Slickdeals is community-supported.  We may get paid by brands or deals, including promoted items.
Frontpage Advertiser Disclosure

Capital One 360 Performance Savings Account: Earn Up to $1500 Bonus Funds w/ 4.25% APY

Deposit $20K-100K+
(New Capital 360 Accounts)
+107 Deal Score
206,223 Views
Capital One offers New Accounts: Capital One 360 Performance Savings Account: Earn Up to $1,500 Bonus Funds w/ 4.35% -> now 4.25% 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 4.25% (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 April 2024.
Good Deal?

Original Post

Written by
Edited April 12, 2024 at 09:27 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%
  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.
Add Comment
Created 04-03-2024 at 07:00 AM by IGGUS
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+107
206,223 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.

Your comment cannot be blank.

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.

Sign up for a Slickdeals account to remove this ad.

Joined May 2008
Super Moderator
> bubble2 1,944 Posts
539 Reputation
Pro
Global Mod
pur | Staff
04-12-2024 at 09:40 AM.
04-12-2024 at 09:40 AM.
Quote from abso455 :
What does external sources mean? I moved money from capital one checking to the new savings account - would this qualify? Thanks

Unfortunately not

Quote :
Capital One considers externally sourced funds as any funds that are deposited into your account from a source that is not affiliated with Capital One, such as another financial institution
Like
Funny
>
Helpful
Not helpful
Reply
Joined Mar 2016
L3: Novice
> bubble2 252 Posts
49 Reputation
akshat1989
04-12-2024 at 12:26 PM.
04-12-2024 at 12:26 PM.
Quote from akshat1989 :
I transferred 50k into the account. My available balance is 0 but current balance is 50k. Why is this? It has been couple of days now since money was deducted from my other account.

It took 4 days for this to update. So sharing for other folks as well.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jun 2022
New User
> bubble2 18 Posts
10 Reputation
queenraft
04-12-2024 at 12:41 PM.
04-12-2024 at 12:41 PM.
Trying to meet deposit deadline: Does transfer date count? or balance available date? They hold it for 4 business days before it becomes available, not sure what is counted towrds 15 days period?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Mar 2016
L3: Novice
> bubble2 252 Posts
49 Reputation
akshat1989
04-12-2024 at 04:38 PM.
04-12-2024 at 04:38 PM.
Can anyone confirm if $20000 is enough or should it be $20001?
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jan 2021
New User
> bubble2 12 Posts
18 Reputation
Flexr
04-12-2024 at 04:53 PM.
04-12-2024 at 04:53 PM.
Well Capital One sneakily reduced the APY from 4.35% to 4.25% without telling us and even before FED reducing the rate. This is kinda disappointing since if they keep reducing the rate there will be a certain point where the bonus is not worth it anymore. Can just park money in Betterment for 5.25% with FDIC insurance, for example.
2
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Feb 2005
L10: Grand Master
> bubble2 6,055 Posts
720 Reputation
DealsAllTheWay
04-13-2024 at 03:10 PM.
04-13-2024 at 03:10 PM.
Any way to get this deal if you're an existing customer?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Mar 2013
L3: Novice
> bubble2 187 Posts
41 Reputation
daslyvillian
04-14-2024 at 08:46 AM.
04-14-2024 at 08:46 AM.
I'm doing it as an existing customer.

Also, does it have to be a push or can it be a pull. I would love to schedule the pull, b/c Sofi doesn't have a future transfer option.
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Oct 2012
L6: Expert
> bubble2 1,999 Posts
233 Reputation
BenM5
04-14-2024 at 04:33 PM.
04-14-2024 at 04:33 PM.
Quote from Flexr :
Well Capital One sneakily reduced the APY from 4.35% to 4.25% without telling us and even before FED reducing the rate. This is kinda disappointing since if they keep reducing the rate there will be a certain point where the bonus is not worth it anymore. Can just park money in Betterment for 5.25% with FDIC insurance, for example.
100k at 5.25% is 437.5 per month. there are no way that it can beat cap1 whatever % + 1500 bonus in 3 month.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Nov 2006
L10: Grand Master
> bubble2 12,236 Posts
1,049 Reputation
poohbie
04-14-2024 at 08:05 PM.
04-14-2024 at 08:05 PM.
Quote from Flexr :
Well Capital One sneakily reduced the APY from 4.35% to 4.25% without telling us and even before FED reducing the rate. This is kinda disappointing since if they keep reducing the rate there will be a certain point where the bonus is not worth it anymore. Can just park money in Betterment for 5.25% with FDIC insurance, for example.
Most all the other big online banks have done the same, dropping their rate 0.1%. Like Marcus and Ally.

Doing it for the bonus, that the rate is competitive is an additional bonus.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jan 2011
L4: Apprentice
> bubble2 316 Posts
24 Reputation
AgentH2O
04-15-2024 at 11:21 AM.
04-15-2024 at 11:21 AM.
So, I used to have an account with them back in 2021. I closed it. I signed up using the same email I used back then and they prompted me with my old login username. Should I have used another email? Did I screw up the chance of the promo?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Dec 2005
L7: Teacher
> bubble2 2,323 Posts
800 Reputation
SlikRick
04-15-2024 at 11:24 AM.
04-15-2024 at 11:24 AM.
Quote from AgentH2O :
So, I used to have an account with them back in 2021. I closed it. I signed up using the same email I used back then and they prompted me with my old login username. Should I have used another email? Did I screw up the chance of the promo?
I'm sure they identify your account history based on ssn and not the username. If you satisfy the terms, even as a previous customer, no reason why you would be denied the bonus
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jan 2011
L4: Apprentice
> bubble2 316 Posts
24 Reputation
AgentH2O
04-15-2024 at 11:28 AM.
04-15-2024 at 11:28 AM.
Quote from SlikRick :
I'm sure they identify your account history based on ssn and not the username. If you satisfy the terms, even as a previous customer, no reason why you would be denied the bonus
Great! Makes sense. Thank you!
Like
Funny
>
Helpful
Not helpful
Reply
Joined Nov 2011
L3: Novice
> bubble2 163 Posts
85 Reputation
coolraj
04-15-2024 at 02:30 PM.
04-15-2024 at 02:30 PM.
Is, 15-days includes weekends or working days only, if working days only, then logically it will be 3 weeks by which amount must be deposited? Am I right?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Oct 2017
New User
> bubble2 2 Posts
10 Reputation
earthdogchau
04-15-2024 at 03:09 PM.
04-15-2024 at 03:09 PM.
Also said that it might take up to 60 days to receive the bonus so there's a possibility of waiting another 2 months.
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Feb 2014
New User
> bubble2 8 Posts
10 Reputation
dl3427
04-17-2024 at 03:23 AM.
04-17-2024 at 03:23 AM.
When does this deal expire? What is the fastest way to get my money in if I transfer PenFed credit union? Thanks!
Like
Funny
>
Helpful
Not helpful
Reply
Page 19 of 23
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.