Quicken/Capital One 360, 1.6% APY & up to $600 Money Market Account Bonus

Capital One and Quicken have teamed up with an offer for 360 Money Market accounts where you can earn a bonus of $200, $400 or $600 and 1.6% APY on $10K+ balances.

Offer Requirements

Make your cash work harder for you. Earn 1.60% Annual Percentage Yield (APY) plus up to $600 exclusive bonus. Bonus is based on the amount you deposit, from a non-Capital One account, into your Capital One 360 Money Market® account.

You’ll earn:

$600 bonus when you open a 360 Money Market account and deposit $100,000 or more
$400 bonus when you deposit $50,000 to $99,999
$200 bonus when you deposit $10,000 to $49,999.

To earn a bonus your account must be funded with at least $10,000 in the first 10 days of account opening (Initial Funding Period) from a non-Capital One account and you must maintain your balance for the first 90 days following the Initial Funding Period. Deposits made via check drawn on another bank and ACH deposits that Capital One initiates on your behalf will be held for 4 business days.*The 1.60% Annual Percentage Yield (APY) applies to the entire account balance for accounts with available balances of $10,000 or more; a 0.85% APY applies to the entire account balance for accounts with balances less than $10,000.

Eligibility

The offer is available nationwide.

You won’t be eligible for the bonus if you currently have, or have had, a 360 Money Market account with Capital One. This bonus offer cannot be combined with any other Capital One Bank or Capital One 360 new account opening offer and is strictly non-transferable. The offer is not valid for multiple accounts.

This offer is only available to Quicken customers. But that looks like it’s not enforced. You can access the application page here directly.

Fees

The accounts don’t have any fees.

Guru’s Wrap-Up

The offer says that it’s for Quicken customers only, but you can access it without any Quicken information. It also says that you won’t be eligible for the bonus if you have, or have had, a 360 Money Market account.

As for the bonuses, I think they give you a very good return. The $200 bonus will be the easiest since it only requires to keep $10K in the account for 3 months. But even the $600 bonus gives you a pretty good return for your money and don’t forget that you also earn 1.6% APY on top of the bonus.

If this bonus is not for you, then you can check our full list of available bank bonuses.