Capital One $300 Checking Bonus

Update 3/19/26: There is a new offer for $400but the terms have the intended language “This offer is not transferable” & “This offer is exclusive to existing account owners, authorized users or account managers of an eligible Capital One consumer product and is subject to eligibility. Customers must be currently enrolled in online banking to verify eligibility.

Eligible consumer products include: Consumer Bank Savings Products, Capital One Auto Finance Loan Accounts, Platinum Mastercard, Preferred Platinum, Platinum Rewards, Platinum Secured, Quicksilver Rewards, Quicksilver Secured Rewards, QuicksilverOne Rewards, Savor Rewards, VentureOne Rewards, Venture, Venture Rewards, VentureOne Rewards, Rewards, Kohl’s Rewards Visa, BJ’s One Mastercard, BJ’s One+ Mastercard, BJ’s Business Elite Mastercard and other select products old credit cards.’

Update 2/21/26: The review period is now January 1, 2024 (was January 1, 2023). Making more people qualified. Compliant with the $250 bonus. Hat tip to the reader Veteran Churner

Offer at a glance

Offers

Direct link to the offer

• Capital One offers a $300 bonus when you open a new checking account and meet the following requirements:
  • Use promo code OFFER300
  • Make and receive at least 2 direct deposits, each of $500 or more, within 75 days of account opening

Fine Press

• 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.
• 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, 2023, 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 $300 bonus:
  1. Open a 360 Checking account on or after November 13, 2024, using promo code OFFER300.
  2. 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.
  3. 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.
• 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

There was one $250 bonusi said expect a bigger bonus as we saw $350 bonus last year. I think this $300 bonus is worth doing and we will add it to our ton best bank account bonuses.

Useful posts about bank bonuses: