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The Offer
Direct Link to offer (note: there’s targeted language there)
- Capital One 360 Money Market customers are being offered a bonus of up to $1,000. The bonus you receive depends on the amount you deposit by October 25, 2022 and maintain the minimum balance through January 24, 2023.
- Deposit $25,000+ and get $250 bonus
- Deposit $50,000+ and get $500 bonus
- Deposit $75,000+ and get $750 bonus
- Deposit $100,000+ and get $1,000 bonus
The Fine Print
- This bonus offer is meant only for the original recipient. Those who are not the original recipient will not receive a bonus. Please don’t share it.
- Here’s the scoop on how to earn your bonus.
- Increase your current balance in the 360 Money Market account identified by the last 4 digits of the account number in the offer email you received by depositing $25,000 or more of new money from an external bank (deposits from Capital One accounts will not qualify) between 12:00 a.m. ET on September 27, 2022 and 11:59 p.m. ET on October 25, 2022 (the “Funding Period”), then keep the new money in your account between 12:00 a.m. ET on October 26, 2022 and 11:59 p.m. ET on January 24, 2023. We reserve the right to review all transfers and deposits at our discretion and the following activities may not qualify for the bonus: any portion of new money to your 360 Money Market account that has been withdrawn and redeposited back into that account. The amount of your bonus will be determined as follows:
- $250 bonus – The new money you deposited from an external bank during the Funding Period was between $25,000 and $49,999.99 (Tier 1), and you maintained the total amount of the new money deposited in the account until 11:59 p.m. ET on January 24, 2023.
- $500 bonus – The new money you deposited from an external bank during the Funding Period was between $50,000 and $74,999.99 (Tier 2), and you maintained the total amount of the new money deposited in the account until 11:59 p.m. ET on January 24, 2023.
- $750 bonus – The new money you deposited from an external bank during the Funding Period was between $75,000 and $99,999.99 (Tier 3), and you maintained the total amount of the new money deposited in the account until 11:59 p.m. ET on January 24, 2023.
- $1,000 bonus – The new money you deposited from an external bank during the Funding Period was between $100,000 or more (Tier 4), and you maintained the total amount of the new money deposited in the account until 11:59 p.m. ET on January 24, 2023.
- If the balance of new money you deposited during the Funding Period drops to a lower Tier at any point between 12:00 a.m. ET on October 26, 2022 and 11:59 p.m. ET on January 24, 2023, you’ll earn the lower Tier bonus. If the balance of new money you deposited during the Funding Period drops below $25,000, you will not qualify for a bonus. If you make additional deposits after October 25, 2022 to reach a higher Tier, you’ll only be eligible for the lower Tier bonus.
- This offer is only eligible for the account referenced in the email which you received. You may be eligible for other offers that you received via email. The bonus is only valid for the savings account ending in the last four numbers indicated in your email.
Our Verdict
You’d need to keep the funds invested for a minimum of three months, but more likely closer to four months if you give yourself some time to transfer funds in and out. This account already earns 2% 0.79% APY and this is an extra 3% APY based on the four month period. Unfortunately this is targeted.
Hat tip to Bonus_Chaser
