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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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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 Sep 2007
Don't PM me,SD blocked me
> bubble2 817 Posts
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hunnii
12-03-2020 at 12:44 AM.
12-03-2020 at 12:44 AM.
This is a LONG thread. 1000+ comments, many asking if their specific "Electronic Transfer" will qualify.

All Electronic Transfers will qualify (I have made two LONG posts on this topic to explain how it really works at Capital One), and they are not going bankrupt, and they will pay you the $400. Can we just stop the madness? CAPITAL ONE CATEGORIES ALL ACH AND DIRECT DEPOSIT AS ELECTRONIC TRANSFER. THERE IS NO CATEGORY CALLED "ACH" OR "DIRECT DEPOSIT".
4
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Joined Jun 2019
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> bubble2 2,215 Posts
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Fanime
12-03-2020 at 04:39 AM.
12-03-2020 at 04:39 AM.
Quote from hunnii View quoted comment :
This is a LONG thread. 1000+ comments, many asking if their specific "Electronic Transfer" will qualify.

All Electronic Transfers will qualify (I have made two LONG posts on this topic to explain how it really works at Capital One), and they are not going bankrupt, and they will pay you the $400. Can we just stop the madness? CAPITAL ONE CATEGORIES ALL ACH AND DIRECT DEPOSIT AS ELECTRONIC TRANSFER. THERE IS NO CATEGORY CALLED "ACH" OR "DIRECT DEPOSIT".
Not all transfers counted as DD for the last bonus promotion they had.

Quit spewing garbage.
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Joined Dec 2014
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> bubble2 8,288 Posts
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someoneslick
12-03-2020 at 06:36 AM.
12-03-2020 at 06:36 AM.
Does anyone else have a line 2 for their address to be able to confirm if the stupid checks will have it on them? Capital One oh so brilliantly leaves line 2 out of the address on the order checks page, both for the check address and the where they will mail them to address and they dumbly have no way to contact them other than calling, which I don't want to fool with.

Surely no company could be dumb enough to mail them without line 2 and leave line 2 off the checks when it's entered into the official address there.
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Joined Dec 2014
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> bubble2 8,288 Posts
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someoneslick
12-03-2020 at 06:45 AM.
12-03-2020 at 06:45 AM.
Quote from Michaelyu View quoted comment :
This is sneaky and frustrating. I made the same mistake as I chose to add the fund later and didn't have a chance to add promo code until the account was opened. CS is not very helpful when I called so I decided to close the account. I'd definitely stay away from Capital One in the future. Be careful to check before submitting your application.
I added my promo code and it confirmed on the next page it was added and even STILL I am worried since they don't give you any proof to keep. i should have printed that screen. It sounds like they try to get out of paying it and the fact that they have no way to online contact them is also troubling.
1
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Joined Dec 2014
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> bubble2 8,288 Posts
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someoneslick
12-03-2020 at 07:02 AM.
12-03-2020 at 07:02 AM.
Why do people keep saying it's not worth it because it's taxable? lol. So possibly having to pay 10-20% of it means it's not worth it? Makes no sense. lol.
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Joined Jan 2020
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> bubble2 57 Posts
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WisePartner167
12-03-2020 at 08:14 AM.
12-03-2020 at 08:14 AM.
It only gives me an option to transfer from my bank account. There's no way to set up a direct deposit from my work and also enter a promo code. Do they just mean transfer money?
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Joined Mar 2009
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> bubble2 6,657 Posts
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freebies4me2
12-03-2020 at 08:43 AM.
12-03-2020 at 08:43 AM.
Quote from WisePartner167 View quoted comment :
It only gives me an option to transfer from my bank account. There's no way to set up a direct deposit from my work and also enter a promo code. Do they just mean transfer money?
you can't do direct deposit until account is open. You would need the account number and routing number to do direct deposit.
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WisePartner167
12-03-2020 at 09:41 AM.
12-03-2020 at 09:41 AM.
Quote from freebies4me2 View quoted comment :
you can't do direct deposit until account is open. You would need the account number and routing number to do direct deposit.
Doing that just allows me to deposit money from my work, it doesn't give me an option to enter the promo code
1
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Joined Mar 2009
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freebies4me2
12-03-2020 at 09:43 AM.
12-03-2020 at 09:43 AM.
Quote from WisePartner167 View quoted comment :
Doing that just allows me to deposit money from my work, it doesn't give me an option to enter the promo code
not true. you might want to go back and read a couple of pages to see how and where to put the promo code
there also posters adding screenshots
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Last edited by freebies4me2 December 3, 2020 at 09:46 AM.
Joined Jan 2020
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WisePartner167
12-03-2020 at 09:49 AM.
12-03-2020 at 09:49 AM.
Quote from freebies4me2 View quoted comment :
not true. you might want to go back and read a couple of pages to see how and where to put the promo code
there also posters adding screenshots
My work wouldn't have a promo code bar for changing my allotments to another checking account. So I can change allotments and that's it, there's no way to connect the two with the app.
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Joined Sep 2014
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SuplexCity
12-03-2020 at 09:52 AM.
12-03-2020 at 09:52 AM.
Looking at comments on DoC and reddit

It seems like the proper coding of Direct Deposit is something like this

Transaction Type: Electronic transfer
Appears on statement as: Deposit from Company name PAYROLL
Memo
PAYROLL

A lot of people of DoC commenting that Memo: P2P and Memo: Ext Trnsfr might not work

Ah well, It was hard to change my DD anyway.
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Joined Mar 2009
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> bubble2 6,657 Posts
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freebies4me2
12-03-2020 at 09:56 AM.
12-03-2020 at 09:56 AM.
Quote from WisePartner167 View quoted comment :
My work wouldn't have a promo code bar for changing my allotments to another checking account. So I can change allotments and that's it, there's no way to connect the two with the app.
Exactly! you and everyone else can't add the promo code that way
open an account and do the transfer ( in my case $5) from your bank and add the promo code. (see some posters from previous pages that posted screenshots).
Once the account is open... you will get an account number and a routing number.
Then that's when you do your direct deposit.
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Last edited by freebies4me2 December 3, 2020 at 09:58 AM.
Joined Sep 2007
Don't PM me,SD blocked me
> bubble2 817 Posts
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hunnii
12-03-2020 at 10:06 AM.
12-03-2020 at 10:06 AM.
Quote from SuplexCity View quoted comment :
Looking at comments on DoC and reddit

It seems like the proper coding of Direct Deposit is something like this

Transaction Type: Electronic transfer
Appears on statement as: Deposit from Company name PAYROLL
Memo
PAYROLL

A lot of people of DoC commenting that Memo: P2P and Memo: Ext Trnsfr might not work

Ah well, It was hard to change my DD anyway.
Gosh, that is just the NAME. They can use anything as the name and put anything in the memo. How many times do I have to explain. I try to educate others based on real technical details and knowledge, and people think I'm spewing garbage. I'm quitting helping SDers from this point on.
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SuplexCity
12-03-2020 at 10:09 AM.
12-03-2020 at 10:09 AM.
Quote from hunnii View quoted comment :
Gosh, that is just the NAME. They can use anything as the name and put anything in the memo. How many times do I have to explain. I try to educate others based on real technical details and knowledge, and people think I'm spewing garbage. I'm quitting helping SDers from this point on.
I am not saying that other "Memos" dont mean anything, I am just saying that "Direct Deposit" codes as "Payroll", thats it. Others have pointed out that "Brokerage" account codes as something else.

You may very well still get a bonus, or you may not, but if you didnt do an actual DD, you might not have an argument to put to the CS.

EDIT: DD is also coming up as Electronic Transfer but this is what people at DoC are pointing out, that some codes might not work, read the comments there, from the last $300 bonus deal, some people DID NOT get the bonus with some ACH transfers.
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Last edited by SuplexCity December 3, 2020 at 10:11 AM.

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08CivicSi
12-03-2020 at 10:09 AM.
12-03-2020 at 10:09 AM.
Quote from someoneslick View quoted comment :
Why do people keep saying it's not worth it because it's taxable? lol. So possibly having to pay 10-20% of it means it's not worth it? Makes no sense. lol.
people arent very smart LMAO
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