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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
274,466 Views
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
  1. Open a new Capital One 360 Performance Savings Account w/ promo code BONUS1500
  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 4.10% (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
Note: Click here for more information on Best High-Yield Savings Accounts of October 2024.

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:
  1. Open a new Capital One 360 Performance Savings Account [capitalone.com] w/ promo code BONUS1500
  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 4.35% (APY) Annual Percentage Yield - Now 4.25% 4.10%
  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

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
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Deal
Score
+121
274,466 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.

401 Comments

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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.

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Joined May 2018
L6: Expert
> bubble2 1,000 Posts
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Oil_Burner
04-09-2024 at 12:22 PM.
04-09-2024 at 12:22 PM.
Quote from CoastMark :
Can you elaborate? I currently have around $75k in Amex high interest savings. Are you saying they'll potentially up my interest rate if I call? Or only when opening a new account with them?
Please do call them and check, not sure if balance plays a role - I did have the funds that came from a sale of my house in an expensive state and my possible opportunity to take the funds somewhere else may have been the driving factor.
Reply
Joined Apr 2009
L3: Novice
> bubble2 276 Posts
41 Reputation
dalewoo
04-09-2024 at 12:53 PM.
04-09-2024 at 12:53 PM.
Opened account on Dec 26, funded the account on Jan 03. Received the $1500 bonus on 4/8

Very happy!
Reply
Joined Aug 2011
L2: Beginner
> bubble2 57 Posts
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shinery
04-10-2024 at 06:27 AM.
04-10-2024 at 06:27 AM.
One question: Can I start earning the 4.35% APY interest from day 1 to day 15 if I fund the account earlier? Can I fund the account more than 6 times?
Reply
Joined Feb 2023
L6: Expert
> bubble2 1,093 Posts
114 Reputation
oasisallure
04-10-2024 at 08:24 AM.
04-10-2024 at 08:24 AM.
I have 360 checking, can I earn this savings bonus? thanks!
Reply
Joined Apr 2017
L2: Beginner
> bubble2 39 Posts
18 Reputation
kimomo
04-10-2024 at 10:34 AM.
04-10-2024 at 10:34 AM.
Quote from oasisallure :
I have 360 checking, can I earn this savings bonus? thanks!
Yes, you can. I have both, just checking bonus deposited much earlier than saving.
Reply
Joined Nov 2016
L3: Novice
> bubble2 167 Posts
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SuperOrgasm
04-10-2024 at 11:44 AM.
04-10-2024 at 11:44 AM.
Once you put your money in, the bank will loan it all out and also borrow against it, inflation at its finest.
2
Reply
Joined May 2008
L6: Expert
> bubble2 1,328 Posts
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bkobe7
04-10-2024 at 11:47 AM.
04-10-2024 at 11:47 AM.
Quote from shinery :
One question: Can I start earning the 4.35% APY interest from day 1 to day 15 if I fund the account earlier? Can I fund the account more than 6 times?
Interest is earned on your balance regardless of this promo. You can fund the account as many times as you wish, but for the purpose of this promo, you need to meet thresholds by day 15. If I'm not mistaken, you are limited to 6 penalty-free withdrawal per month/statement but Capital One is not currently enforcing this.
Reply

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Joined Sep 2010
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> bubble2 799 Posts
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Flawless700
04-10-2024 at 12:05 PM.
04-10-2024 at 12:05 PM.
Quote from bkobe7 :
Interest is earned on your balance regardless of this promo. You can fund the account as many times as you wish, but for the purpose of this promo, you need to meet thresholds by day 15. If I'm not mistaken, you are limited to 6 penalty-free withdrawal per month/statement but Capital One is not currently enforcing this.

Regulation D, the savings withdrawal limit, was indefinitely suspended during Covid relief and will likely never come back.
Reply
Joined Sep 2010
L4: Apprentice
> bubble2 317 Posts
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Mighty1
04-10-2024 at 12:17 PM.
04-10-2024 at 12:17 PM.
Is it a headache to transfer your money back OUT of Capital One?
Reply
Joined Aug 2005
L6: Expert
> bubble2 1,686 Posts
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keanefan72
04-10-2024 at 01:22 PM.
04-10-2024 at 01:22 PM.
Quote from SuperOrgasm :
Once you put your money in, the bank will loan it all out and also borrow against it, inflation at its finest.
Same as anywhere else. The money just doesn't sit there. It gets used to make more money. You are making money off of it too. Where's the problem?
Reply
Joined Nov 2016
L3: Novice
> bubble2 167 Posts
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SuperOrgasm
04-10-2024 at 02:02 PM.
04-10-2024 at 02:02 PM.
Quote from keanefan72 :
Same as anywhere else. The money just doesn't sit there. It gets used to make more money. You are making money off of it too. Where's the problem?
Because inflation weakens the currency. Prints money out of thin air, and the people ultimately suffer as buying power is decreased. Thats the problem.
Reply
Joined Feb 2017
L2: Beginner
> bubble2 70 Posts
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jmarston4
04-10-2024 at 02:48 PM.
04-10-2024 at 02:48 PM.
Quote from Flawless700 :
It is not 120 days. It is 90 days. The figures are better than you describe.

It is 105 days technically. From the fine print:

"STEP 3—Hold Period. You will earn a bonus once you've maintained an account balance at or above 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."
Reply
Joined Jul 2006
L6: Expert
> bubble2 1,274 Posts
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kevolution
04-10-2024 at 02:50 PM.
04-10-2024 at 02:50 PM.
Quote from SuperOrgasm :
Once you put your money in, the bank will loan it all out and also borrow against it, inflation at its finest.
Every bank does that, so I don't understand the point of your post? It's not like Capital One is the only bank doing that. At least they're giving you a bonus for the deposit.
Reply
Joined Jul 2006
L6: Expert
> bubble2 1,274 Posts
162 Reputation
kevolution
04-10-2024 at 02:51 PM.
04-10-2024 at 02:51 PM.
Quote from SuperOrgasm :
Because inflation weakens the currency. Prints money out of thin air, and the people ultimately suffer as buying power is decreased. Thats the problem.
If that's already happening, doesn't it make more sense to actually do this deal to keep up with inflation? If you're not doing it because "it contributes to inflation", then you'll just be behind everyone else.
Reply

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Joined Aug 2011
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> bubble2 57 Posts
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shinery
04-10-2024 at 03:05 PM.
04-10-2024 at 03:05 PM.
Quote from bkobe7 :
Interest is earned on your balance regardless of this promo. You can fund the account as many times as you wish, but for the purpose of this promo, you need to meet thresholds by day 15. If I'm not mistaken, you are limited to 6 penalty-free withdrawal per month/statement but Capital One is not currently enforcing this.
That's what I wanna know, thx for the confirmation !
Reply
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