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)
+103 Deal Score
192,040 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
+103
192,040 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 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
Joined Nov 2006
L10: Grand Master
> bubble2 12,222 Posts
1,049 Reputation
poohbie
04-17-2024 at 09:45 PM.
04-17-2024 at 09:45 PM.
Quote from npnotesin :
TBIL ETF [ustreasuryetf.com] current yield is 5.42%
5.1% actually, as of 4/16. You'll get a better yield 5.45% holding the actual T-bill, but ETF is easier.
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Feb 2019
L2: Beginner
> bubble2 31 Posts
34 Reputation
MerryCemetery5588
04-18-2024 at 09:15 AM.
04-18-2024 at 09:15 AM.
Quote from IGGUS :
Ask your funding source if it makes a difference. Cap1 doesn't care how it gets to them in first 15 days, just get it to the threshold where you want it by day 14 so days 15 - 105 are set it and forget it. I specifically asked a phone rep this question in a couple different ways this AM.

For reference, I opened one of these accounts today, and skipped the transfer funds step. Around lunch time I added my source bank details in Cap1 portal, from one of the biggest US banks, to transfer 1 lump sum. Didn't even need to go through the step that takes a few days for me to verify the few pennies of test transfers.

Now saying they will have my funds next Wed.

I assume this will vary slightly for everyone, but take this as a sign that you MUST start to fund the account within a week of opening, or your balance on day 15 may not meet the threshold you want if the transfer hasn't yet fully settled.

Don't allow Cap1 the loophole to claw back the bonus!
How many actual days did it take for transfer to be completed? I just requested a transfer from Wellsfargo, capital one emailed me it will be complete 7 days, additional hold time may apply
Like
Funny
>
Helpful
Not helpful
Reply
Joined Sep 2009
L7: Teacher
> bubble2 2,365 Posts
154 Reputation
PoLusImo
04-18-2024 at 05:55 PM.
04-18-2024 at 05:55 PM.
There doesn't seem to be an expiration date. If PenFed CU allows large transfers, you can transfer from there to your CapOne account. Alternatively, you can transfer in from within Capital One. Worst case, you can wire money into Capital One and may have to pay $25 or so wire transfer fee to PenFed.
Quote from dl3427 :
When does this deal expire? What is the fastest way to get my money in if I transfer PenFed credit union? Thanks!
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Sep 2009
L7: Teacher
> bubble2 2,365 Posts
154 Reputation
PoLusImo
04-18-2024 at 05:58 PM.
04-18-2024 at 05:58 PM.
Irrespective of how many days it would take to complete, and when monies would be available to withdraw in CapOne, your deposit date is what would matter.
Quote from MerryCemetery5588 :
How many actual days did it take for transfer to be completed? I just requested a transfer from Wellsfargo, capital one emailed me it will be complete 7 days, additional hold time may apply
>
2
Like
Funny
>
Helpful
Not helpful
Reply
Joined Sep 2009
L7: Teacher
> bubble2 2,365 Posts
154 Reputation
PoLusImo
04-18-2024 at 06:02 PM.
04-18-2024 at 06:02 PM.
SGOV is just slightly lower. Can these ETFs go underwater?
Quote from poohbie :
5.1% actually, as of 4/16. You'll get a better yield 5.45% holding the actual T-bill, but ETF is easier.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Feb 2019
L2: Beginner
> bubble2 31 Posts
34 Reputation
MerryCemetery5588
04-18-2024 at 11:34 PM.
04-18-2024 at 11:34 PM.
Quote from PoLusImo :
Irrespective of how many days it would take to complete, and when monies would be available to withdraw in CapOne, your deposit date is what would matter.
i will call them to comfirm if thats the case to qualify for cash bonus
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Feb 2019
L2: Beginner
> bubble2 31 Posts
34 Reputation
MerryCemetery5588
04-19-2024 at 01:42 PM.
04-19-2024 at 01:42 PM.
Took 2 days to transfer from Wellsfargo to capital 1, according to CP1 support person already started earning interest(will check end of month/beginning next month to confirm)
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jan 2007
EEEEZZZZZ
> bubble2 7,897 Posts
1,019 Reputation
dadab
04-19-2024 at 05:44 PM.
04-19-2024 at 05:44 PM.
Not eligible for this offer
You're not eligible to use the promo code BONUS1500. This promo only applies to new customers.

You can still open your new account in less than 5 minutes without a promo code—want to continue?

I had an account with them but was closed in 2019. I've a C1 credit card that was recently opened. Not sure why it's excluding me from the promotion.

Edit: it appears to be once in lifetime kind of promotion, since I did have this account closed in 2019. Bummer.
1
Like
Funny
>
Helpful
Not helpful
Reply
Last edited by dadab April 19, 2024 at 06:06 PM.
Joined Mar 2024
New User
> bubble2 1 Posts
10 Reputation
EagerChannel7691
04-19-2024 at 09:35 PM.
04-19-2024 at 09:35 PM.
Anyone knows if P2P transfers in like Zelle or Venmo from another bank count as external sourced funds for this promo?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Mar 2011
L10: Grand Master
> bubble2 10,761 Posts
1,192 Reputation
gibsonbass
04-19-2024 at 09:51 PM.
04-19-2024 at 09:51 PM.
I opened the account of 2020 but never completed the promotion. I tried to open the new account but they caught it at the end. I wonder if I am still eligible for the offer?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Feb 2019
L2: Beginner
> bubble2 31 Posts
34 Reputation
MerryCemetery5588
04-19-2024 at 10:43 PM.
04-19-2024 at 10:43 PM.
Quote from EagerChannel7691 :
Anyone knows if P2P transfers in like Zelle or Venmo from another bank count as external sourced funds for this promo?
yes as long as its from another bank. Though zelle daily limit is $5k so you would have to do it 4 times at least.
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jul 2014
New User
> bubble2 5 Posts
10 Reputation
themasterewok
04-20-2024 at 10:29 AM.
04-20-2024 at 10:29 AM.
Quote from VirtualMF :
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.

If you are trying to maximize the benefit, this isnt the way to calculate it.
You get the bonus after 90 days (3 months). At that point, you can always cash out and go to another better options.

Western interest for 90 days: $5360×3 months/12months = $1340
Captial: $4350×3/12 +$1500 = $2587.

It's pretty much double the benefit in 3 months time frame.
2
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jul 2020
New User
> bubble2 8 Posts
StrongCemetery3547
04-24-2024 at 02:05 PM.
04-24-2024 at 02:05 PM.
Can my spouse add me as authorized user and I can be eligible for the offer anytime next time I open a capital one account?
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Dec 2010
L2: Beginner
> bubble2 50 Posts
208 Reputation
dealsfinder2011
04-25-2024 at 11:08 PM.
04-25-2024 at 11:08 PM.
Quote from poohbie :
5.1% actually, as of 4/16. You'll get a better yield 5.45% holding the actual T-bill, but ETF is easier.
I don't see a T bill at treasury direct for 5.45%, where do you see it?
Like
Funny
>
Helpful
Not helpful
Reply
Page 20 of 21
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.