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Capital One Savings: 3.40% APY + Up to $1000 Bonus with Up to $100K Deposit

+28 Deal Score
88,562 Views
Capital One 360 PERFORMANCE SAVINGS
Earn up to a $1,000 bonus. Open with promo code SPRING23 by 5/10/2023.

Here's the full scoop on how to earn your bonus:
  1. Open a 360 Performance Savings account between 12:00 a.m. ET on March 22, 2023, and 11:59 p.m. ET on May 10, 2023. When you open your account, ensure the promo code SPRING23 is entered in the Promo Code box.
  2. Deposit a total of $10,000 or more of new money within the first 15 days of account opening. You will earn a bonus once you've maintained the Deposit Amount of $10,000 or more for 90 days. The amount of your bonus will be determined as follows:
    • $100 bonus – The new money deposited from an external bank during the Initial Funding Period was between $10,000-$49,999.99, and you maintained that Deposit Amount for 90 days following the Initial Funding Period.
    • $500 bonus – The new money deposited from an external bank during the Initial Funding Period was between $50,000-$99,999.99, and you maintained that Deposit Amount for 90 days following the Initial Funding Period.
    • $1,000 bonus – The new money deposited from an external bank during the Initial Funding Period was more than $100,000, and you maintained that Deposit Amount for 90 days following the Initial Funding Period.
  3. Capital One will deposit the bonus into your account within 60 days after you have completed all the requirements above, including fulfilling the 90-day holding period.

Editor's notes text: Compare this rate to other savings accounts.

https://www.capitalone.com/bank/spring23/
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Deal
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+28
88,562 Views
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.

104 Comments

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Joined May 2006
Skywalker
> bubble2 161 Posts
52 Reputation
dr164
03-28-2023 at 03:15 PM.
03-28-2023 at 03:15 PM.
Quote from TheFlyingWonTon :
Can a spouse also apply for the same bonus?
Yes, as long as they are not a joint account holder on your Capital One account.

If you have or had an open 360 Performance Savings, 360 Savings, 360 Money Market, Savings Now or Confidence Savings account as a primary or secondary account holder with Capital One on or after January 1, 2020, 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.
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Joined Apr 2016
L3: Novice
> bubble2 185 Posts
26 Reputation
timur38
03-29-2023 at 11:44 AM.
03-29-2023 at 11:44 AM.
Quote from alfasub :
How can one make an external transfer of 100k to CO within 15 days? Is this business days? One must first establish the linked bank with the checked cents deposits, that can take more than one week...Then there are transfer limits per day...Anyone managed to make the transfer within 15 days to receive the bonus? How?

Yeap, it took for me 3 days to link another bank checking account and still over a week to clear transfer.
Reply
Last edited by timur38 March 29, 2023 at 12:47 PM.
Joined Mar 2023
New User
> bubble2 2 Posts
10 Reputation
MerryMountain488
03-29-2023 at 12:26 PM.
03-29-2023 at 12:26 PM.
So I'm guessing this promo it won't work if I transfer from capital one business checking to this 360 savings account huh? It's not an external money ?
Reply
Joined Mar 2023
New User
> bubble2 2 Posts
10 Reputation
MerryMountain488
03-30-2023 at 03:09 PM.
03-30-2023 at 03:09 PM.
Quote from pur :
I think they want new money
Thanks
Reply
Joined Apr 2013
L5: Journeyman
> bubble2 541 Posts
451 Reputation
thao13
03-30-2023 at 08:51 PM.
03-30-2023 at 08:51 PM.
Quote from JollyReward108 :
You missed the Navy Fed. credit union 15 month cd @ 5.12%.
Is this deal expired? I don't see it on Navy Fed. website.
Reply
Joined Dec 2006
L5: Journeyman
> bubble2 678 Posts
197 Reputation
outback_97
04-05-2023 at 07:12 AM.
04-05-2023 at 07:12 AM.
APY is now 3.5%
Reply
Joined Feb 2013
L3: Novice
> bubble2 476 Posts
14 Reputation
Slammed01
04-08-2023 at 08:45 PM.
04-08-2023 at 08:45 PM.
Prob move some $ from discover to C one. Also can use their checking/debit for my T-Mobile bill to keep discount of autopay.
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Joined Nov 2009
L2: Beginner
> bubble2 392 Posts
416 Reputation
dangerousbri
04-08-2023 at 09:47 PM.
04-08-2023 at 09:47 PM.
Quote from alfasub :
How can one make an external transfer of 100k to CO within 15 days? Is this business days? One must first establish the linked bank with the checked cents deposits, that can take more than one week...Then there are transfer limits per day...Anyone managed to make the transfer within 15 days to receive the bonus? How?
I did this "deal" in December. Took along time to open the account. Had to get on the phone talk to someone answer questions. Blah blah blah. Then had to do it again to transfer the money in. Needless to say it was not finished within 15 days. I got the bonus somewhere around the 90 day mark, before I was wondering where it was and if I was going to have to call and argue. The bonus was the easiest part of opening the account.
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Joined Jun 2004
L5: Journeyman
> bubble2 761 Posts
121 Reputation
gotkwah
04-19-2023 at 11:03 AM.
04-19-2023 at 11:03 AM.
FWIW - I already had a C1 credit card, so it was able to pull most of my info once i logged in. Took less than 3 minutes to open the account.

Also, it already shows the bank account that I use to pay my cc as a linked account so I don't need to wait to link that account.
Reply
Joined Dec 2007
L6: Expert
> bubble2 1,707 Posts
1,239 Reputation
phewry
04-21-2023 at 05:56 PM.
04-21-2023 at 05:56 PM.
New funds. I believe that means it cannot be from a capital one checking accounts has to come from an external account.
Reply
Joined Oct 2017
New User
> bubble2 3 Posts
10 Reputation
ntnguyen89
04-27-2023 at 12:13 PM.
04-27-2023 at 12:13 PM.
Quote from crazeedave :
New funds. I believe that means it cannot be from a capital one checking accounts has to come from an external account.
What if you move funds from capital one to an external account and then transfer those same funds fr external account into the new savings account?
Reply
Joined Nov 2010
HA
> bubble2 873 Posts
256 Reputation
luniz97
04-27-2023 at 12:19 PM.
04-27-2023 at 12:19 PM.
vrmxx for 4.79% no commitment at vanguard
Reply
Joined Nov 2020
New User
> bubble2 4 Posts
10 Reputation
LovelyLaborer521
08-18-2023 at 03:00 PM.
08-18-2023 at 03:00 PM.
I was not paid a bonus due to the fact that at first I withdrew money from another bank to a checking account in Capital One and then immediately transferred it to Savings. They considered this money old. Liars, I won't do business with them again.
Reply
Joined Aug 2005
== DesiHokie ==
> bubble2 145 Posts
47 Reputation
desidealmaster
08-18-2023 at 05:03 PM.
08-18-2023 at 05:03 PM.
I opened the account on May 9th with the bonus code and funded it right away, just called today (Aug 18th) to see what's going on with the bonus and was informed that it'll be after Aug 22nd and before Nov 22nd. But basically the holding period ends on Aug 22nd for bonus eligibility and I can do whatever I want with that money, and bonus will still be applied. Just FYI
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Joined Aug 2011
L6: Expert
> bubble2 1,270 Posts
509 Reputation
TWG2012
08-26-2023 at 01:55 AM.
08-26-2023 at 01:55 AM.
Opened new acct May 1st,

Deposit cleared may 3rd

15 day holding period + 90 days ended Aug 18th(or 19th)

Bonus posted Aug 23

Thanks again OP for the post, moving to marcus where i get 5.30 APY for 3 months.
Reply
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