If you’re looking to open a new savings account, you’ll want to take advantage of this Capital One savings account bonus, where you could earn up to $1,500. To earn your bonus, follow these simple steps.
- Open a new Capital One 360 Performance Savings Account and use promo code BONUS1500.
- Within 15 of opening your account, deposit $20,000 to earn $300, deposit $50,000 to earn $750, or deposit $100,000 or more to earn $1,500.
- Maintain your account balance for at least 90 days.
Once the requirements have been met, your account bonus will be added to your account within 60 days.
Capital One 360 Performance Savings Features
When you sign up for a Capital One Performance savings account, you’re going to enjoy the following features:
- $0 minimum to open your account (a deposit is required to earn the Capital One savings bonus)
- Earn 4.00% APY on your savings balance
- You can set up automatic transfers to help you save money each month
- Open multiple Performance savings accounts within your main account to help you save for different goals.
- FDIC insured
Monthly Maintenance Fees
The Capital One Performance Savings account has no monthly or maintenance fees.
Additional Requirements
- If you have or had a 360 Performance Savings, 360 Savings, 360 Money Market, Savings Now, or Confidence Savings account open since January 1, 2023, you will not be eligible for the Capital One Savings bonus.
- If, at any time during the 90 days following the Initial Funding Period, your account balance drops into a lower tier, you will be rewarded that tier’s cash bonus.
- If your account balance drops below $20,000 at any time during the 90 days following your initial account funding, you will no longer be eligible for the Capital One savings bonus.
- This offer cannot be combined with any other 360 Performance Savings account opening offers.
About Capital One 360
Capital One is one of the largest financial institutions in the U.S., but its Capital One 360 division takes a fresh approach to banking. Launched in 2013, Capital One 360 was created after Capital One acquired ING Direct USA and rebranded it into a digital-focused banking platform. This division centers on online and mobile banking, catering to customers prioritizing convenience and competitive rates over traditional brick-and-mortar branches.
While Capital One has around 300 physical branches and over 70,000 fee-free ATMs nationwide, Capital One 360 is mostly an online experience. The company’s emphasis on technology and simplicity has made it a favorite among customers who want to handle their finances digitally without compromising on features like high-yield savings accounts, no-fee checking, and easy money management tools.
How Does This Capital One Savings Bonus Stack Up?
Want to compare this Capital One savings bonus to what else is available? Here are some of the other promotions that are available.
Discover Online Savings
Earn up to a $200 bonus when you open a Discover Online Savings Account and make qualifying deposits.
TD Bank Signature Savings Account
Earn a $200 cash bonus when you make qualifying deposits.
BMO Smart Advantage Checking
Earn a $350 bonus when you sign up for a BMO Smart Advantage checking account and complete qualifying activities.