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)
+109 Deal Score
215,804 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.

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
+109
215,804 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 Nov 2017
L3: Novice
> bubble2 247 Posts
30 Reputation
newtbos
04-10-2024 at 05:29 PM.
04-10-2024 at 05:29 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.

So you are saying you are anti-bank. Nothing wrong with that, just pointing out that you are against the most basic principle of banking.
>
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Mar 2016
L3: Novice
> bubble2 253 Posts
49 Reputation
akshat1989
04-10-2024 at 07:14 PM.
04-10-2024 at 07:14 PM.
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.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Oct 2012
L7: Teacher
> bubble2 2,003 Posts
233 Reputation
BenM5
04-11-2024 at 08:12 AM.
04-11-2024 at 08:12 AM.
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.
click view detail on your account it should show interested earned on april
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jun 2013
L2: Beginner
> bubble2 55 Posts
82 Reputation
nitgul
04-11-2024 at 08:41 AM.
04-11-2024 at 08:41 AM.
Shows me 4.25% APY. What am I missing?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jun 2013
L2: Beginner
> bubble2 55 Posts
82 Reputation
nitgul
04-11-2024 at 08:50 AM.
04-11-2024 at 08:50 AM.
Quote from BenM5 :
click view detail on your account it should show interested earned on april

Shows me 4.25 APY. What am I missing?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Oct 2012
L7: Teacher
> bubble2 2,003 Posts
233 Reputation
BenM5
04-11-2024 at 09:38 AM.
04-11-2024 at 09:38 AM.
Quote from nitgul :
Shows me 4.25 APY. What am I missing?
saving account rate can change and it is not cd.
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2016
L3: Novice
> bubble2 218 Posts
gigamouse
04-11-2024 at 10:14 AM.
04-11-2024 at 10:14 AM.
I just closed this account. Can I reopen and qualify?
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined May 2007
ƐƐoloʌɐᴉp
> bubble2 7,964 Posts
2,973 Reputation
Pro
diavolo33
04-11-2024 at 11:42 AM.
04-11-2024 at 11:42 AM.
Quote from gigamouse :
I just closed this account. Can I reopen and qualify?

Quote :
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, 2022, 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.

https://www.capitalone.com/bank/b...er-section
2
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jul 2023
L1: Learner
> bubble2 20 Posts
22 Reputation
SmartLocket3018
04-11-2024 at 02:07 PM.
04-11-2024 at 02:07 PM.
Thumbs up great find
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2021
L3: Novice
> bubble2 217 Posts
38 Reputation
FaithfulLlama137
04-11-2024 at 02:42 PM.
04-11-2024 at 02:42 PM.
Quote from Flawless700 :
It is not 120 days. It is 90 days. The figures are better than you describe.
I'm just saying 120 to be safe. The T&C stated that the 90 days starts after the funding period. The funding period says it's 15 days from your first deposit.

Add in 4-5 days for your funds to hit the account, that could easily be about ~110 days until you're good. 120 days / 4 months just made it easier to calculate.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Sep 2010
L5: Journeyman
> bubble2 630 Posts
388 Reputation
Flawless700
04-11-2024 at 03:49 PM.
04-11-2024 at 03:49 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.

That is not inflation. Inflation is an expansion of the money supply. That is a loan.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Dec 2015
L1: Learner
> bubble2 24 Posts
10 Reputation
qri
04-11-2024 at 04:42 PM.
04-11-2024 at 04:42 PM.
Quote from FaithfulLlama137 :
I'm just saying 120 to be safe. The T&C stated that the 90 days starts after the funding period. The funding period says it's 15 days from your first deposit.

Add in 4-5 days for your funds to hit the account, that could easily be about ~110 days until you're good. 120 days / 4 months just made it easier to calculate.
The funding period is not 15 days from your first deposit. It's 15 days from account opening.
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2021
L3: Novice
> bubble2 217 Posts
38 Reputation
FaithfulLlama137
04-11-2024 at 10:49 PM.
04-11-2024 at 10:49 PM.
Quote from qri :
The funding period is not 15 days from your first deposit. It's 15 days from account opening.
Fair point if so. In any case, still looking at 105 days versus 90, and still makes figuring at 4 months a little easier just for math.

Regardless, my original points stand. Capital One for 105 days and then moving to a higher yield account is the best option, with the exception of SoFi pretty much breaking even with Capital One at only $20,000 deposited, as long as you get the $300 offer from them.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Mar 2014
New User
> bubble2 5 Posts
14 Reputation
PaulP2150
04-12-2024 at 07:55 AM.
04-12-2024 at 07:55 AM.
Anybody know how long this promo will be active for? I just signed up for Robinhood Gold and would like to take advantage of the 60-days of 5.25% apy.
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Jan 2017
L1: Learner
> bubble2 20 Posts
10 Reputation
abso455
04-12-2024 at 09:38 AM.
04-12-2024 at 09:38 AM.
What does external sources mean? I moved money from capital one checking to the new savings account - would this qualify? Thanks
Like
Funny
>
Helpful
Not helpful
Reply
Page 18 of 23
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.