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- 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
- 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
- Hold the deposit(s) in your account for 90-days after the 15-day Initial Funding Period ends
- 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
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$50,000 gets you $500
$100,000 gets you $1,000.
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[Update:] I think it will worth it, because the interest you loss is about $375, but gain $1k, so still gain $625.
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Also, what's the interest paid on the account?
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Also, what's the interest paid on the account?
Monthly Interest Paid Interest +$297.42
Cha-Ching! New account bonus SAV - Bonus 1099INT No Hold +$1,000.00
$50,000 gets you $500
$100,000 gets you $1,000.
IMHO, 1% back isn't that slick
Series I Savings Bonds
6.89%
This includes a fixed rate of 0.40%
For I bonds issued November 1, 2022 to April 30, 2023
The OP "Note, offer does not extend to users that have open on or after January 1, 2020" could be interpreted as you haven't opened an account after January 1, 2020.
It should state "Note, offer does not extend to users that have an account opened on or after January 1, 2020".
I had both a savings and checking account with them opened prior to January 1, 2020 and don't qualify. I opened a new 'performance' savings account (without the bonus offer) and transferred $ from old savings to the new savings, but had to speak with them by phone to close my old one and they need a photocopy of your d/l or passport to do that.
So not only do they punish existing cutomers with no bonus offer, but save money by not switching them automatically to the higher interest savings account. My old savings account that they no longer offer was paying .3% interest. They only offer one savings account now, the 'performance' one.
Did you open a performance account, transfer money over, then does it allow you to close the old savings account online?The 2020 date is wrong. I've had mine since 2008 and couldn't sign up for the bonus.
I did not get the bonus. And I do have to call to close my account I zeroed out.
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Series I Savings Bonds
6.89%
This includes a fixed rate of 0.40%
For I bonds issued November 1, 2022 to April 30, 2023
i-bonds, which I have, is max 10k per year