Capital One is paying a $250 bonus for new 360 Checking accounts and up to $1,500 for new 360 Performance Savings accounts in 2026. Savers need to meet separate deposit rules, use promo codes, and keep the accounts in good standing.
Checking is Capital One's online checking account. 360 Performance Savings is its online high-yield savings account. Each bonus has its own deposit amount, timeline, and eligibility screen.
Table of Contents
- How the $250 checking bonus works
- How the savings bonus reaches $1,500
- What can disqualify you
- Fees, interest, and taxes
How the $250 checking bonus works
Open a new 360 Checking account with promo code CHECKING250. Then receive at least two qualifying direct deposits of $500 or more within 75 days.
According to Capital One, those are the core terms in the current checking promotion. Use this checklist before you apply: The checking offer had no published expiration date as of early September 2026. That makes timing less urgent than meeting the 75-day deposit window.
- Apply as a new checking customer with the promo code on file.
- Send two payroll or similar direct deposits of $500-plus within 75 days.
- Keep the account open and in good standing until the bonus posts.
How the savings bonus reaches $1,500
Open a new 360 Performance Savings account with promo code BONUS1500. Deposit new money from outside Capital One within 15 days. Then maintain the balance for 90 days. Doctor of Credit reports three tiers in its September 2026 breakdown.
Deposit $20,000 or more for $300. Deposit $50,000 or more for $750. Deposit $100,000 or more for $1,500. Only external new money counts toward the tier. Move the full target amount quickly, then avoid withdrawals that drop you below the tier.
What can disqualify you
Past checking customers face a strict cutoff. Anyone who held 360 Checking, Simply Checking, or Total Control Checking on or after Jan. 1, 2024 is ineligible for the checking bonus. The new account must also stay open and in good standing. The deposit type matters as much as the amount.
Wire transfers, ACH credits, and transfers started through Capital One's website or app do not count as qualifying direct deposits. Use employer payroll, government benefits, or another true direct deposit. Expect a wait after you qualify. The $250 checking bonus can take up to 135 days from account opening to post. Do not close the account during that period.
Fees, interest, and taxes
Performance Savings paid about 3.00%-3.10% variable APY in late September 2026, BestMoney lists in its late-September rate comparison. The account has no monthly fee and no minimum balance. It also carries FDIC insurance, so savers earn ongoing interest plus any bonus. Checking charges no monthly, overdraft, or minimum-balance fees.
It provides access to 70,000-plus fee-free ATMs. That lowers the cost of keeping the checking account active. Plan for taxes on either payout. Bank bonuses are reported as taxable interest income on Form 1099-INT. Set aside part of the bonus if you owe tax on interest.
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