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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
689,246 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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689,246 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 Jan 2017
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> bubble2 6 Posts
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mrtoot01
12-29-2020 at 08:26 AM.
12-29-2020 at 08:26 AM.
I didn't see it anywhere in the fine print while signing myself up, but has anyone had success having their spouse also sign up for a separate account to get the bonus (following DD instructions of course)? One step further, could I set one up for each of my kids?
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Joined Dec 2012
L2: Beginner
> bubble2 29 Posts
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MinhN4008
12-29-2020 at 11:31 AM.
12-29-2020 at 11:31 AM.
Damn didn't read the fine print, not for current account holders since Jan 1, 2018.

"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."
Reply
Joined Aug 2011
L4: Apprentice
> bubble2 462 Posts
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SonataFan
12-29-2020 at 10:42 PM.
12-29-2020 at 10:42 PM.
Can anyone please confirm if PayPal counts as ACH withdrawal?
How about Venmo?
1
1
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Joined Jun 2019
L2: Beginner
> bubble2 2,215 Posts
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Fanime
12-29-2020 at 11:02 PM.
12-29-2020 at 11:02 PM.
Quote from SonataFan View quoted comment :
Can anyone please confirm if PayPal counts as ACH withdrawal?
How about Venmo?
No...
Reply
Joined Aug 2011
L4: Apprentice
> bubble2 462 Posts
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SonataFan
12-29-2020 at 11:21 PM.
12-29-2020 at 11:21 PM.
Is there a list of qualifying ACH?
2
Reply
Joined Dec 2006
L6: Expert
> bubble2 1,829 Posts
406 Reputation
Pro
sychan
12-30-2020 at 12:03 PM.
12-30-2020 at 12:03 PM.
Quote from SonataFan View quoted comment :
Is there a list of qualifying ACH?
No need - just direct deposit from employer and SS. Everything else is just a guess at this point.
Reply
Joined Apr 2020
L6: Expert
> bubble2 1,451 Posts
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indelible
12-30-2020 at 12:45 PM.
12-30-2020 at 12:45 PM.
Quote from SonataFan View quoted comment :
Is there a list of qualifying ACH?

Read the thread
Reply

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Joined Mar 2009
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> bubble2 79 Posts
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jw530
12-30-2020 at 02:55 PM.
12-30-2020 at 02:55 PM.
I set up a Cap One checking account with my daughter using the link today without too many problems, but I couldn't help noticing that they ask for the account and routing number for an institution to initially fund the account. I am wondering if folks have made the mistake of making their 2 ACH transfers totaling $1000 as an ACH pull from their Cap One checking account.

My theory is it may make a big difference if it is a ACH pull from Cap One from another institution or an ACH push from another institution into Cap One in order to qualify for the $400 offer. I think it needs to be the latter. This requires setting up the Cap One checking account as an external account from another institution and pushing funds into Cap One.

When talking to the customer service rep he said, like many others, it doesn't matter what institution or if it is an employer (my daughter is a student and unemployed) it just needs to be an external account. I don't know if this will help the 1000 post discussion at all.
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Joined Dec 2011
L2: Beginner
> bubble2 57 Posts
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weepwomp
12-30-2020 at 02:57 PM.
12-30-2020 at 02:57 PM.
So I've had a few direct deposits hit from my employer. Do I need leave 1000 in the account to still get the bonus?
Reply
Joined Aug 2012
L7: Teacher
> bubble2 2,251 Posts
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SeventiesVet
12-30-2020 at 03:01 PM.
12-30-2020 at 03:01 PM.
Quote from weepwomp View quoted comment :
So I've had a few direct deposits hit from my employer. Do I need leave 1000 in the account to still get the bonus?
The rules don't say you have to, but to be safe I'd leave it there until bonus is credited if possible.
Reply
Joined Dec 2011
L2: Beginner
> bubble2 57 Posts
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weepwomp
12-30-2020 at 03:05 PM.
12-30-2020 at 03:05 PM.
Quote from Advent1967 View quoted comment :
The rules don't say you have to, but to be safe I'd leave it there until bonus is credited if possible.
That's where I was at with it as well. Thanks for the input!
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Joined Aug 2006
L2: Beginner
> bubble2 749 Posts
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jeffkhlam
12-30-2020 at 05:05 PM.
12-30-2020 at 05:05 PM.
How do we transfer money out freely from this checking account? I don't wanna order another set of checks just to do that.
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Joined Dec 2003
L7: Teacher
> bubble2 2,154 Posts
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DealGuy
12-30-2020 at 06:03 PM.
12-30-2020 at 06:03 PM.
During the account opening process, I entered the promo code on the screen where external account linking option was there to fund the initial deposit. I entered the code and also selected the option to skip this process and fund later....because I wanted to fund directly via DD.

I assume it would have still accepted and applied the promo...

How can I confirm if the promo was applied fine?
Reply
Joined Nov 2008
L7: Teacher
> bubble2 2,032 Posts
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gt5oh
12-30-2020 at 10:09 PM.
12-30-2020 at 10:09 PM.
Quote from jeffkhlam View quoted comment :
How do we transfer money out freely from this checking account? I don't wanna order another set of checks just to do that.
Link up your other bank accounts via External transfer.

Account Services & Settings -> Manage External Accounts
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Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
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rios7
12-31-2020 at 12:06 AM.
12-31-2020 at 12:06 AM.
Quote from SonataFan View quoted comment :
Is there a list of qualifying ACH?
Any ach that isn't a bank
Reply
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