Capital One 360 Checking Account Bonus

There is an enticing new $300 Capital One 360 checking account bonus that is one of the easier checking account offers. Unfortunately, myself and my wife are not eligible since we have had a 360 account for over a decade. They were actually old ING accounts that got moved over to Capital One. Enough about that though, this offer is great for anyone that doesn't already have a checking account with Capital One 360. You can earn the bonus with just a couple of direct deposits.

Offer Details

Here are the details on the $300 Capital One checking account bonus offer:

• Open a new account using promotional code OFFER300.
• Set up and receive at least 2 direct deposits, each of $500 or more, within 75 days of account opening.
  • Other things that may count as direct deposit. (If they don't work you have no recourse)
• Your $300 bonus will be deposited into your account within 60 days after you have completed the requirements above.
  • This 60-day period begins the day after your second Qualifying Direct Deposit has been posted to your account.
    • The bonus has usually posted within a few weeks in the past though
• Direct Link To Offer

I personally would go with this offer over the $250, but we can change direct deposit fairly easily. There are also quite a few options that trigger the direct deposit requirement linked above. I totally understand people giving up the $50 for something easier in the offer below though.

Here are the details on the $250 Capital One checking account bonus offer:

• Open with code DEBIT250 and complete the steps below.
  • Complete 20 qualifying transactions of $10 or more within 75 days of account opening.
  • Your $250 will be deposited into your new account after you complete these steps.
• Direct Link To Offer

I think this is a great option for anyone that doesn't have an easy way to do the direct deposit requirements above. Or, at least doesn't want to risk it with the options that may count as a direct deposit.

Perks Of The Account

Whichever offer you decide the the account will have no monthly fees and won't charge you for out of network withdrawals. You will still get charged whatever the ATM fee is, but they won't add any fees on top of that for going out of network. My Capital One 360 account is my backup travel debit card and it saved the day when our Charles Schwab account wouldn't work at ATMs in Italy last year.

Offer Terms

• There are no state restrictions on the offer, it is a nation-wide bonus.
• If you have or had an open 360 Checking, Simply Checking, Total Control Checking or Money Teen Checking account as a primary or secondary account holder with Capital One on or after January 1, 2024, you will be ineligible for the bonus.
• This account is subject to approval. This offer cannot be combined with any other 360 Checking account opening offers. Only one promotional code is accepted per account.  Bonus is only valid for one new 360 Checking account. The amount of your bonus will be reported on IRS form 1099-INT to the IRS (and your state revenue authority, if required).
• If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus.

Capital One 360 Checking Account Bonus: ToP Thoughts

This $300 Capital One 360 checking account bonus is one of the easier checking account offers out there. While I am always a little annoyed with direct deposit bonus offers, but this one isn't like the $5,000 offers at least. There is also no debit card purchase requirements that add to the annoyance level. If I didn't already have an account then I would be all over this, in an effort to hit my fund my retirement account with bank bonuses goal. The opposite is true of the $250 though. You have no direct deposit and need to make debit card purchases to trigger the offer. I like that people have options and can decide what works best for them.

It is also a pretty good account to keep long term. That is why I have held onto our accounts all this time. Their savings products are okay as well, at high 3% APR, but can be bested by some accounts hovering around 4% these days.