Capital One Bank Bonus Guide
Capital One offers up to $2,750 across checking and savings bonuses. With no monthly fees, no ChexSystems check, no hard credit pull, and nationwide online availability, Capital One is one of the most accessible banks for bonus hunters. Here is everything you need to know about earning the Capital One bank bonus.
Capital One Checking Bonuses
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Capital One checking
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360 Checking
Capital One Savings Bonuses
Capital One 360 Checking Bonus: $250
The Capital One 360 Checking account offers a $250 cash bonus for new customers. This is one of the easiest checking bonuses to earn because the direct deposit requirement is low and there are no monthly fees to worry about.
| Bonus Amount | $250 |
| Requirement | Two qualifying direct deposits within 75 days |
| Direct Deposit Min | $250 per deposit |
| Monthly Fee | $0 (no monthly fees ever) |
| Hard Pull | No |
| ChexSystems | Not sensitive |
| Bonus Posts | Within 60 days of meeting requirements |
Capital One 360 Performance Savings Bonus: $200
The 360 Performance Savings bonus rewards new customers who park $10,000 or more in the account for 90 days. While the $200 bonus is smaller than the checking offer, you earn a competitive APY on the deposited funds during the holding period, making the effective return higher. This is one of the best savings bonuses for its low barrier to entry.
| Bonus Amount | $200 |
| Requirement | Deposit $10,000+ and maintain balance for 90 days |
| Monthly Fee | $0 |
| Hard Pull | No |
| ChexSystems | Not sensitive |
| Bonus Posts | Within 45 days after 90-day holding period |
How to Earn the Capital One Bank Bonuses
Step 1: Open the account(s) online
Open a Capital One 360 Checking and/or 360 Performance Savings account at capitalone.com. Both accounts have no monthly fees and no minimum opening deposit. You can open both simultaneously to earn both bonuses.
Step 2: Meet the requirements
For the 360 Checking bonus, set up direct deposit from your employer and receive at least two qualifying deposits within 75 days. Each deposit must be at least $250. For the savings bonus, transfer $10,000 or more into the 360 Performance Savings account and keep it there for 90 days.
Step 3: Wait for bonuses to post
The checking bonus typically posts within 60 days after your second qualifying direct deposit. The savings bonus posts within 45 days after the 90-day holding period ends. Keep both accounts open and in good standing until the bonuses hit your account.
Step 4: Decide whether to keep or close
Since both accounts have no monthly fees, there is no cost to keeping them open indefinitely. The savings account continues earning a competitive APY on your balance. If you plan to close, wait at least 180 days to avoid any potential early termination issues.
Why Capital One Is Great for Bank Bonuses
No Monthly Fees
Zero monthly maintenance fees on both 360 Checking and 360 Performance Savings. No minimum balance to avoid fees. No overdraft fees on checking. You keep every dollar of your bonus.
No ChexSystems Check
Capital One does not use ChexSystems for its 360 accounts. If you have been denied at other banks due to ChexSystems, Capital One is a strong alternative. See our no-ChexSystems guide for more options.
No Hard Credit Pull
Opening a Capital One bank account does not trigger a hard credit inquiry. Your credit score is not affected, making it safe to pair with other bonus applications.
Low Direct Deposit Requirement
The 360 Checking bonus only requires two direct deposits of $250 each — one of the lowest thresholds of any major bank bonus. Compare this to Chase or U.S. Bank, which often require $500+ per deposit.
Nationwide Online Access
Capital One 360 accounts are available in all 50 states with full online banking. No branch visit required to open or manage accounts. Unlike regional banks like KeyBank (15 states), anyone can apply.
Competitive Savings APY
The 360 Performance Savings account earns a competitive APY. Your $10,000 deposit continues earning interest during and after the 90-day holding period, adding to the $200 bonus return.
Capital One Bonus Eligibility Rules
- •New customer required: You must not currently hold a Capital One 360 Checking or 360 Performance Savings account (depending on the offer). Former customers may need to wait before reapplying.
- •Checking: Two direct deposits within 75 days: Receive at least two qualifying direct deposits of $250+ each within 75 days of opening. Employer payroll is the safest option.
- •Savings: $10,000 deposit for 90 days: Deposit at least $10,000 in new funds and maintain the balance for 90 days. The lower threshold compared to other banks (like Amex at $25,000) makes this more accessible.
- •No hard pull: Capital One performs only a soft inquiry. Your credit score is not impacted.
- •No ChexSystems: The 360 accounts are not ChexSystems-sensitive. This means Capital One will not check your ChexSystems report, making these bonuses available even if you have been denied elsewhere.
- •No overdraft fees: The 360 Checking account does not charge overdraft fees. If you overdraft, Capital One may decline the transaction or cover it with an auto-transfer from linked savings.
Capital One Bonus vs Other Bank Bonuses
How does the Capital One bonus stack up? Here is a comparison with other popular bank bonuses available right now.
| Bank | Total Bonus | Monthly Fee | ChexSystems | Hard Pull |
|---|---|---|---|---|
| Capital One | $450 (checking + savings) | $0 | No | No |
| Chase | $200-$500 | $12 (waivable) | Yes | No |
| Amex | Up to $550 | $0 | Varies | No |
| Discover | $150-$200 | $0 | No | No |
| BMO | Up to $850 | $15 (waivable) | Yes | No |
| Wells Fargo | $325 | $10 (waivable) | Yes | No |
Capital One stands out for accessibility: no fees, no ChexSystems, no hard pull, and a low direct deposit threshold. While the $450 total is not the highest available, the ease of earning makes it ideal for beginners or anyone with ChexSystems concerns. For larger bonuses, see our highest bonuses ranking.
Capital One Direct Deposit Tips
The 360 Checking bonus requires two qualifying direct deposits of $250+ each within 75 days. Here is what works and what to avoid.
Confirmed to Work
- ✓Employer payroll direct deposit
- ✓Social Security payments
- ✓Government benefit payments
- ✓Pension / retirement distributions
May Not Work
- ✗ACH transfers from other banks (YMMV)
- ✗Zelle, Venmo, or PayPal transfers
- ✗Wire transfers
- ✗Internal Capital One transfers
For more strategies on meeting direct deposit requirements, see our direct deposit alternatives guide.
Capital One Bonus Strategy Tips
Stack checking + savings for $450 total
Open both accounts at the same time. The checking requires direct deposits, while the savings requires a deposit balance. You can complete both simultaneously since the requirements do not overlap.
Use Capital One as your no-fee backup bank
Since both accounts have zero monthly fees and no overdraft fees, Capital One works well as a long-term secondary bank. Keep the accounts open after the bonus and use the savings account for emergency funds or short-term savings goals.
Pair with a higher-value bonus
Because Capital One has no hard pull and no ChexSystems check, you can safely open these accounts alongside other bank bonuses without risk. Consider pairing with a Citi bonus or Chase bonus for maximum total earnings.
Time the savings deposit around other bonuses
The $10,000 savings deposit ties up capital for 90 days. Plan this around your other bonus requirements. If you are also chasing a large deposit bonus elsewhere, stagger the timing so you do not need all the funds at once.
Tax Implications
Bank bonuses are taxable income. Capital One will issue a 1099-INT or 1099-MISC form for bonuses of $600 or more. If you earn both the $250 checking and $200 savings bonuses ($450 total), you will likely receive a 1099 form. Even if the individual bonuses fall below the $600 threshold, you are still required to report the income on your tax return. In the 22% federal tax bracket, $450 in bonuses results in approximately $99 in federal taxes, leaving you with $351 net. For more details, read our bank bonus tax guide.
Frequently Asked Questions
Does Capital One offer a checking account bonus?
Yes. Capital One offers a $250 bonus on its 360 Checking account when you receive two or more qualifying direct deposits within 75 days of account opening. The account has no monthly fees, no minimum balance, and no overdraft fees.
Does Capital One offer a savings account bonus?
Yes. Capital One offers a $200 bonus on its 360 Performance Savings account when you deposit $10,000 or more and maintain the balance for 90 days. The account has no monthly fees and earns a competitive APY.
Can I get both the Capital One checking and savings bonus?
Yes. Capital One offers separate bonuses for checking and savings accounts. You can open both to earn up to $450 total. The 360 Checking requires direct deposits, while the 360 Performance Savings requires a $10,000 deposit held for 90 days.
Does Capital One do a hard pull or ChexSystems check?
No. Capital One does not do a hard credit pull for bank account applications, and neither the 360 Checking nor 360 Performance Savings accounts are ChexSystems-sensitive. This makes Capital One one of the most accessible banks for bonus hunters.
How long does it take to receive the Capital One bonus?
The 360 Checking bonus typically posts within 60 days after meeting the direct deposit requirements. The 360 Performance Savings bonus typically posts within 45 days after the 90-day holding period ends. Keep accounts open and in good standing until the bonus posts.
What counts as a qualifying direct deposit at Capital One?
Capital One accepts employer payroll deposits, government benefit payments (Social Security, tax refunds), and pension deposits as qualifying direct deposits. ACH transfers from other banks may or may not qualify. The safest approach is to use your employer payroll.
Does Capital One charge monthly fees on bank accounts?
No. Both the 360 Checking and 360 Performance Savings accounts have zero monthly maintenance fees. There are no minimum balance requirements to avoid fees. Capital One also does not charge overdraft fees on its 360 Checking account.
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