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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
689,604 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

Original Post

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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
689,604 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 Dec 2018
Master of my Own Domain
> bubble2 2,457 Posts
402 Reputation
HonestMammoth473
12-04-2020 at 08:31 PM.
12-04-2020 at 08:31 PM.
Quote from NervousGoat199 View quoted comment :
I'd consider siphoning money from my work DD if it wasn't a pain in the ass with paperwork. It'd be great if it was as easy as changing the deposit account from an online dashboard.

I'd rather not interrupt it since I pay rent and utilities from that account. I'm sure that's the case for a bunch of ppl.
My wife's DD is a PITA also. She has to complete a paper form and for check 1, the DD goes into the original bank account. Check 2 is a paper check. Check 3 finally goes into the new bank account. When she switches it back, the process repeats. She gets paid every 2 weeks so the 2 DDs are barely going to make it within the 60 days.
Reply
Joined Sep 2006
L8: Grand Teacher
> bubble2 3,417 Posts
243 Reputation
iflabs
12-04-2020 at 09:48 PM.
12-04-2020 at 09:48 PM.
Quote from hunnii View quoted comment :
So it's a sketchy bank because they didn't send you an email so you can set up your online account? Yes, they could have done much better with the sign-up process, but Capital One 360 is one of the best fee-free checking accounts out there. No overdraft, no foreign transaction fees, no ATM fees. See their fees [capitalone.com] here.

I travel to foreign countries frequently, and the Capital One 360 debit card is a true life-saver. Your credit card is useless in many foreign countries especially for small purchases. Even buying a train ticket from a ticket machine in Europe proves impossible with my arsenal of US-based credit cards. But this card works anywhere credit or debit card is accepted in the world, without a fee. I've used it in the smallest deli in Brazil, the creepiest ATM in Indonesia, all without any issues. Find an ATM that has no fees in a foreign country, and withdraw local money in any amount completely fee-free at close to market rate and skip the currency changer. How awesome is that.
ikr, wish I had this advice while I was abroad. I blew $50 in withdrawal fees from Wells Fargo while in Japan and Thailand. And turns out the best exchange rate is the one your bank gives at the ATM; those currency exchange stands always pad their rates to make money.
Reply
Joined Sep 2006
L8: Grand Teacher
> bubble2 3,417 Posts
243 Reputation
iflabs
12-04-2020 at 09:54 PM.
12-04-2020 at 09:54 PM.
Quote from HonestMammoth473 View quoted comment :
My wife's DD is a PITA also. She has to complete a paper form and for check 1, the DD goes into the original bank account. Check 2 is a paper check. Check 3 finally goes into the new bank account. When she switches it back, the process repeats. She gets paid every 2 weeks so the 2 DDs are barely going to make it within the 60 days.
R.I.P. Some of ya'll HR department is way behind in tech. I submitted DD bank info via our online employee portal and got it changed within 3 days.
1
1
Reply
Joined Dec 2019
L3: Novice
> bubble2 226 Posts
172 Reputation
Sockey01
12-05-2020 at 06:31 AM.
12-05-2020 at 06:31 AM.
Quote from hunnii View quoted comment :
So it's a sketchy bank because they didn't send you an email so you can set up your online account? Yes, they could have done much better with the sign-up process, but Capital One 360 is one of the best fee-free checking accounts out there. No overdraft, no foreign transaction fees, no ATM fees. See their fees [capitalone.com] here.

I travel to foreign countries frequently, and the Capital One 360 debit card is a true life-saver. Your credit card is useless in many foreign countries especially for small purchases. Even buying a train ticket from a ticket machine in Europe proves impossible with my arsenal of US-based credit cards. But this card works anywhere credit or debit card is accepted in the world, without a fee. I've used it in the smallest deli in Brazil, the creepiest ATM in Indonesia, all without any issues. Find an ATM that has no fees in a foreign country, and withdraw local money in any amount completely fee-free at close to market rate and skip the currency changer. How awesome is that.

This is true. Capital one is the friendliest bank when comes to foreign transaction. I only use my Venture One master card when traveling abroad since last 10/15 years. No foreign transaction fees and decent conversion rates.

I just opened a checking with the promo and first 500$ was DD to my account this Friday from my payroll. Will update if/when the bonus is posted. Thanks.
Reply
Joined Jul 2018
L4: Apprentice
> bubble2 338 Posts
54 Reputation
NervousGoat199
12-05-2020 at 01:10 PM.
12-05-2020 at 01:10 PM.
Schwab is another bank that waives foreign transaction fees and atm withdrawals worldwide. I think they require a $200 minimum balance?

They have a $100 bonus with $1k deposit with a referral link. Not a bad option if you can't get this deal to work.
Reply
Joined Feb 2010
L3: Novice
> bubble2 292 Posts
57 Reputation
emp
12-05-2020 at 04:31 PM.
12-05-2020 at 04:31 PM.
Quote from iflabs View quoted comment :
R.I.P. Some of ya'll HR department is way behind in tech. I submitted DD bank info via our online employee portal and got it changed within 3 days.
You have to realize that done companies issue payroll checks in advance. My wife is a teacher and her paystubs are available to download a month in advance, while you might be able to change the direct deposit now it won't take effect until the next check which would be January 15th, which has nothing to do with how much tech the HR department has.

Lucky for me I run business as a side job and just changed my payroll DD in a matter of seconds, after 2 pay periods I'll change it to my wife's account, $800 has never been easier.
Reply
Joined Apr 2016
L5: Journeyman
> bubble2 706 Posts
150 Reputation
Ratchett
12-05-2020 at 05:08 PM.
12-05-2020 at 05:08 PM.
This is how my employer direct deposit showed up,


Memo
DIR DEP

I don't think anything that doesn't say DIR DEP would qualify.
1
Reply

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Joined Jun 2019
L2: Beginner
> bubble2 2,215 Posts
523 Reputation
Fanime
12-05-2020 at 05:10 PM.
12-05-2020 at 05:10 PM.
Quote from Ratchett View quoted comment :
This is how my employer direct deposit showed up,


Memo
DIR DEP

I don't think anything that doesn't say DIR DEP would qualify.
Memo doesn't matter.
Reply
Joined Apr 2018
L3: Novice
> bubble2 233 Posts
365 Reputation
dealsleek
12-05-2020 at 05:57 PM.
12-05-2020 at 05:57 PM.
Has anyone already done 2 DD and received the bonus? It says by March 2021.

I just completed two DD on Friday Dec 4th 2020.
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
12-05-2020 at 06:11 PM.
12-05-2020 at 06:11 PM.
Quote from dealsleek View quoted comment :
Has anyone already done 2 DD and received the bonus? It says by March 2021.

I just completed two DD on Friday Dec 4th 2020.
i wouldnt expect them to be tripping over themselves to give us money
Reply
Joined Nov 2006
L10: Grand Master
> bubble2 13,131 Posts
1,065 Reputation
poohbie
12-05-2020 at 06:13 PM.
12-05-2020 at 06:13 PM.
Quote from Hiphop2903 View quoted comment :
I too had bad experience with CapOne both direct banking and credit card. Recently they flagged my credit card for an online international transaction. No big deal. However, when I called them to resolve the issue, they said I need to upload my SSN card plus bunch of other docs and someone will reach out within 14 days. I was like wtf. I had transactions flagged for fraud and all issuers resolve it right away with a simple text response.
When I called them just to opt out of marketing, they wanted me to upload my Driver's License. Passed on that.
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
12-05-2020 at 06:16 PM.
12-05-2020 at 06:16 PM.
Quote from NervousGoat199 View quoted comment :
Schwab is another bank that waives foreign transaction fees and atm withdrawals worldwide. I think they require a $200 minimum balance?

They have a $100 bonus with $1k deposit with a referral link. Not a bad option if you can't get this deal to work.
schwab has no min balance
Reply
Joined Feb 2015
L1337: Deal Sniper
> bubble2 2,284 Posts
537 Reputation
Nytron
12-05-2020 at 06:16 PM.
12-05-2020 at 06:16 PM.
Robinhood no longer allowing the transferring of money from Bank A to Robinhood, and then from Robinhood to Bank B.

I was able to do exactly the above with $100 last week on Robinhood, now I can't do it with $900 (or any amount). They say it has been their rules all along. WTF?

So Charles Schwab brokerage account is the best option then or...?
1
Reply
Joined Nov 2008
L10: Grand Master
> bubble2 8,106 Posts
607 Reputation
dtmamg
12-05-2020 at 06:23 PM.
12-05-2020 at 06:23 PM.
Quote from dealsleek View quoted comment :
Has anyone already done 2 DD and received the bonus? It says by March 2021.

I just completed two DD on Friday Dec 4th 2020.
You need to wait till March.

Or, do what some others are doing, find another DD chking deal. Peace
Reply

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Joined Apr 2018
L1: Learner
> bubble2 21 Posts
10 Reputation
nelcgo
12-05-2020 at 07:13 PM.
12-05-2020 at 07:13 PM.
Can I close the account after I receive the bonus?
Reply
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