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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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Score
+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 Feb 2019
L3: Novice
> bubble2 150 Posts
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EagerTexture118
11-15-2020 at 02:41 PM.
11-15-2020 at 02:41 PM.
Quote from omiandpsr View quoted comment :
Thanks OP. Opened an account and called customer care who confirmed code was applied. Planning to make two transfers out of Robinhood to meet the requirements. Let's see how it goes.

For folks that are doubting the legitimacy - I think given covid, when people have more savings and are spending less, so these virtual banks are probably pushing to get more accounts / new customers by offering higher incentives.

How to transfer out of Robinhood ? Just transfer whatever money we have to this account and it will be considered as ACH transfer ?
Reply
Joined Sep 2016
L3: Novice
> bubble2 109 Posts
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omiandpsr
11-15-2020 at 02:43 PM.
11-15-2020 at 02:43 PM.
Quote from EagerTexture118 View quoted comment :
How to transfer out of Robinhood ? Just transfer whatever money we have to this account and it will be considered as ACH transfer ?
I think so. Someone posted a comment they confirmed with customer service that transfers from brokerage accounts count as ACH.
Reply
Joined Aug 2009
L3: Novice
> bubble2 262 Posts
134 Reputation
tireshark
11-15-2020 at 02:48 PM.
11-15-2020 at 02:48 PM.
Quote from Prologik View quoted comment :
Maybe. I found it easier to open a brokerage account. I don't know about others, but Schwab doesn't hit you with a hard pull. It only took a few minutes, far less time that a government phone call for sure. Besides, been a bit too safe with my wealthfront accounts and I can afford a bit more risk on some long-term goals.
Are you saying you opened a Schwab account, to make a direct deposit for the Capital bonus?
1
Reply
Joined Feb 2019
L3: Novice
> bubble2 150 Posts
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EagerTexture118
11-15-2020 at 02:48 PM.
11-15-2020 at 02:48 PM.
Quote from omiandpsr View quoted comment :
I think so. Someone posted a comment they confirmed with customer service that transfers from brokerage accounts count as ACH.

Wow ! Will give it a try then !
Reply
Joined Sep 2016
L3: Novice
> bubble2 109 Posts
124 Reputation
omiandpsr
11-15-2020 at 02:51 PM.
11-15-2020 at 02:51 PM.
Quote from EagerTexture118 View quoted comment :
Wow ! Will give it a try then !
Just checked my bank statement that I use to fund Robinhood - all transactions to and from are ACH Credit / Debit.
Reply
Joined Dec 2006
MagniCowpie
> bubble2 2,648 Posts
609 Reputation
Prologik
11-15-2020 at 03:12 PM.
11-15-2020 at 03:12 PM.
Quote from tireshark View quoted comment :
Are you saying you opened a Schwab account, to make a direct deposit for the Capital bonus?
That's what I did. Spent about an hour on DOC, and everyone who used a Schwab account said it was recorded by capital one as a DD and not a p2p. Fidelity and Goldman worked too by others too, but there were less comments about those.
Reply
Joined Nov 2018
L2: Beginner
> bubble2 27 Posts
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Actuarian
11-15-2020 at 03:41 PM.
11-15-2020 at 03:41 PM.
Quote from greyster View quoted comment :
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.
Even if you're making enough to put you in the highest tax bracket, you're going to turn down a free $252? 37% tax on the $400 costs you $148, less if you're not taking down $500k a year already.
Reply

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Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
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rios7
11-15-2020 at 04:23 PM.
11-15-2020 at 04:23 PM.
do we have to keep the 1k in the account until we get our bonus or can we pull it out sometime before that?
Reply
Joined Feb 2005
L3: Novice
> bubble2 168 Posts
35 Reputation
frogli
11-15-2020 at 04:25 PM.
11-15-2020 at 04:25 PM.
Quote from Actuarian View quoted comment :
Even if you're making enough to put you in the highest tax bracket, you're going to turn down a free $252? 37% tax on the $400 costs you $148, less if you're not taking down $500k a year already.

$800 if your married
Reply
Joined Aug 2010
B!tch Please
> bubble2 6,581 Posts
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Truth-Serum
11-15-2020 at 04:29 PM.
11-15-2020 at 04:29 PM.
How do I check when I last opened a 360 account? I think I did it before
Reply
Joined Sep 2009
L5: Journeyman
> bubble2 971 Posts
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MrSchmo
11-15-2020 at 04:41 PM.
11-15-2020 at 04:41 PM.
Does it need to be 2 deposits? I have $1000 under the mattress and just want to make the one. Will that count?
Reply
Joined Dec 2007
L3: Novice
> bubble2 206 Posts
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fatalman
11-15-2020 at 04:41 PM.
11-15-2020 at 04:41 PM.
Quote from ThinBlueLine2 View quoted comment :
I'm still waiting for my $500. bonus from there last savings offer.
Took multiple calls for CC to deposit the bonus
Reply
Joined Aug 2009
L3: Novice
> bubble2 262 Posts
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tireshark
11-15-2020 at 05:45 PM.
11-15-2020 at 05:45 PM.
Quote from MrSchmo View quoted comment :
Does it need to be 2 deposits? I have $1000 under the mattress and just want to make the one. Will that count?
Two direct deposits (not just a regular deposit), that total $1000, in the first 60 days.
Reply
Joined Feb 2007
L7: Instigator
> bubble2 5,204 Posts
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SB1
11-15-2020 at 05:48 PM.
11-15-2020 at 05:48 PM.
Quote from chewable1 View quoted comment :
Wow conspiracy theory after conspiracy theory. How do you know they intentionally do it? And I spoke with a US rep. But I guess you're right, you'll learn the hard way how to miss out on 400.
I have been around long enough to watch these scams play out, you will hopefully learn one day too.
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Joined May 2013
L6: Expert
> bubble2 1,779 Posts
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liunit92
11-15-2020 at 05:50 PM.
11-15-2020 at 05:50 PM.
Quote from emofals View quoted comment :
Did he/she say guaranteed? If yes, did you get it in writing?
no mentions of guaranteed. not sure how i could ask for it in writing if i talked to him on the phone. he just said he made a note of it in my account. i guess i could call back asking to be sent an email or snail mail
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