Original Post
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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 1āOpen 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 2āInitial 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 3āHold 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 bonusāThe 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 bonusāThe 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 bonusāThe 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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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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No, this is his brother cuz Sam's in jail!
I am just trying to gauge whether I'll get a warning before opening the account. I've had Cap One accounts in the pastāand I'm pretty sure they're closed long enough ago, but it would be nice to know ahead of time.
That was the best. $250 for 25k for just 30 days and existing customers... Still unbeatable ..
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If there's a limit at C1, then blow $20 for a wire transfer.
No limits on wire transfer.
That was the best. $250 for 25k for just 30 days and existing customers... Still unbeatable ..
Have u received the $250 already as it said bonus would be credited by Nov 30th. Though requirement was to keep the money in account till 30th October. I haven't yet received the bonus or confirmation so thinking should I wait till I receive the discover saving boost bonus. Any comments?
No limits on wire transfer.
I believe I saw wires are $30, but yes, your point stands. It's still worthwhile even with the wire fee, just curious if it can be avoided. Some banks let you transfer huge sums via ACH, some don't.
"You don't have to be a new customer" because you can be a previous customer who closed their savings account before January 2021.
Or you can be a current customer but not with a savings or money market account. If all you have with Cap One 360 is a checking account, for example, then you are a current customer of the bank but you do qualify for this savings account offer.
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.I'm a Capital One credit card holder only, and appear to qualify for this deal. Thanks and repped!
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Edit: I have never had Capital One 360 account and I opened my savings and checking at the local branch at lease 20 some years ago when it was chase chevy bank that was acquired by Captial One (CC was much better customer service than Capital One)