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Capital One: Open a 360 Checking Account, Receive 2+ Direct Deposits $1000+ Expired
$400 Bonus
(New Checking Account Holders)
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
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:
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.
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:
- 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.
- 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.
- 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.
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.
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Featured Comments
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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BUT the most common facts I've gathered:
Checking Accounts DONT hardpull your Credit (worst case is a soft pull, checking has its own point system)
Definitely need more than 1 qualifying deposit - 2,3,4,5 deposits totaling more than $1000
You dont have to keep 1000 in there (according to ppl speaking to reps), but personally ill always keep minimum $1k there to be safe.
For qualifying deposits:
Paypal, Venmo, Cash DONT work (99% sure from previous data from other banks AND Cap1 itself)
Other popular banks - Chase, BoA, WellsFargo, Discover DONT work anymore (99% fail chance)
Less popular banks - may or may not work, no clue, roll your dice
Broker accounts - may or may not work, but higher success rate than banks, roll your dice
Payroll, Government benefits deposits - YES, these are listed on the terms, what the offer aimed for.
Additional info: your bank transfers should be a PUSH from other accounts into CapOne to have a chance to qualify as ACH Direct Deposit. Should also try as scheduled/repeated transfer (can cancel the scheduling after transfer completed) for better success rate.
Currently don't know of any confirmation from CapOne even if we have completed the requirements or not, yet. Give it a few weeks, hopefully ppl get good news and provide some data point.
Your ONLY concern right now should be applying code BONUS400 while signing up, AND try your best it sticks...It's very tricky, different from cases to cases. Sadly no way to be sure.
Calling the customer support to confirm is of no help as they don't give you anything in writing. So there is a scope for denial.
So, just do what you have to do to open, make those applicable deposits and sit tight.
The fight (if at all) will begin after the month of March 2021.
Then if you don't get the bonus, you have lost nothing. Just take the money out if you already didn't and go with your life with a lesson learned.
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Calling the customer support to confirm is of no help as they don't give you anything in writing. So there is a scope for denial.
So, just do what you have to do to open, make those applicable deposits and sit tight.
The fight (if at all) will begin after the month of March 2021.
Then if you don't get the bonus, you have lost nothing. Just take the money out if you already didn't and go with your life with a lesson learned.
We should have screenshotted the success page I guess..
Anyway, my problem isn't the code, it's that I may not be able to get the first DD in there, so then would be stuck with only one and nobody knowing an easy way to do one.
BUT the most common facts I've gathered:
Checking Accounts DONT hardpull your Credit (worst case is a soft pull, checking has its own point system)
Definitely need more than 1 qualifying deposit - 2,3,4,5 deposits totaling more than $1000
You dont have to keep 1000 in there (according to ppl speaking to reps), but personally ill always keep minimum $1k there to be safe.
For qualifying deposits:
Paypal, Venmo, Cash DONT work (99% sure from previous data from other banks AND Cap1 itself)
Other popular banks - Chase, BoA, WellsFargo, Discover DONT work anymore (99% fail chance)
Less popular banks - may or may not work, no clue, roll your dice
Broker accounts - may or may not work, but higher success rate than banks, roll your dice
Payroll, Government benefits deposits - YES, these are listed on the terms, what the offer aimed for.
Additional info: your bank transfers should be a PUSH from other accounts into CapOne to have a chance to qualify as ACH Direct Deposit. Should also try as scheduled/repeated transfer (can cancel the scheduling after transfer completed) for better success rate.
Currently don't know of any confirmation from CapOne even if we have completed the requirements or not, yet. Give it a few weeks, hopefully ppl get good news and provide some data point.
Your ONLY concern right now should be applying code BONUS400 while signing up, AND try your best it sticks...It's very tricky, different from cases to cases. Sadly no way to be sure.
Assuming amazon selling is how it used to be, they put it in your account on THEIR schedule, so it's them doing it, which seems to me it would be considered direct deposit for business.
People are trying to trigger it by making deposits from Paypal, other banks, or brokerages, but no one knows if it will trigger the reward.
The only "for sure" way that we know of right now is SS or payroll.
Warriorsfan's post above sums it up.
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