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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 2019
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> bubble2 294 Posts
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BraveHealth1818
11-07-2023 at 06:47 AM.
11-07-2023 at 06:47 AM.
Quote from trooper1414 :
Does anyone know how easy is it to withdraw funds at the end of the offer?
Cp1 has always been easy to transfer back and forth. I haven't had a issue in the last couple of years.
Reply
Joined Sep 2015
L6: Expert
> bubble2 1,396 Posts
516 Reputation
soloma
11-07-2023 at 07:04 AM.
11-07-2023 at 07:04 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).
I was not able to fund savings account!!! just called these folks and after 30 minutes on the line they told me "you are new customer, your limit for ACH is $5000. these limits assigned by the system and we cannot modify them. so use wire transfer and pay $30". They also confirmed that this limit is for in and outs.
PS: they=C1
Reply
Last edited by soloma November 7, 2023 at 08:00 PM.
Joined Sep 2015
L6: Expert
> bubble2 1,396 Posts
516 Reputation
soloma
11-07-2023 at 07:06 AM.
11-07-2023 at 07:06 AM.
Quote from trooper1414 :
Does anyone know how easy is it to withdraw funds at the end of the offer?
see my reply -https://slickdeals.net/f/17035561-capital-one-upto-1500-account-openings-bonus?p=166842973#post166842973
I assume it will take weeks to pull money out or pay extra to use wire transfer
Reply
Joined Jul 2019
L3: Novice
> bubble2 294 Posts
26 Reputation
BraveHealth1818
11-07-2023 at 07:23 AM.
11-07-2023 at 07:23 AM.
Quote from soloma :
I was not able to fund savings account!!! just called these folks and after 30 minutes on the line they told me "you are new customer, your limit for ACH is $5000. these limits assigned by the system and we cannot modify them. so use wire transfer and pay $30". They also confirmed that this limit is for in and outs.
Hmmm, I guess it's different for Savings. I transfer my 360 to checking and then to Fidelity. I did 25k. I guess it's a limit on external. Crazy...
Reply
Joined Oct 2009
Shemomedjamo
> bubble2 11,635 Posts
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TekkenLord
11-07-2023 at 07:48 AM.
Reply
Joined Aug 2009
L6: Expert
> bubble2 1,655 Posts
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shystalips
11-07-2023 at 09:07 AM.
11-07-2023 at 09:07 AM.
Quote from soloma :
I was not able to fund savings account!!! just called these folks and after 30 minutes on the line they told me "you are new customer, your limit for ACH is $5000. these limits assigned by the system and we cannot modify them. so use wire transfer and pay $30". They also confirmed that this limit is for in and outs.

Wait, what? Can I not just fund this with transfer from say... wells Fargo checking account? How is this a deal for new customers then?
Reply
Joined Apr 2012
L3: Novice
> bubble2 272 Posts
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cjcummings
11-07-2023 at 11:25 AM.
11-07-2023 at 11:25 AM.
I had opened an account and scheduled a external bank transfer. My current bank called me in regards to possible fraud as they saw a test deposit of 1 penny. I was ready to let them know this was expected but the test deposit was a eBay test deposit from Liam Collums.. description eBay account verification. What weird timing
Reply

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Joined Nov 2005
L6: Expert
> bubble2 1,782 Posts
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CorNut
11-07-2023 at 11:46 AM.
11-07-2023 at 11:46 AM.
I just got a Discover $20k personal loan for a siding project on my rental and I won't need the $ for a few months. I decided to apply for this as a place to send it until I need it but it's saying I won't get an answer if I'm approved for 7-10 days which seems weird. I've been a checking customer (since it was ING Direct/before converting to capital one 360) for a long time. I find it odd that I'm not an instant approval, especially since I just got instant approval for a 6.99% unsecured personal loan. Hopefully it doesn't actually take that long.
Reply
Joined Sep 2015
L6: Expert
> bubble2 1,396 Posts
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soloma
11-07-2023 at 12:38 PM.
11-07-2023 at 12:38 PM.
Quote from shystalips :
Wait, what? Can I not just fund this with transfer from say... wells Fargo checking account? How is this a deal for new customers then?
this is my step two - I'm adding C1 account to my "external" bank, will try to push money, but they told be ACH limit is the same for inbound and outbound. will see
PS: they=C1
Reply
Last edited by soloma November 7, 2023 at 08:02 PM.
Joined Nov 2023
New User
> bubble2 1 Posts
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Kover250
11-07-2023 at 03:09 PM.
11-07-2023 at 03:09 PM.
Quote from soloma :
this is my step two - I'm adding C1 account to my "external" bank, will try to push money, but they told be ACH limit is the same for inbound and outbound. will see.
Do you want to elaborate your statement? who is "they"? the inbound and outbound limits are imposed by C1 or another bank of yours where you try to push money from?
Reply
Joined Dec 2008
L6: Expert
> bubble2 1,303 Posts
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perdeal
11-07-2023 at 03:22 PM.
11-07-2023 at 03:22 PM.
Quote from soloma :
I was not able to fund savings account!!! just called these folks and after 30 minutes on the line they told me "you are new customer, your limit for ACH is $5000. these limits assigned by the system and we cannot modify them. so use wire transfer and pay $30". They also confirmed that this limit is for in and outs.
Doesn't make sense, what's stopping you from closing that account and getting a cashier check to make a deposit?
Reply
Joined Dec 2008
L6: Expert
> bubble2 1,303 Posts
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perdeal
11-07-2023 at 03:24 PM.
11-07-2023 at 03:24 PM.
Quote from manz123 :
Ach transfer. My older savings account was already linked with cap one when i utilized the 5% CD. Just initiated transfer. Its not instantaneous but takes a few days. We loose interest for those days but oh well…

Were you able to transfer the 100 in on go?
Reply
Joined Oct 2008
L4: Apprentice
> bubble2 495 Posts
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jfinkow
11-07-2023 at 04:42 PM.
11-07-2023 at 04:42 PM.
Called to finalize. Great customer service! And fully finalized, or course. Excellent deal.
Reply
Joined May 2015
L3: Novice
> bubble2 148 Posts
52 Reputation
Exposure
11-07-2023 at 04:47 PM.
11-07-2023 at 04:47 PM.
Just to clarify, this is a savings account so the APY is subject to change over time right?
After 106 days, it could drop from 4.5% to like 4%.

Would a 5.5% CD be just as profitable?

Thanks in advance for answering my questions, not super knowledgeable about this stuff
Reply

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Joined Dec 2009
L4: Apprentice
> bubble2 678 Posts
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searchdeal
11-07-2023 at 04:53 PM.
11-07-2023 at 04:53 PM.
How does 4.3% interest calculated? if i cancel/withdraw before 12 months, will i get any money?
Reply
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