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
298,927 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 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.
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+142
298,927 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 Jun 2004
L5: Journeyman
> bubble2 763 Posts
121 Reputation
gotkwah
11-09-2023 at 08:14 PM.
11-09-2023 at 08:14 PM.
Is there any min age restriction on this? Can i open one for each kid?

(i already opened for myself in the spring/summer when they had this last time)
Reply
Joined Feb 2018
L3: Novice
> bubble2 130 Posts
18 Reputation
Catfish500
11-09-2023 at 09:16 PM.
11-09-2023 at 09:16 PM.
Quote from nojmplease :
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).

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.
Reply
Joined Aug 2017
L3: Novice
> bubble2 288 Posts
385 Reputation
wantorneed
11-09-2023 at 10:11 PM.
11-09-2023 at 10:11 PM.
Quote from kb08 :
Can I do check deposit through mobile app to fund the 360 savings account ?

You can but only $5K at a time.
Reply
Joined Dec 2014
L3: Novice
> bubble2 179 Posts
14 Reputation
kb08
11-09-2023 at 11:38 PM.
11-09-2023 at 11:38 PM.
Quote from wantorneed :
You can but only $5K at a time.

So wire transfer is the only option for 50k+ transfer?
Reply
Joined Sep 2006
L5: Journeyman
> bubble2 871 Posts
127 Reputation
dingdong123
11-10-2023 at 01:07 AM.
11-10-2023 at 01:07 AM.
Quote from BayAreaMiss :
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
I just did that today. Checking and savings are different account. Terms mention prior savings account and not any account. Worst case there is still decent apy of 4.3%.
Reply
Joined Aug 2017
L3: Novice
> bubble2 288 Posts
385 Reputation
wantorneed
11-10-2023 at 01:28 AM.
11-10-2023 at 01:28 AM.
Quote from kb08 :
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.
Reply
Joined Jul 2005
L5: Journeyman
> bubble2 639 Posts
23 Reputation
apokrif
11-10-2023 at 06:05 AM.
11-10-2023 at 06:05 AM.
I've tried just now, got pop up message:
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? Confused
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Aug 2017
L2: Beginner
> bubble2 56 Posts
14 Reputation
guest17775
11-10-2023 at 07:31 AM.
11-10-2023 at 07:31 AM.
was talking to C1 support:
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)
Reply
Joined Jun 2009
L10: Grand Master
> bubble2 6,714 Posts
2,182 Reputation
ToadKilla
11-10-2023 at 09:07 AM.
11-10-2023 at 09:07 AM.
Quote from dregan :
Please double check my mafs,
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!!!
I've done this in the past. Whenever bonuses like these come along, it seems like markets are about to push higher. I put 25k in wells Fargo (IIRC) deal and 25k in VOO. VOO gave me $500 in my 25k investment within a week compared to WF that needed to wait 90 days or so.

Santa rally seems to be on the cards 😂.

BUT if this bonus scaled with higher amounts, I would've put much more than 100K.
Reply
Joined Sep 2014
L4: Apprentice
> bubble2 349 Posts
bodhimind
11-10-2023 at 11:04 AM.
11-10-2023 at 11:04 AM.
Dam.. My savings is $10k short of the $100k... $750 doesn't seem worth it to go scrounging around. Guess it'll just have to stay in my current 4.5% savings account
Reply
Joined Mar 2005
L9: Master
> bubble2 4,720 Posts
635 Reputation
thegman230
11-10-2023 at 11:13 AM.
11-10-2023 at 11:13 AM.
Quote from bodhimind :
Dam.. My savings is $10k short of the $100k... $750 doesn't seem worth it to go scrounging around. Guess it'll just have to stay in my current 4.5% savings account
Check your credit cards for zero percent or low fee balance transfer offers and low apr offers if you have high credit limits. You can do a deposit into your bank account and take advantage of this offer for the max. Then when you get the bonus just pay off the CC or don't if you have a zero apr for a year. Leave it in and make interest on that.
Reply
Joined Nov 2011
L3: Novice
> bubble2 170 Posts
38 Reputation
FIXIT007
11-10-2023 at 03:41 PM.
11-10-2023 at 03:41 PM.
Quote from apokrif :
I've tried just now, got pop up message:
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?
yes i am facing the same issue too, i did not have any savings account, but still getting error
Reply
Joined Oct 2014
L3: Novice
> bubble2 119 Posts
102 Reputation
Original Poster
srhearts
11-10-2023 at 08:02 PM.
11-10-2023 at 08:02 PM.
Quote from kb08 :
So wire transfer is the only option for 50k+ transfer?

No you can do account to account transfer if other account permits 100 k
Reply
Joined Oct 2014
L3: Novice
> bubble2 119 Posts
102 Reputation
Original Poster
srhearts
11-10-2023 at 08:03 PM.
11-10-2023 at 08:03 PM.
Quote from FIXIT007 :
yes i am facing the same issue too, i did not have any savings account, but still getting error

Can you please try calling them?
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Oct 2017
L2: Beginner
> bubble2 107 Posts
14 Reputation
Cocolumen
11-11-2023 at 02:01 PM.
11-11-2023 at 02:01 PM.
Argh...I forgot it requires an external fund...I just transferred 100k from my Capital one checking.....
Reply
Page 18 of 36
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.