Capital One is a popular bank that primarily operates online. It’s known for low-cost checking and savings accounts, no foreign transaction fees and award-winning customer service recognized by J.D. Power.
Cap One frequently offers bonuses for new customers, most of which are signup bonuses for spending a certain amount with one of its credit cards. It also offers a checking and savings bonus, but you’ll need to meet some deposit requirements to earn those.
All Capital One bonuses at a glance
| Capital One 360 Checking | $250 bonus cash | Open the account with promo code CHECKING250, set up direct deposits and receive at least two direct deposits of at least $500 each within 75 days of opening. |
| Capital One Performance Savings | Up to $1,500 | Open the account with promo code BONUS1500. Deposit at least $20,000 to earn $300, $50,000 to earn $750 or $100,000 to earn $1,500 within 15 days of opening. You must maintain the balance for at least 90 days to earn the bonus, which is deposited within 60 days after meeting requirements. |
Capital One’s best bonus offer
Cap One’s 360 Checking $250 bonus is pretty solid, and its requirements to earn the bonus are notably easier than other top account bonus offers. The CHECKING250 promo code was easy to find, and the direct deposit requirements are simple enough. Additionally, the account itself has no monthly fees, opening deposit requirements or foreign transaction fees.
Its credit card bonuses are pretty great, too, only requiring you to spend a certain amount on purchases within a few months. And it’s worth calling out that Cap One also offers bonuses for its student credit cards, which isn’t as common among other institutions.
Cap One annual travel credit bonuses
If you’re the account holder of a Capital One Venture X credit card, you also get bonus travel credits on the anniversary of account opening.
Annually, Venture X primary account holders will get a $300 travel credit that can be used through Captial One Travel, and the credit expires on your next anniversary. You can use the credit for one purchase or spread it across multiple (those rewards won’t be earned with purchases using the travel credits).
To be eligible for these anniversary bonuses, you must have an open Venture X credit card account and the account must be in good standing.
What does Cap One consider a qualifying direct deposit?
One of the requirements to earn the 360 Checking $250 bonus offer involves receiving two direct deposits of at least $500 each within 75 days of opening.
Capital One considers a qualifying direct deposit as a regular payment, such as salary, pension, government payments or other monthly income that’s paid through ACH or Real-Time Payment network credit.
Compare more bank account bonuses
Capital One offers checking, savings and credit card bonuses pretty frequently. But don’t just open an account for the bonus cash — first, make sure the account is good.
Compare more bank account bonus offers.
Frequently asked questions
What is the $1,000 bonus offer from Capital One?
Capital One doesn’t have a $1,000 bonus cash offer at the time of writing. However, the Capital One Venture and Venture X card bonus offers up to 75,000 in bonus miles after spending a certain amount, which may equate to $1,000 depending on how you redeem the travel miles.
Capital One is also known to offer up to $1,500 in bonus cash for its Performance Savings account, but that requires depositing $100,000 and holding that balance for 90 days to earn.
Are there banks with immediate signup bonuses?
For the most part, bank account bonuses aren’t paid out immediately. This delay exists because most bonus offers have requirements you must meet first, such as setting up direct deposit, making a certain number of purchases or depositing a lump sum of cash.
Once the requirements are met, the bonuses may be paid out immediately, or you may be paid over a few months. Be sure to read the fine print of any bank account bonus offers to know when the bonus will be delivered and exactly what you need to do to earn it.
