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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
298,846 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
298,846 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 Sep 2009
L7: Teacher
> bubble2 2,442 Posts
166 Reputation
PoLusImo
11-27-2023 at 11:51 AM.
11-27-2023 at 11:51 AM.
Did you hear from them?
Quote from soldiersinx :
So I submitted my identification, how long did it take you guys until the account was fully setup? I am still waiting for an account number or confirmation my account was completed. Thanks.
Reply
Joined Dec 2006
L8: Grand Teacher
> bubble2 3,947 Posts
587 Reputation
moSom
11-27-2023 at 10:05 PM.
Reply
Joined Nov 2009
L4: Apprentice
> bubble2 491 Posts
258 Reputation
Pro
soldiersinx
11-28-2023 at 07:11 AM.
11-28-2023 at 07:11 AM.
Quote from PoLusImo :
Did you hear from them?
Yes, I got an email and I had to call them. A live person had to verify my identification that I submitted. Once that was done, they helped me establish access for me to complete my account.

For others, is there a way to see that the fall23 code was applied. I took a picture of the process, but just want to be sure. Thanks!
Reply
Joined Sep 2009
L7: Teacher
> bubble2 2,442 Posts
166 Reputation
PoLusImo
11-28-2023 at 07:38 AM.
11-28-2023 at 07:38 AM.
Quote from soldiersinx :
Yes, I got an email and I had to call them. A live person had to verify my identification that I submitted. Once that was done, they helped me establish access for me to complete my account.

For others, is there a way to see that the fall23 code was applied. I took a picture of the process, but just want to be sure. Thanks!

Thanks, got the automated email that can proceed with the application online and opened the account. Called CSR to confirm the promo code and it was confirmed that it is attached and will receive the bonus once eligibility criteria are met.
Reply
Joined Dec 2019
L3: Novice
> bubble2 142 Posts
14 Reputation
gokuthegr8
11-29-2023 at 11:53 AM.
11-29-2023 at 11:53 AM.
This vs discover high yield savings. Which one would you guys recommend?
Reply
Joined Sep 2018
L6: Expert
> bubble2 1,805 Posts
70 Reputation
Ryson11
11-29-2023 at 02:12 PM.
11-29-2023 at 02:12 PM.
Quote from gokuthegr8 :
This vs discover high yield savings. Which one would you guys recommend?

What's it matter? Keep both and use this one for promotion offer.
Reply
Joined Dec 2005
L6: Expert
> bubble2 1,858 Posts
225 Reputation
FLTURD
11-29-2023 at 02:32 PM.
11-29-2023 at 02:32 PM.
is this math right?


To calculate the annualized return when you've earned $2,500 on a $100,000 investment over a 90-day period, you can use the following formula:
Annualized Return=(Ending ValueBeginning Value)365Number of Days−1Annualized Return=(Beginning ValueEnding Value​)Number of Days365​−1
In this case, the beginning value is the initial investment ($100,000), and the ending value is the value after 90 days.
Annualized Return=(100,000+2,500100,000)36590−1Annualized Return=(100,000100,000+2,500​)90365​−1
Annualized Return=(102,500100,000)4.0556−1Annualized Return=(100,000102,500​)4.0556−1
Annualized Return=1.02554.0556−1Annualized Return=1.02554.0556−1
Annualized Return≈0.1049Annualized Return≈0.1049
So, the annualized return is approximately 10.49%, meaning that if the investment continued to grow at the same rate over a full year, you would expect a return of around 10.49%.
Reply

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Joined Apr 2023
New User
> bubble2 1 Posts
10 Reputation
PowerfulClover2773
11-29-2023 at 08:37 PM.
11-29-2023 at 08:37 PM.
Quote from acbharath14 :
They don't. I have got my bonus already
Do you have to keep full money till you get bonus? How long after 105 days do you get the bonus? Is it OK if I can take most money out after 105 days and still qualify for the bonus? Thanks.
Reply
Joined Nov 2017
New User
> bubble2 8 Posts
10 Reputation
wule999
11-30-2023 at 12:03 AM.
11-30-2023 at 12:03 AM.
Looks like you have until 1/9/2024 to open an account now.
Reply
Joined Sep 2014
L5: Journeyman
> bubble2 640 Posts
107 Reputation
acbharath14
11-30-2023 at 05:48 AM.
11-30-2023 at 05:48 AM.
Quote from PowerfulClover2773 :
Do you have to keep full money till you get bonus? How long after 105 days do you get the bonus? Is it OK if I can take most money out after 105 days and still qualify for the bonus? Thanks.
As long as you meet 105 days, you should be qualified for the bonus. After that even if you withdraw until the time, they credit the bonus, that doesn't disqualify you from the bonus
Reply
Joined Jan 2009
L9: Master
> bubble2 4,996 Posts
574 Reputation
bigballs
11-30-2023 at 10:56 AM.
11-30-2023 at 10:56 AM.
Quote from PowerfulClover2773 :
Do you have to keep full money till you get bonus? How long after 105 days do you get the bonus? Is it OK if I can take most money out after 105 days and still qualify for the bonus? Thanks.
I read in one of the earlier posts that you can remove money as soon as you get the bonus. It's treated as interest so I'm not sure how they can take it back. I will wait for what others post here. I rather lock in the 5.6% yield CD at close to 2 years as possible fast.
Reply
Joined Aug 2010
B!tch Please
> bubble2 6,270 Posts
641 Reputation
Truth-Serum
11-30-2023 at 01:18 PM.
11-30-2023 at 01:18 PM.
Quote from Ryson11 :
What's it matter? Keep both and use this one for promotion offer.
Personally I would close one or both in order to take advantage of future bonus offers. Most banks don't give offers to current customers.
Reply
Joined Sep 2009
\m/ Metal \m/
> bubble2 4,718 Posts
745 Reputation
metaldood
11-30-2023 at 01:27 PM.
11-30-2023 at 01:27 PM.
Pain to transfer $50k. I got so many errors when transferring using ACH Pull. Loading up the account with ACH Pull, Push and Mobile check deposit
Reply
Joined Aug 2010
B!tch Please
> bubble2 6,270 Posts
641 Reputation
Truth-Serum
11-30-2023 at 01:55 PM.
11-30-2023 at 01:55 PM.
Just opened the account
Reply

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Joined Aug 2008
L5: Journeyman
> bubble2 646 Posts
70 Reputation
zbs60
12-01-2023 at 11:43 AM.
12-01-2023 at 11:43 AM.
HI All

This deal has been extended to Jan 9 2024. OP might one to change the date.
Reply
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