The Offer
- Receive a $25 bonus from Capital One 360 when you open a savings account with them and fund it with a minimum opening deposit of $250.
The Fine Print
- Only available to customers who’ve never held a Capital One 360 savings account before (or
- Bonus is not available for withdrawal for a period of thirty days after account opening
- Bank account bonuses are treated as interest and as such you must pay tax on them
Avoiding Fees
This account does not come with a monthly or early account termination fee. As such there are no fees to avoid
Easiest Way To Hit The Bonus
- Open account with a $250 or more initial deposit
- Wait 30 days for your bonus to clear and for it to be eligible to be withdrawn
- Withdraw it to your usual checking account
Our Verdict
- No hard credit pull to open a Capital One 360 Savings Account
- Not fund-able by credit card
- No direct deposit required
Like the $50 checking bonus we just posted about from Capital One 360, it’s better to wait until one of their larger promotions come around before signing up for this savings account, as you can only earn this bonus once. They usually have the following bonuses each year:
- Independence Day / 4th of July (usually a sign up bonus of $76, deal should run from July 1st till July 3rd this year)
- Black Friday (usually a sign up bonus of $75, deal should run from November 28th till November 3rd this year
Make sure you join our mailing list and we will let you know when either of these deals go live.
Edit, it should be November 28 not December 28
Thanks, made the change.