Capital One's September 2026 360 Checking offer has two $250 bonus paths: DEBIT250 and CHECKING250. The best choice depends on whether you can complete qualifying debit purchases or receive qualifying direct deposits. Both paths apply to a new 360 Checking account and have a 75-day qualification period.
Table of Contents
- Which $250 offer should you choose?
- What counts for DEBIT250?
- What counts as a qualifying direct deposit?
- Who is eligible for the bonus?
- When will the bonus arrive, and what does the account cost?
Which $250 offer should you choose?
Choose DEBIT250 if you can reliably make 20 everyday debit-card purchases over $10. Choose CHECKING250 if you can receive two qualifying direct deposits of at least $500 each.
Capital One presents both options on its 360 Checking offer page. You can use only one promo code and receive only one new-account bonus per account. The practical comparison is simple:.
- DEBIT250: 20 qualifying debit-card purchases above $10 within 75 days.
- CHECKING250: Two qualifying direct deposits of $500 or more within 75 days.
What counts for DEBIT250?
For DEBIT250, open a new 360 Checking account using the DEBIT250 code and make 20 qualifying debit-card purchases greater than $10 within 75 days. A $12 grocery purchase or $15 pharmacy purchase can help meet the requirement. Several smaller purchases of $10 or less do not count, even if their total exceeds $10.
Capital One excludes ATM transactions, peer-to-peer payments such as Zelle and Venmo, ACH payments, fraudulent purchases, and PIN-based cash withdrawals from the qualifying-purchase count. Keep your debit-card activity focused on ordinary merchant purchases to avoid relying on excluded transactions. Capital One's offer terms describe these exclusions.
What counts as a qualifying direct deposit?
For CHECKING250, open a new 360 Checking account with the CHECKING250 code and receive at least two qualifying direct deposits of $500 or more each within 75 days. A qualifying direct deposit is a recurring payment sent by an employer or outside entity through ACH or the Real-Time Payments network. Salary, pension payments, government benefits, and other monthly income can qualify.
Moving money from another account you control will not satisfy this requirement. Capital One also excludes self-initiated transfers and wire transfers from qualifying direct deposits. Capital One's current offer page lists the deposit rules.
Who is eligible for the bonus?
You are not eligible if you were a primary or secondary holder of a Capital One 360 Checking, Simply Checking, or Total Control Checking account on or after January 1, 2024. Before applying, check these points: The account must remain open and in good standing when Capital One pays the bonus. The bank reports the bonus on Form 1099-INT, so plan for its tax treatment.
- You are opening a new 360 Checking account.
- You have not held one of the listed checking accounts since the eligibility date.
- You entered the intended promo code during account opening.
- You can finish that offer's requirements within 75 days.
When will the bonus arrive, and what does the account cost?
Capital One allows up to 135 days from account opening to pay either $250 bonus: up to 75 days to complete the requirements and up to 60 additional days to review and deposit the reward. Capital One explains that payment timeline in its offer terms.
The 360 Checking account has no monthly service charge and no minimum balance requirement. Capital One may end or change an offer before you accept it, so read the displayed code and terms immediately before applying.
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