The Capital One 360 Checking account is currently offering a $400 bonus when you open a 360 Checking account by June 30, 2017, and receive 2 direct deposits of $250 or more within 60 days of account opening, available for targeted customers.
There is also a $100 bonus available with the same terms that is not targeted, but it is only available to residents of Massachusetts, New Hampshire, Rhode Island, and Vermont.
The 360 Checking account has no monthly fees or minimum balance requirements, and the account itself is available to anybody in the U.S.A.
Targeted $400 Offer versus Non-Targeted $100 Offer
This $400 offer is being targeted to current Capital One Credit Card customers and other Capital One Bank or Capital One 360 customers.
If you did not receive an email or mail piece directly from Capital One 360 for this $400 promotion, you will likely be deemed ineligible for this bonus offer.
However, if you are interested in this deal, it may be worth contacting Capital One 360 by phone at 1-800-289-1992 to request that you be extended the deal.
Otherwise, you may qualify for the $100 bonus offer listed below if you are a resident of Massachusetts, New Hampshire, Rhode Island, or Vermont.
Capital One 360 Checking $400 Bonus Details
Just visit this $400 Bonus Link for the full details of this offer (I found this link listed in Google search results, and there’s also a $200 Bonus Link available with the same requirements that is also targeted – see further below for non-targeted $100 offer).
This is a pretty awesome deal, because you’ll earn $400 in bonus cash just for making 2 direct deposits of $250 or more, which is a very high return on your investment, if you can set up a qualifying direct deposit.
In order to qualify for the $400 reward, you must:
1. Use promo code PLUS400 when you open and accept the terms on a new 360 Checking account by June 30, 2017.
2. Receive 2 direct deposits of $250 or more within 60 days of account opening.
3. You’ll receive the $400 bonus deposited directly into your account about 90 days after account opening.
$400 Promotional Terms
To qualify for the bonus, you must be the primary account holder, and this has to be your first 360 Checking account (this includes former Electric Orange accounts also).
Direct deposits must be an electronic deposit of 1 of the following: your paycheck from your employer, Social Security/pension, or other government benefits.
Direct deposit is subject to employer or other payor options.
The fine print indicates that if you did not receive an email or mail piece directly from Capital One 360 with the code, you are ineligible for this bonus offer, so it is definitely a targeted offer.
You can call Capital One 360 at 1-800-289-1992 to see if you could possibly qualify for the deal, if you weren’t targeted.
Otherwise, if you are a Capital One credit card customer, check your emails and your mail box to see if you received an invitation to this deal.
You can also apply for the $100 bonus below, which is non-targeted, but you must be a resident of Massachusetts, New Hampshire, Rhode Island, or Vermont.
Capital One 360 Checking $100 Bonus – MA, NH, RI, and VT
This $100 bonus offer for opening a Capital One 360 Checking account is not specifically targeted, but it is only available if you are a legal U.S. resident of Massachusetts, New Hampshire, Rhode Island, or Vermont.
You can visit this $100 Bonus Link and enter the promo code PLUS100 when you open your new account.
Just like the $400 offer, you must receive 2 direct deposits of $250 or more within 60 days of account opening in order to qualify for the cash reward of $100.
You can also participate in the Capital One 360 Referral Program to earn bonuses when you open new accounts and refer your friends.
I wish the $400 deal was publicly available to everyone, because it’s an awesome deal for a $400 bonus, but if you do have any luck getting qualified, please let us know in the comments below how you did so.
It’s also important to note that this same offer was available in 2015 and 2016 for a limited time.