Updated October 16, 2023

Capital One Checking Account Bonus

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Curious about Capital One promotions? Discover their latest checking bonuses, how to qualify, and more to optimize your rewards.

Capital One offers awesome bonuses worth watching out for.

You don't just get to open an account with a major bank — you are also rewarded for doing so.

However, Capital One's checking bonuses are only available for a limited time, so here is how you can make the most out of them.

What Is A Capital One Checking Account Bonus?

Capital One's checking bonus is a promotional offer designed to incentivize people to open a new 360 Checking account. It often involves fulfilling certain requirements to qualify for the bonus.

The criteria to get the bonus can vary, but it usually entails making a minimum deposit, sharing a referral link, receiving direct deposits, and the like.

Once the requirements are met, customers can receive a cash bonus or other incentives being offered.

Do Capital One bonus offers expire?
Yes, Capital One bonuses often have expiration dates. They usually indicate the time frame within which you must meet the requirements to qualify for the bonus.

How Do You Earn A Bonus From Capital One?

Although bonus offers may change from time to time, here's how you typically earn a Capital One checking bonus:

  1. Enter the bonus code upon opening an account.
    Eligible patrons will receive a link to a bonus code (via email), so make sure to use it within the promo period.

  2. Set up direct deposits.
    You must receive a minimum of 2 direct deposits up to a certain amount and within a specific time frame.

  3. Receive your bonus.
    Capital One usually pays the bonus within 60 days after fulfilling the requirements.

Who Is The Capital One Checking Bonus Best For?

Capital One's checking bonus is ideal for those who are eligible to apply and can fulfill the incentive requirements.

It is also a great benefit for Capital One patrons who want to develop a long-term relationship with the bank.

About Capital One 360 Checking

Capital One 360 Checking is a convenient and flexible checking account for those who want a smooth banking experience.

It boasts the following key features:

  • No monthly fees
  • No minimum balance requirements
  • Access to your paycheck up to two days early[1]
  • Access to 70,000+ fee-free ATMs[2]
  • Cash deposits at CVS locations
  • Fee-free overdraft protection
  • Access to Capital One Cafes in select cities[3]

Does Capital One offer other checking accounts?
Aside from the 360 Checking, Capital One also has the MONEY Teen Checking account which is designed for kids and teens aged 8-17 and comes with parental controls.


How To Open A Capital One Checking Account?

There are mainly 2 ways to open a Capital One Checking account: online and in-person. Either way, here are the usual steps involved:

  1. Visit the Capital One website or go to a Capital One location near you.

  2. Fill out the Capital One 360 Checking account application form and provide the necessary documents.

  3. Activate your account by setting up online banking access and getting your debit card/checks.

Make sure to fund your account with any amount within 60 days to avoid account closure. Additionally, if you used a promo code, don't forget to fulfill the requirements.[4]

More About Capital One Promotions

Here are other things you should know about Capital One's promotional offers:

You don't have to be a new client.
You can still qualify for a bonus even if you are an existing Capital One customer (but for a different product). As such, your account must be in good standing. If you already have a 360 Checking account, you may be disqualified from participating.

Bonuses are taxable.
The bonus received upon opening a Capital One checking may be subject to taxes. Capital One will classify it as interest income and report it to the IRS using Form 1099-INT.

Bonuses can come in higher APYs.
Although Capital One often gives cash bonuses, there may be instances where they advertise a higher APY on their savings account for a certain period.

Conditions vary per promotion.
Every Capital One promotion has different requirements and conditions. Some entail setting up direct deposits while others require keeping a specific balance within a set time frame.

Can I get multiple Capital One bonuses?
Yes, it is possible to get more than one bonus from Capital One, albeit from different products. Capital One is also known for its credit card promotional offers. You may still be eligible for them even if you have already claimed a checking bonus.

Other Checking Account Promotions

FAQS

How do I get $400 from Capital One?
Capital One bonus offers differ from time to time. While there has been a previous $400 checking promotion at least once, this is not a fixed offer. Best to check our page to see their ongoing offers.

How long does it take to get your Capital One checking bonus?
It may take several weeks or even months upon fulfilling the bonus requirements to receive your Capital One checking bonus. Ultimately, this will depend on the actual promo terms and conditions.

How do I find Capital One promo codes?
Check out our page to ensure you get the latest Capital One promo codes. Once you see one, act on it quickly before it's gone.

Bottom Line

Capital One offers great promotions for those who want to earn a little extra cash. Eligible individuals must simply meet the requirements within a certain period to get the incentive.

However, most Capital One bonuses have a limited time frame, so seize the opportunity when there is one!

References

  1. ^ Capital One. Early Paycheck, Retrieved 8/29/23
  2. ^ Capital One. ATMs, Retrieved 8/29/23
  3. ^ Capital One. Cafe, Retrieved 8/29/23
  4. ^ Capital One. Adding money to your account, Retrieved 8/29/23
Chase
Member FDIC

Chase Total Checking® - $200 Bonus

Expires 1/24/2024
  • New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account with qualifying activities
  • Access to more than 15,000 Chase ATMs and more than 4,700 branches
  • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
  • JPMorgan Chase Bank, N.A. Member FDIC
  • Open your account online now
  • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
  • Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
Citibank

Citi Priority - Earn up to $2,000 Cash Bonus

Expires 1/9/2024
  • Earn up to $2,000 when you open a new eligible Citi checking account and enroll in the offer the same day
  • New to Relationship customers can choose their Relationship Tier.
  • Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds.
  • Maintain a minimum balance for 60 consecutive calendar days from the 21st day.
  • If your balance falls to a lower Balance Level at any point during the maintenance period, the bonus changes.
  • Bonus will be paid within 30 days after you successfully complete all required activities.
  • Restrictions apply.
Discover Bank
Member FDIC

Discover Online Savings - $200 Cash Bonus

Expires in 5 days

To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY923 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 12/14/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.

TD Bank
Member FDIC

TD Beyond Checking - $300 Cash Bonus

  • New customers who apply online for a TD Beyond Checking account can earn a $300 cash bonus after receiving direct deposits of $2,500 or more within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. Offer is available in these states: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
  • Three ways to go monthly maintenance fee-free: Monthly Maintenance fee waived when you set up direct deposits of $5,000 or more within a statement cycle, maintain a $2,500 minimum daily balance, or have a $25,000 combined balance across eligible TD accounts.
  • ATM perks: TD fees waived at any ATM and non-TD fees reimbursed when you keep at least a $2,500 daily balance
  • A little extra time. A lot of extra relief: Avoid fees with Grace Period, which gives you until 11 PM ET the next business day to fix an overdraft. Make sure your available balance is at least $0 by depositing enough to cover the overdrawn balance plus any additional transactions and TD will refund the overdraft fee to your checking account.
  • Fast and secure payments: TD Bank debit cards are backed by the Zero Liability guarantee and 24/7 fraud monitoring
  • Convenient locations with the longest hours around: We have over 1,100 locations from Maine to Florida that's open early, late, and weekends.
  • Get reimbursed for fees including two overdraft fees per year, all Rush Bill Payments, and one outgoing wire per statement cycle (domestic or international).
  • Additional TD Bank checking account perks worth talking about: Get 24/7 access to all your TD accounts with Online & Mobile Banking, plus Bill Pay, Send
  • Money with Zelle®, Mobile Deposit and Online Statements.
Bank of America
Member FDIC

Bank of America Business Advantage Checking Account - $200 Bonus Offer

Expires 6/30/2024
Earn a cash bonus in three steps:
  1. Open a new eligible business checking account by June 30, 2024
  2. Make Qualifying Deposits* of $5,000 or more in new money within 30 days of opening the new eligible business checking account
  3. Maintain an average balance of $5,000 for the next 60 days (day 31-90) during the maintenance period**
*Qualifying Deposits are deposits of new money, which is money not currently or previously held in any account at Bank of America or Merrill
**The maintenance period begins thirty-one (31) days after account opening and ends ninety (90) calendar days after account opening.
Member FDIC

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About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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