Capital One 360 Savings, Up to $1,000 Bonus and 3.40% APY

March 21, 2023

Capital One 360 Savings, Up to $1,000 Bonus and 3.40% APY

Capital One 360 has a new bonus for its high-yield 360 Performance Savings account. New customers can earn a bonus as high as $1,000. The maximum bonus requires a balance of $100,000. Additionally, this account now earns a 3.40% APY which makes it an even better deal. Check out the details below.

Update: This offer is back between 12:00 a.m. ET on March 22, 2023, and 11:59 p.m. ET on May 10, 2023.

Offer

Here’s how you can earn this signup bonus:

Open a 360 Performance Savings account by May 10, 2023 with promo code SPRING23.
Deposit a total of $10,000 or more of new money from externally sourced funds within the first 15 days of account opening and maintain that balance for 90 days following the initial funding oeriod. The amount of your bonus will be determined as follows:
- $100 bonus – Deposit $10,000-$49,999.99 and maintain that Deposit Amount for 90 days.
- $500 bonus – Deposit $50,000-$99,999.99, and maintain that Deposit Amount for 90 days.
- $1,000 bonus – Deposit more than $100,000, and maintain that Deposit Amount for 90 days.
Capital One will deposit the bonus into your account within 60 days after you have completed all the requirements above, including fulfilling the 90-day holding period. If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus. If at any time during the 90 days following the Initial Funding Period your Deposit Amount drops into a lower tier, you will be rewarded that tier’s cash bonus. If your Deposit Amount decreases to an amount less than $10,000, you will not qualify for a cash bonus.This offer cannot be combined with any other 360 Performance Savings account opening offers. Only one promotional code is accepted. Bonus is only valid for one new 360 Performance Savings account. Bonuses are considered interest and will be reported on IRS form 1099-INT.

When will I get my bonus?

Your bonus will be deposited into your new 360 Performance Savings account by the date stated below:

Account opened:	Deposit $10,000 or more	Bonus paid by
March 2023	Within 15 days of your account opening date	September 12, 2023
April 2023	Within 15 days of your account opening date	October 12, 2023
May 2023	Within 15 days of your account opening date	November 12, 2023

If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus.

Eligibility

Offer available nationwide.
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, 2020, you will be ineligible for the bonus.

Fees

The 360 Performance Savings account has no monthly fees.

Guru’s Wrap-up

This is a good bonus for those who have the kind of money required. You can earn $1,000 if you deposit $100,000 and keep it in the account for 90 days. There are also bonuses of $500 and $100 with deposit requirements of $50K and $10K respectively. But besides the bonus, you money will also earn a 3.40% APY. That’s a very competitive rate right now.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.