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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
688,309 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
688,309 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 Nov 2009
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> bubble2 176 Posts
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threeonethree
11-15-2020 at 11:09 AM.
11-15-2020 at 11:09 AM.
So dont choose fund account when opening? There is an error?
Reply
Joined Mar 2009
L7: Teacher
> bubble2 2,045 Posts
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MzSuperStar
11-15-2020 at 11:19 AM.
11-15-2020 at 11:19 AM.
Quote from eko427 View quoted comment :
So you still take home $280 that you didn't have before?
Yes, this is what's weird to me as well. Unless the $400 is going to push you up into the next tax bracket, then just pay the taxes on it and be happy about $200-300+
Reply
Joined Jan 2012
This title isn't long en-
> bubble2 3,061 Posts
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bosoxdanc
11-15-2020 at 11:25 AM.
11-15-2020 at 11:25 AM.
Quote from bocil View quoted comment :
https://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/#Capital_One_360

Thank you
Reply
Joined Aug 2007
L5: Journeyman
> bubble2 743 Posts
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joeboy
11-15-2020 at 11:26 AM.
11-15-2020 at 11:26 AM.
Quote from MzSuperStar View quoted comment :
Yes, this is what's weird to me as well. Unless the $400 is going to push you up into the next tax bracket, then just pay the taxes on it and be happy about $200-300+
And - even if it DOES happen to be the amount that pushes you from one tax bracket to another, keep in mind that the higher tax rate only applies to the marginal amount.

There is no situation where paying taxes on this ends up costing you money
Reply
Joined Jul 2009
L4: Apprentice
> bubble2 472 Posts
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Resiroth
11-15-2020 at 11:27 AM.
11-15-2020 at 11:27 AM.
Quote from MzSuperStar View quoted comment :
Yes, this is what's weird to me as well. Unless the $400 is going to push you up into the next tax bracket, then just pay the taxes on it and be happy about $200-300+
The way tax brackets work is you pay the listed rate only for the $ above a certain threshold. So for ex. If the brackets are 10% 20k, 20% 40k.

If you make 10k, take home 9k (10%)

20k take home 18k. (10%)

30k you have 20k at 10% or 18k. And you have 10k at 20% or 8k. Total being 26k.

The only exception of when making more money hurts you is when you stop qualifying for some government benefits that don't phase out gradually. Like Medicaid in some states. Otherwise making more $ is always helpful.
1
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Joined Apr 2006
L6: Expert
> bubble2 1,156 Posts
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madshakes
11-15-2020 at 11:30 AM.
11-15-2020 at 11:30 AM.
Quote from TejaR6820 View quoted comment :
I forgot to enter the promo code while signing up. Here's what I did to enter the promo code after signing up:

JUST OPEN A NEW ACCOUNT and DONT FORGET TO ADD FUNDS TO YOUR ACCOUNT THIS TIME.

Link: https://apply.capitalone.com/inde...uctId=4000
you're making two accounts tho and it might disqualify you from getting the bonus
Reply
Joined Jan 2017
L2: Beginner
> bubble2 710 Posts
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greyster
11-15-2020 at 11:58 AM.
11-15-2020 at 11:58 AM.
Quote from emofals View quoted comment :
They all send you a 1099-int form. Don't worry.

Paying tax is what kills it, for me. When you get a credit card sign on bonus, you don't get hit with the 1099.
1
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Joined Dec 2011
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maxikSD
11-15-2020 at 12:05 PM.
11-15-2020 at 12:05 PM.
CapitalOne + Pete's Coffee = Awesome
Reply
Joined Dec 2008
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> bubble2 652 Posts
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HISI808
11-15-2020 at 12:09 PM.
11-15-2020 at 12:09 PM.
Quote from buy4free View quoted comment :
Do you think you will get the bonus? I also have the same situation....but I had the impression that having "ANY" capital one account will disqualify from getting this bonus.
Having other accounts does not affect anything unless it's another checking account. I have a 360 money market and 360 savings accounts. I called and they confirmed that the promo code has been applied.
Reply
Joined May 2013
L6: Expert
> bubble2 1,779 Posts
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liunit92
11-15-2020 at 12:12 PM.
11-15-2020 at 12:12 PM.
i didn't fund my account but did enter the promo code. i saw this post
https://slickdeals.net/forums/showpost.php?p=142253594&postcount=535

so i called capital 1 and they said i didn't enter my code but said to call back Feb 2, 2021 to get my bonus if i meet the requirement. he also said you can transfer your money out once you meet the requirement
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Joined Aug 2010
L4: Apprentice
> bubble2 461 Posts
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gatec77
11-15-2020 at 12:29 PM.
11-15-2020 at 12:29 PM.
Make sure you choose to do funding while opening the account.
Also on the last funding page enter the promo code and then do submit.

It clearly shows in summary page on the code entered.
1
Reply
Joined Jan 2005
L6: Expert
> bubble2 1,499 Posts
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buy4free
11-15-2020 at 12:34 PM.
11-15-2020 at 12:34 PM.
Quote from HISI808 View quoted comment :
Having other accounts does not affect anything unless it's another checking account. I have a 360 money market and 360 savings accounts. I called and they confirmed that the promo code has been applied.
great thanks for confirming
Reply
Joined Nov 2016
L3: Novice
> bubble2 225 Posts
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chi890
11-15-2020 at 12:43 PM.
11-15-2020 at 12:43 PM.
Quote from TejaR6820 View quoted comment :
I forgot to enter the promo code while signing up. Here's what I did to enter the promo code after signing up:

JUST OPEN A NEW ACCOUNT and DONT FORGET TO ADD FUNDS TO YOUR ACCOUNT THIS TIME.

Link: https://apply.capitalone.com/inde...uctId=4000
I also forgot to enter the promo code. But the last page of this link says "Yes, Open my account", would that mean 2 accounts? Not sure if the old account (where I forgot to enter the promo code) and the new account (promo code entered) will have the same account number. If not then it will be considered two accounts.
Reply
Joined Jun 2005
L3: Novice
> bubble2 270 Posts
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newbie audio
11-15-2020 at 12:48 PM.
11-15-2020 at 12:48 PM.
Quote from TejaR6820 View quoted comment :
I forgot to enter the promo code while signing up. Here's what I did to enter the promo code after signing up:

JUST OPEN A NEW ACCOUNT and DONT FORGET TO ADD FUNDS TO YOUR ACCOUNT THIS TIME.

Link: https://apply.capitalone.com/inde...uctId=4000
Thanks for the tip, but would the second account not qualify for the bonus due to the below rule?

Deal Editor's Notes & Price Research:
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
Last edited by newbie audio November 15, 2020 at 12:51 PM.

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Joined Sep 2016
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Slickdealer785
11-15-2020 at 12:51 PM.
11-15-2020 at 12:51 PM.
Quote from buy4free View quoted comment :
Do you think you will get the bonus? I also have the same situation....but I had the impression that having "ANY" capital one account will disqualify from getting this bonus.

It's a new checking account .. code applied successfully .. will check with CUstomer support tomorrow ..
Reply
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