Update 4/16/26: The review period has been massively improved. Not eligible if you have or have had an open
- 360 Performance Savings,
- 360 Savings,
- 360 Money Market,
- Savings Now
- or Trust Savings account
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, you will not receive the bonus.
Previously this was 2022.
Update 5/3/25: Now rate 3.6%
Update 4/4/24: The deal is back, I don’t see any end date. APY is now 4.35% instead of 4.3%
Update 11/29/23: Extends through 9/1/2024.
Offer at a glance
- Maximum bonus amount: 1500 dollars
- Availability: On a national scale
- Direct deposit required: ANY
- Additional requirements: $20,000 – $100,000 deposit
- APY:
4.35%APY 4.25%3.2% APY - Hard/soft pull: Gentle, as long as you back out of the overdraft protection
- ChexSystems: Mixed
- Credit card financing: ANY
- Monthly fees: ANY
- Early account closure fee: ANY
- Family boundary: None listed
- Expiration date: 12/6/2023
Offers
- Capital One offers up to $1,000 bonus when you open a 360 Performance Savings Account with promo code BONUS 1500. The bonus you get depends on the amount you deposit within 15 days of opening the account and you must maintain that balance for 90 days
- Deposit $20,000+ and get $300 bonus
- Deposit $50,000+ and get $750 bonus
- Deposit $100,000+ and get $1,500 bonus
Fine Press
- STEP 1—Open a 360 Performance Savings account between 12:00 PM ET on November 1, 2023 and 11:59 PM ET on December 6, 2023. When opening your account, make sure promo code FALL23 is entered in the promo code box.
- STEP 2 – Initial financing period. Deposit a total of $20,000 or more (Deposit Amount) of new money from externally sourced funds (transfers between Capital One accounts will not qualify) within the first 15 days of account opening (Initial Funding Period).
- STEP 3 – Holding Period. You will earn a bonus after maintaining a deposit amount of $20,000 or more for 90 days after the Initial Funding Period. The initial funding period is defined as the first 15 days from account opening and the 90-day holding period does not begin until after the full initial 15-day funding period.
- Your bonus amount will be determined as follows:
- $300 Bonus—New money deposited from an outside bank during the initial financing period was between $20,000-$49,999.99 and you kept that deposit amount for 90 days after the initial financing period.
- $750 Bonus—New money deposited from an outside bank during the initial financing period was between $50,000-$99,999.99 and you kept that deposit amount for 90 days after the initial financing period.
- $1,500 Bonus—New money deposited from an outside bank during the Initial Financing Period was $100,000 or more, and you kept that deposit amount for 90 days after the initial financing period.
- Capital One will deposit the bonus into your account within 60 days after you meet all of the above requirements, including meeting 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 after the initial funding period, your deposit amount drops to a lower level, you will be rewarded with bonus money of that level. If your deposit amount is reduced to an amount less than $20,000, you will not be eligible for a cash bonus. This offer cannot be combined with any other 360 Performance savings account opening offer. Only one promotional code is accepted per account. The bonus is only valid for a new 360 Performance Savings account. Bonuses are considered interest and will be reported on IRS Form 1099-INT.
- If you have or had a 360 Performance Savings, 360 Savings, 360 Money Market, Savings Now or Confidence Savings account opened as a primary or secondary account holder with Capital One on or after January 1,
20212022, you will not be eligible for the bonus. If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus. - 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
This account earns 4.3% APY, it ends up being 10.4% APY during the bonus period once you factor in the bonus, but obviously it only lasts 90 days. Still worth doing for many people and much better than previous bonus $1000 and better than others high interest savings rates. We will add this to the our list of the best savings bonuses.
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