Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
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
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.
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
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

Your comment cannot be blank.

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.

Sign up for a Slickdeals account to remove this ad.

Joined Nov 2016
L3: Novice
> bubble2 140 Posts
141 Reputation
pusti1
11-06-2023 at 12:16 PM.
11-06-2023 at 12:16 PM.
Is there any way at all to see if the code was actually applied? I opened my account on mobile and the top of the page said code applied throughout. But I don't seen any sort of final confirmation after my account was created
Reply
Joined Aug 2011
L4: Apprentice
> bubble2 377 Posts
14 Reputation
doughnet
11-06-2023 at 12:37 PM.
11-06-2023 at 12:37 PM.
Shame. I just tossed majority of my savings into a US Bank money market account. This would have been just as good.
Reply
Joined Feb 2010
L6: Expert
> bubble2 1,509 Posts
376 Reputation
nojmplease
11-06-2023 at 01:15 PM.
11-06-2023 at 01:15 PM.
Quote from wei2cool :
according to the terms

- Hold the deposit(s) in your account for 90-days after the 15-day Initial Funding Period ends

- Earn the bonus funds in your new account within 60-days after holding

it is possible you won't get the bonus until after 90 + 60 days
The 60-days timeframe is probably just a cover-their-a$$ for legal purposes, so customers don't flip out if the bonus posts late. Based on my past experience with the Cap 360 bonus, it happens very quickly (within a week).

Also...you can still remove the required initial funds and shift it to a new investment after the 90-day period without affecting the bonus, so whether it posts day 1 or day 60 is almost irrelevant.
Reply
Joined Feb 2018
New User
> bubble2 1 Posts
10 Reputation
Heatherrobb
11-06-2023 at 01:37 PM.
11-06-2023 at 01:37 PM.
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 just called and they told me, even though my accounts were opened before 1/21, since they are still open I would not be eligible.
Reply
Joined Oct 2007
L3: Novice
> bubble2 285 Posts
210 Reputation
wei2cool
11-06-2023 at 02:04 PM.
11-06-2023 at 02:04 PM.
Quote from pusti1 :
Is there any way at all to see if the code was actually applied? I opened my account on mobile and the top of the page said code applied throughout. But I don't seen any sort of final confirmation after my account was created
i also applied on mobile. the confirmation page with the green circle white check mark contains the account info, if you scroll down you will see what's next and then promo details with the promo code.
Reply
Joined Dec 2014
L5: Journeyman
> bubble2 684 Posts
153 Reputation
ras1234
11-06-2023 at 02:07 PM.
11-06-2023 at 02:07 PM.
I believe interest rates will go down next year sometime. I have a 100K CD coming due next week and I want to do a 5-year CD. The best I have found is a bank down the road from me paying 4.5% on a minimum of 100K.If I was to do a short-term CD this would have been a good deal.
Reply
Joined Jul 2019
L3: Novice
> bubble2 294 Posts
26 Reputation
BraveHealth1818
11-06-2023 at 02:18 PM.
11-06-2023 at 02:18 PM.
Quote from ras1234 :
I believe interest rates will go down next year sometime. I have a 100K CD coming due next week and I want to do a 5-year CD. The best I have found is a bank down the road from me paying 4.5% on a minimum of 100K.If I was to do a short-term CD this would have been a good deal.
I just checked Fidelity on my account. 5yr. @ 5.050 with Well Fargo. I have never purchased a CD, but I want to get something long term with some money. Doing Tbills right now. Will the rate ever go down during this term if interest rates drop?
Reply

Sign up for a Slickdeals account to remove this ad.

Joined May 2006
E - 1/2 - junk - 3/4 - F
> bubble2 3,522 Posts
537 Reputation
dregan
11-06-2023 at 03:22 PM.
11-06-2023 at 03:22 PM.
Quote from doughnet :
Shame. I just tossed majority of my savings into a US Bank money market account. This would have been just as good.
A) this is better
B) money market account you should be able to pull your money right back out
Reply
Joined Dec 2014
L5: Journeyman
> bubble2 684 Posts
153 Reputation
ras1234
11-06-2023 at 03:42 PM.
11-06-2023 at 03:42 PM.
Quote from BraveHealth1818 :
I just checked Fidelity on my account. 5yr. @ 5.050 with Well Fargo. I have never purchased a CD, but I want to get something long term with some money. Doing Tbills right now. Will the rate ever go down during this term if interest rates drop?
If you have 5-year CD it will stay that rate till maturity.
Reply
Joined Sep 2018
L6: Expert
> bubble2 1,561 Posts
66 Reputation
Ryson11
11-06-2023 at 04:28 PM.
11-06-2023 at 04:28 PM.
What do people do after they get the bonus? Keep the account or close it and transfer money back to original account?
Reply
Joined Sep 2018
L6: Expert
> bubble2 1,561 Posts
66 Reputation
Ryson11
11-06-2023 at 04:30 PM.
11-06-2023 at 04:30 PM.
Quote from jarofasheesh :
Under 6%. 1500 on 100,000 = 1.5% that 1500 would earn 4.3% as well so thats 64.50. 1564.50 on 100k is 1.5645%. That plus 4.3% = 5.8645%. Also, this is assuming savings rate remains elevated. Rates are variable.

So is this worth it or not lol?
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
558 Reputation
newbharry
11-06-2023 at 04:33 PM.
11-06-2023 at 04:33 PM.
Quote from Ryson11 :
What do people do after they get the bonus? Keep the account or close it and transfer money back to original account?
Close it right away so your window can open again in 2 years
Reply
Joined Sep 2018
L6: Expert
> bubble2 1,561 Posts
66 Reputation
Ryson11
11-06-2023 at 04:34 PM.
11-06-2023 at 04:34 PM.
Quote from newbharry :
Close it right away so your window can open again in 2 years

It seems like a good deal and free money…
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
558 Reputation
newbharry
11-06-2023 at 04:34 PM.
11-06-2023 at 04:34 PM.
Quote from jarofasheesh :
Under 6%. 1500 on 100,000 = 1.5% that 1500 would earn 4.3% as well so thats 64.50. 1564.50 on 100k is 1.5645%. That plus 4.3% = 5.8645%. Also, this is assuming savings rate remains elevated. Rates are variable.
No the effective rate is higher because 1.5% needs to multiply by 4 since you're only doing this for 1 qtr of the year...

It's 6% + 4.3%
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
558 Reputation
newbharry
11-06-2023 at 04:41 PM.
11-06-2023 at 04:41 PM.
Quote from oasisallure :
$200 for 25k now, are you sure it's for existing customer? Fine print doesn't say it's for current customer
This was in September.. I made a post on Slickdeals about it..

https://slickdeals.net/f/16914907-discover-bank-ymmv-existing-account-deposit-15k-for-150-or-25k-for-200?src=SiteSearchV2Algo
Reply
Page 13 of 36
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.