$150, $250, $450 Bonus Offers – Forbes Advisor


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Capital One is one of the largest asset banks in the country. It aims to attract even more customers and deposits by offering $ 250 to open a personal checking account and up to $ 450 for a new personal savings account.

Along with bonus offers, Capital One’s current and savings accounts include a number of benefits: no monthly or minimum account fees, a large network of ATMs, access to checks up to two days in advance, and a 50% discount on purchases. coffee on the growing network. of Capital One Cafés.

How can you earn a Capital One bonus?

Capital One offers relatively competitive and easy-to-earn welcome bonuses to new customers who open current and savings accounts.

  • To earn a current account bonus: Open an account and complete a minimum amount of direct deposits in a qualifying period.
  • To earn a savings account bonus: Make a deposit to open a new account and keep your balance for a certain period of time.

Here are the details on Capital One’s limited-time welcome offers for new customers. Offer details are accurate as of May 25, 2022.

Capital One Promotions for 2022

Capital One 360 ​​Current Account Bonus: Earn $ 250

Capital One’s 360 current account is good for people who want to keep rates to a minimum and don’t need a physical bank location. If you use your checking account to receive your check, pay bills, get cash, and deposit an occasional check, a 360 checking account may be a good option for you.

  • What is the offer? Open a new Capital One 360 ​​checking account, then set up and receive at least two direct deposits of $ 250 or more within 75 days of opening your account, and you’ll receive a $ 250 bonus.
  • What is considered a direct deposit? A direct deposit is a payment to your account, such as your salary, pension, or government benefit. Person-to-person (P2P) payments for services like Venmo and Zelle do not count.
  • When do you receive your bonus? You will receive your bonus on the last day of the calendar month, five months after opening your account. For example, if you open your account in June 2022, you will receive your bonus before November 30, 2022.
  • Is there a time limit on the offer? Yes. This offer is available for new accounts opened before June 21, 2022.
  • Is there an offer code for this promotion? Yes. Use promo code BONUS250 when opening your account.

Capital One 360 ​​Performance Savings Account Bonus: Earn $ 150 with a $ 20,000 deposit

You can earn a $ 150 bonus by opening a new 360 performance savings account with Capital One. It’s a good deal if you’re looking for a place to save an emergency fund or save for another purpose. The account pays 0.60% APY, a competitive rate compared to the best savings accounts on the market.

  • What is the offer? Earn a $ 150 bonus after a deposit of $ 20,000 or more from an external account in a new 360 performance savings account within 15 days of opening the account and keep the money in the deposit for at least 90 days. Your deposit must be “externally sourced,” that is, from a source not affiliated with Capital One.
  • When do you receive your bonus? Your bonus will be paid on the 12th of the calendar month, six months after you open your account. For example, if you open your account in June 2022, you will receive your bonus before December 12, 2022.
  • Is there a time limit on the offer? Yes: Offer available to new customers who open an account before June 29, 2022.
  • Is there an offer code for this promotion? Yes. Use promo code SAVE22 when opening your account.

Capital One 360 ​​Performance Savings Account Bonus: Earn $ 450 with a $ 50,000 deposit

Capital One savings account bonus is more generous if you deposit a minimum of $ 50,000. New customers who open a 360 savings account and deposit $ 50,000 or more can receive a $ 450 welcome bonus.

  • What is the offer? Earn a $ 450 bonus with a deposit of $ 50,000 or more from an external account in a new 360 performance savings account within 15 days of opening your account, and keep the money in your deposit for at least 90 days. Your deposit must be “externally sourced,” that is, from a source not affiliated with Capital One.
  • When do you receive your bonus? Your bonus will be paid on the 12th of the calendar month, six months after the date of opening your account. For example, if you open your account in June 2022, you will receive your bonus before December 12, 2022.
  • Is there a time limit on the offer? Yes. This short-term offer is available to new customers who open an account before June 29, 2022.
  • Is there an offer code for this promotion? Yes. Use promo code SAVE22 when opening your account.

How Good Are Capital One Welcome Bonuses?

Capital One promotional welcome bonuses are competitive with the best bank bonuses available. If you’re comfortable doing online banking, this bank’s bonus offers offer a great way to make money while switching your business to a bank that works well for you.

But there is a downside. Capital One’s 360 Performance Savings savings account bonus offer requires a high deposit amount to qualify. You can earn a $ 150 bonus after a deposit of $ 20,000 or more from an external account in a new 360 savings account within 15 days of opening your account and keep the money in your deposit for at least 90 days or earn a bonus $ 450 with a deposit of $ 50,000 or more from an external account to a new 360 performance savings account within 15 days of opening the account and keep the money in the deposit for at least 90 days.

If your balance falls below $ 20,000 or $ 50,000 during the qualifying period, even for one day, you may not receive your bonus.

If you decide to open a Capital One savings account and want to earn the bonus, make sure you can tie up the money you need for a few months.

The benefits of Capital One

Capital One provides customers with a simple banking experience with minimal commissions and competitive APY. If you don’t need to visit a physical branch often, banking with Capital One is a great way to make sure you’re not paying a monthly fee for an account.

Here are some other features that Capital One offers:

  • Overdraft options. Capital One allows you to select what happens if your account is overloaded. You can have Capital One reject transactions, transfer money automatically from another account, or temporarily take a negative account balance on approved transactions.
  • Advance payroll. When you sign up for the direct deposit of your paycheck or other recurring payment, Capital One may make the payment amount available up to two days before you receive the funds.
  • Cash deposits. Using the Add Money in-Store feature with the Capital One mobile app, you can deposit up to $ 999 in cash each day at CVS locations.
  • Capital One Cafés. If you need help with your account, you can visit a Capital One Café, available in selected locations, and chat with an ambassador. If you have a Capital One credit or debit card, you can get a 50% discount on a craft coffee drink.

What else should you know about Capital One offers?

Your bonus may be taxable

The bonus you earn when you open a Capital One checking or savings account can be considered taxable income. Capital One will report your interest income bonus on a Form 1099-INT to the IRS and send the information to your state revenue authority if necessary.

You must be a new customer

To qualify for the new account bonus, you must not have or have held a secondary account with an account comparable to Capital One as of January 1, 2019.

Customers with a 360 checking account will not be eligible for current account promotion. Customers who have a 360 performance savings account, 360 savings, 360 money market, now savings or trust savings cannot qualify for the savings account bonus.

Find the best online savings accounts of 2022

Bottom line

Capital One has taken away the complexity of banking to offer a low-cost experience for customers who feel comfortable doing online banking. In addition to offering a simple experience, Capital One accounts have benefits such as overdrafts without commissions, prepaid opportunities and access to Capital One Cafés.

For a limited time, you can earn $ 250 if you open a new checking account, or up to $ 450 if you open a new savings account.



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