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Capital One: Open a 360 Checking Account, Receive 2+ Direct Deposits $250+ Each Expired

$250 Bonus
(New Checking Account Holders)
+65 Deal Score
67,987 Views
Capital One Offers New 360 Checking Account Holders: $250 Bonus when you Open a 360 Checking Account by June 21, 2022, apply promo code BONUS250 and Receive 2 Direct Deposits of $250 each or more within 75 days of account opening.

Thanks to Community Member Undisclosed for finding this deal.

Original Post

Written by
Edited May 12, 2022 at 12:20 PM by
Capital One has a $250 bonus if you open a 360 checking account and use the code BONUS250 by June 21, 2022 and have at least two $250 direct deposits within 75 days of account opening.
https://www.capitalone.com/bank/bonus250/

This is not a bad offer if you really need to open a 360 checking account, however, for me, I await the return of the BONUS400 deal which we saw early last year.

-------------------------

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.

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, 2019, 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.

Here's the full scoop on how to earn your $250 bonus:
Open a 360 Checking account between 12:00 a.m. ET on April 18, 2022, and 11:59 p.m. ET on June 21, 2022. When you open your account, ensure you enter in promotional code BONUS250 in the Promo Code box.

Set up and receive at least 2 direct deposits each of $250 or more to your 360 Checking account within 75 days of account opening. A qualifying direct deposit is a regular periodic payment, such as salary, pension, government payments (for example, Social Security), or other monthly income that occurs as an Automated Clearing House (ACH) or Real-Time Payment network credit from your employer or an outside institution. ACH credits or fund transfers initiated via the Capital One website or mobile app and wires are not considered a direct deposit.

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. The amount of your bonus will be reported on IRS form 1099-INT to the IRS (and your state revenue authority, if required).

Refer to the website of the estimate of when you will get the bonus.
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Deal
Score
+65
67,987 Views
$250 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.

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Featured Comments

Care to elaborate? I have an account with them and I have been very satisfied, the app is snappy intuitive and clearing happens almost overnight. No complaints here with the checking account . I have never had to reach out to customer service for anything
I disagree. Only thing I would ask for is more branches or atms where I can make a deposit.
According to Doctorofcredit.com (not sure if out of date, so take it with a grain of salt)
The following count as a direct deposit:
Alliant (1), 2 , 3 (didn't work)
ACH (1)
Ally: 1, 2,
Ameritrade: 1,
Charles Schwab: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 , 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42,
Chase: 1, 2, 3,
Clearview: 1
Discover: 1
Cash back redemption: 1 (didn't work)
Savings: 1, 2,
e trade: 1, 2,
Fidelity: 1 (CMA), 2, 3, 4, 5, 6, 7 (CMA), 8, 9, 10, 11, 12, 13, 14,
Fifth Third: 1, 2,
First Tennessee: 1
Goldman Sachs: 1, 2, 3, 4
ING Direct/Capital One 360 (1)
PNC: 1, 2, (maybe didn't work?)
PenFed: 1,
Robinhood: 1,
TD Ameritrade: 1, 2
U.S. Bank: 1,
Wells Fargo: 1, 2
Vanguard: 1, 2, 3, 4, 5, 6, 7
The following didn't work:
Ally: 1
Chase: 1
Discover: 1, 2, 3,
Elements: 1
Santander: 1
Stripe: 1
TIAA Direct: 1
Wells Fargo: 1
USAA: 1, 2, 3

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Joined Aug 2020
L5: Journeyman
> bubble2 999 Posts
Nautian
04-26-2022 at 05:33 PM.
04-26-2022 at 05:33 PM.
I got $400 for opening this account a year ago, I transferred money from 360 account to Robonhood, waited a few days then transferred it back for the direct deposit.
Reply
Joined Jan 2015
SD User
> bubble2 2,608 Posts
1,361 Reputation
fivenue
04-28-2022 at 10:56 PM.
04-28-2022 at 10:56 PM.
if any financial institution that competes very hard with wells fargo in the area of screwing consumers, this is it, capital one.

good luck to anyone dealing with this.
more power to you
2
Reply
Joined Oct 2011
L2: Beginner
> bubble2 69 Posts
26 Reputation
theballoon
05-11-2022 at 01:16 AM.
05-11-2022 at 01:16 AM.
only paychecks going in count as direct deposit? or can i just move some money around through robinhood?
Reply
Joined Aug 2014
L7: Teacher
> bubble2 2,295 Posts
139 Reputation
sorbitol
05-11-2022 at 01:49 AM.
05-11-2022 at 01:49 AM.
Quote from Nautian :
I got $400 for opening this account a year ago, I transferred money from 360 account to Robonhood, waited a few days then transferred it back for the direct deposit.
Any advice on how to do this? Comment above me also has the same question.
Thanks
Reply
Joined May 2021
L3: Novice
> bubble2 780 Posts
107 Reputation
ImagineNoReligion
05-11-2022 at 01:18 PM.
05-11-2022 at 01:18 PM.
FYI checks are free for 360 Checking.
Reply

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Joined Nov 2011
L4: Apprentice
> bubble2 363 Posts
58 Reputation
wwarsin
05-11-2022 at 01:29 PM.
05-11-2022 at 01:29 PM.
I've been with Capital One ever since they bought ING. I was originally an ING customer. I've never had an issue with Capital One. I think they're a bit predatory with credit card offers though.

Any time I need cash, isn't that often anymore, there's free ATMs scattered all over. Almost every 7 eleven has one.

Check deposits can be done with a mobile phone.

I don't know if they still do but you used to be able to use the web interface to have them mail a check for you, for free.
1
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Joined Dec 2006
MagniCowpie
> bubble2 2,613 Posts
609 Reputation
Prologik
05-11-2022 at 01:31 PM.
05-11-2022 at 01:31 PM.
Quote from Nautian :
I got $400 for opening this account a year ago, I transferred money from 360 account to Robonhood, waited a few days then transferred it back for the direct deposit.
I took their $400, transferred it to Amazon on prime day and got $533 in xbox gift cards, transferred it MS and got a free XSX with the help of an auto clicker on launch day. Seems like a long time ago. Good times.
3
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Joined Mar 2005
L6: Expert
> bubble2 1,081 Posts
336 Reputation
Nack
05-11-2022 at 01:51 PM.
05-11-2022 at 01:51 PM.
Got $400 when this was offered last time. A family member was not as lucky and got nothing after complying with all of the terms. It came down to whether or not you made an initial deposit or not, which is apparently what made the system recognize and correctly apply the promo code, although this was stated to not be required in the offer. So the account that started with $10, applied the code on the $10 deposit screen, and then complied with the terms got $400. The account that applied the code on the $0 initial deposit screen, then complied with all of the terms, got nothing. I'm going to call this one YMMV. And as stated elsewhere, they DO 1099-INT you for this, if you get it.

So make SOME initial deposit, regardless of what it says about it being ok to do this later (it's not), and enter and click the button to apply the code on the deposit screen, where you initially deposit some amount to open the account, then comply with the rest of the terms. This is the way, unless they have changed something.
Reply
Last edited by Nack May 11, 2022 at 01:59 PM.
Joined Aug 2006
L7: Teacher
> bubble2 2,491 Posts
122 Reputation
truelies
05-11-2022 at 02:34 PM.
05-11-2022 at 02:34 PM.
Quote from crazykole5 :
According to Doctorofcredit.com (not sure if out of date, so take it with a grain of salt)
The following count as a direct deposit:
Alliant (1), 2 , 3 (didn't work)
ACH (1)
Ally: 1, 2,
Ameritrade: 1,
Charles Schwab: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 , 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42,
Chase: 1, 2, 3,
Clearview: 1
Discover: 1
Cash back redemption: 1 (didn't work)
Savings: 1, 2,
e trade: 1, 2,
Fidelity: 1 (CMA), 2, 3, 4, 5, 6, 7 (CMA), 8, 9, 10, 11, 12, 13, 14,
Fifth Third: 1, 2,
First Tennessee: 1
Goldman Sachs: 1, 2, 3, 4
ING Direct/Capital One 360 (1)
PNC: 1, 2, (maybe didn't work?)
PenFed: 1,
Robinhood: 1,
TD Ameritrade: 1, 2
U.S. Bank: 1,
Wells Fargo: 1, 2
Vanguard: 1, 2, 3, 4, 5, 6, 7
The following didn't work:
Ally: 1
Chase: 1
Discover: 1, 2, 3,
Elements: 1
Santander: 1
Stripe: 1
TIAA Direct: 1
Wells Fargo: 1
USAA: 1, 2, 3
What does 1,2,3...mean?
Reply
Joined May 2015
L7: Teacher
> bubble2 2,211 Posts
1,054 Reputation
mischlep
05-11-2022 at 03:19 PM.
05-11-2022 at 03:19 PM.
Quote from truelies :
What does 1,2,3...mean?
They're links in an original post on Doctor Of Credit. Search for: List Of Methods Banks Count As Direct Deposits
Reply
Joined Sep 2011
L4: Apprentice
> bubble2 413 Posts
180 Reputation
GreatG
05-11-2022 at 05:00 PM.
05-11-2022 at 05:00 PM.
Do Capital One run hard pull on credit report for new checking account?
Reply
Joined Aug 2008
L2: Beginner
> bubble2 52 Posts
26 Reputation
echelone
05-11-2022 at 05:31 PM.
05-11-2022 at 05:31 PM.
Can you combine this with the $450 to open the saving account?
Reply
Joined Mar 2010
L7: Teacher
> bubble2 2,224 Posts
176 Reputation
NoGagReflex
05-11-2022 at 06:11 PM.
05-11-2022 at 06:11 PM.
Quote from joelf15 :
Care to elaborate? I have an account with them and I have been very satisfied, the app is snappy intuitive and clearing happens almost overnight. No complaints here with the checking account . I have never had to reach out to customer service for anything

I agree. I opened an account with them late last year and so far so good. They even tripled my available credit in less than 6 months. Best cc I've had so far.
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Joined Mar 2010
L7: Teacher
> bubble2 2,224 Posts
176 Reputation
NoGagReflex
05-11-2022 at 06:21 PM.
05-11-2022 at 06:21 PM.
Quote from Nautian :
I got $400 for opening this account a year ago, I transferred money from 360 account to Robonhood, waited a few days then transferred it back for the direct deposit.

That worked?
Reply
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