Capital One 360 Savings is fee-free. There is no minimum to open or keep a Capital One 360 Savings account, but you will need to meet the thresholds below to earn a bonus. Click here to open a Capital One 360 Savings account.
What do I need to do to get my bonus?
Just follow these few simple steps:
- Open your very first 360 Savings account by the promotion expiration date, 11/30/2015 at 11:59 PM EST. (If you’ve had a Savings product with Capital One 360 or ING DIRECT before, you won’t be eligible for the bonus.)
- To qualify for a bonus, your account must be funded within the first 10 days of account opening. Deposits from an existing Capital One 360 account will not qualify for the bonus.
- The amount of your bonus will be determined based on the highest amount you deposit within the first 10 days of account opening and maintaining that balance on a daily basis for the next 90 days following the 10 day period. You must deposit a minimum of $5,000 and maintain a daily balance of $5,000 for 90 days after the initial 10 day period to qualify for any bonus. The amount of the bonus you actually earn will be determined based on the following balance tiers during the initial 10 day period and the 90 day period after that: $5,000+ earns a $50 bonus, $10,000+ earns a $100 bonus; $20,000+ earns a $200 bonus; $30,000+ earns a $300 bonus; $40,000+ earns a $400 bonus; and $50,000+ or more earns a $500 bonus. The maximum bonus you can earn is $500.
If I open a joint account or custodial account, will we both get the bonus?
The bonus is limited to one per primary account holder.
When will I actually get my bonus?
Capital One 360 will deposit the bonus money into your account within 10-15 days following the 90-day period – once it’s deposited, the funds will be available immediately.
Click here to open a Capital One 360 Savings account. I have had a Capital One 360 Savings account for years. ChipsMoneyTips is an affiliate of Capital One 360. If you click on my link to open an account, I will get a taste. I thank you for that taste! Ergo, this post qualifies as a “paid endorsement”. But I won’t get squat unless you open the account. So, get in on some of this hot Capital One 360 Savings action!