Capital One 360 $350 Checking Bonus

Get a $350 bonus when you open a new Capital One 360 checking account and make qualifying direct deposits. Learn more about the latest checking bonus from Capital One below!

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase BankSoFi, U.S. Bank, and Axos Bank.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

Ninja Update 10/30/23: The offer is ending early. It was originally planned to run until 01/09/24, but will stop after 10/30/23.

Capital One 360 Checking $350 Bonus Offer

Capital One is promoting a new checking bonus where you can earn a $350 bonus when you open a Capital One 360 Checking account and complete qualifying requirements:

How To Get Bonus:

  1. Open a new Capital One 360 Checking account using this link.
  2. Use promo code BONUS350 during account registration.
  3. Make at least 2 direct deposits, each of $250 or more, within 75 days of account opening.
  4. Get a $350 bonus deposited into your new account within 60 days of completing the requirements.

The 60-day period beings the day after your second qualifying direct deposit has been posted to your account.

Capital One 360 $250 checking bonus
(Image from Capital One)

Who qualifies for the Capital One checking bonus?

You qualify for the bonus unless you have or had an open 360 Checking account as a primary or secondary account holder on or after January 1, 2021.

What are the details?

Availability: Nationwide
Expiration: 10/30/2023
Household Limit: None (everyone in your family can get the bonus!)
Direct Deposit Required: Yes, 2 x $250+ (what qualifies as a direct deposit)
Hard/Soft Pull: Soft
Early Account Termination Fee: None


Avoiding Fees

Fortunately, there are NO monthly service fees to worry about and there are no early account termination fees either!

Terms & Conditions

Here’s the full scoop on how to earn your $350 bonus:

  • Open a 360 Checking account between 11:59 p.m. ET on January 9, 2024.
  • Ensure you enter in the promotional code BONUS350 in the Promo Code box.
  • Set up and receive at least 2 direct deposits each of $250 or more to your 360 Checking account within 75 days of account opening. 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 account is subject to approval.
  • 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.
  • The amount of your bonus will be reported on IRS form 1099-INT to the IRS (and your state revenue authority, if required).

The Bottom Line

Good deal considering most banks require larger direct deposit amounts. Making two direct deposits of only $250 each is doable for many readers.

Having said that, there’s a $400 version of this promotion that requires 2 direct deposits totaling $1,000. That bonus is 60% more than this one, so I’d recommend getting that one instead if you can swing it (and if it’s still available).

Capital One loves to give account opening bonuses. In previous years, they’ve offered $500 and even a whopping $1,000 to open a 360 Performance Savings account.

I’ll include this Capital One checking account promotion in my list of the best bank bonuses.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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1 year ago

This offer expired June 2022

2 years ago

Yes I had two credit cards and they notified me that I was eligible through the app when I was looking through my balances

Barbara J Wunder
Barbara J Wunder
2 years ago

I opened a Capital one 360 checking account in July 2021. I opened it online and I had to wait for my direct deposit to be switched to it from where I had it previously. I’m on SSI AND SSA, And I had 2 Capital one credit cards I had gotten in the past several months, which is why I decided to go with Capital one for a checking account.
Can I get the promo’s even though I didn’t know about the promo when I opened the account? The account is open and active with direct deposit monthly as my banking needs now. It has been since August 2021.
Barbara J WUNDER