Offer at a glance
- Maximum bonus amount:400 dollars
- Availability:On a national scale
- Direct deposit required:Yes, two direct deposits of $500+
- Additional requirements:Use promo code
- Hard/soft pull:Soft(Overdraft protection is no longer available)
- ChexSystems:Mixed. EWS is sensitive according to comments
- Credit card financing:ANY
- Monthly fees:ANY
- Early account closure fee:ANY
- Family boundary:None listed
- Expiration date:None listed
Offers
- Capital One offers a $400 bonus when you open a new 360 Checking account with code FLASH400 and meet the following requirements:
- Place and withdraw at least 2 qualifying deposits of $500+ each within 75 days
Fine Press
- This is a limited time offer and may be withdrawn at any time at Capital One’s sole discretion. Capital One reserves the right to end or change the terms of this offer at any time prior to your acceptance of the offer, with or without notice. A change in the terms of this offer may result in a change in any of the offer requirements, such as, but not limited to, required deposit amounts, qualified external sources of deposits, bonus amounts, or expiration date. Please note that once your account is opened with a promotional code, the terms of the offer will not change without prior notice to you. Offers may vary by channel and this offer may not be available to you again if you leave this page.
- If you have or have had a 360 Checking, Simply Checking, or Total Control Checking account opened as a primary or secondary account holder with Capital One on or after January 1, 2024, you will not be eligible for the bonus. If your account is in default, closed or suspended, or otherwise not in good standing before you receive the bonus, you will not receive the bonus. No minimum balance is required to be maintained to receive this bonus.
- Here’s the full scoop on how to claim your $400 bonus:
- Starting May 4, 2026 at 12:00 PM ET, open a 360 Checking account using FLASH400. Account must be opened with FLASH400 before the offer ends. Offer may end at any time.
- Make and receive at least 2 qualifying Direct Deposits of $500 or more each into your 360 Checking account within 75 days of account opening.
- Capital One will deposit the bonus into your account after the first two requirements listed above are met. See below for when the bonus will be posted.
- What is a Qualified Direct Deposit??
A Qualified Direct Deposit is a regular periodic payment, such as salary, pension, government payments (for
- for example, Social Security), or other monthly income that occurs as an Automated Payments Network (ACH) or real-time credit from your employer or an outside entity not affiliated with Capital One before January 1, 2025.
- Wire transfers, ACH credits and funds transfers initiated using Capital One’s website or mobile app are not considered a qualified direct deposit.
- When will I receive my bonus?
- You have 75 days to complete the above requirements. After the first 75 days of account opening, your status to receive the bonus will be evaluated and processed, which may take up to 60 days. This means, if all requirements are met, you can expect your bonus to be deposited into your account within 135 days of account opening. To receive your bonus, your account must also be open and in good standing at the time the bonus is deposited.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
This account has no monthly fees to worry about.
Early account termination fee
There is no fee for early account closure
Our verdict
The requirements and review period are the same as the $300 bonusso that’s only an extra $100. Shame they updated the review period before rolling out this offer as I doubt many people signed up for that $300 bonus. Still, it’s definitely worth doing and we’ll be adding it to ours the best bank bonus page.
Hat tip to Hiep N readers & MATTHEW
Useful posts about bank bonuses:
- A Beginner’s Guide to Bank Account Bonuses
- Bank Account Quick Reference Table (Calculated Sheet) (very useful for ranking bonuses according to different parameters)
- PSA: Don’t call the bank
- Login to ChexSystems
- Banks and credit unions that are sensitive to ChexSystems requirements
- What Banks and Credit Unions Do/Don’t Attract ChexSystems?
- How to use our direct deposit site for banking bonuses site
- Common Bonus Bank Misconceptions + Why You Should Give Them a Go
- How many bank accounts can I safely open in a year for the purposes of the bank bonus?
- Affiliate links and bank bonuses – We will not use them
- Complete list of ways to close bank accounts in each bank
- Banks that allow/disallow overseas check applications
- Bank bonus posting time
