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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
294,862 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

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.
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Deal
Score
+142
294,862 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.

537 Comments

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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 Jul 2012
L2: Beginner
> bubble2 91 Posts
62 Reputation
hunterssze
11-04-2023 at 11:06 PM.
11-04-2023 at 11:06 PM.
How do you pull 100k or 50k, is not there a limit on bank transfer
Reply
Last edited by hunterssze November 4, 2023 at 11:18 PM.
Joined Aug 2013
L5: Journeyman
> bubble2 605 Posts
78 Reputation
snobordir
11-04-2023 at 11:09 PM.
11-04-2023 at 11:09 PM.
Does anyone have experience with how hard it is to withdraw money from these accounts, should one want to after getting this bonus? Their website just says they do impose limits on ACH withdrawals based on 'risk' etc. Moving around a lot of money can be painless or very painful depending on bank's limitations (eg max $5k/week).
Reply
Joined Jul 2012
L2: Beginner
> bubble2 91 Posts
62 Reputation
hunterssze
11-04-2023 at 11:20 PM.
11-04-2023 at 11:20 PM.
Quote from manz123 :
Moved 101k. Will be in account 1-2 biz days. Streamlined process. Looking forward for the bonus plus interest

How do you move so much, isn't there an ach limit?
Reply
Joined Jan 2008
L6: Expert
> bubble2 1,076 Posts
125 Reputation
XMotoX
11-04-2023 at 11:43 PM.
11-04-2023 at 11:43 PM.
Effectively equates to a 9.6% interest rate for 105 days.

Only 3 months but better than nothing I guess.

Good deal in my book.

[edit] apparently I've signed up before…no idea when. Okay worst deal ever 🙃
4
1
Reply
Last edited by XMotoX November 4, 2023 at 11:59 PM.
Joined Dec 2005
L11: World Champion
> bubble2 691 Posts
54 Reputation
_DonkeyKong_
11-05-2023 at 12:07 AM.
11-05-2023 at 12:07 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
do you already have a 360 savings or checking account? what was your situation and what did the rep say?

did they sound like a mouth breather?

i ask because it is not that hard to call any bank or any firm nowadays and get some phone rep to give you incorrect information.

it seems like the rep misunderstood the rules.

the official terms and conditions says if you have an account at any point between today and jan 2021, you are not eligible.

the rep cant just overrule the terms and conditions. did the rep put you on hold and convene a meeting with the legal department where they said "yup, the terms and conditions us lawyers wrote on the website is just a prank, we will give this deal to people who already have an account too, we tell everyone they are illegibile but it's like a willy wonka chocolate factory thing, and we give it to anyone who catches the lucky mouth breathing customer service rep we had planted in the call center" i doubt that
Reply
Last edited by _DonkeyKong_ November 5, 2023 at 02:20 PM.
Joined Jun 2019
L5: Journeyman
> bubble2 638 Posts
70 Reputation
UniqueAlpaca719
11-05-2023 at 01:01 AM.
11-05-2023 at 01:01 AM.
Quote from milestoempty :
Just moved 100 over to ML Preferred Deposit. That's 5.02% a month.

Tired of moving this cash around lol.

You mean 5.02 a year, it's never a month.
Reply
Joined Jan 2015
SD User
> bubble2 2,606 Posts
1,357 Reputation
fivenue
11-05-2023 at 01:03 AM.
11-05-2023 at 01:03 AM.
Good luck to anyone trying this. Hope cap 1 won't screw you out of the bonus
Reply

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Joined Nov 2017
L2: Beginner
> bubble2 44 Posts
10 Reputation
SwergarT
11-05-2023 at 01:24 AM.
11-05-2023 at 01:24 AM.
some HYSA has 5-5.25% interest, so putting 20k for 3 months would have ~$200-300 interests. ... why lock the money for 3 months and go thru all the troubles using the pomo? sorry, if i miss anything.
4
Reply
Joined Feb 2015
L2: Beginner
> bubble2 30 Posts
14 Reputation
jimmynguyen
11-05-2023 at 02:23 AM.
11-05-2023 at 02:23 AM.
Quote from SwergarT :
some HYSA has 5-5.25% interest, so putting 20k for 3 months would have ~$200-300 interests. ... why lock the money for 3 months and go thru all the troubles using the pomo? sorry, if i miss anything.

This is giving 4.3% plus a bonus.
Reply
Joined Nov 2017
L3: Novice
> bubble2 236 Posts
31 Reputation
Torins18
11-05-2023 at 02:45 AM.
11-05-2023 at 02:45 AM.
If you only hold this for 90 days you will be getting over 10% apy I believe.
Reply
Joined Oct 2015
L3: Novice
> bubble2 222 Posts
25 Reputation
Narnomor
11-05-2023 at 03:18 AM.
11-05-2023 at 03:18 AM.
Too bad I just opened an account earlier this year when it was posted here. Got only $500 for 50K deposit instead of what would have been $750 if I just open it now
Reply
Joined Nov 2008
L5: Pokeman
> bubble2 8,946 Posts
676 Reputation
Lanmanna
11-05-2023 at 03:24 AM.
11-05-2023 at 03:24 AM.
Quote from snobordir :
Does anyone have experience with how hard it is to withdraw money from these accounts, should one want to after getting this bonus? Their website just says they do impose limits on ACH withdrawals based on 'risk' etc. Moving around a lot of money can be painless or very painful depending on bank's limitations (eg max $5k/week).
Initialize the withdrawal from the non Capital One bank instead.
Reply
Joined Mar 2009
L5: Journeyman
> bubble2 581 Posts
171 Reputation
scorpic
11-05-2023 at 03:28 AM.
11-05-2023 at 03:28 AM.
Any checking account bonus right now from C1 bank? Thanks.
Reply
Joined Aug 2013
King of Ranchers
> bubble2 174 Posts
18 Reputation
eayoshi
11-05-2023 at 04:28 AM.
11-05-2023 at 04:28 AM.
Quote from snobordir :
Does anyone have experience with how hard it is to withdraw money from these accounts, should one want to after getting this bonus? Their website just says they do impose limits on ACH withdrawals based on 'risk' etc. Moving around a lot of money can be painless or very painful depending on bank's limitations (eg max $5k/week).

It isn't painful. I've had two of these accounts for almost a year along with my CapOne credit cards for over 20 years. It works as the rules list it.

When ready to transfer, consider also using the other account to extract the funds from the CapOne account.
Reply
Last edited by eayoshi November 5, 2023 at 04:30 AM.

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Joined Nov 2017
L3: Novice
> bubble2 236 Posts
31 Reputation
Torins18
11-05-2023 at 04:33 AM.
11-05-2023 at 04:33 AM.
So if I'm clear the 15 day funding period starts upon opening account then after that the money needs to sit for 90 days??
Reply
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