Capital One 360 Checking direct deposit bonus: $250 and what it takes
Live, no end date shown by the bank
Checked against the bank's page on .
The offer in one paragraph
Capital One pays $250 when you open Capital One 360 Checking as a new customer. To earn it, receive $1,000 in direct deposits within 75 days. The account has no monthly fee. Its terms name no state limit, and the bank decides at application. The bank shows no end date.
Do not add these together
Cannot be combined with the 360 Checking offer for debit purchases.
Bonus Tally may earn a commission when you open an account through links on this page. It never changes the math or the ranking.
How to earn it
- Open Capital One 360 Checking online, as a new customer.
- Use the offer code CHECKING250 when you apply.
- Receive at least 2 direct deposits of $500 or more each, totaling $1,000 or more, within 75 days.
- Wait for the bank to pay the bonus. Its terms say when it pays once you meet the requirements.
Day counts follow the bank's terms, which say when each period starts.
Payments that count differ by bank: what counts as a direct deposit.
When the bank pays. Capital One reviews the account after the first 75 days and can take up to 60 more days to pay, so the bonus should arrive within 135 days of opening.
Use code CHECKING250 and receive at least two direct deposits of $500 or more each within 75 days. Capital One counts regular income such as pay, a pension or Social Security sent by ACH or the Real-Time Payments network from an employer or another outside payer. Wires, and transfers you start from Capital One's website or app, do not count.
You are excluded if you have had a 360 Checking, Simply Checking or Total Control Checking account with Capital One, as primary or secondary owner, on or after January 1, 2024. An account takes one code, so this offer and the debit card offer are one or the other.
Capital One sets no minimum balance for the bonus, but the account must be open and in good standing when it pays.
The numbers
- Bonus
- $250
- Cash to park
- None
- Direct deposits
- $1,000 in totalWithin 75 days.
- Annual rate
- None: no cash to parkThe rate measures the bonus against cash you park. This tier asks for none.
- Monthly fee
- None
- Early closure
- Not published
- Tax form
- Form 1099-INTAs the terms name it.
Guides to these figures: how the annual rate is calculated, monthly fees and how to avoid them and early closure fees and clawbacks.
Worth it for you
Out of reach with these numbers. Needs $1,000 in direct deposits within 75 days, you entered no direct deposit.
Assumes a 4.00% savings rate on the parked cash and no tax figure. The bonus calculator takes your own rates and compares every live offer.
Bank bonuses are generally taxable as interest income, and banks usually report them on Form 1099-INT. Banks change and end offers without notice. Confirm every term on the bank's own page before you apply.
Who can get it
- For
- Personal accounts
- Customers
- New customers only
- Where
- No state limit in the termsThe bank decides at application
- Minimum age
- Not published
Before you apply: how often you can earn a bonus from one bank and whether opening an account affects your credit.
Tier
| Bonus | What it takes | Cash to park | Annual rate | In words |
|---|---|---|---|---|
| $250 | Direct deposit: $1,000 in direct deposits | None | no cash to park | Open a new 360 Checking account with code CHECKING250 and receive at least two qualifying direct deposits of $500 or more each within 75 days. |
Source
Checked against the bank's own page on .
Read the offer on Capital One's page (opens in a new tab)
Bonus Tally may earn a commission when you open an account through links on this page. It never changes the math or the ranking.
Pages we read
- Offer page on www.capitalone.com, read
- Banks change and end offers without notice. Confirm every term on the bank's own page before you apply.
- Bank bonuses are generally taxable as interest income, and banks usually report them on Form 1099-INT. Are bank bonuses taxable has the detail.
- Bonus Tally is an information service, not a bank or a financial adviser. Nothing here is financial, tax or legal advice.
The verification log lists every offer with its source, and the methodology gives every formula.
Other bonuses from Capital One
Capital One and all its offers| Bank and account | Bonus | What it takes | Cash to park | Annual rate | Checked |
|---|---|---|---|---|---|
| Capital One 360 Performance Savings | Bonusup to $1,500 | What it takesDeposit and hold$100,000 | Cash to park$100,000 | Annual rate6.08% | Checked |
| Capital One 360 CheckingCannot be combined with the 360 Checking offer for direct deposit | Bonus$250 | What it takesDebit purchases | Cash to parkNone | Annual rateno cash to park | Checked |
Similar bonuses
Every live bonusLive personal offers from other banks, closest in size to this one, largest first.
| Bank and account | Bonus | What it takes | Cash to park | Annual rate | Checked |
|---|---|---|---|---|---|
| Bank of America Advantage Banking (SafeBalance, Plus or Relationship) | Bonusup to $500 | What it takesDirect deposit$10,000 in direct deposits | Cash to parkNone | Annual rateno cash to park | Checked |
| U.S. Bank Smartly Checking | Bonusup to $450 | What it takesDirect deposit$8,000 in direct deposits | Cash to parkNone | Annual rateno cash to park | Checked |
| Citibank Regular CheckingCannot be combined with the Citibank Regular Checking offer for deposit and hold | Bonus$325 | What it takesDirect deposit$3,000 in direct deposits | Cash to parkNone | Annual rateno cash to park | Checked |
| Valley Bank All Access Checking | Bonus$100 | What it takesDirect deposit$500 in direct deposits | Cash to parkNone | Annual rateno cash to park | Checked |