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Capital One 360 Performance Savings Account: Earn Up to 1K Bonus Funds w/ 3.5% APY Expired

Deposit 10K-100K+
(New Capital 360 Accounts)
+73 Deal Score
174,876 Views
Capital One is offering their Capital One 360 Performance Savings Account: Earn Up to $1,000 Bonus Funds w/ 3.5% APY w/ deposits ranging from $10,000 to $100,000 of external funds (within the 15-day Initial Funding Period Only) when you open a new account and fund the account and apply promo code SPRING23 to receive this promotional bonus offer or when you follow the instructions listed below

Thanks to community member henry333 for finding this deal

Note, offer valid for New Capital One 360 Performance Saving Account only. If you have or had an open 360 Performance Savings, 360 Savings, 360 Money Market, Savings Now or Confidence Savings account as a primary/secondary account holder with Capital One on or after January 1, 2020, you will be ineligible for this bonus offer.

Deal Instructions
  1. Open a new Capital One 360 Performance Savings Account w/ promo code SPRING23 by May 10, 2023
    • Note, offer does not extend to users that have open on or after January 1, 2020
  2. Deposit up to $100,000+ of external funds during the 15-day Initial Funding Period after opening your account
    • Bonus Funds
      • Deposit $10,000+ & Earn $100 Bonus Funds
      • Deposit $50,000+ & Earn $500 Bonus Funds
      • Deposit $100,000+ & Earn $1,000 Bonus Funds
    • This exclusive offer will grant you the bonus and a high yield savings rate of 3.50% (APY) Annual Percentage Yield
  3. Hold the deposit(s) in your account for 90-days after the 15-day Initial Funding Period ends
  4. Earn the bonus funds in your new account within 60-days after holding
    • Note, bonuses are considered interest and will be reported on IRS form 1099-INT

Original Post

Written by
Edited April 21, 2023 at 05:09 PM by
You're invited to earn an exclusive bonus and a high-yield savings rate: 3.50% APY. Act now.
Earn $100, $500 or $1,000 based on how much you deposit. Just open a 360 Performance Savings account, make a deposit within 15 days and hold your deposit for 90 days. Plus, you'll earn interest with one of the best savings rates in America.

https://www.capitalone.com/bank/spring23/

See the link for details. Minimum investment $10,000 for 15+90 days.
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+73
174,876 Views
Deposit 10K-100K+
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.

261 Comments

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Featured Comments

$10,000 gets you $100
$50,000 gets you $500
$100,000 gets you $1,000.
consider interest, after 90 days you got 1000+875, equivalent to 7.5% APY
From the fine print: 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 Mar 2017
L3: Novice
> bubble2 1,020 Posts
482 Reputation
sodaKING
04-22-2023 at 06:11 PM.
04-22-2023 at 06:11 PM.
Quote from mwd21 :
I'm letting people know my personal experience on why I would open up at another bank than CIT which is what the original person asked. Answering a person's question rather than stating "Way better banks than crappy Marcus by Goldman Sachs." Why is it crappy? What makes it terrible? What makes bank xyz better than Marcus?

In my answer to someone's questions, I provided reasons why Marcus is objectively better (higher APY, same day money transfers that accrue interest when done before 3pm EST, you can help friends and family get the higher APY than CIT or other banks mentioned, etc.)

Then a subjective view that yes, UI+UX is important to me and I feel that a clean app + website is a better overall experience on top of the other reasons already mentioned. I'm a software engineer and appreciate the cleaner experience on Marcus than CIT.

Another subjective thing is Marcus took my ~5m to have money accruing interest in my account vs CIT having technical difficulties during login. I'm not sure any other person's experience with CIT opening, but I had to call in for a technical problem faced and the only solution was to call per the error code on my application. So, sure, maybe not everyone's experience, but it happened to me and it did not happen to me with Marcus.

For the referral, as also stated, you only can do it 5x/year for the 15month bump. I don't care and already have that.. I was merely offering help in case my SD friend didn't have anyone already signed up and able to refer them so they can earn the 1% extra. Not "obviously trying to push" anything on anyone.

Was merely trying to help with answering "has anyone heard of them" by sharing my personal experience with CIT.
Pulling a Bill Belichick red flag from ankle! So you got 5 million in a Marcus account with with 4.75 million or 4.5 million unprotecte(depending on how you have account structured). Not very smart with what's happening these days. Either I misread your post or you need some financial education.
1
Reply
Joined Jan 2018
L3: Novice
> bubble2 163 Posts
10 Reputation
victornewyork
04-22-2023 at 06:40 PM.
04-22-2023 at 06:40 PM.
How I can transfer from bank of america to capital one free ? because I must to pay 25$ for each 25000 $ transfer !
1
Reply
Joined Dec 2016
L4: Apprentice
> bubble2 304 Posts
30 Reputation
anhdongtx
04-22-2023 at 08:05 PM.
04-22-2023 at 08:05 PM.
Quote from easybeart :
Who readily has $100k to drop in a savings account? This is just another handout to the rich.
100K is not rich

And you don't seem to understand the term handout
3
Reply
Joined Aug 2013
L2: Beginner
> bubble2 98 Posts
14 Reputation
datajack
04-22-2023 at 08:05 PM.
04-22-2023 at 08:05 PM.
Quote from aboothlsu :
Yeh this isn't true. I'm in this range of liquid cash and certainly ain't worth multi millions.

Ditto, some people don't understand the concept of say house sales or getting the estate from the death of a family member. 🤷 ♂️
1
Reply
Joined Dec 2006
L3: Novice
> bubble2 268 Posts
37 Reputation
jrtait
04-22-2023 at 08:47 PM.
04-22-2023 at 08:47 PM.
Quote from Ptkprk :
City is giving $1000 for $75k deposit 60 days.

EARN $200 DEPOSIT $10,000
EARN $500 DEPOSIT $30,000
EARN $1,000 DEPOSIT $75,000
EARN $1,500 DEPOSIT:$200,000
EARN $2,000 DEPOSIT:$300,000
I never got my $400 bonus for opening a savings account with Citi. Never again...
Reply
Joined Apr 2008
L10: Grand Master
> bubble2 9,972 Posts
4,699 Reputation
kovy
04-22-2023 at 08:54 PM.
04-22-2023 at 08:54 PM.
Did this on 10 different accounts. Easy 10k
4
Reply
Joined Jun 2019
L4: Apprentice
> bubble2 421 Posts
94 Reputation
CleverChicken951
04-22-2023 at 08:55 PM.
04-22-2023 at 08:55 PM.
Has anyone looked at money market fund with Fidelity (ticker SPAXX)?
It is being marketed at 4.88% APY on weekly basis.
I couldn't find much info from their documentation, if it's consistent, likely-going-forward?
Anyone know if it's better than savings account rate, use it as long they offer?
1
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Joined Jun 2019
L2: Beginner
> bubble2 2,121 Posts
467 Reputation
Fanime
04-22-2023 at 09:01 PM.
04-22-2023 at 09:01 PM.
Quote from CleverChicken951 :
Has anyone looked at money market fund with Fidelity (ticker SPAXX)?
It is being marketed at 4.88% APY on weekly basis.
I couldn't find much info from their documentation, if it's consistent, likely-going-forward?
Anyone know if it's better than savings account rate, use it as long they offer?
There's no issue putting your funds in money market funds as long as you're fine that it's not FDIC/SIPC insured.
Reply
Joined Jun 2019
L4: Apprentice
> bubble2 421 Posts
94 Reputation
CleverChicken951
04-22-2023 at 09:05 PM.
04-22-2023 at 09:05 PM.
Quote from Fanime :
There's no issue putting your funds in money market funds as long as you're fine that it's not FDIC/SIPC insured.

Question is also about, consistency of this APR?
Appears marketing strategy though
1
Reply
Joined Feb 2008
L5: Journeyman
> bubble2 697 Posts
72 Reputation
lev280
04-22-2023 at 10:03 PM.
04-22-2023 at 10:03 PM.
Quote from ThePistolShrimp :
I wish Cap 1 was more competitive with their APY.
CIT is 4.75%, that's a pretty big difference.
CapitalOne has physical banking locations in the DFW Region. Physical banking locations provide far more services than an online only bank. There is a cost associated with that. If your banking needs are met by an online-only bank, then CIT is a good option. For those who need additional services that require a physical location, CapitalOne is a great option since they are offering good rates on these accounts.
Reply
Joined Feb 2008
L5: Journeyman
> bubble2 697 Posts
72 Reputation
lev280
04-22-2023 at 10:08 PM.
04-22-2023 at 10:08 PM.
Quote from victornewyork :
How I can transfer from bank of america to capital one free ? because I must to pay 25$ for each 25000 $ transfer !
Instead of 'pushing' money out of BofA, see if Cap1 allows you to "pull" money from BofA.
Generally, pulling is cheaper and should be free of cost.

Quote :
Automated Clearing House (ACH) External Transfer transactions are subject to limits on the dollar amount of electronic transfers between your account and external accounts at other financial institutions, to include whether certain external accounts at other financial institutions can be linked to your Capital One account. These limits are designed to be flexible in order to protect the security and integrity of the service and accounts, as well as you and all other users of the service. Based on confidential fraud and essential risk criteria, they may be modified at our discretion without advance notice.
https://www.capitalone.com/bank/d...g-account/
Reply
Joined Feb 2008
L8: Grand Teacher
> bubble2 3,216 Posts
765 Reputation
rjm08
04-22-2023 at 10:30 PM.
04-22-2023 at 10:30 PM.
Read the fine print

I kept $100k there for 90 days but apparently it was not 90 days it was 90 days after some later date

BBB complaint unanswered for 6+ weeks

I will be closing it and a Cap One CC if they don't make things right (and I do not expect them to)
2
Reply
Joined Jan 2021
L6: Expert
> bubble2 1,283 Posts
201 Reputation
Slacky
04-22-2023 at 11:58 PM.
04-22-2023 at 11:58 PM.
Quote from easybeart :
Who readily has $100k to drop in a savings account? This is just another handout to the rich.

You're not wrong. But the rich take care of the rich, that's the way they roll until it's everyone off the cliff.
3
Reply
Joined Dec 2007
KAGA
> bubble2 540 Posts
115 Reputation
MachAF
04-23-2023 at 12:06 AM.
04-23-2023 at 12:06 AM.
Quote from iBoo :
100k/1k is 4% APY. No thanks.

Wow just wow.LMAO
2
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Joined Dec 2010
L6: Expert
> bubble2 1,668 Posts
112 Reputation
matrix5k
04-23-2023 at 05:09 AM.
04-23-2023 at 05:09 AM.
I have 50k in Ally no penalty 4.75% CD. Is it worth moving that money here for 3 months? Only risk is I'm not sure if the no penalty CD will still be around by then. It has already dropped to 4.25%.
Reply
Last edited by matrix5k April 23, 2023 at 05:12 AM.
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