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Slickdeals Forums Hot Deals Capital One 360 Performance Savings Account: Earn Up to $1500 Bonus Funds w/ 4.10% APY Deposit $20K-100K+ (New Capital 360 Accounts)

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Capital One 360 Performance Savings Account: Earn Up to $1500 Bonus Funds w/ 4.10% APY

Deposit $20K-100K+

(New Capital 360 Accounts)

+121 Deal Score

274,547 Views 402 Comments

Capital One offers New Accounts: Capital One 360 Performance Savings Account: Earn Up to $1,500 Bonus Funds w/ 4.35% -> 4.25% -> now 4.10% 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, fund the account and apply promo code BONUS1500 to receive this promotional bonus offer (detailed instructions below).

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, 2022, you will be ineligible for this bonus offer.

Thanks to community member IGGUS for finding this deal.

Deal Instructions

Open a new Capital One 360 Performance Savings Account w/ promo code BONUS1500
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 4.10% (APY) Annual Percentage Yield
Hold the deposit(s) in your account for 90-days after the 15-day Initial Funding Period ends
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

Note: Click here for more information on Best High-Yield Savings Accounts of October 2024.

Apply Now

Original Post

Written by Edited October 21, 2024 at 04:22 PM by

Looks a lot like the Fall23 signup bonus, now accessible with full details in below link. 0.05% APY better than prior offers too.

Deal Instructions:

Open a new Capital One 360 Performance Savings Account [capitalone.com] w/ promo code BONUS1500
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 4.35% (APY) Annual Percentage Yield - Now ~~4.25%~~ 4.10%
Hold the deposit(s) in your account for 90-days after the 15-day Initial Funding Period ends
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

BONUS1500 Promo code during account creation to be eligible. I've personally just gone through this today, and the promo was auto-applied, showing in top banner of each page as I went through the signup. They almost caught me to create a new Savings account too with a single click, but skipped that one. On the following screen it showed me my new account and routing numbers, along with the promo details, the code and terms listed yet again.
No published expiry date at this time.

Qualifying deposit will be judged by the balance in your account from days 15-105 of account opening. For example, if you had funded the account with $50 on day 2, but then transferred $99,950 on day 14, you're eligible for $1500 bonus back in your account by day 165 of account opening. Alternatively, if you added $20,001 on day 2 and left it there until withdrawing $2 on day 104, you will receive a $0 bonus.

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Created 04-03-2024 at 07:00 AM by IGGUS

in Financial Tools & Services (7) See More Capital One Offers

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Deal
Score +121

274,547 Views

402 Comments

Deposit $20K-100K+

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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.

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Featured Comments

Surprised that nobody in this thread even understands what's going on. For $20,000, 4.35% APY over 3 months is $217.50, however you're also getting a $300 bonus, so you're getting $517.50 for 3 months. That equates to10.35% APY.

This is the same for the other deposit amounts.

Doesn't look like it if you currently have one.
They clearly address that at the beginning of the footnotes at bottom of main deal page, listing multiple account types open with them "on or after January 1, 2022" as making you ineligible for this offer. I'd encourage all to RTFM for straightforward questions like these.

There are quite a few other High Yield Savings Accounts that don't have such restrictions and have higher rates of return. Here's a list I compiled this morning:

APY
Amex: 4.35
Sofi: 4.6, $300 bonus direct deposit
Synchrony: 4.75
Wealthfront: 5.00 (get .5 bonus for 3 months if you refer a friend)
Citbank: 5.05 (5k minimum deposit)
Texas capital: 5.1
Everbank: 5.15
Ufb direct: 5.25
Western alliance: 5.36

For 100k you would earn $5,360 per year at Western versus $4,350 + 1500 = $5,850 with the Capital One deal. If you have less than 100k to invest the other options are better.

IGGUS

Joined Dec 2007

LΩ: Anti-Luddite

1,438 Posts

975 Reputation

Original Poster

IGGUS

04-04-2024 at 06:33 AM.

Quote from namlook

Great offer. This is a much better deal than any CD or high interest account.

If you deposit $50k for 90 days that's around $535 interest
$535 + $750 = $1285 which is more than a 10% return

Quote from holly_molly

So you just close the account after 90 days?

Money is with Cap1 until at least day 106 from account opening. Read my original post/the Cap1 offer page for the specifics.

slicksdeal

Joined Jul 2017

L6: Expert

1,412 Posts

164 Reputation

slicksdeal

04-04-2024 at 06:38 AM.

Quote from Putin

It's not the same tho. Also 5.04% - 0.42% of expenses.

"You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so."

VUSXX pays 5.4% APY after fees

AgentH2O

Joined Jan 2011

L4: Apprentice

320 Posts

24 Reputation

AgentH2O

04-04-2024 at 06:39 AM.

I closed my 360 performance saving account back in April 2021. Will I be okay or too close to the date?

Vice_Monkey

Joined Sep 2017

L6: Expert

1,071 Posts

128 Reputation

Vice_Monkey

04-04-2024 at 06:44 AM.

Quote from Slikku

My response was I'm not shopping at that store because I have this vehicle, I have this vehicle because I shop at this store.

except that's trickle-on bootstraps nonsense.

Vice_Monkey

Joined Sep 2017

L6: Expert

1,071 Posts

128 Reputation

Vice_Monkey

04-04-2024 at 06:46 AM.

Quote from slicksdeal

VUSXX pays 5.4% APY after fees

compound yield isn't the same thing.

slicksdeal

Joined Jul 2017

L6: Expert

1,412 Posts

164 Reputation

slicksdeal

04-04-2024 at 06:47 AM.

This is effectively a 7.5% interest rate (if it takes about 6 months to get the bonus)

Oil_Burner

Joined May 2018

L6: Expert

1,000 Posts

66 Reputation

Oil_Burner

04-04-2024 at 06:49 AM.

Quote from VirtualMF

AMEX personal savings team will price match if you speak to them nicely, they did it for me for 6 months when Ally was running their 5.15% promo last year.

eatgreens20013

Joined May 2023

L3: Novice

166 Posts

eatgreens20013

04-04-2024 at 07:36 AM.

the federal reserve will cut the fed rate some time this year, so i'd get this deal if i had non-emergency savings of over $20K cash

diavolo33

Joined May 2007

L10: Grand Master

8,324 Posts

3,076 Reputation

diavolo33

04-04-2024 at 07:39 AM.

Quote from eatgreens20013

the federal reserve will cut the fed rate some time this year, so i'd get this deal if i had non-emergency savings of over $20K cash

Why couldn't emergency funds be used? There's no risk of loss and the money is available on demand with no penalty.

jwcalla

Joined Oct 2011

L3: Novice

212 Posts

32 Reputation

jwcalla

04-04-2024 at 08:00 AM.

There was an 18-month or so period the past couple of years where I was aggressively chasing all these bank bonus deals and made a disgusting amount of money.

Narnomor

Joined Oct 2015

L3: Novice

222 Posts

25 Reputation

Narnomor

04-04-2024 at 08:08 AM.

I did this last year but I only put $50,000. I got my $500 easily and to this day I kick myself that I didn't put a 100K. . This current deal is a lot better if you have the money, go for it. It's free money

pug_ster

Joined Aug 2007

L9: Master

4,487 Posts

938 Reputation

pug_ster

04-04-2024 at 08:13 AM.

I brought some 10-20 years FHLB and FHLMC agency bonds which gives around 6-6.4% interest. yes it is 10-20 years but they are callable and they usually liquidate the assets within a year.

oxygenmm

Joined Feb 2014

L2: Beginner

57 Posts

35 Reputation

oxygenmm

04-04-2024 at 08:24 AM.

I recommended this deal to a friend last December. It's been over 90 days and they never received the bonus when they called Capital One they were told to wait until June - Ridiculous!! Terns were 90 days

THruxster

Joined Jul 2005

L3: Novice

242 Posts

THruxster

04-04-2024 at 08:29 AM.

I started applying and it says 2 days a rep will contact after uploading DL.

Quote from oxygenmm

hpham_53

Joined Mar 2017

L10: Grand Master

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hpham_53

04-04-2024 at 08:32 AM.

Quote from slicksdeal

This is effectively a 7.5% interest rate (if it takes about 6 months to get the bonus)

It does take about 6 months to get the bonus, but your money is only locked up for 15 + 90 days, after that you can pull the money out and leave just a few bucks in the account so they won't close it.