This is not as good as the BONUS400 from 3 years ago, but this is the best offer we have seen from Capital One to open a 360 checking account.
Earn $350 with 360 Checking
Update (10/29/23): This has been shortened to end on 10/30/23.
Open with code BONUS350 by
January 9, 2024 and complete the steps below.
1. Open 360 Checking
Open a new account by
January 9, 2024 using the promo code BONUS350.
2. Get direct deposits
Set up and receive at least 2 direct deposits, each of $250 or more, within 75 days of account opening.
3. Bonus time
Your $350 bonus will be deposited into your new account after you complete these steps. See footnotes for timing.
https://www.capitalone.com/bank/bonus350/
Here's the full scoop on how to earn your $350 bonus:
Open a 360 Checking account between 12:00 a.m. ET on August 2, 2023 and 11:59 p.m. ET on
January 9, 2024. When you open your account, ensure you enter in the promotional code BONUS350 in the Promo Code box.
Set up and receive at least 2 qualifying direct deposits each of $250 or more to your 360 Checking account within 75 days of account opening. A Qualifying Direct Deposit is a regular periodic payment, such as salary, pension, government payments (for example, Social Security), or other monthly income that occurs as an Automated Clearing House (ACH) or Real-Time Payment network credit from your employer or an outside institution. ACH credits or fund transfers initiated via the Capital One website or mobile app and wires are not considered a Qualifying Direct Deposit.
When will I get my bonus?
Your bonus will be deposited into your account within 60 days after you have completed the requirements above. This 60-day period begins the day after your second Qualifying Direct Deposit has been posted to your account.
This account is subject to approval. This offer cannot be combined with any other 360 Checking account opening offers. Only one promotional code is accepted per account. Bonus is only valid for one new 360 Checking account. The amount of your bonus will be reported on IRS form 1099-INT to the IRS (and your state revenue authority, if required).
If you have or had an open 360 Checking, Simply Checking, Total Control Checking or Money Teen Checking account as a primary or secondary account holder with Capital One on or after January 1, 2021, 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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09/15: Opened Capone account online. No initial funding.
09/15: Added Capone account as an external bank account at Chase.com
09/15: Initiated external transfer #1 for $251 at Chase.com using standard option. Funds posted to Capone account on 9/18.
09/18: Initiated external transfer #2 for $250 at Chase.com using standard option. Funds posted to Capone account on 9/19
09/25: $350 new account bonus posted to my Capone account
Super easy promotion!
I plan to keep ~100 in my Capone account and pull the remaining $751 in the next couple days. Any issues with this? Are we required to keep the minimum $500 DD and bonus for a certain period of time, before taking it out?
09/15: Opened Capone account online. No initial funding.
09/15: Added Capone account as an external bank account at Chase.com
09/15: Initiated external transfer #1 for $251 at Chase.com using standard option. Funds posted to Capone account on 9/18.
09/18: Initiated external transfer #2 for $250 at Chase.com using standard option. Funds posted to Capone account on 9/19
09/25: $350 new account bonus posted to my Capone account
Super easy promotion!
I plan to keep ~100 in my Capone account and pull the remaining $751 in the next couple days. Any issues with this? Are we required to keep the minimum $500 DD and bonus for a certain period of time, before taking it out?
Transaction Type: Electronic Transfer
Appears on statement as: Deposit from JPMorgan Chase Ext Trnsfr
Memo
Ext Trnsfr
https://www.capitalone.
https://www.capitalone.
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I went into wallet, clicked my PayPal balance and transferred it to capital one that way. I also see that I could have clicked the send button and went through it that way. I guess I will see. My second transfer went in this morning so I will update if I get the bonus either way. Looks like it is taking about 5 days or so for most. I'll wait maybe a week unless I get it sooner.
Thanks for the input!
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I am able to overlook this since the $350 bonus on $500 is equivalent to 840% APY for one month. Also this is a checking account, not savings.