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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
689,785 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

Written by
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
689,785 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 May 2015
L3: Novice
> bubble2 284 Posts
GiveMeMercy
11-15-2020 at 07:22 PM.
11-15-2020 at 07:22 PM.
Quote from JaunM View quoted comment :
Called and found out the code didn't apply. Canceled my account immediately. CS said this promo only applies to 1st time accounts so opening up another would not qualify. Boohoo
Did you open your previous 360 Checking account on or after January 1, 2018?
Reply
Joined Sep 2012
L2: Beginner
> bubble2 99 Posts
12 Reputation
JaunM
11-15-2020 at 07:22 PM.
11-15-2020 at 07:22 PM.
Quote from GiveMeMercy View quoted comment :
Did you open your previous 360 Checking account on or after January 1, 2018?

This was my first account
Reply
Joined Aug 2020
L6: Expert
> bubble2 1,070 Posts
Nautian
11-15-2020 at 07:26 PM.
11-15-2020 at 07:26 PM.
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+

Btw pushing you up a tax bracket does not mean you're losing out, only the income that falls into the new bracket will be taxed at that higher rate, so there's never a time you're losing money by going up a bracket.
Reply
Joined Jul 2012
L2: Beginner
> bubble2 98 Posts
18 Reputation
wzzp144
11-15-2020 at 07:30 PM.
11-15-2020 at 07:30 PM.
I didn't read all these comments and applied. I didn't add the promo code and pressed "Fund my account later". It never asked me for the promo code. Then reading the comments, called the rep and asked if the promo was applied. He said it was or either is lying. Anyone call to verify? I am not sure what to do now.
Reply
Joined Dec 2014
L8: Grand Teacher
> bubble2 3,652 Posts
1,230 Reputation
louweed
11-15-2020 at 07:37 PM.
11-15-2020 at 07:37 PM.
Quote from karthik_r View quoted comment :
Should be the latter I guess. Eg. 1st DD $100, 2 DD $900

Called the CC number and confirmed. Each deposit need not be $1000. So, you can have 2 ore more deposits totaling $1000.
i totally forgot... how do you ACH from your paypal acct? thanks!
Reply
Last edited by louweed November 15, 2020 at 09:13 PM.
Joined May 2005
hackdagibson
> bubble2 605 Posts
94 Reputation
teckel1927
11-15-2020 at 07:54 PM.
11-15-2020 at 07:54 PM.
Can you drain it to $1 once you ach in the 1k
Reply
Joined Feb 2015
L1337: Deal Sniper
> bubble2 2,284 Posts
537 Reputation
Nytron
11-15-2020 at 08:02 PM.
11-15-2020 at 08:02 PM.
Quote from wzzp144 View quoted comment :
I didn't read all these comments and applied. I didn't add the promo code and pressed "Fund my account later". It never asked me for the promo code. Then reading the comments, called the rep and asked if the promo was applied. He said it was or either is lying. Anyone call to verify? I am not sure what to do now.
There was a link near that "fund later" (or w/e it's called) button that drops down a text box where you enter in the promo code. If you used the link OP gave in Chrome, it should have autofilled the promo code, but you should have checked to make sure.
Reply

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Joined Nov 2014
L3: Novice
> bubble2 174 Posts
22 Reputation
doi.onze
11-15-2020 at 08:07 PM.
11-15-2020 at 08:07 PM.
oof. forgot to add the promo code. anyone knows their email? I can't find it anywhere
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
11-15-2020 at 08:07 PM.
11-15-2020 at 08:07 PM.
Quote from mohikrish View quoted comment :
Post 60 days of account opening,
Is there a minimum direct deposit needed every month?
not that I can see
Reply
Joined Dec 2006
MagniCowpie
> bubble2 2,648 Posts
609 Reputation
Prologik
11-15-2020 at 08:24 PM.
11-15-2020 at 08:24 PM.
Quote from wzzp144 View quoted comment :
I didn't read all these comments and applied. I didn't add the promo code and pressed "Fund my account later". It never asked me for the promo code. Then reading the comments, called the rep and asked if the promo was applied. He said it was or either is lying. Anyone call to verify? I am not sure what to do now.
Quote from Nytron View quoted comment :
There was a link near that "fund later" (or w/e it's called) button that drops down a text box where you enter in the promo code. If you used the link OP gave in Chrome, it should have autofilled the promo code, but you should have checked to make sure.
It was there BEFORE the funding option. It wasn't hidden, but wasn't obvious either.
Reply
Joined Oct 2008
L10: Grand Master
> bubble2 9,870 Posts
692 Reputation
DontTaxBeer
11-15-2020 at 08:25 PM.
11-15-2020 at 08:25 PM.
Quote from yoyofish View quoted comment :
YES, taxable income forget it.
only if its over $600. problem is, if you dump a large amount in the account, will they tack on the $600 to your 1099-INT at the end of the year?
Reply
Joined Nov 2008
L10: Grand Master
> bubble2 8,106 Posts
607 Reputation
dtmamg
11-15-2020 at 08:33 PM.
11-15-2020 at 08:33 PM.
Quote from Prologik View quoted comment :
It was there BEFORE the funding option. It wasn't hidden, but wasn't obvious either.

Correct I saw that as well
Reply
Joined Nov 2006
L10: Grand Master
> bubble2 13,132 Posts
1,065 Reputation
poohbie
11-15-2020 at 08:40 PM.
11-15-2020 at 08:40 PM.
Quote from teckel1927 View quoted comment :
Can you drain it to $1 once you ach in the 1k
yes can drain it to 1 cent or even $0 if you want. No minimum balance. Although if you plan to keep the account post-bonus, probably better to keep above-zero balance.
Reply
Joined Nov 2006
L10: Grand Master
> bubble2 13,132 Posts
1,065 Reputation
poohbie
11-15-2020 at 08:42 PM.
11-15-2020 at 08:42 PM.
Quote from Prologik View quoted comment :
It was there BEFORE the funding option. It wasn't hidden, but wasn't obvious either.
The promo code auto-populated for someone already with a Capital One login/savings account, while had to be entered manually for someone who was new to Capital One. Both started from the promo webpage.
Reply

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Joined Aug 2014
L3: Novice
> bubble2 205 Posts
38 Reputation
wicknut
11-15-2020 at 08:47 PM.
11-15-2020 at 08:47 PM.
can anyone remind me how to transfer from a brokerage account to this newly opened checking account? Do I initiate the transfer from the brokerage side, with Capitalone's routing and account numbers? If so, do I have to enter anything on the funding page during the Capitalone account open process?
Reply
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