020 at 05:15 PM.
11-14-2020 at 05:15 PM.
Quote from HISI808 :
Yup, SB1 is just bitter and wants others to share in his misery.
No, I just really hate these shady tactics and anyone who missed the promo field is almost guaranteed to be disappointed next year when Capital One denies them on the credit
2
Reply
Joined Feb 2007
L7: Instigator
> bubble2 5,204 Posts
1,097 Reputation
SB1
11-14-2020 at 05:19 PM.
11-14-2020 at 05:19 PM.
Quote from egorre :
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
I'll check back in next year to see how many people got screwed by Capital One on this. It should be entertaining.

My advice is not bad advice, I have seen companies use similar tactics over the years to take advantage of many SD'ers
Reply
Joined Nov 2008
L10: Grand Master
> bubble2 8,102 Posts
607 Reputation
dtmamg
11-14-2020 at 05:24 PM.
11-14-2020 at 05:24 PM.
Quote from someoneslick :
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?
yes, usually 1-3 yrs, depends on which bank
Reply
Joined Apr 2015
L2: Beginner
> bubble2 349 Posts
36 Reputation
lordmats0o
11-14-2020 at 05:25 PM.
11-14-2020 at 05:25 PM.
Will direct deposit for unemployment count?
Reply
Joined Sep 2011
L4: Apprentice
> bubble2 456 Posts
501 Reputation
DECIPHEROD
11-14-2020 at 05:26 PM.
11-14-2020 at 05:26 PM.
Thanks OP! Smilie Just signed up!
Reply
Joined Aug 2009
L5: Journeyman
> bubble2 672 Posts
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rustydogg
11-14-2020 at 05:27 PM.
11-14-2020 at 05:27 PM.
Thank you OP. I just finished setting this up. Everything seems to have gone smoothly.
Reply
Joined Oct 2015
Level 7 Susceptible
> bubble2 1,730 Posts
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egorre
11-14-2020 at 05:27 PM.
11-14-2020 at 05:27 PM.
Quote from Instinct408 :
What does DoC and DPs mean?
DoC = Doctor of Credit, a website tracking bank account and credit card sign up bonuses.
DP = Crowd-sourced data points compiled by admins over at DoC with links to the comments made by the users over at DoC.


Quote from SB1 :
I'll check back in next year to see how many people got screwed by Capital One on this. It should be entertaining.

My advice is not bad advice, I have seen companies use similar tactics over the years to take advantage of many SD'ers
sure, but contacting CS for a possible fix has always been YMMV, so generalizing the potential response especially when the company is different, IS bad advice.
Reply

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Joined Nov 2008
L10: Grand Master
> bubble2 8,102 Posts
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dtmamg
11-14-2020 at 05:28 PM.
11-14-2020 at 05:28 PM.
Quote from egorre :
Yes. This is a strategy into getting you in with the bank. I've started my Navy Federal & Chase bank relationships with a Checking. now I have been churning their credit cards too. I've done Chase checking promo 3x so far. waiting for a 4th now. This is my first Capital One account and I'm still waiting to get a good BoA checking to start with them.



ahh i see. Chase did that for me before. Seems like Capital One isn't as helpful as Chase.
Great minds, same here. lol

Chase was the 1st one if I am not mistaken on opening bonus. They were selling mostly CC, which got me "hooked". One can redeem freedom card using 20k pts for $250 cash, then they stopped. EEK!

But I moved onto the airline and got countless free travel perks for FREE.

I do not mind getting this for 2021/1099 as I already cashed in close to $1k this yr on act open/1099 lol
Reply
Joined Dec 2013
L6: Expert
> bubble2 1,611 Posts
300 Reputation
elite-fusion
11-14-2020 at 05:31 PM.
11-14-2020 at 05:31 PM.
Within how long would the bonus come in? Say the DD is done on Monday, and is in the account by Tuesday or Wednesday, within how long will I receive the bonus?
Reply
Joined Feb 2007
L7: Instigator
> bubble2 5,204 Posts
1,097 Reputation
SB1
11-14-2020 at 05:33 PM.
11-14-2020 at 05:33 PM.
Quote from egorre :
DoC = Doctor of Credit, a website tracking bank account and credit card sign up bonuses.
DP = Crowd-sourced data points compiled by admins over at DoC with links to the comments made by the users over at DoC.


sure, but contacting CS for a possible fix has always been YMMV, so generalizing the potential response especially when the company is different, IS bad advice.
Any company that will only communicate verbally with an overseas call center, that intentionally hides a promo field (that was totally unnecessary to begin with), is a prime candidate to scam customers out of the promo. This is $400 per account, not $4.

With the SD effect they are looking at hundreds of thousands of dollars (if not millions) in payouts. If you think anything otherwise then you are naive and haven't spent enough time on this site participating in the various deals.

Sometimes you have to learn the hard way. Good luck everyone.
3
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Joined Jun 2012
L7: Teacher
> bubble2 2,009 Posts
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RandomSDNeo
11-14-2020 at 05:34 PM.
11-14-2020 at 05:34 PM.
looks like none here got declined by Early Warning System? I got declined ...
Reply
Joined Nov 2006
L6: Expert
> bubble2 1,514 Posts
1,606 Reputation
BPyser1
11-14-2020 at 05:37 PM.
11-14-2020 at 05:37 PM.
Quote from elite-fusion :
Within how long would the bonus come in? Say the DD is done on Monday, and is in the account by Tuesday or Wednesday, within how long will I receive the bonus?
From the OP

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


Technically, it can be anytime from when you are done with your DD's until March 31, 2021. Typically it takes a few weeks after you did them, but it's up to Capital One. They certainly can drag it out longer if they want all the way to March, 2021.
Reply
Joined Nov 2008
L10: Grand Master
> bubble2 8,102 Posts
607 Reputation
dtmamg
11-14-2020 at 05:38 PM.
11-14-2020 at 05:38 PM.
Quote from elite-fusion :
Within how long would the bonus come in? Say the DD is done on Monday, and is in the account by Tuesday or Wednesday, within how long will I receive the bonus?
it is on the OP's 1st post.
Reply
Joined Oct 2015
Level 7 Susceptible
> bubble2 1,730 Posts
1,396 Reputation
egorre
11-14-2020 at 05:40 PM.
11-14-2020 at 05:40 PM.
Quote from dtmamg :
Great minds, same here. lol

Chase was the 1st one if I am not mistaken on opening bonus. They were selling mostly CC, which got me "hooked". One can redeem freedom card using 20k pts for $250 cash, then they stopped.

But I moved onto the airline and got countless free travel perks for FREE.

I do not mind getting this for 2021/1099 as I already cashed in close to $1k this yr on act open/1099 lol
haha yeah airline is the most lucrative way to redeem cc points, but I don't travel so I just use points either for CB or when banks like Citi and Chase give discounts on GC I need, or GC that has excellent resell value on Raise. I think I've made the most money on Amex Gold since I was able to redeem the airline credit twice by buying United eGC end of december and january and sold it to raise on top of the sign up point bonus before closing the account before the annual fee hit lol
Reply

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Joined Sep 2011
Y U DO DIS?
> bubble2 530 Posts
52 Reputation
DFisBUSY
11-14-2020 at 06:01 PM.
11-14-2020 at 06:01 PM.
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'm going in blind as well, so i'm not sure either my friend. I will let you know once i get some updates
Reply
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