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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.
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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 Nov 2003
...
> bubble2 5,174 Posts
830 Reputation
gergev
04-24-2023 at 12:17 PM.
04-24-2023 at 12:17 PM.
Quote from SiennaTree7956 :
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.
I also opened a new one online without the bonus and transferred money over and it took less than 2 minutes.To close the old one (if you want to) requires a phone call.
Reply
Joined Dec 2018
L2: Beginner
> bubble2 44 Posts
18 Reputation
MKR800
04-24-2023 at 12:49 PM.
04-24-2023 at 12:49 PM.
Holding 100k for 90days for just $1000 ?
1
1
Reply
Joined Jun 2007
L5: Journeyman
> bubble2 746 Posts
154 Reputation
CheapSuli
04-24-2023 at 01:01 PM.
04-24-2023 at 01:01 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
You can only contribute $10k a year to series I. If I put my $100k I get $1k plus 3.5% interest. I'm contemplating if it's worth the hassle moving money from my Marcus account getting 4.9% for 90 days
Reply
Joined Nov 2015
L3: Novice
> bubble2 145 Posts
44 Reputation
Camaro45th
04-24-2023 at 01:16 PM.
04-24-2023 at 01:16 PM.
I have had a 360 account for a long time. Last week when the Apple savings account came out I checked my APY and saw it was only making .80. I took everything out of 360 as the interest was dismal. But for new people it's a great offer
1
Reply
Joined Nov 2003
...
> bubble2 5,174 Posts
830 Reputation
gergev
04-24-2023 at 01:36 PM.
04-24-2023 at 01:36 PM.
Quote from Camaro45th :
I have had a 360 account for a long time. Last week when the Apple savings account came out I checked my APY and saw it was only making .80. I took everything out of 360 as the interest was dismal. But for new people it's a great offer
You can transfer to the new 'performance' 3.75 APY, but it's not as good as Apple and many others. My Vanguard brokerage account earns more.
Too bad Capitol One just doesn't roll over old accounts automatically, or better yet increase/match the APY on the original savings account. It's like they pulled a fast one.
When I spoke with a customer service person they made an anology to buying a new phone, which was a bad one because a new phone would have more features which this doesn't have other than a higher interest rate.
Reply
Joined Feb 2013
L3: Novice
> bubble2 479 Posts
14 Reputation
Slammed01
04-24-2023 at 02:15 PM.
04-24-2023 at 02:15 PM.
Is the 15 day fund date business days? I'm pending a transfer but taking several days from discover…
Reply
Joined May 2015
L7: Teacher
> bubble2 2,417 Posts
655 Reputation
justye
04-24-2023 at 02:57 PM.
04-24-2023 at 02:57 PM.
I'm having trouble with their crappy website trying to add an external account because it can't verify my phone number which is exactly the same that shows up under account profile. Already feeling apprehensive about using Capital One.
Reply

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Joined May 2015
L7: Teacher
> bubble2 2,417 Posts
655 Reputation
justye
04-24-2023 at 03:04 PM.
04-24-2023 at 03:04 PM.
Quote from MKR800 :
Holding 100k for 90days for just $1000 ?
Plus the interest. Ends up being 7.5% APY if you factor in the $1000.
Reply
Joined Jun 2019
L2: Beginner
> bubble2 2,121 Posts
467 Reputation
Fanime
04-24-2023 at 03:07 PM.
04-24-2023 at 03:07 PM.
Quote from Slammed01 :
Is the 15 day fund date business days? I'm pending a transfer but taking several days from discover…
15 calendar days
Reply
Joined Feb 2013
L3: Novice
> bubble2 479 Posts
14 Reputation
Slammed01
04-24-2023 at 03:09 PM.
04-24-2023 at 03:09 PM.
Quote from Fanime :
15 calendar days

Bummer
Reply
Joined Jun 2019
L2: Beginner
> bubble2 2,121 Posts
467 Reputation
Fanime
04-24-2023 at 03:09 PM.
04-24-2023 at 03:09 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
For six months, then drops to 4%, which is the next rate. Funds locked for a year + 3 month penalty.
Reply
Joined Oct 2003
L2: Beginner
> bubble2 104 Posts
10 Reputation
senseye2437
04-24-2023 at 03:38 PM.
04-24-2023 at 03:38 PM.
Just wondering if moving around $100k on one transaction between banks won't raise red flags to IRS?
1
1
Reply
Joined Mar 2005
L10: Grand Master
> bubble2 7,714 Posts
1,061 Reputation
Pro
flangomango
04-24-2023 at 03:54 PM.
04-24-2023 at 03:54 PM.
Quote from Fanime :
For six months, then drops to 4%, which is the next rate. Funds locked for a year + 3 month penalty.

Anything with higher than savings rate is going to early withdrawal penalty
1
Reply
Joined Nov 2015
L7: Teacher
> bubble2 2,041 Posts
698 Reputation
alexatie
04-24-2023 at 04:24 PM.
04-24-2023 at 04:24 PM.
Quote from retto_pyrrah :
Just wondering if moving around $100k on one transaction between banks won't raise red flags to IRS?
it's your money lol. move it however you would like. what red flag?
Reply

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Joined Dec 2011
Two Minds Became One
> bubble2 13,510 Posts
Peerless_Warrior
04-24-2023 at 04:35 PM.
04-24-2023 at 04:35 PM.
Quote from alexatie :
it's your money lol. move it however you would like. what red flag?
Well if you deposit over $9999.99 you have to fill that form out at the bank. Maybe he's asking if transferring will also put you on a radar.
1
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