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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
678,960 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 06:03 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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678,960 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 Sep 2013
L3: Novice
> bubble2 789 Posts
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chucktaylur
11-18-2020 at 08:19 AM.
11-18-2020 at 08:19 AM.
What would a transfer that qualifies be coded as?
Reply
Joined Sep 2014
L5: Journeyman
> bubble2 640 Posts
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acbharath14
11-18-2020 at 09:12 AM.
11-18-2020 at 09:12 AM.
For the benefit of all the people who are interested in making this work with PayPal, I think we are out of luck. Just did a trial transfer from my paypal to capital one 360 account and it got deposited as P2P and not as direct deposit. My BofA does count paypal transfer as direct deposit. So, I guess the way it is with Capital one, it doesn't look like paypal transfer is an option .
Reply
Joined Jul 2018
L2: Beginner
> bubble2 63 Posts
22 Reputation
dagabester
11-18-2020 at 09:53 AM.
11-18-2020 at 09:53 AM.
Hey Everyone,
I've read through a few pages of comments but couldn't find a direct answer to this question. I just opened my account, and of course I missed the tiny promo code box to enter the promo code for the account. I'd like to send a quick email or chat, but it doesn't seem capital one has these features available. How do I make sure this brand new account is eligible for the promo? I saw a few people mention that they talked to people that said to call after February? Not sure if that was for something else though. Let me know, thanks in advance!
2
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Joined Oct 2016
L2: Beginner
> bubble2 40 Posts
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msmith2077
11-18-2020 at 09:58 AM.
11-18-2020 at 09:58 AM.
So I have received my deposits from webull and td ameritrade.

Appears on statement as: Deposit from WEBULL FINANCIAL ACH
Memo ACH

Says the same for Td ameritrade.

Also moved money from my citi checking to capital one and it reads
Transaction Type:Electronic transfer
Appears on statement as: Deposit from CITIBK CK WEBXFR P2P

So my best shot is using my trading brokerage accounts to transfer the money. Not sure if it will 100% work, but both are listed as ACH transactions.
Reply
Joined Sep 2011
L6: Expert
> bubble2 1,492 Posts
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sdeal_77
11-18-2020 at 10:03 AM.
11-18-2020 at 10:03 AM.
Quote from dagabester :
Hey Everyone,
I've read through a few pages of comments but couldn't find a direct answer to this question. I just opened my account, and of course I missed the tiny promo code box to enter the promo code for the account. I'd like to send a quick email or chat, but it doesn't seem capital one has these features available. How do I make sure this brand new account is eligible for the promo? I saw a few people mention that they talked to people that said to call after February? Not sure if that was for something else though. Let me know, thanks in advance!
How did you miss entering the promo code? I went from the link directly and clicked open now and it inherited the promo code. Should we add it again separately in specific area? I took a screen shot of the confirmation page where is says below:

If you use promo code BONUS400 to open the account, to earn the $400 bonus you will need to receive
at least 2 direct deposits totaling $1,000 or more within 60 days. Visit www.capitalone.com/bonus400
for eligibility and full offer details.
1
Reply
Joined Mar 2019
New User
> bubble2 1 Posts
10 Reputation
Moralebreaker
11-18-2020 at 10:10 AM.
11-18-2020 at 10:10 AM.
I attempted to open a 360 checking account using the bonus 400 promo.
after completing the acct set up, I contacted customer service to verify the promo was applied because I didn't see any confirmation of it during the application process.
customers service (who was very hard to understand because of their thick accent) were unable to verify the promo had been applied.

they're suggestion was to just keep the acct open and wait a few months, and if the additional $400 bonus wan not applied, call and explain situation to see if capital one would make an exception (i felt that response was unacceptable).

I told then I would like to cancel my account, which they then assisted me with.

overall, I was very disappointed with my experience with capital one.
4
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Joined Aug 2012
L7: Teacher
> bubble2 2,250 Posts
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SeventiesVet
11-18-2020 at 10:31 AM.
11-18-2020 at 10:31 AM.
Yes, it's hit or miss if your account took the code. I called twice on separate days to confirm. First time was told it didn't take and to call back in February to get an exception after the 2 direct deposits are completed. On the second call the rep confirmed it was applied.

It would have been so much easier if CapOne simply coded the account to show the promo code was applied or not for customers to see at login.
Reply

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Joined Dec 2008
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regcustomer88
11-18-2020 at 11:41 AM.
11-18-2020 at 11:41 AM.
Quote from Warriorsfan89 :
this is as close as it gets to a qualifying deposit, listed as Deposit, ACH
Attachment 9603347
I first tried Paypal, and that doesn't show the same, it showed as "elec transfer", memo "transfer".

This image below shows as ACH deposit now (not PP). Not sure if this is it?
Reply
Last edited by ms123 November 18, 2020 at 12:06 PM.
Joined May 2010
L5: Journeyman
> bubble2 941 Posts
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bikerbandito
11-18-2020 at 12:17 PM.
11-18-2020 at 12:17 PM.
Quote from RyThaFlyGuy :
As long as it posts as ACH, it will qualify.
My deposit from my retirement account has a category of "transfer" and a transaction type of "electronic transfer". Does this qualify as a DD or does the transaction type need to show as direct deposit? It would be great if someone that actually used their employer's DD could chime in.
Reply
Last edited by bikerbandito November 18, 2020 at 12:26 PM.
Joined Jan 2015
L6: Expert
> bubble2 1,059 Posts
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Pro
OI3AIVIAISBLACK
11-18-2020 at 12:46 PM.
11-18-2020 at 12:46 PM.
So what's up with this?

"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 11/18/2020. 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."

I am guessing we get that monthly as a credit to our accounts? Sorry if it's a stupid question just curious
Reply
Joined Apr 2014
New User
> bubble2 5 Posts
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superspyshu
11-18-2020 at 01:05 PM.
11-18-2020 at 01:05 PM.
I updated my unemployment benefits to transfer to capital one (put in the change on Sunday and got the deposit on Tuesday- though this may depend on how fast/efficient your state is). It shows up as DD.

I've also tried transferring from my Ally savings and checking account for future reference. The checking account did NOT go through as ACH, but as a p2p. The saving transfer won't go through until Friday I think, so I'll update them. Hopefully it'll go through as ACH.
Reply
Joined Aug 2012
L7: Teacher
> bubble2 2,250 Posts
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SeventiesVet
11-18-2020 at 01:47 PM.
11-18-2020 at 01:47 PM.
Quote from OI3AIVIAISBLACK :
So what's up with this?

"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 11/18/2020. 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."

I am guessing we get that monthly as a credit to our accounts? Sorry if it's a stupid question just curious
Yes that's correct.
Reply
Joined Dec 2011
Disco>Driving>Disco
> bubble2 4,493 Posts
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wspfan
11-18-2020 at 01:58 PM.
11-18-2020 at 01:58 PM.
thanks op. Signed up!! Will make the ACH transfers this week. I have a few business checking accounts.
Reply
Joined Feb 2012
L3: Novice
> bubble2 251 Posts
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woozdeals
11-18-2020 at 03:03 PM.
11-18-2020 at 03:03 PM.
Quote from superspyshu :
I updated my unemployment benefits to transfer to capital one (put in the change on Sunday and got the deposit on Tuesday- though this may depend on how fast/efficient your state is). It shows up as DD.

I've also tried transferring from my Ally savings and checking account for future reference. The checking account did NOT go through as ACH, but as a p2p. The saving transfer won't go through until Friday I think, so I'll update them. Hopefully it'll go through as ACH.
I did an ally savings/money market transfer, and it's p2p, not ach.
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Joined Nov 2006
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larryc
11-18-2020 at 03:23 PM.
11-18-2020 at 03:23 PM.
Quote from sdeal_77 :
How did you miss entering the promo code? I went from the link directly and clicked open now and it inherited the promo code. Should we add it again separately in specific area? I took a screen shot of the confirmation page where is says below:

If you use promo code BONUS400 to open the account, to earn the $400 bonus you will need to receive
at least 2 direct deposits totaling $1,000 or more within 60 days. Visit www.capitalone.com/bonus400
for eligibility and full offer details.
I missed it as well. I clicked on the link provided www.capitalone.com/bonus400, went through the entire signup process, and when I got to the end, poof, I had a new checking account and no where did I see a place to enter the code. (I may have missed it, but if I did, then boy, it must have been quite hidden).
I quickly called customer service, and talked to a helpful agent who said she'd manually enter the BONUS400 code into my account, so I should be good to go.
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