Existing Capital One Customers, Get Up to $1,000 Bonus with New Money
Capital One is offering existing account holders a bonus of up to $1,000 for adding new money to their 360 Money Market account. This bonus offer is targeted and meant only for the original recipient on the email. Check out the details of the offer below.
Increase your current balance in the 360 Money Market account identified by the last 4 digits of the account number in the offer email you received by depositing $25,000 or more of new money from an external bank (deposits from Capital One accounts will not qualify) between 12:00 a.m. ET on September 27, 2022 and 11:59 p.m. ET on October 25, 2022 (the “Funding Period”), then keep the new money in your account between 12:00 a.m. ET on October 26, 2022 and 11:59 p.m. ET on January 24, 2023.
The amount of your bonus will be determined as follows:
You can see the bonus page here.
- This offer is only eligible for the account referenced in the email which you received. You may be eligible for other offers that you received via email. The bonus is only valid for the savings account ending in the last four numbers indicated in your email.
- If you fulfill the offer requirements, Capital One will deposit the bonus into your 360 Money Market account by March 25, 2023. If your account is in default, closed, suspended, or otherwise not in good standing, you will not receive the bonus.
- Capital One qualifies new money as any funds that are deposited into your account from an external source that is not affiliated with Capital One.
The 360 Money Market account currently earns a rate of 0.80% Annual Percentage Yield (APY). With this bonus you earn a maximum of 1% of the amount you deposit, and you need to keep the money in the account for about three months. That means that you’re earning an additional 4% APY, for a total of 4.8%. That’s a very good return for now.
However, the offer is targeted. So you must have received an email directly to qualify. My email was titled “<Name>, here’s your opportunity to earn up to a $1,000 bonus”.