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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
689,246 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

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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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689,246 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 Mar 2017
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> bubble2 38 Posts
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lykeable
11-17-2020 at 01:33 PM.
11-17-2020 at 01:33 PM.
I signed up yesterday and immediately transferred two (2) transfers of $500 from my Robinhood brokerage account, totaling $1000. Today they cleared, and I called customer service to confirm that those transfers qualified me for the promotion. They said, Yes, those counted as deposits. They said to expect the bonus after 90 days.

Pretty slick!
Reply
Joined Nov 2020
New User
> bubble2 2 Posts
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HappyClub249
11-17-2020 at 01:41 PM.
11-17-2020 at 01:41 PM.
This was a nightmare. Got stuck at the screen to call them to verify my identity. 30+ minutes on the phone with 3 different customer service reps only to find out the promo code couldn't be applied. I'm supposed to call them in April to verify the deposits and hope they'll apply it manually, but they refused to guarantee that would happen.

I logged into my account, only to be stuck at another identify verification screen, which failed because my phone number "wasn't linked" to my name, which is absurd, considering I've had the same number for over a decade.

One last phone call to close the disaster of an account. They insist on sending me a check for $0 to close the account. Insanity.
1
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Joined Aug 2009
L3: Novice
> bubble2 262 Posts
134 Reputation
tireshark
11-17-2020 at 02:01 PM.
11-17-2020 at 02:01 PM.
Quote from lykeable View quoted comment :
I signed up yesterday and immediately transferred two (2) transfers of $500 from my Robinhood brokerage account, totaling $1000. Today they cleared, and I called customer service to confirm that those transfers qualified me for the promotion. They said, Yes, those counted as deposits. They said to expect the bonus after 90 days.

Pretty slick!
Good to hear, thanks for the feedback.

I know nothing about Robinhood accounts... can you open it and just put cash in it, and then transfer it out?
Reply
Joined Jan 2016
L5: Journeyman
> bubble2 600 Posts
181 Reputation
singhster
11-17-2020 at 02:05 PM.
11-17-2020 at 02:05 PM.
Am a existing cap 1 client with 360 savings account. Just opened a new 360 checking in less than 1 minute with bonus400 code. Thanks OP!
Reply
Joined Aug 2009
L3: Novice
> bubble2 262 Posts
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tireshark
11-17-2020 at 02:08 PM.
11-17-2020 at 02:08 PM.
Quote from HISI808 View quoted comment :
I did a test transfer push initiated from Robinhood and in my 360 Checking it says the following: "Appears on statement as: Deposit from ROBINHOOD Funds"

Memo
Funds

I guess Robinhood will not work.

I also linked my 360 checking to my TD Ameritrade account and they deposited two small transactions for security purposes, these show as "Appears on statement as: Deposit from TD AMERITRADE ACH MICRO"

Memo
ACH MICRO

So there is some hope that a push transfer from TD Ameritrade will be coded as ACH. I will try that and report back since my 360 Checking is now verified in TD Ameritrade.
According to the post below, a CS rep said that Robinhood deposits will trigger the bonus. Might want to call and see what they say.


Quote from lykeable View quoted comment :
I signed up yesterday and immediately transferred two (2) transfers of $500 from my Robinhood brokerage account, totaling $1000. Today they cleared, and I called customer service to confirm that those transfers qualified me for the promotion. They said, Yes, those counted as deposits. They said to expect the bonus after 90 days.

Pretty slick!
Reply
Joined Jun 2019
L2: Beginner
> bubble2 2,215 Posts
523 Reputation
Fanime
11-17-2020 at 02:12 PM.
11-17-2020 at 02:12 PM.
Honestly, I don't know why anyone would believe a CS rep regarding what qualifies as a legit DD for this promotion.

Dont bet your horse on what they say...
1
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Joined Feb 2014
L4: Apprentice
> bubble2 328 Posts
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JasonJ6420
11-17-2020 at 02:20 PM.
11-17-2020 at 02:20 PM.
I just opened the account but saw no place for the promo code to be entered. Where was the code supposed to go?
Reply

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Joined Nov 2010
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slickdude1234
11-17-2020 at 02:24 PM.
11-17-2020 at 02:24 PM.
Quote from Fanime View quoted comment :
Honestly, I don't know why anyone would believe a CS rep regarding what qualifies as a legit DD for this promotion.

Dont bet your horse on what they say...

This.
Reply
Joined Sep 2004
L6: Expert
> bubble2 1,118 Posts
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rootdeals
11-17-2020 at 02:26 PM.
11-17-2020 at 02:26 PM.
Quote from singhster View quoted comment :
Am a existing cap 1 client with 360 savings account. Just opened a new 360 checking in less than 1 minute with bonus400 code. Thanks OP!
Just FYI:
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
Reply
Joined Jun 2013
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SubhasS
11-17-2020 at 02:29 PM.
11-17-2020 at 02:29 PM.
does doordash payment consider as DD?
Reply
Joined Aug 2009
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> bubble2 262 Posts
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tireshark
11-17-2020 at 02:31 PM.
11-17-2020 at 02:31 PM.
Quote from JasonJ6420 View quoted comment :
I just opened the account but saw no place for the promo code to be entered. Where was the code supposed to go?
On the page where it asks if you want to fund the account. It's a drop down link you have to click on, in the middle of the page.


Quote from GreyPear5521 View quoted comment :
Anyone else forget to enter promo code when signing up?
Yes, lots of people.

I didn't enter the code. I used Firefox, but I've read that Chrome would have autopopulated it. I called and the rep said it wasn't applied to my account, but she said she would make a note on my account, and that I could call back in February, and they would be able to make a manual exception.

Dont know if it will work, but that's what happened to me.
Reply
Joined Jan 2016
L5: Journeyman
> bubble2 600 Posts
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singhster
11-17-2020 at 02:32 PM.
11-17-2020 at 02:32 PM.
Quote from rootdeals View quoted comment :
Just FYI:
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

I mean you said it yourself "if you had an open 360 checking..". I said i have 360 savings. never had checking. So it will work. Verified fact. But thanks for concern.
Reply
Joined Jun 2010
Ruler of the Universe
> bubble2 687 Posts
112 Reputation
thetrillest
11-17-2020 at 02:52 PM.
11-17-2020 at 02:52 PM.
How are you guys transferring money from Robinhood? I funded my Robinhood account with 1,000, added the new capital one account and verified it, then once the funds settled, I tried to transfer the money out of Robinhood into the new capital one account, but I got an error message saying I could only withdraw the funds to the bank that funded the deposit. Am I supposed to do a transfer from my main bank to the new capital one, then send funds to Robinhood with that account, then withdraw them? Thanks!
Reply
Joined Feb 2014
L4: Apprentice
> bubble2 328 Posts
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JasonJ6420
11-17-2020 at 03:04 PM.
11-17-2020 at 03:04 PM.
Quote from tireshark View quoted comment :
On the page where it asks if you want to fund the account. It's a drop down link you have to click on, in the middle of the page.




Yes, lots of people.

I didn't enter the code. I used Firefox, but I've read that Chrome would have autopopulated it. I called and the rep said it wasn't applied to my account, but she said she would make a note on my account, and that I could call back in February, and they would be able to make a manual exception.

Dont know if it will work, but that's what happened to me.
Thanks, I called in and they could not confirm the deal was associated with my account. So the rep said to consider opening another...yeah, that did not work as it said I was now ineligible for the offer...because of the first account I opened minutes earlier, so it must have applied to it. But I did see the code goes on the page you indicated. Here's a screen snip of where others will see it. I recommend adding some small first deposit of like $5 here so the bonus code goes on your account. Then you'll need to fund your account with qualified ACH transfers within the 60 days. Otherwise, just take a screen cap of the offer and call them back in March and tell them you qualified but have not been paid.
Reply
Last edited by JasonJ6420 November 17, 2020 at 03:08 PM.

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Joined Aug 2009
L3: Novice
> bubble2 262 Posts
134 Reputation
tireshark
11-17-2020 at 03:10 PM.
11-17-2020 at 03:10 PM.
Quote from JasonJ6420 View quoted comment :
Thanks, I called in and they could not confirm the deal was associated with my account. So the rep said to consider opening another...yeah, that did not work as it said I was now ineligible for the offer...because of the first account I opened minutes earlier, so it must have applied to it. But I did see the code goes on the page you indicated. Here's a screen snip of where others will see it. I recommend adding some small first deposit of like $5 here so the bonus code goes on your account. Then you'll need to fund your account with qualified ACH transfers within the 60 days. Otherwise, just take a screen cap of the offer and call them back in March and tell them you qualified but have not been paid.
As I understand it, the offer wont work if you have an existing account. If you didn't put it on your initial account (and according to the CS it sounds like you didnt), then the system likely didn't reject you because it was already applied, but because you already had an initial account.

Based on what I'm reading in your post, it sounds like you dont have it applied on your initial account. Dont know why the rep told you to open another account, because I'm pretty sure that doesn't work... from what I've read, it will only work on the first account you open.
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