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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
298,755 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
298,755 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 Nov 2017
Baccanalion
> bubble2 68 Posts
62 Reputation
Baccanalion
12-15-2023 at 08:27 PM.
12-15-2023 at 08:27 PM.
Quote from gokuthegr8 :
This vs discover high yield savings. Which one would you guys recommend?


They both are same . I have discover and I opened C1 and moved 100k for 1500 bonus ... Both pay 4.35 % . So it's about keeping money here vs there + $1500. You can always choose and remove one later or keep both...
Reply
Joined Jun 2011
L3: Novice
> bubble2 289 Posts
126 Reputation
looslee
12-16-2023 at 10:33 AM.
12-16-2023 at 10:33 AM.
Offer extended to 01/09/24
Reply
Joined May 2007
L5: Journeyman
> bubble2 598 Posts
127 Reputation
elshagon
12-16-2023 at 11:08 AM.
12-16-2023 at 11:08 AM.
I have a question, I currently have a CD which is about to come do through Capital One in my wife and my name and have never had a Capital One savings account. Can I create a savings account now, use this coupon and when the CD comes due in a couple weeks transfer the money over and receive the bonus?
Reply
Joined Jan 2015
L3: Novice
> bubble2 144 Posts
227 Reputation
somstein
12-18-2023 at 11:50 AM.
12-18-2023 at 11:50 AM.
Is this applicable only for single or even joint account for new customers?
Reply
Joined Aug 2021
L2: Beginner
> bubble2 47 Posts
10 Reputation
UniqueHaddock985
12-20-2023 at 05:19 PM.
12-20-2023 at 05:19 PM.
Is it legal to open this account under my newborn child SSN? Try to find information online but no one seem to mention it. Is it not a thing or completely illegal to do?
Reply
Joined Aug 2013
L3: Novice
> bubble2 158 Posts
14 Reputation
jackrosen
12-22-2023 at 10:34 AM.
12-22-2023 at 10:34 AM.
Can i fund it with a regular check from my bank account in a different bank?
Reply
Joined Sep 2009
L7: Teacher
> bubble2 2,442 Posts
166 Reputation
PoLusImo
12-26-2023 at 03:35 PM.
12-26-2023 at 03:35 PM.
If the baby can open and operate the account then why not Smilie

For your reading pleasure...https://www.capitalone.com/bank/d...s-account/

Quote from UniqueHaddock985 :
Is it legal to open this account under my newborn child SSN? Try to find information online but no one seem to mention it. Is it not a thing or completely illegal to do?
Reply
Last edited by PoLusImo December 26, 2023 at 03:40 PM.

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Joined Mar 2020
L2: Beginner
> bubble2 25 Posts
10 Reputation
GreyGame958
12-26-2023 at 05:47 PM.
12-26-2023 at 05:47 PM.
delete
Reply
Last edited by GreyGame958 January 4, 2024 at 03:47 AM.
Joined Jan 2004
L9: Master
> bubble2 4,459 Posts
513 Reputation
alreadyposted
12-26-2023 at 08:29 PM.
12-26-2023 at 08:29 PM.
Quote from UniqueHaddock985 :
Is it legal to open this account under my newborn child SSN? Try to find information online but no one seem to mention it. Is it not a thing or completely illegal to do?
Who can open an account: You must be a United States citizen or lawful permanent resident with a U.S. physical address located in one of the 50 United States or Washington, D.C., or with military addresses (APO or FPO). In order to open an account, you must be at least 18 years old with a valid Social Security Number, and with a U.S.-based mobile phone number. Individual Taxpayer Identification Numbers (ITINs) are acceptable for account opening in Branches and Capital One Cafés and your Linked Account must be with a bank chartered in the U.S
Reply
Joined Dec 2019
L3: Novice
> bubble2 142 Posts
14 Reputation
gokuthegr8
01-01-2024 at 09:54 AM.
01-01-2024 at 09:54 AM.
Hey guys. if i initiate a deposit from capital one side(from other account to capital one), will my other bank charge fees or something for the transfer?
Reply
Joined Sep 2012
雷小喵
> bubble2 432 Posts
97 Reputation
CatCatLei
01-02-2024 at 02:44 PM.
01-02-2024 at 02:44 PM.
I am getting "You're not eligible to use the promo code FALL23. This promo only applies to new customers." despite I only have credit cards with Capital One.

Well, I will have to pass then.
Reply
Joined Apr 2009
L7: Teacher
> bubble2 2,883 Posts
379 Reputation
crazycreations
01-02-2024 at 09:43 PM.
01-02-2024 at 09:43 PM.
So…. At 100k the deal is about $1500+$360(monthly), which is probably at around~5.5% APY by the first year.
Reply
Last edited by crazycreations January 2, 2024 at 09:46 PM.
Joined Apr 2009
L7: Teacher
> bubble2 2,883 Posts
379 Reputation
crazycreations
01-02-2024 at 09:51 PM.
01-02-2024 at 09:51 PM.
Quote from wgeronimo :
Thanks. Kinda kills it for me.

Gotta pay to play
Reply
Joined Jun 2016
L5: Journeyman
> bubble2 918 Posts
74 Reputation
kwchan79
01-03-2024 at 07:32 AM.
01-03-2024 at 07:32 AM.
Can i withdraw the interest earned during the first 105 days? I will keep the average balance above the qualifying amount
Reply

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Joined Nov 2004
L2: Beginner
> bubble2 70 Posts
22 Reputation
Hunt4m3x
01-03-2024 at 10:35 AM.
01-03-2024 at 10:35 AM.
Does anyone know does the 100k+ have to be deposited as one sum, or can it be from multiple sources? My Cap1 CD expires tomorrow @ 94k and I can put another 7k in from another source.
Reply
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