Capital One 360 Checking $100 Bonus

Capital One : 360 Checking

Bonus Amount
$100
Account Type
Personal Checking
Available In Your Area?
Yes
Offer Expires In
Bonus Requirements
  1. Open a 360 Checking account using the promo code SHARE100.
  2. Within 90 days, receive 2 direct deposits each of $200 or more.
  3. Bonus will be credited to your account within 5 months of account opening.
Other Details
Hard Credit Pull?
Monthly Fees?
Open Online?
Save for later
Share with a friend

Capital One is offering a $100 welcome bonus for opening a 360 Checking account and receiving direct deposits.

This is one of the lowest bonuses Capital One has offered (in the past, they've offered as much as $400, but the direct deposit requirement was slightly higher).

In our opinion, it's worth waiting to see if a higher offer come back around. But keep in mind that Capital One has been decreasing the amounts with each iteration, so there's no guarantee.

On the bright side, it's a free account from a solid national bank, and the requirements are low.

How To Earn The Bonus

The Capital One 360 Checking promotion requires you to set up direct deposits in order to earn the $100 bonus. Full requirements to receive this bonus are:

  1. Open a 360 Checking account using the promo code SHARE100.
  2. Within 90 days, receive 2 direct deposits each of $200 or more.
  3. Bonus will be credited to your account within 5 months of account opening.

The fine print

  • If you have or had an open 360 Checking account as a primary or secondary account holder with Capital One on or after January 1, 2018, you will be ineligible for the bonus.
  • If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus.
  • A qualifying direct deposit is a regular periodic payment, such as salary, pension, government payments (for example, Social Security), or other monthly income that occurs as an Automated Clearing House (ACH) or Real-Time Payment network credit from your employer or an outside institution. ACH credits or fund transfers initiated via the Capital One website or mobile app and wires are not considered a direct deposit.
  • This offer is for consumer accounts only.
  • This offer cannot be combined with any other 360 Checking account opening offers.
  • Only one promotional code is accepted.
  • Bonus is only valid for one new 360 Checking account.

Why Capital One?

Capital One Bank is the fifth-largest consumer bank and the eighth-largest financial institution in the U.S. The firm has become well known in recent years for credit cards and the popular slogan, "What's in your wallet?"

The bank has about 750 physical branches – most of which are in New York, Texas and Virginia – and 40,000 fee-free ATMs. Their products cover both personal and business, with their rates and fees surprisingly competitive for a national bank. In fact, their 360 Checking account has no monthly fee while also offering (a small amount of) interest on your balance – virtually unheard of.

Capital One's digital experience is also solid, with intuitive online and mobile apps that are well-reviewed (4.8 in the App Store with 3 million ratings) and offer the same features as most of the online-focused banks: card lock, mobile check deposit, instant alerts, reward tracking and redemption, face ID, and Zelle transfers.

Overall, Capital One is a really solid bank, and if you can also add on a welcome bonus? Well, that's the cherry on top.

360 Checking

Fees

360 Checking does not charge a monthly fee.