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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
689,617 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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Score
+810
689,617 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 Oct 2015
Level 7 Susceptible
> bubble2 1,733 Posts
1,396 Reputation
egorre
12-08-2020 at 02:15 AM.
12-08-2020 at 02:15 AM.
Quote from Nytron View quoted comment :
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...?

Yeah that wasn't the rule before. I wasted my time transferring only to put it back on my original bank.
1
Reply
Joined Dec 2007
ALBERTSVOICE TECH
> bubble2 2,754 Posts
471 Reputation
tipstir
12-08-2020 at 02:43 AM.
12-08-2020 at 02:43 AM.
Says if you open up an alley account online and then you can transfer the money and then be considered a drug deposit into the capital one account but it's funny how it won't work with the major Banks see too much stipulations with capital and I'm with capital one for other things but not for that with online banking
Reply
Joined Dec 2007
ALBERTSVOICE TECH
> bubble2 2,754 Posts
471 Reputation
tipstir
12-08-2020 at 02:45 AM.
12-08-2020 at 02:45 AM.
Dr credit I guess somebody has a report on direct deposits with capital one to show you which system works which system do so it's it's Dr credit d o c t o r credit I'm not putting the address in cuz I'm not going to be held reliable but if you look it up you can see which banks accept direct deposits from from which other Banks or which are the systems are lending systems.

I had the money to put it in there but my bank is a major Bank player and I can't see transfer the money from that bank of sending it in there wouldn't be considered direct deposit it makes no sense but they said PayPal business card business accounts would be considered direct deposits.

Well unless you did work for Uber Eats doordash Postmates GrubHub and you worked the week and you made $1,000 that would be considered a direct deposit but basically you're running a business.
Reply
Joined Jan 2019
L2: Beginner
> bubble2 40 Posts
34 Reputation
Rohit7522
12-08-2020 at 06:02 AM.
12-08-2020 at 06:02 AM.
anyone actually get the bonus? I had my paycheck hit but its showing up as a transfer.
Reply
Joined Jun 2010
Ruler of the Universe
> bubble2 687 Posts
112 Reputation
thetrillest
12-08-2020 at 09:09 AM.
12-08-2020 at 09:09 AM.
Whoever used Robinhood: Did it show as "Transfer" on your Capital One account? That's what my 2 withdrawals are showing as
Reply
Joined Mar 2020
L2: Beginner
> bubble2 47 Posts
Mongooste
12-08-2020 at 09:11 AM.
12-08-2020 at 09:11 AM.
as well cash app out to capital one shows as transfer (worked for Wells Fargo as direct deposit). PayPal won't work as well tho. any thoughts how to make that 1k dd?
Reply
Joined Sep 2016
L5: Journeyman
> bubble2 656 Posts
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Slickdealer785
12-09-2020 at 01:53 AM.
12-09-2020 at 01:53 AM.
Money needs to be deposited within 60 days , right ? We need to have a consensus on what's is a qualifying direct deposit if not from the employer .. everyone's help is appreciated
Reply

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Joined Nov 2006
L10: Grand Master
> bubble2 13,131 Posts
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poohbie
12-09-2020 at 01:59 AM.
12-09-2020 at 01:59 AM.
Quote from Slickdealer785 View quoted comment :
Money needs to be deposited within 60 days , right ? We need to have a consensus on what's is a qualifying direct deposit if not from the employer .. everyone's help is appreciated
You're going to get another 80 pages of people asking if so-and-so transfer is going to work, what the Memo field on their transfer says, etc. before the bonus actually starts coming in. And the reason it goes on and on is there was another 80 pages before it, and nobody's going to bother reading any of it before posting because 95% of it is useless crap. Nobody can answer anything definitive besides saying that the terms allow pretty much any ACH. And there's a 3 year old thread on DoC posted early on regarding what worked and didn't work in the past.

If you want to play it safe, do payroll or one of the banks reported to work in the past DoC thread. Otherwise, no one else is going to be able to tell you definitively whether your transfer from Bank A or Bank B counts automatically for the bonus.
Reply
Joined Sep 2016
L5: Journeyman
> bubble2 656 Posts
54 Reputation
Slickdealer785
12-09-2020 at 02:17 AM.
12-09-2020 at 02:17 AM.
Quote from poohbie View quoted comment :
You're going to get another 80 pages of people asking if so-and-so transfer is going to work, what the Memo field on their transfer says, etc. before the bonus actually starts coming in. And the reason it goes on and on is there was another 80 pages before it, and nobody's going to bother reading any of it before posting because 95% of it is useless crap. Nobody can answer anything definitive besides saying that the terms allow pretty much any ACH. And there's a 3 year old thread on DoC posted early on regarding what worked and didn't work in the past.

If you want to play it safe, do payroll or one of the banks reported to work in the past DoC thread. Otherwise, no one else is going to be able to tell you definitively whether your transfer from Bank A or Bank B counts automatically for the bonus.

Thanks .. been active on this thread since day 1 .. kind of become part time habit to go through all pages .. you are right .. to play it safe getting the account credit through payroll is the right option .. going ahead with that now unless something changes and we see new info pouring in
1
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Joined Dec 2006
L6: Expert
> bubble2 1,457 Posts
479 Reputation
GeorgeMcFly
12-09-2020 at 09:46 AM.
12-09-2020 at 09:46 AM.
I know it won't happen, but CapOne should really clarify some things. The biggest improvement would be, when you go to your account online, it should have some section or indicator that says something like "active/current promotion blah blah,, expires at 60 day Feb xx" then there should be a running total like:
- ACH deposit of $200
- transfer deposit of $500
- *checkmark* at least 2 deposits met
- "uncheckmark" "still need $300 worth of direct deposits to reach bonus goal

too bad their marketing dept can't get with their software mgmt and team to implement this stuff..

this would definitely reduce the calls.

I had called to make sure my BONUS400 was valid, they said it was.. but then I think the CSR gave me incorrect info. She was trying to state I needed at least 2 deposits of $1k each.. which I knew was incorrect. Too bad the CSR industry has such high turnover .. so they always have to train new employees on this stuff all the time (or not train haha).
Reply
Joined Apr 2011
L3: Novice
> bubble2 281 Posts
179 Reputation
dyn2nvu
12-09-2020 at 09:07 PM.
12-09-2020 at 09:07 PM.
Quote from Nytron View quoted comment :
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...?
Damn wish I saw this before I made a transfer to Robinhood. They said it's because of fraud security.
Reply
Joined Nov 2006
L10: Grand Master
> bubble2 13,131 Posts
1,065 Reputation
poohbie
12-09-2020 at 09:49 PM.
12-09-2020 at 09:49 PM.
Quote from GeorgeMcFly View quoted comment :
I know it won't happen, but CapOne should really clarify some things. The biggest improvement would be, when you go to your account online, it should have some section or indicator that says something like "active/current promotion blah blah,, expires at 60 day Feb xx" then there should be a running total like:
- ACH deposit of $200
- transfer deposit of $500
- *checkmark* at least 2 deposits met
- "uncheckmark" "still need $300 worth of direct deposits to reach bonus goal

too bad their marketing dept can't get with their software mgmt and team to implement this stuff..

this would definitely reduce the calls.

I had called to make sure my BONUS400 was valid, they said it was.. but then I think the CSR gave me incorrect info. She was trying to state I needed at least 2 deposits of $1k each.. which I knew was incorrect. Too bad the CSR industry has such high turnover .. so they always have to train new employees on this stuff all the time (or not train haha).
Yes, it's pointless to ask CSRs about promo. Most probably aren't even aware of it, and are checking it up and reading the terms while you're on hold. No different than reading it yourself.

Marcus has that kind of promotion progress indicator, very handy to confirm. I haven't seen that at any other bank that I've done a promo.
Reply
Joined Apr 2009
L3: Novice
> bubble2 220 Posts
119 Reputation
OGIGA
12-10-2020 at 12:14 AM.
12-10-2020 at 12:14 AM.
Quote from Slickdealer785 View quoted comment :
Money needs to be deposited within 60 days , right ? We need to have a consensus on what's is a qualifying direct deposit if not from the employer .. everyone's help is appreciated
There is absolutely no consensus here and we're all just hoping we'll get the bonus money.
Reply
Joined Aug 2004
...
> bubble2 10,040 Posts
5,242 Reputation
JaTaN
12-10-2020 at 07:00 AM.
12-10-2020 at 07:00 AM.
Family member opened account in mid Nov

Sent 2x pushes each from both WF personal checking and Schwab brokerage -- now to wait and see if it works for bonus

Posted as:
SCHWAB BROKERAGE
Transfer +$501.00
Transaction Type: Electronic transfer
Appears on statement as: Deposit from SCHWAB BROKERAGE MONEYLINK
Memo MONEYLINK

WELLS FARGO IFI
Transfer +$501.00
Transaction Type: Electronic transfer
Appears on statement as: Deposit from WELLS FARGO IFI DDA TO DDA
Memo DDA TO DDA
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Joined Feb 2015
L2: Beginner
> bubble2 783 Posts
465 Reputation
CndnMP
12-10-2020 at 12:13 PM.
12-10-2020 at 12:13 PM.
Quote from poohbie View quoted comment :
Yes, it's pointless to ask CSRs about promo. Most probably aren't even aware of it, and are checking it up and reading the terms while you're on hold. No different than reading it yourself.

Marcus has that kind of promotion progress indicator, very handy to confirm. I haven't seen that at any other bank that I've done a promo.
Chase does it too. Very clear cut to know if your bonus is valid.
Reply
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