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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
175,066 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
175,066 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 2019
L2: Beginner
> bubble2 84 Posts
34 Reputation
Mark34204
04-24-2023 at 07:08 AM.
04-24-2023 at 07:08 AM.
I had a Capital One online savings account and they kept letting some fraudulent entity make ACH withdrawals. I asked them if it was standard procedure to allow automatic withdrawals from a savings account and they said yes. I asked if the auto withdrawals could be blocked, and they said no. It took about 20 minutes on the phone with them each time it happened. Each "case" had to be reviewed for a couple days before I was credited back the money. After the third time, I closed the account. What good is a bank that gives away your money?
Reply
Joined May 2010
L6: Expert
> bubble2 1,634 Posts
134 Reputation
ctz
04-24-2023 at 07:18 AM.
04-24-2023 at 07:18 AM.
100K in UFB 5%, now transfer to Capital One 3.5% for 3 months. So 1.5% loss for 3 months for 100K, but gain $1k, worth it?
[Update:] I think it will worth it, because the interest you loss is about $375, but gain $1k, so still gain $625.
Reply
Last edited by ctz April 24, 2023 at 07:20 AM.
Joined Sep 2003
L5: Journeyman
> bubble2 595 Posts
38 Reputation
asirf
04-24-2023 at 07:35 AM.
04-24-2023 at 07:35 AM.
Quote from SeriousBanana986 :
$25k+, 60d hold, $525 (fee waived w/ $300 min)

[url]https://bonusoffer.wf.com/savingsbonus[/urlLMAO]
Seems to me this is a better deal. Particularly I only have 25k to get 525.
Reply
Joined Aug 2010
L3: Novice
> bubble2 174 Posts
14 Reputation
trojax
04-24-2023 at 08:34 AM.
04-24-2023 at 08:34 AM.
Quote from iFITSFREEITSME2141 :
So stupid. If you have 10k. Then you're smart enough to have good credit. Instead. Apply for a chase cc and get 700 to 900 dollars for just using. Plus points are not taxable. This deal is worthless!!!
Agreed!
1
Reply
Joined Oct 2007
L10: Grand Master
> bubble2 12,673 Posts
3,276 Reputation
Pro
arribasn
04-24-2023 at 08:52 AM.
04-24-2023 at 08:52 AM.
I already have a CapitolOne savings and CDs but don't see them labeled as 360, anyway to verify if I am a "new" customer to qualify?
Reply
Joined Jan 2005
War Damn Eagle !!!
> bubble2 2,618 Posts
662 Reputation
WDEagle
04-24-2023 at 08:53 AM.
04-24-2023 at 08:53 AM.
Quote from SeriousBanana986 :
$25k+, 60d hold, $525 (fee waived w/ $300 min)

https://bonusoffer.wf.com/savingsbonus
I'm seeing a 90 day hold. Edit: I see how it's done now. Open the account with $25 and fund the remaining amout "within" 30 days.

Also, what's the interest paid on the account?
Reply
Last edited by WDEagle April 24, 2023 at 09:03 AM.
Joined Jan 2021
New User
> bubble2 1 Posts
10 Reputation
alex0917lfo
04-24-2023 at 09:16 AM.
04-24-2023 at 09:16 AM.
Opening a Citi bank checking account with 75000, giving 1k bouns according to my banker
1
Reply

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Joined Mar 2006
L3: Novice
> bubble2 197 Posts
40 Reputation
teachtom
04-24-2023 at 09:35 AM.
04-24-2023 at 09:35 AM.
I'm in for this deal, but I have a question for anyone who has had this type of promotion from C1 in the past. It is about the 60 day wait period after your 90 day is finished. Will I have to wait for the whole 60 days to get the the bonus cash, or will it be sooner? So , how long to wait after the initial 90 day period is completed? Thanks
Reply
Joined Sep 2003
L5: Journeyman
> bubble2 595 Posts
38 Reputation
asirf
04-24-2023 at 10:07 AM.
04-24-2023 at 10:07 AM.
Quote from WDEagle :
I'm seeing a 90 day hold. Edit: I see how it's done now. Open the account with $25 and fund the remaining amout "within" 30 days.

Also, what's the interest paid on the account?
less than 0.5 - so you can skip this part. Move out the money when you receive the bonus. Need to set up a reminder for this.
Reply
Joined Dec 2006
L2: Beginner
> bubble2 92 Posts
14 Reputation
hyacinth
04-24-2023 at 11:30 AM.
04-24-2023 at 11:30 AM.
Quote from teachtom :
I'm in for this deal, but I have a question for anyone who has had this type of promotion from C1 in the past. It is about the 60 day wait period after your 90 day is finished. Will I have to wait for the whole 60 days to get the the bonus cash, or will it be sooner? So , how long to wait after the initial 90 day period is completed? Thanks
The bonus will usually post after 90 days and interest will accrue monthly. It's a great program and after the 90 day period and bonus posts, one has the flexibility to move it to a higher yield savings or CD.

Monthly Interest Paid Interest +$297.42
Cha-Ching! New account bonus SAV - Bonus 1099INT No Hold +$1,000.00
Reply
Joined Nov 2007
L2: Beginner
> bubble2 98 Posts
25 Reputation
patrix
04-24-2023 at 11:31 AM.
04-24-2023 at 11:31 AM.
Quote from mtnagel :
Why not both? I just opened the Chase Sapphire Preferred last month and now just opened this.
He's complaining because he probably doesn't have the $100K to put in.
Reply
Last edited by patrix April 24, 2023 at 11:34 AM.
Joined Mar 2005
L10: Grand Master
> bubble2 7,714 Posts
1,061 Reputation
Pro
flangomango
04-24-2023 at 12:04 PM.
04-24-2023 at 12:04 PM.
Quote from HonestPicture8060 :
$10,000 gets you $100
$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
2
Reply
Joined Nov 2003
...
> bubble2 5,174 Posts
830 Reputation
gergev
04-24-2023 at 12:11 PM.
04-24-2023 at 12:11 PM.
Quote from arribasn :
I already have a CapitolOne savings and CDs but don't see them labeled as 360, anyway to verify if I am a "new" customer to qualify?
You aren't a new customer unless you have never been one or haven't had an active Capitol One account after January 1, 2020 (which means you had one prior to that date but it was closed before that date).
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.
Reply
Joined Apr 2022
L2: Beginner
> bubble2 56 Posts
18 Reputation
SiennaTree7956
04-24-2023 at 12:14 PM.
04-24-2023 at 12:14 PM.
Quote from gergev :
How did you switch?
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 just opened a new one, and easily transferred my old savings account into it. It took about 2 minutes.

I did not get the bonus. And I do have to call to close my account I zeroed out.
Reply

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Joined Nov 2003
...
> bubble2 5,174 Posts
830 Reputation
gergev
04-24-2023 at 12:15 PM.
04-24-2023 at 12:15 PM.
Quote from funkmasterta :
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
but 100k earns you more than 6.89% for the 3 months it's in there, then take it back out
i-bonds, which I have, is max 10k per year
Reply
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