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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 Aug 2011
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sasha9
11-05-2023 at 09:12 AM.
11-05-2023 at 09:12 AM.
This might be a dumb question. To my knowledge there is no Capital One brick and mortar. So how do I withdraw money from my savings acct from my bank and transfer/deposit it to Capital one?
Reply
Joined Dec 2008
Divided states of America
> bubble2 4,912 Posts
236 Reputation
inquisitive
11-05-2023 at 09:17 AM.
11-05-2023 at 09:17 AM.
Saw this posted by OP... " If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus."

My capital one venture card that i had for 7 yrs was closed by Capital One a few months ago because i didn't use it anymore(inactive) for like the last 2yrs. Will i be eligible for this new promotion?
Reply
Last edited by inquisitive November 5, 2023 at 09:20 AM.
Joined Jul 2005
L9000: Broke Member
> bubble2 3,727 Posts
584 Reputation
EffinAhole
11-05-2023 at 09:17 AM.
11-05-2023 at 09:17 AM.
Quote from sasha9 :
This might be a dumb question. To my knowledge there is no Capital One brick and mortar. So how do I withdraw money from my savings acct from my bank and transfer/deposit it to Capital one?
Like every other bank. Online in the account you should be able to add external back accounts to transfer money too.

And you have two different options: A push transfer where you push the money from your bank to capital one or a pull transfer where you pull money from your bank from capital one. You just need the routing number and acct number.
Reply
Joined Jul 2005
L9000: Broke Member
> bubble2 3,727 Posts
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EffinAhole
11-05-2023 at 09:19 AM.
11-05-2023 at 09:19 AM.
Quote from inquisitive :
Saw this posted by OP... " If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus."

My capital one venture card that i had for 7 yrs was closed a few months ago because i didn't use it anymore for like the last 2yrs. Will i be eligible for this new promotion?
I dont think credit cards affect that. They are talking about savings/checking/moneymarket accounts etc.
Reply
Joined Jul 2019
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> bubble2 2 Posts
10 Reputation
Yash1995
11-05-2023 at 09:24 AM.
11-05-2023 at 09:24 AM.
I just opened the account with promo code activated.

How do I verify that it really got applied?
Reply
Joined Nov 2020
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> bubble2 769 Posts
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BeigeIdea523
11-05-2023 at 09:30 AM.
11-05-2023 at 09:30 AM.
Quote from sasha9 :
This might be a dumb question. To my knowledge there is no Capital One brick and mortar. So how do I withdraw money from my savings acct from my bank and transfer/deposit it to Capital one?
There are Capital One branches but they might not serve 360 customers. There are also Capital One Cafes which do serve 360 customers.

But you don't have to deal with any of that if you just do it electronically. Once you sign up for Capital One 360 you can add the account number and routing number of your other bank and transfer that way.

If for some reason you can't or don't want to do that, and assuming your existing savings account doesn't come with cheques, you could also get your money out as a cashier's check from the other bank and then do a check deposit using the Capitol One app or a Capital One Cafe if you have one nearby. But that will take longer than doing it electronically.
Reply
Joined Nov 2020
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BeigeIdea523
11-05-2023 at 09:34 AM.
11-05-2023 at 09:34 AM.
Quote from Yash1995 :
I just opened the account with promo code activated.

How do I verify that it really got applied?
Always take screenshots
Reply

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Joined Nov 2020
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BeigeIdea523
11-05-2023 at 09:41 AM.
11-05-2023 at 09:41 AM.
Quote from inquisitive :
Saw this posted by OP... " If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus."

My capital one venture card that i had for 7 yrs was closed by Capital One a few months ago because i didn't use it anymore(inactive) for like the last 2yrs. Will i be eligible for this new promotion?
Quote from EffinAhole :
I dont think credit cards affect that. They are talking about savings/checking/moneymarket accounts etc.
Better yet, that statement only applies to the new savings account. This has nothing to do with old accounts of any kind.

What that's saying is, assuming you are successful in opening this new savings account with the promo applied, then when it comes time for Capital One to issue the bonus the account itself cannot be closed or have any other issues. They won't issue a bonus to a closed account. Once you get the bonus you normally have to keep the account open for like 6 months to be safe from them clawing back the bonus. You can withdraw your funds after you get the bonus, but just hold off on closing the account for a few months.
Reply
Last edited by BeigeIdea523 November 5, 2023 at 09:47 AM.
Joined Jul 2011
L6: Expert
> bubble2 1,290 Posts
132 Reputation
rcboosted
11-05-2023 at 09:53 AM.
11-05-2023 at 09:53 AM.
Quote from _DonkeyKong_ :
the official terms and conditions says if you have an account at any point between today and jan 2021, you are not eligible.
So the term is that if I HAVE an account during those times, and not just OPENED an account during those times? I've had an ING account, and was converted to 360 when they bought ING, that's how long ago it was. Wonder if it's eligible.
Reply
Joined Feb 2015
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> bubble2 302 Posts
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mozmoz1
11-05-2023 at 10:19 AM.
11-05-2023 at 10:19 AM.
If I already have an account, how do I try to see if I qualify for this deal? What's the process?
Reply
Joined Nov 2006
L6: Expert
> bubble2 1,642 Posts
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dealgeek007
11-05-2023 at 11:15 AM.
11-05-2023 at 11:15 AM.
How easy is it to close the account after the 105 days wait is over? Does capital one give you the run around in closing the account?
Reply
Joined Apr 2015
L5: Journeyman
> bubble2 712 Posts
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orioncygnus
11-05-2023 at 11:31 AM.
11-05-2023 at 11:31 AM.
Quote from oasisallure :
money market savings account or money market funds?
savings
Reply
Joined Mar 2008
L4: Apprentice
> bubble2 342 Posts
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gthippo
11-05-2023 at 11:52 AM.
11-05-2023 at 11:52 AM.
MEH.

That comes to less than 6% APR, and is taxed as ordinary income at the federal ADN state level.

Plenty of other options out there in the 5%+ APR range, like T-Bills that ARENT taxed at the state level.

Not a deal. More a reflection of the federal interest rate hikes on everything.
2
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Joined Oct 2005
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> bubble2 1,067 Posts
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Pookymeister
11-05-2023 at 12:16 PM.
11-05-2023 at 12:16 PM.
Quote from rcboosted :
So the term is that if I HAVE an account during those times, and not just OPENED an account during those times? I've had an ING account, and was converted to 360 when they bought ING, that's how long ago it was. Wonder if it's eligible.
Login, and then click the link. If you don't get an error message, it might work. Didn't for me and same situation.
Reply

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Joined Feb 2015
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mozmoz1
11-05-2023 at 12:36 PM.
11-05-2023 at 12:36 PM.
Quote from Pookymeister :
Login, and then click the link. If you don't get an error message, it might work. Didn't for me and same situation.
The link here on slickdeals or within the capital one website?
Reply
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