Capital One is giving targeted Capital One 360 existing customers a bonus of either $150 for adding $20,000 or $450 when adding $50,000 to their account. Details below!
Capital One 360 Existing Customer Offer
Capital One has sent out emails promoting this offer to customers with an existing Capital One 360 Performance Savings account. Existing customers can get either of the following:
- Get a $450 bonus when you deposit $50,000 or more of new money by May 31, 2020 and maintain the balance in the account until 11:59 p.m. ET, August 29, 2020.
- Get a $150 bonus when you deposit $20,000–$49,999.99 of new money by May 31, 2020 and maintain the balance in the account until 11:59 p.m. ET, August 29, 2020.
Terms & Conditions
- This bonus offer is meant only for the original recipient. Those who are not the original recipient will not receive a bonus offer.
- Increase your current balance by depositing $20,000 or more of new money from an external bank account into your 360 Money Market account mentioned by the last 4 digits of the account number in the communication you received between 12:00 a.m. ET on June 2, 2020, and 11:59 p.m. ET on June 30, 2020. Transfers between Capital One accounts will not qualify. Any portion of your 360 Money Market account balance, including new deposits, that has been withdrawn and redeposited back into that account will also not qualify. The amount of your bonus will be determined as follows:
• $150 bonus – The money you deposited from an external bank was between $20,000 and $49,999.99 (Lower Tier), and you maintain the balance in the account until 11:59 p.m ET, September 28, 2020.
- • $450 bonus – The money you deposited from an external bank was $50,000 or more (Higher Tier), and you maintain the balance in the account until 11:59 p.m ET, September 28, 2020.
- If your balance drops to the Lower Tier at any point between 12:00 a.m. ET on July 1, 2020, and 11:59 p.m. on September 28, 2020, you’ll earn the Lower Tier bonus. If your deposited balance drops below the Lower Tier, you will not qualify for a cash bonus. If you make additional deposits after June 30, 2020 to reach the Higher Tier, you’ll only be eligible for the Lower Tier bonus.
- This offer cannot be combined with any other Capital One offers. The bonus is only valid for one account.
The Bottom Line
Remember, even though every one can see the promotion through the link I’ve provided, only those who received the promotional email will get the bonus.
It’s a really good deal for existing Capital One 360 Performance Savings customers. They have a similar new customer sign up bonus, but this is one of the rare occasions that existing customers get a bonus for depositing more money into their account.