
The Capital One 360 Savings Promo offers a high-interest savings option that's hard to beat. You can earn a competitive APY of up to 2.05% APY.
One of the standout features of this promo is the ability to earn interest on your entire balance, even if it's just a small amount. This means you can start earning interest right away, without having to meet a minimum balance requirement.
The promo also offers a range of savings options, including a High-Yield Savings account that allows you to earn interest on your deposits. With no fees or minimums, this account is a great way to save money without worrying about extra charges.
You can access your money whenever you need it, with 24/7 online banking and mobile banking apps. This makes it easy to check your balance, transfer funds, and manage your account on the go.
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What to Open
If you're looking to open an account with Capital One 360, you've got several great options to choose from. The 360 Performance Savings account is a great choice, offering a competitive Annual Percent Yield with no service fees or minimum balance requirements.
For another approach, see: Joint Bank Account Capital One
You can also consider the 12-month CD, which offers one of the best APYs for a 12-month CD with no minimum opening deposit required. Alternatively, if you can commit to keeping your money locked away for a longer period, you can earn an even higher APY with a longer term CD.
Here are some key details to keep in mind when opening an account with Capital One 360:
- Minimum Deposit to Open: $0
- Direct Deposit Required: No
- Minimum Deposit Required: None
- When Do You Get It: Within 15 days after completing qualifying activities
- Monthly Fee: $4.95 or $0; Avoid the monthly service fee when you have electronic deposits made into the account totaling $250 or more during each monthly statement period.
What to Open
If you're looking to open a savings account, a CD, or a checking account with Capital One, you've got some great options.
The 360 Performance Savings account offers a competitive Annual Percent Yield with no service fees or minimum balance requirements.
A 12-month CD from Capital One 360 offers one of the best APYs around, and you can open it with no minimum deposit required.
If you're looking to teach a teen about money management, the MONEY Teen Checking account is a great choice. You and your teen will be joint account holders, and there's no minimum deposit requirement or service fees.
To avoid the monthly service fee on the MONEY Teen Checking account, you'll need to have electronic deposits made into the account totaling $250 or more during each monthly statement period. The fee is $4.95 otherwise.
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CDs
CDs are a type of savings account that offers a fixed interest rate for a specific term. They're a great option if you want to save money without the temptation of spending it.
The Capital One 360 CD offers a range of terms to choose from, with APYs starting at 3.50% for a 24-month term. You can earn up to 4.00% APY with a 12-month term.
Here are the CD terms and APYs offered by Capital One 360:
You can open a Capital One 360 CD with a minimum deposit of $0, and there's no monthly fee if you maintain a prior 30- or 90-day average balance of $2,000 or more.
Our Verdict
The Capital One 360 savings promo is definitely worth considering, especially with its 4.3% APY and a bonus that can boost your earnings to 10.4% APY over a 90-day period.
However, be aware that there's a 105-day hold period before you can move the funds out of the account, which starts 15 days after opening, not from the day you fund it.
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The APY has actually decreased to 3.8% as of January 29th, 2024, which affects the net return to about 9.8% APY for 90 days.
It's also essential to note that the fine print still shows a start date for the offer of April 3rd, 2024, which might impact your eligibility.
To be safe, make sure your deposits clear within the 15-day funding period, but if they show as credited on your ledger with a hold before they can be used, you should be in the clear.
The author of the article even had to deal with a security alert and an extended hold time, but the transfer was still processed successfully after the security was cleared.
Savings Options
With Capital One 360, you can earn a competitive interest rate on your savings. Their rates are competitive with other online savings accounts.
You can earn a 2.05% APY on your savings, which is a great way to grow your money over time. This rate is subject to change, so be sure to check the terms.
One of the best things about Capital One 360 is that there are no fees to worry about. You can open an account with as little as $1, and there are no monthly maintenance fees.
For more insights, see: Capital One 360 Savings Rate
$25
If you're looking for a way to boost your savings, Capital One 360 offers a $25 refer a friend offer for new customers.
To qualify, you'll need to open an account with an initial deposit of at least $250-9,999.99. The $25 bonus will be automatically deposited into your account.
You can't withdraw the bonus for 30 days, but it will start earning interest right away.
If you're interested in other savings options, consider Western Alliance Bank High Yield Savings Account, which offers a 4.30% APY.
Alternatively, Discover Online Savings offers a $150 cash bonus, although the exact terms aren't specified here.
Some savings accounts also allow for easy account transfers, making it simple to move your money between linked accounts or external bank accounts.
Note that Capital One 360 also offers a $25 bonus for opening a Money Market account with an initial deposit of $250-9,999.99, with similar terms to the refer a friend offer.
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$100

If you're looking to earn some extra cash, Capital One 360 offers a $100 bonus for new customers.
You can get this bonus by opening a new account with an initial deposit of at least $10,000, and the bonus will be automatically deposited into your account.
The bonus will start earning interest right away, but you cannot withdraw it for 30 days.
Only available for new Capital One 360 customers using the unique link sent from their friend, so be sure to share this opportunity with your friends and family.
Here are some other accounts that offer a $100 bonus:
- Capital One 360 Money Market - $100
Keep in mind that you'll need to meet the minimum deposit requirement of $10,000 or more to qualify for this bonus.
$100 Refer a Friend
If you're looking to boost your savings, consider taking advantage of the $100 Refer a Friend offer from Capital One 360. To qualify, you must open an account with an initial deposit of at least $10,000, and the bonus will be automatically deposited into your account.
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You can't withdraw the bonus for 30 days, but it will start earning interest right away. This offer is only available for new Capital One 360 customers using a unique link sent from their friend, so make sure to share the link with someone who hasn't already joined.
Here are the details of the offer:
Frequently Asked Questions
What is the $1500 bonus for Capital One 360 performance?
Earn a $1,500 bonus with a $100,000+ deposit into your Capital One 360 performance account, with smaller deposits earning $300-$750 bonuses
What is the $500 bonus at Capital One?
To earn the $500 bonus, spend $4,500 on purchases within the first 3 months of opening a Capital One account. This one-time cash bonus is a reward for meeting the initial spending requirement.
What is the $300 bonus on Capital One?
The $300 bonus on Capital One is awarded when you open a new checking account and receive two direct deposits of $500 or more within 75 days. This offer is a great incentive to open a new account and start earning rewards.
What is the promo code for Capital One 360 performance savings account?
To open a Capital One 360 Performance Savings account with a bonus, use promo code BONUS1500. This code unlocks special deposit requirements for earning a bonus, starting at $20,000.
Is there a referral bonus for Capital One 360 Performance savings?
Yes, existing customers can earn a $40 bonus for each friend who opens a new Capital One 360 account. Learn more about the referral program and how to get started.
Sources
- https://www.capitalone.com/bank/savings-accounts/online-performance-savings-account/
- https://www.doctorofcredit.com/capital-one-300-1500-savings-bonus-requires-20000-100000-deposit/
- https://www.capitalone.com/bank/open-an-account/
- https://www.hustlermoneyblog.com/capital-one-360-promotions/
- https://www.creditdonkey.com/promotions/capital-one-bank/
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