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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
298,781 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.
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Deal
Score
+142
298,781 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 Dec 2004
L7: Teacher
> bubble2 2,664 Posts
5,109 Reputation
Pro
wgeronimo
12-08-2023 at 09:57 AM.
12-08-2023 at 09:57 AM.
Is the sign-up bonus taxable?
Reply
Joined Dec 2008
L4: Apprentice
> bubble2 484 Posts
58 Reputation
BayAreaMiss
12-08-2023 at 09:59 AM.
12-08-2023 at 09:59 AM.
Quote from wgeronimo :
Is the sign-up bonus taxable?
yes, you will get 1099
Reply
Joined Dec 2004
L7: Teacher
> bubble2 2,664 Posts
5,109 Reputation
Pro
wgeronimo
12-08-2023 at 10:17 AM.
12-08-2023 at 10:17 AM.
Quote from BayAreaMiss :
yes, you will get 1099
Thanks. Kinda kills it for me.
Reply
Joined May 2006
pennypinching-fu
> bubble2 1,255 Posts
819 Reputation
river
12-10-2023 at 02:00 PM.
12-10-2023 at 02:00 PM.
I had a Quicksilver card (now closed) and no other accounts with Capital One. Still have an active online login, and there are no accounts listed on there. Yet I'm got this when I tried to open the savings account: "You're not eligible to use the promo code FALL23. This promo only applies to new customers." Anyone else got the same message and was able to apply the promo through customer service?
Reply
Joined Aug 2008
L5: Journeyman
> bubble2 646 Posts
70 Reputation
zbs60
12-11-2023 at 04:12 PM.
12-11-2023 at 04:12 PM.
So, what do you guys think. I opened up my account online. I thought I'd fund it using funds from a no penalty c.d account I have at another bank. I can't do that they say. They deleted that account number and the promo code. They say I'm still eligible and all I have to do is fund it but I have to use a checking or savings account. But now if I fund it there no proof of me using the promo code on my end. They say they can see it on their side. Can I believe them? Banks aren't in business of giving money away if they don't have to.
Reply
Joined Jun 2016
L5: Journeyman
> bubble2 918 Posts
74 Reputation
kwchan79
12-13-2023 at 03:52 AM.
12-13-2023 at 03:52 AM.
Is the hold based on average balance over 90 days?

Is it ok if it fall below $20k for couple of days but top up with additional funds few days later so that average balance stay above required amount?
Reply
Joined Sep 2009
L7: Teacher
> bubble2 2,442 Posts
166 Reputation
PoLusImo
12-13-2023 at 06:47 AM.
12-13-2023 at 06:47 AM.
What do you mean by they deleted the account number and promo code?
Quote from zbs60 :
So, what do you guys think. I opened up my account online. I thought I'd fund it using funds from a no penalty c.d account I have at another bank. I can't do that they say. They deleted that account number and the promo code. They say I'm still eligible and all I have to do is fund it but I have to use a checking or savings account. But now if I fund it there no proof of me using the promo code on my end. They say they can see it on their side. Can I believe them? Banks aren't in business of giving money away if they don't have to.
Reply

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Joined Dec 2008
L6: Expert
> bubble2 1,310 Posts
134 Reputation
perdeal
12-13-2023 at 02:04 PM.
12-13-2023 at 02:04 PM.
Quote from kenpet :
What is the ACH pull limit for Capital One? Non-commercial banks are restricting 25K on a 28 day rollover limit with daily limit of 5K.

You should be able to pull 100k in on go with ACH. I had 5k limits if I wanted instant transfers, these appear the same day in the account.
If your bank is giving you so much trouble and restrictions, what's stopping customers from closing that account and requesting a check.
Reply
Joined Dec 2008
L6: Expert
> bubble2 1,310 Posts
134 Reputation
perdeal
12-13-2023 at 02:07 PM.
12-13-2023 at 02:07 PM.
Quote from giveNforgive :
So what is the best method to transfer from Chase to Capitalone?
Push fronm Chase or Pull from Capitalone?
Also, how long should it take for the transfer?

Thanks in advance !!

I did both, push didnt work and was auto cancelled in a week. Added external account at CO initiated pull, transaction was completed also in about a week
Reply
Joined Jul 2019
L4: Apprentice
> bubble2 306 Posts
26 Reputation
BraveHealth1818
12-14-2023 at 08:20 AM.
12-14-2023 at 08:20 AM.
If I open in my wife name and transfer from my Fidelity will that count ? I'm on a very tight window. Will not have access to funds until Dec 26.
Reply
Joined Aug 2008
L5: Journeyman
> bubble2 646 Posts
70 Reputation
zbs60
12-14-2023 at 12:37 PM.
12-14-2023 at 12:37 PM.
Quote from PoLusImo :
What do you mean by they deleted the account number and promo code?
Evidently you cant transfer funds out of a C.D. The C.D has to be closed. My C.D was active till march. When I opened up the savings account i used by C.Ds account number. When I called customer service they explained the funds have to be wired from another savings account or checking account. The lady went ahead and deleted the C.D account and said to redo my application with a savings account number. So that where im at now. The account code is no in my account that i can see but the customer service person can see it on her end. If i cant print out my application showing i used the promo code there no reason after 90 days they have to pay. I dont think its a good idea to waste time now with this offer.
Reply
Joined Jan 2015
L8: Grand Teacher
> bubble2 3,310 Posts
400 Reputation
kenpet
12-15-2023 at 05:13 AM.
12-15-2023 at 05:13 AM.
Quote from perdeal :
You should be able to pull 100k in on go with ACH. I had 5k limits if I wanted instant transfers, these appear the same day in the account.
If your bank is giving you so much trouble and restrictions, what's stopping customers from closing that account and requesting a check.
Thanks for the info. They have a decent savings rate...hence keeping them.
Reply
Joined Jan 2007
L3: Novice
> bubble2 199 Posts
38 Reputation
buontinh1
12-15-2023 at 07:27 AM.
12-15-2023 at 07:27 AM.
When this offer expired?
Reply
Joined Nov 2015
L9: Master
> bubble2 4,290 Posts
1,580 Reputation
dshoppr
12-15-2023 at 05:41 PM.
12-15-2023 at 05:41 PM.
Quote from buontinh1 :
When this offer expired?
it did not expire
Reply

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Joined Nov 2017
Baccanalion
> bubble2 68 Posts
62 Reputation
Baccanalion
12-15-2023 at 08:25 PM.
12-15-2023 at 08:25 PM.
Quote from Ryson11 :
What's it matter? Keep both and use this one for promotion offer.

True. Agreed
Reply
Last edited by Baccanalion December 15, 2023 at 08:27 PM.
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