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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 Dec 2014
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> bubble2 8,288 Posts
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someoneslick
11-16-2020 at 04:22 AM.
11-16-2020 at 04:22 AM.
I guess I just threw my $400 away. I got in a hurry to open the account and didn't notice that if you ask SS to change your direct deposit you need tot ell them by the 15th for it to go into effect on the next check. So i am a day late and thus won't get 2 deposited within 60 days. Just gave them all my info for nothing.

i wonder if I could get SS to delay a payment until they are able to put it in the new account. Otherwise, I will only get 1 DD and I highly doubt people are right about paypal counting.
Reply
Last edited by someoneslick November 16, 2020 at 04:28 AM.
Joined May 2017
L1: Learner
> bubble2 70 Posts
43 Reputation
MichaelF8618
11-16-2020 at 05:17 AM.
11-16-2020 at 05:17 AM.
Quote from Locinator View quoted comment :
Dang it applied quickly and forgot to add promo code. Hope I will get the bonus still. Called cs
they gave me a phone number to call on february 3rd in order to ask for an "exception request" FYI.
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
11-16-2020 at 05:24 AM.
11-16-2020 at 05:24 AM.
Quote from wicknut View quoted comment :
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?
Either works. I linked it from the brokerage side
Reply
Joined Nov 2017
L2: Beginner
> bubble2 473 Posts
376 Reputation
sinsanamano
11-16-2020 at 06:14 AM.
11-16-2020 at 06:14 AM.
Quote from eko427 View quoted comment :
So you still take home $280 that you didn't have before?
Instead I can open credit cards to get 300$ direct on my pocket
Reply
Joined Dec 2006
L4: Apprentice
> bubble2 423 Posts
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bngguy
11-16-2020 at 06:20 AM.
11-16-2020 at 06:20 AM.
They want a copy of my id, anyone else get the same?
Reply
Joined Aug 2010
Metal Gigantuar
> bubble2 1,987 Posts
551 Reputation
Debit2Cash
11-16-2020 at 07:00 AM.
11-16-2020 at 07:00 AM.
Quote from DontTaxBeer View quoted comment :
did the law change? it used to be that they reported if it was $600 and over.
The $600 IRS (1099 MISC) minimum reporting requirement is for vendors that provide services to companies. Bank 1099-INT reporting has always been done differently. By law, you are still required to report any and all income regardless whether the company sent you a 1099. I get a few 1099-INT forms from banks for as little as $10.00. Almost all banks issue 1099-INT forms for interest income earned from account opening promotions. One year I got a $200 1099 for an Ipod from Bank of the West. In recent years, I average between $1500 and $3000 in bank bonus interest annually and there has only been a couple of times that I can recall not getting a 1099-INT for a bank bonus.
Reply
Joined Feb 2018
L3: Novice
> bubble2 218 Posts
32 Reputation
FuschiaFang3448
11-16-2020 at 08:30 AM.
11-16-2020 at 08:30 AM.
Quote from itsfighter View quoted comment :
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

So, did I just bone myself by selecting "skip/I'll add money later?"
Reply

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Joined Nov 2019
L2: Beginner
> bubble2 45 Posts
10 Reputation
Moustafaelsawy
11-16-2020 at 08:40 AM.
11-16-2020 at 08:40 AM.
Quote from Hardik14 View quoted comment :
At which step there is an option to add a promo code? Is it after adding money to account?

Same question. Just created an account and there was no place to enter the promo code..
Reply
Joined Apr 2009
L9: Master
> bubble2 4,257 Posts
554 Reputation
emofals
11-16-2020 at 08:52 AM.
11-16-2020 at 08:52 AM.
Quote from rios7 View quoted comment :
the cs people I talked to refused to put it in writing were making some lame excuse about how they can't write outbound emails..... sounded pretty squirrely to me but at least I got their names and employee reference numbers
yep, do their word means nothing.
Reply
Joined Apr 2009
L9: Master
> bubble2 4,257 Posts
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emofals
11-16-2020 at 08:53 AM.
11-16-2020 at 08:53 AM.
Quote from liunit92 View quoted comment :
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
Like I said above, means nothing. So hope and pray and keep your fingers crossed.
Reply
Joined Sep 2004
L6: Expert
> bubble2 1,118 Posts
504 Reputation
rootdeals
11-16-2020 at 09:02 AM.
11-16-2020 at 09:02 AM.
What is the limit of this $400 bonus? Is it one per address or person? I could not find such info in the fine prints.
TIA
Reply
Joined Mar 2012
L6: Expert
> bubble2 1,040 Posts
123 Reputation
txpyro
11-16-2020 at 09:48 AM.
11-16-2020 at 09:48 AM.
Done. Easy money !
Reply
Joined Nov 2008
L10: Grand Master
> bubble2 8,106 Posts
607 Reputation
dtmamg
11-16-2020 at 09:50 AM.
11-16-2020 at 09:50 AM.
Quote from someoneslick View quoted comment :
I forgot to ask.... by two auto deposits, does it mean 2 DIFFERENT ones, ie from different sources or it can be two from the same source (such as the same recurring deposit twice)?
Either way
Reply
Joined Nov 2008
L10: Grand Master
> bubble2 8,106 Posts
607 Reputation
dtmamg
11-16-2020 at 09:51 AM.
11-16-2020 at 09:51 AM.
Quote from rootdeals View quoted comment :
What is the limit of this $400 bonus? Is it one per address or person? I could not find such info in the fine prints.
TIA
One per ssn
Reply

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Joined Mar 2012
L6: Expert
> bubble2 1,040 Posts
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txpyro
11-16-2020 at 09:54 AM.
11-16-2020 at 09:54 AM.
So what is easiest way to get the $1000 ACH ? Paypal?
Reply
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