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.
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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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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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Transfer $X into 360 Checking from my other checking, wait some days for it to clear. Transfer $X to Robinhood, wait for it to clear, and give it a week or two. Transfer back $X/2 and $X/2 separately into 360 (maybe give it some time after each transfer).
They do respond to inquiries, but of course that is pointless if they can't fix the problems in a timely manner. As a bank they are OK and you can write off the occasional problem as glitches that in the end have only minor impacts, but to claim they somehow lead the industry is just not reflective of reality imo. A number of the online banks do a much better job with the apps\websites. TD Bank beats them with customer service and efficiency imo though even they have some issues in my experience. Of course if all you are going to do is compare them to big commercial banks like BOA and Wells Fargo, yeah then they are great as those commercial banks are customer hostile imo.
Whats your opinion about Citi?
Their customer service is impeccable - they get things done. If you are not getting things done with them that means you are not formulating questions well - I am sorry.
Their website (past login) is well-organized, yet minimalistic. One of the best portals of any bank (chase is catching up though). The app is great. The savings rate is competitive in the current environment (hopefully will go up soon too given rate hikes). Their transparency is great and no question goes unanswered (unless client abandons that question).
I only had great experiences with this bank.
Dont know if all of that is true, but purely judging based on this offer being discussed in this thread, i dont think they have a stellar digital experience. I had a quick look at the offer link that OP has given and it's not even clear what meets the requirements to get the offer. That is evident in the repeated questions being asked by confused users in this thread. If the onboarding is so painstaking, i can easily assume what comes next
Actually, Capital One has taken my banking experience from garbage to easy and convenient. The app is great, never a hiccup. No minimum balance like WF or Chase. Brought banking to the 21st century.
What I like most is that I dont have to get cash from their bank ATMs in increments of $20. If I want $77 that is what I get.
In my limited dealings with them, they are decent for service and their website is OK. Never had an issue with them, but like I said, never did much business with them either.
Their rates are a little better than the other commercial banks (not saying much as it is hard to be worse than 0 lol), but not as good as Cap One or the online banks. They had\have a bonus offer that is decent if you have the cash around. Just make sure you follow all the rules\terms like any other bank offer.
As B&M banks go, TD and Cap One are probably the best major players imo. TD just offers garbage rates across the board, but you can just transfer money in and out electronically as needed. Their CS and convenience are top notch in my experience.
Cap one is fine CS-wise, but their systems leave a lot to be desired imo. Had a number of foul ups, particularly with business accounts that while not horrific, should just never happen in bank computer systems in this day and age imo and their systems people just are clueless at resolving much of anything quickly. Which is why I laugh at the idea that they are somehow state of the art lol and offer something that you can't get from just about every other online bank.
Worked for me
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2 credit cards and opened one of these for the bonus, you get your direct deposit on Thursday, literally never had any issues with either credit cards or the checking
Curious about this as well
I had signed up for their 400 checkin bonus BUT they made me run around from claiming I did not apply the bonus, bla bla. Luckily, I took a screenshot or else I dont think I would have got the bonus
https://www.capitalone.
Is it a free service?
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