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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
294,902 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
294,902 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 2020
L2: Beginner
> bubble2 35 Posts
18 Reputation
MemorableIdea1826
11-05-2023 at 07:38 AM.
11-05-2023 at 07:38 AM.
Just opened an account. 9.5% apy for first 105 days. Slick deal
Reply
Joined May 2013
L3: Novice
> bubble2 380 Posts
525 Reputation
A00
11-05-2023 at 07:51 AM.
11-05-2023 at 07:51 AM.
Quote from Brooklynite :
Remember banks are paying all this interest because they know there are better investments to be made today which are nearly guaranteed to pay a ton more. I know for me crypto is going to do much better than 5% between now and April of 2025, I have put all my money in one crypto ($BAT) and I think it will do much better. A more conservative approach would be BTC or ETH although still not as safe as a bank, still an excellent investment.
What a troll! Sam Bankman-Fried entered the chat I guess.
Reply
Joined Jul 2016
L10: Grand Master
> bubble2 8,074 Posts
996 Reputation
Genghis_Khan
11-05-2023 at 07:56 AM.
11-05-2023 at 07:56 AM.
Quote from A00 :
What a troll! Sam Bankman-Fried entered the chat I guess.

No, this is his brother cuz Sam's in jail!
Reply
Joined Oct 2005
L99 : Old Fart
> bubble2 1,067 Posts
141 Reputation
Pookymeister
11-05-2023 at 08:00 AM.
11-05-2023 at 08:00 AM.
Quote from rking0122 :
Did this message appear when you tried online? Or was it a phone call?

I am just trying to gauge whether I'll get a warning before opening the account. I've had Cap One accounts in the past—and I'm pretty sure they're closed long enough ago, but it would be nice to know ahead of time.
I was logged in already and tried to use the link. It said wasn't eligible and asked if still wanted to open anyway.
Reply
Joined Sep 2008
L10: Grand Master
> bubble2 7,483 Posts
719 Reputation
DogAndPony
11-05-2023 at 08:09 AM.
11-05-2023 at 08:09 AM.
I'd do it for the $1500 bonus, but my cash is tied up for more than 30 days so I'll pass. Good deal for those that have that kind of cash lying around though!
1
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
558 Reputation
newbharry
11-05-2023 at 08:26 AM.
11-05-2023 at 08:26 AM.
transferred 100100$. Good deal. I just finished my discover 250 for 25k last week lol..

That was the best. $250 for 25k for just 30 days and existing customers... Still unbeatable ..
Reply
Joined Feb 2010
is PRO
> bubble2 18,957 Posts
4,606 Reputation
Binar
11-05-2023 at 08:29 AM.
11-05-2023 at 08:29 AM.
Quote from vjimmy :
Been saving up cash to buy two new cars....been on the fence with recent car prices and winter coming ......this deal might tip me off the fence and wait another 3 months....
I'll sell you a '23 2d with SAS manual transmission Bronco. They dont even make them anymore.
Reply

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Joined Jan 2007
Apprentice Village Idiot
> bubble2 988 Posts
110 Reputation
Alpha__Omega
11-05-2023 at 08:33 AM.
11-05-2023 at 08:33 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).

If there's a limit at C1, then blow $20 for a wire transfer.
No limits on wire transfer.
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
558 Reputation
newbharry
11-05-2023 at 08:36 AM.
11-05-2023 at 08:36 AM.
Quote from mozmoz1 :
Essentially you are getting 5.7% rate for 3 months and then it drops to the going rate of around 4.2%.
No.. it's like10%+ for the first 3 months assuming 100k
Reply
Joined Dec 2012
L5: Journeyman
> bubble2 550 Posts
713 Reputation
scorpionguy
11-05-2023 at 08:39 AM.
11-05-2023 at 08:39 AM.
Quote from newbharry :
transferred 100100$. Good deal. I just finished my discover 250 for 25k last week lol..

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?
Reply
Joined Dec 2008
L4: Apprentice
> bubble2 484 Posts
58 Reputation
BayAreaMiss
11-05-2023 at 08:46 AM.
11-05-2023 at 08:46 AM.
I just did checking account opening bonus for $350 - I have no other account with C1, am I eligible for this bonus for savings account now?? I hope so, that's pretty big bonus imo
Reply
Joined Aug 2013
L5: Journeyman
> bubble2 605 Posts
78 Reputation
snobordir
11-05-2023 at 08:49 AM.
11-05-2023 at 08:49 AM.
Quote from Alpha__Omega :
If there's a limit at C1, then blow $20 for a wire transfer.
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.
Reply
Joined Nov 2020
L5: Journeyman
> bubble2 769 Posts
214 Reputation
Pro
BeigeIdea523
11-05-2023 at 08:58 AM.
11-05-2023 at 08:58 AM.
Quote from srhearts :
no just called and confirmed. You don't have to be new customer. Please call and confirm
​
Quote from mozmoz1 :
The reason I asked the question was that one of the post stated they called and were told they can get the offer.
That one, right? And that's the OP šŸ˜’

"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.
Reply
Last edited by BeigeIdea523 November 5, 2023 at 10:57 AM.
Joined Mar 2005
L3: Novice
> bubble2 294 Posts
99 Reputation
Rebate Junkie
11-05-2023 at 09:04 AM.
11-05-2023 at 09:04 AM.
Quote from oasisallure :
new customer only, pass
Here are the relevant terms and conditions:

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!
Reply

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Joined Dec 2008
L6: Expert
> bubble2 1,364 Posts
119 Reputation
bigal24
11-05-2023 at 09:09 AM.
11-05-2023 at 09:09 AM.
I am Capital One customer way befor 2021 and still not qualify for this promtion. what else?


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)
Reply
Last edited by bigal24 November 5, 2023 at 09:11 AM.
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