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Frontpage Advertiser Disclosure

Capital One 360 Performance Savings Account: Earn Up to $1500 Bonus Funds w/ 4.3% APY Expired

Deposit $20K-100K+
(New Capital 360 Accounts)
+142 Deal Score
283,266 Views
Capital One offers New Accounts: Capital One 360 Performance Savings Account: Earn Up to $1,500 Bonus Funds w/ 4.5% APY w/ deposits ranging from $20,000 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 FALL23 to receive this promotional bonus offer or when you follow the instructions listed below

Thanks to community member srhearts 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, 2021, you will be ineligible for this bonus offer.

Deal Instructions
  1. Open a new Capital One 360 Performance Savings Account w/ promo code FALL23 by December 6, 2023
  2. Deposit $20,000+ of external funds within the 15-day Initial Funding Period after opening your account
    • Bonus Funds
      • Deposit $20,000+ & Earn $300 Bonus Funds
      • Deposit $50,000+ & Earn $750 Bonus Funds
      • Deposit $100,000+ & Earn $1,500 Bonus Funds
    • This exclusive offer will grant you the bonus and a high yield savings rate of 4.30% (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

Editor's Notes & Price Research

Written by
  • This offer has higher max bonus and a higher APY than a popular April Frontpage deal.
  • You must hold the deposit in your account for 90-days after the 15-day Initial Funding Period to qualify for the bonus offer; Capital One will deposit the bonus into your account within 60-days after you have completed all the requirements
  • 360 Performance Savings accounts don't have ATM or debit cards, or check-writing capabilities. There's no monthly cycle service charge for this account, and no minimum balance required to open or maintain the account. Our savings and money market accounts permit no more than six (6) transfers per statement cycle to a third party or to any of your other deposit accounts at Capital One. There is no limit in the number of transfers that you may make into your account. Note: We are currently not enforcing the transfer limits. You'll be notified if we choose to re-impose these limits. This account is a consumer-only product. If you have an Individual Taxpayer Identification Number (ITIN), you cannot open an account online. You may open an account in a Capital One location using your ITIN if you're a U.S. person for tax purposes and can complete an IRS Form W-9.
  • A rate of 4.30% Annual Percentage Yield (APY) applies to all account balances. Advertised rates are variable and effective as of 11/5/2023. Rates are subject to change at any time before or after account opening.
  • Please refer to the forum thread for additional details & discussion. -StrawMan86
Good Deal?

Original Post

Written by
Edited November 4, 2023 at 08:09 PM by
First post so please feel free to modify
DEPOSIT BONUS
$20,000 +$300
$50,000 +$750
$100,000 +$1,500

https://www.capitalone.com/bank/f...4fy23_1025


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, 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.
Certain deposit transactions initiated through the Capital One website to retrieve funds from your external account are subject to limits. If you are subject to these limits, in order to meet the offer requirements, you would need to initiate the deposit by another external method, such as mobile deposit or setting the initial deposit to send (rather than be retrieved from) from your external financial institution.
Here's the full scoop on how to earn your bonus:
STEP 1—Open a 360 Performance Savings account between 12:00 a.m. ET on November 1, 2023, and 11:59 p.m. ET on December 6, 2023. When you open your account, ensure the promo code FALL23 is entered in the Promo Code box.
STEP 2—Initial Funding Period. Deposit a total of $20,000 or more (Deposit Amount) of new money from externally sourced funds (transfers between Capital One accounts will not qualify) within the first 15 days of account opening (Initial Funding Period).
STEP 3—Hold Period. You will earn a bonus once you've maintained the Deposit Amount of $20,000 or more for 90 days following the Initial Funding Period. The Initial Funding Period is defined as the first 15 days from account opening, and the 90-day Hold Period does not begin until after the full 15-day Initial Funding Period.
The amount of your bonus will be determined as follows:
$300 bonus—The new money deposited from an external bank during the Initial Funding Period was between $20,000-$49,999.99, and you maintained that Deposit Amount for 90 days following the Initial Funding Period.
$750 bonus—The new money deposited from an external bank during the Initial Funding Period was between $50,000-$99,999.99, and you maintained that Deposit Amount for 90 days following the Initial Funding Period.
$1,500 bonus—The new money deposited from an external bank during the Initial Funding Period was $100,000 or more, and you maintained that Deposit Amount for 90 days following the Initial Funding Period.
Capital One will deposit the bonus into your account within 60 days after you have completed all the requirements above, including fulfilling the 90-day holding period. If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus. If at any time during the 90 days following the Initial Funding Period your Deposit Amount drops into a lower tier, you will be rewarded that tier's cash bonus. If your Deposit Amount decreases to an amount less than $20,000, you will not qualify for a cash bonus. This offer cannot be combined with any other 360 Performance Savings account opening offers. Only one promotional code is accepted per account. Bonus is only valid for one new 360 Performance Savings account. Bonuses are considered interest and will be reported on IRS form 1099-INT.
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+142
283,266 Views
Deposit $20K-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.

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Featured Comments

Jeez...wildly inaccurate posts like this should be deleted. You don't seem to understand that you are getting both a signup bonus AND the ongoing high-yield (currently 4.3%) interest. Please feel free to correct my math here, but I think the combined bonus puts the effective APY over 6% for the first year. Good luck finding any other liquid investment with a guaranteed yield like that.

Pretty good deal for someone who doesn't already have a Cap360 account (since existing or recent savings account holders don't seem to be eligible).
the capital one account also has 4.3% apy so it would be higher
That is not how this works.

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Joined Sep 2011
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slicklorey
11-03-2023 at 03:30 PM.
11-03-2023 at 03:30 PM.
Do you need a direct deposit ?
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Original Poster
srhearts
11-03-2023 at 03:41 PM.
11-03-2023 at 03:41 PM.
Quote from slicklorey :
Do you need a direct deposit ?
no. i confirmed with customer service that money should be coming from external source, so it can be check, cash or wire
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Joined Jun 2014
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Mangolover111
11-03-2023 at 05:40 PM.
11-03-2023 at 05:40 PM.
Thank you this is a good deal
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PacifistFlower
11-03-2023 at 07:57 PM.
11-03-2023 at 07:57 PM.
Over 105 days (Capital One requires 90 day holding + 15 day funding period), you would get the same rate of return (1.5%) with the Vanguard core money fund (VMRXX). The core money fund only requires a minimum $3000 initial investment, you earn interest immediately, and you can add or move your money at any time.

Pass on the Capital One deal.

Edit: As the other comments say, I was wrong. Adding 4.30% that you get with the 360 performance savings account, this is a good deal.
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Last edited by PacifistFlower November 4, 2023 at 09:52 AM.
Joined Jun 2014
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DavidL7385
11-03-2023 at 09:46 PM.
11-03-2023 at 09:46 PM.
Quote from PacifistFlower :
Over 105 days (Capital One requires 90 day holding + 15 day funding period), you would get the same rate of return (1.5%) with the Vanguard core money fund (VMRXX). The core money fund only requires a minimum $3000 initial investment, you earn interest immediately, and you can add or move your money at any time.

Pass on the Capital One deal.
the capital one account also has 4.3% apy so it would be higher
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oasisallure
11-03-2023 at 09:54 PM.
11-03-2023 at 09:54 PM.
new customer only, pass
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Joined Dec 2007
KAGA
> bubble2 536 Posts
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MachAF
11-03-2023 at 11:08 PM.
11-03-2023 at 11:08 PM.
Quote from PacifistFlower :
Over 105 days (Capital One requires 90 day holding + 15 day funding period), you would get the same rate of return (1.5%) with the Vanguard core money fund (VMRXX). The core money fund only requires a minimum $3000 initial investment, you earn interest immediately, and you can add or move your money at any time.

Pass on the Capital One deal.
That is not how this works.
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nojmplease
11-04-2023 at 06:04 AM.

Our community has rated this post as helpful. If you agree, why not thank nojmplease

11-04-2023 at 06:04 AM.
Quote from PacifistFlower :
Over 105 days (Capital One requires 90 day holding + 15 day funding period), you would get the same rate of return (1.5%) with the Vanguard core money fund (VMRXX). The core money fund only requires a minimum $3000 initial investment, you earn interest immediately, and you can add or move your money at any time.

Pass on the Capital One deal.
Jeez...wildly inaccurate posts like this should be deleted. You don't seem to understand that you are getting both a signup bonus AND the ongoing high-yield (currently 4.3%) interest. Please feel free to correct my math here, but I think the combined bonus puts the effective APY over 6% for the first year. Good luck finding any other liquid investment with a guaranteed yield like that.

Pretty good deal for someone who doesn't already have a Cap360 account (since existing or recent savings account holders don't seem to be eligible).
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Last edited by nojmplease November 4, 2023 at 03:39 PM.
Joined May 2016
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Cherting
11-04-2023 at 06:32 AM.
11-04-2023 at 06:32 AM.
It looks like people with capital 360 checking account would still qualify for this bonus?
Also, the APY should be 4.3% + 5.2% (1.5% over 105 days) so this is really good.
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xfree
11-04-2023 at 07:32 AM.
11-04-2023 at 07:32 AM.
high-yield savings rate: 4.30% APY.
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oasisallure
11-04-2023 at 07:49 AM.
11-04-2023 at 07:49 AM.
Quote from xfree :
high-yield savings rate: 4.30% APY.
yeah. 4.3% is default now
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Original Poster
srhearts
11-04-2023 at 11:24 AM.
11-04-2023 at 11:24 AM.
Quote from oasisallure :
new customer only, pass
not always true. If you opened your account before Jan 21, then you are stil eligible. I am also existing customer
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Last edited by srhearts November 4, 2023 at 11:28 AM.
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Pookymeister
11-04-2023 at 11:33 AM.
11-04-2023 at 11:33 AM.
Quote from srhearts :
not always true. If you opened your account before Jan 21, then you are stil eligible. I am also existing customer
"Not eligible for this offer. You're not eligible to use the promo code FALL23. This promo only applies to new customers." I've had my account forever.
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