Original Post
Written by
Edited November 4, 2023
at 09:09 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.
537 Comments
Your comment cannot be blank.
Featured Comments
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).
Sign up for a Slickdeals account to remove this ad.
(i already opened for myself in the spring/summer when they had this last time)
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).
if you put in 100k and left it there 90 days, and earned $1,500 that's 1.5% for 90 days or 6%. The APY for an account for a full year would probably run about 5%, approximately, since the other 9 months would only be at 4.3%. but you're right, you get the bonus and the 4.3%. if you keep it there a year.
You can but only $5K at a time.
So wire transfer is the only option for 50k+ transfer?
No. You can do ACH push (initiated from the source account) or ACH pull (initiated from the Capital One account). I did mine by using both to overcome the 25k limit. But doing $25k transfer 4 days in a row is not that bad.
Not eligible for this offer
You're not eligible to use the promo code FALL23. This promo only applies to new customers.
You can still open your new account in less than 5 minutes without a promo code—want to continue?
I've an account already, but it's not "Capital One 360 Performance Saving Account"
Note, offer valid for New Capital One 360 Performance Saving Account only.
Anybody experienced the same issue?
Sign up for a Slickdeals account to remove this ad.
1. the interest starts from day 1 (including the first 15 days) once you load the money
2. You don't need to maintain all the amount after 105 days to receive the bonus (during the next 60 days)
5.8% apy for a year, 4.3% + 1.5%
However back of the envelope calculation:
$100k @ 4.3% for 5 months (max time to get bonus) = $1792 + $1500 bonus = ($3292 x 12 / 5) / $100k = 7.9% apy (or better) equivalent?!!?!
Holy cow!!!
Santa rally seems to be on the cards 😂.
BUT if this bonus scaled with higher amounts, I would've put much more than 100K.
Not eligible for this offer
You're not eligible to use the promo code FALL23. This promo only applies to new customers.
You can still open your new account in less than 5 minutes without a promo code—want to continue?
I've an account already, but it's not "Capital One 360 Performance Saving Account"
Note, offer valid for New Capital One 360 Performance Saving Account only.
Anybody experienced the same issue?
No you can do account to account transfer if other account permits 100 k
Can you please try calling them?
Sign up for a Slickdeals account to remove this ad.