This offer is targeted, but there’s at least one conflicting DP which indicates that it may not be targeted (conflicting information from customer service representatives is nothing new; the majority of DPs indicate it is targeted). You should be able to call 1-888-464-0727 (press 2) to check if you are targeted. A customer service representative may also be able to pull up different offers for you.
Offer at a glance
- Maximum bonus amount: $200
- Availability: Nationwide, but targeted
- Direct deposit required: No
- Additional requirements: Make either 4 ATM deposits or withdrawals or debit card transactions OR make 2 mobile check deposits within the first 60 days.
- Hard/soft pull: Soft, as long as you opt out of overdraft protection
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: None
- Expiration date: January 31, 2017
The Offer
- Open a new Capital One 360 checking account with the promo code DCC200 and receive a $200 bonus when you:
- Make either 4 ATM deposits, 4 ATM withdrawals, or 4 debit card transactions in the first 60 days, OR
- Make 2 mobile check deposits in the first 60 days
The Fine Print
- To qualify for the bonus, you must be the primary account holder, and this has to be your first 360 Checking Account (this includes former Electric Orange accounts, too).
- You must enter the promo code DCC200 when opening the account to be eligible to receive the bonus.
- To earn the $100 bonus you must accept the terms and conditions on a new 360 Checking Account by January 31, 2017, 11:59 p.m. ET AND either make 4 ATM deposits or withdrawals or debit card transactions OR make 2 mobile check deposits
- You will receive the $200 credit to your checking account about 90 days after accepting the terms.
- This offer cannot be combined with any other Capital One Bank new account opening offer.
- All bank account bonuses are treated as income/interest, and as such you have to pay taxes on them.
Avoiding Fees
There are no monthly fees on this account and no early account termination fee.
Our Verdict
Recently there have been targeted offers of $400+, but the last big public offers were in 2014 (apart from this brief public $100 offer). If you’re targeted, this is a very good bonus due to its easy requirements. Do note that these bonuses are once per lifetime! You can’t take advantage of this one if you’re gunning for a $400 offer.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
Hat tip to u/_here_ on r/churning.
just got 1099 INT form online
what’s interesting is it only shows the 200$ bonus I got for Money Market, not the 200$ I got for the checking
Any DP’s on what counts for DD at Cap One 360? Santander, USAA??
I was not targeted, received bonus a few days after meeting reqs. Thanks DoC.
Wow, this was AMAZINGLY FAST. I applied online on Tues, Jan 24. Received ATM card on Jan 27. Purchased 4 small items that weekend and on Tues the next week, I had an extra $200 in my account. Now that is some serious free money. Don’t know what the targeting would be. I was NOT specifically targeted. I read about it on this site. I do, however, have 4 Capital One credit cards. My mind is still boggled by how a national bank can do this when you consider how many people it can reach. Hate I didn’t get the chance to tell more friends/family.
I was not target for this offer, so I didn’t think I would get the bonus. Initially opened the account on Jan 12th and did not do anything with it, since I read some DP’s saying you had to be targeted. Anyway fas forward to February, I completed 2 mobile deposits, and 4 debit purchases, I just received the $200 bonus!! This is one of the easiest bonuses to fulfill YAY!!!
Data point for what counts as direct deposit:
Targeted for $400
12/01 Opened account
12/16 ACH push from simple.com (a bank) for $500, which showed as direct deposit
02/07 No bonus up to today. Called Capital One, talked with a manager. She asked if Simple is a mobile app, and I said no, it’s what my employer uses (true, but out of context). The manager said I met the requirements, but had to manually deposit the bonus
Interesting, won’t add this DP as it required manual intervention.
Sure, maybe add simple.com as not working?
Problem is that it might have worked if left, so hard to know.
But bonus usually posts a lot quicker than having to wait more 1.5 months – so I wouldn’t count on simple.com working in the future.
I am trying TIAA – wish me luck!
Opened on 1/17 offer code KK4
1/25 Transfer from Wells Fargo $250
1/30 transfer from Wells Fargo $250
2/1 Cha-Ching! New Account Bonus $200
Were you targeted?
WF did NOT work for me for the $400 promotion in Boston. WF coded as “DDA to DDA,” while my real direct deposit coded as “Payroll.”
Did the payroll trigger the bonus?
I am in the same boat. May I ask has the WF ACH transfer trigger the 400 bonus in the end? Thanks.
so why would DDA to DDA not work? Not sure why this is a data point
Been a CC holder with CapOne for 15 years. Called the # and was told I had no targeted offers for Checking account bonuses.
applied on 1/23, deposited the checks right away. check posted on 1/24
bonus pending 2/1
never received any target email or anything shown when I logged in (I do have credit card with them)
I also received an offer in the mail for $200, current savings account holder and have one credit card.
However, the website and offer code are different: KK4
https://www.capitalone.com/checking200bonus/
Requires DD x2 $250 – but glad I finally got targeted!
hi there, I see two bonus offers out there for capital one 360 one with 200 bonus other with 400 bonus, i dont see any difference in eligibility criteria for these two offers, can i opt for 400 bonus while opening an account. Just want to make sure i didnt miss to check any other hidden requirements. Thanks in advance
Are you sure they don’t have any targeted language? Usually they will say: IF YOU DID NOT RECEIVE AN EMAIL OR MAIL PIECE DIRECTLY FROM CAPITAL ONE 360 WITH THE ABOVE CODE, YOU ARE INELIGIBLE FOR THIS BONUS OFFER.
oops i over looked that, thank you…