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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
689,877 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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+810
689,877 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 Jul 2013
L5: Journeyman
> bubble2 608 Posts
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RyThaFlyGuy
11-21-2020 at 12:48 AM.
11-21-2020 at 12:48 AM.
Quote from MVSSVNJRK View quoted comment :
RyThatFlyGuy mentioned in his comments that Charles Swab transfer worked

It SHOULD work according to past transactions.

As I just recently commented it shows as a "MoneyLink" via Charles Schwab and on Capital One's info. MoneyLink in itself is classified as an ACH, it's just different verbiage. Again, SHOULD work. I'll try and reach out to Schwab and confirm if MoneyLink does in fact mean the same thing as an ACH transfer.
Reply
Joined Nov 2006
L10: Grand Master
> bubble2 13,132 Posts
1,065 Reputation
poohbie
11-21-2020 at 04:15 AM.
11-21-2020 at 04:15 AM.
Quote from RyThaFlyGuy View quoted comment :
It SHOULD work according to past transactions.

As I just recently commented it shows as a "MoneyLink" via Charles Schwab and on Capital One's info. MoneyLink in itself is classified as an ACH, it's just different verbiage. Again, SHOULD work. I'll try and reach out to Schwab and confirm if MoneyLink does in fact mean the same thing as an ACH transfer.
Schwab is going to tell you yes, but that won't say much as you can call a bank confirmed not to work in the past with CapOne and they'll also tell you it's an ACH transfer. As that's what they all are.

We just have to hope the many confirmations of Schwab Brokerage transfers working 3 years ago as reported on COD still applies now. Back then, they got the bonus quickly after the transfer so it was easy for them to confirm and do a different transfer if needed. Not sure we'll have the same luxury.

Schwab Brokerage transfer shows up on the CapitalOne side as:

SCHWAB BROKERAGE
Transaction Type: Electronic transfer
Appears on statement as: Deposit from SCHWAB BROKERAGE MONEYLINK
Memo
MONEYLINK
Reply
Last edited by poohbie November 21, 2020 at 04:18 AM.
Joined Aug 2012
L7: Teacher
> bubble2 2,251 Posts
311 Reputation
SeventiesVet
11-21-2020 at 05:50 AM.
11-21-2020 at 05:50 AM.
ACH isn't always a direct deposit, and it has to be a direct deposit. And even though the transfer worked, the question is if the bonus will work.
Reply
Joined Oct 2006
L3: Novice
> bubble2 139 Posts
29 Reputation
bougiee
11-21-2020 at 07:39 AM.
11-21-2020 at 07:39 AM.
Can i jsut transfer money from my Chase checking account to this account? Will this satisfy the bonus eligibility?
2
Reply
Joined Oct 2006
L3: Novice
> bubble2 139 Posts
29 Reputation
bougiee
11-21-2020 at 07:55 AM.
11-21-2020 at 07:55 AM.
i went with the schwab transfer, made 2 deposits. how do you know if it works?
Reply
Joined Jul 2007
L2: Beginner
> bubble2 63 Posts
26 Reputation
chikachic817
11-21-2020 at 01:49 PM.
11-21-2020 at 01:49 PM.
Quote from dj24 View quoted comment :
Like most I never got the code to show up on the confirmation final page. I made sure to retype it in the prior screen and made sure I didn't forget.

I think most people that are getting the code confirmation on the final page have probably been targeted first via e-mail or some other way..

I went through the link in this deal and wasn't targeted. Nothing was pre populated, I had to manually enter the promo code
Reply
Joined Nov 2015
L2: Beginner
> bubble2 33 Posts
10 Reputation
umulla
11-21-2020 at 06:03 PM.
11-21-2020 at 06:03 PM.
Anyone else having trouble connecting the capital one bank to PayPal.. it error out for me..
Reply

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Joined Nov 2015
L2: Beginner
> bubble2 33 Posts
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umulla
11-21-2020 at 06:04 PM.
11-21-2020 at 06:04 PM.
Also they were supposed to initiate two micro deposits to the bank I used to fund capital one.. that hasn't happened yet .. it's been a week since approval
Reply
Joined Nov 2010
L4: Apprentice
> bubble2 497 Posts
54 Reputation
SmileyFrog
11-21-2020 at 06:49 PM.
11-21-2020 at 06:49 PM.
So I made a mistake in opening the account it seems.

I didnt add the promo code, when I call them they say it's not on the account and that after i meet the reqs, they might be able to make an exception but can't guarantee it.

Should I close the account and make a new one?

Any recommendations? Greatly appreciated. thanks
Reply
Joined Feb 2018
L4: Apprentice
> bubble2 348 Posts
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SDlover2018
11-21-2020 at 10:13 PM.
11-21-2020 at 10:13 PM.
Quote from emofals View quoted comment :
I tried searching for this and couldn't find it, can you link it here please?
r/whoosh
Reply
Joined Jan 2020
L3: Novice
> bubble2 192 Posts
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Pro
BhargavaRam
11-22-2020 at 06:55 AM.
11-22-2020 at 06:55 AM.
Is it going to be a hard inquiry/pull on my social? Thanks in advance.
Reply
Joined May 2017
L3: Novice
> bubble2 158 Posts
46 Reputation
Combobox
11-22-2020 at 12:19 PM.
11-22-2020 at 12:19 PM.
It is a decent deal. But isn't it sneaky to put the "add promo code" on the adding fund page in such small font?
So many people have missed putting the promo code. SMH.
Reply
Joined Jul 2018
L2: Beginner
> bubble2 73 Posts
34 Reputation
FabulousPanther690
11-22-2020 at 12:40 PM.
11-22-2020 at 12:40 PM.
Quote from Combobox View quoted comment :
It is a decent deal. But isn't it sneaky to put the "add promo code" on the adding fund page in such small font?
So many people have missed putting the promo code. SMH.
I called them explaining that I did not add the code the first time around and when trying again it created a second account. They were unwilling to add the code to the first account. Looks like i am not going to waste more time and energy on this. Hate such shady tactics by banks.
Reply
Joined May 2017
L3: Novice
> bubble2 158 Posts
46 Reputation
Combobox
11-22-2020 at 12:51 PM.
11-22-2020 at 12:51 PM.
Quote from FabulousPanther690 View quoted comment :
I called them explaining that I did not add the code the first time around and when trying again it created a second account. They were unwilling to add the code to the first account. Looks like i am not going to waste more time and energy on this. Hate such shady tactics by banks.

I would suggest you to call them again. And explain what happened to your first account.
Reply

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Joined Mar 2014
L4: Apprentice
> bubble2 385 Posts
74 Reputation
AaqibK
11-22-2020 at 01:05 PM.
11-22-2020 at 01:05 PM.
I Have Capital One Simple Checking !
Im i eligible for this ?
Reply
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