Capital One $200 Checking & $200 Money Market Bonus

Offer at a glance

The Offer

Direct link to offer

  • Open a new Capital One 360 Money Market account and get a bonus of $200 when complete the following:
    • Use promo code BUN654 this is not autofilled! (Should be found under the funding your account tab)
    • Deposit $10,000 or more by July 31st, 2017
  • Open a new Capital One 360 checking account and get a bonus of $200 when you complete the following:
    • Use promo code BUN654 this is not autofilled! (Should be found under the funding your account tab)
    • Receive two direct deposits of $250 or more within 60 days of accepting the terms.

The Fine Print

  • These offers are only available for new customers and cannot be transferred.
  • If you’re an existing Capital One Bank or Capital One 360 customer or a Capital One Associate you won’t be eligible for the bonuses. To receive any of these cash bonuses, your account must be in good standing (not in default, closed, or suspended).
  • If you open an account through a business, it may be subject to closure/conversion. Bonus is only available for one 360 Checking account and one 360 Money Market account, and multiple new accounts will not qualify.
  • You must have a valid Social Security number to open a 360 Money Market or 360 Checking account.
  • Here’s how to qualify for the cash bonuses:
  • $200 360 Money Market account bonus:
  • Open your first Capital One 360 Money Market account online and deposit at least $10,000 no later than July 31, 2017, 11:59 p.m. ET.
  • Capital One will deposit the $200 cash bonus into your money market account approximately 6-8 weeks after you accept the account terms and conditions
  • $200 360 Checking account bonus:
  • Open your first Capital One 360 Checking account online no later than July 31, 2017, 11:59 p.m. ET.
  • Receive two direct deposits of $250 or more each within 60 days of your acceptance of account terms and conditions. Direct deposits must be an electronic deposit of one of the following: your paycheck from your employer, Social Security/pension or other government benefits. Direct deposit is subject to employer or other payor options.
  • Capital One will deposit the $200 cash bonus into your checking account approximately 6-8 weeks after you accept the account terms and conditions and complete the above conditions. Once the bonus is deposited, the funds will be available immediately.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Both accounts have no monthly fees to worry about. There is also no early account termination fees.

Our Verdict

We already knew that there was a $200 savings bonus, but this new bonus has a different expiration date. There is also a targeted offer for $400 on the checking account, but lots of reports for that working for everybody (but that might no longer be the case, YMMV). I’d say that this $200 checking bonus would be the safer option, but for a lot of people the risk is worth it for an extra $200. Personally I’d go for the $400 bonus & $200 savings bonus, but I’ll leave that decision up to you. I won’t be adding this to our best bonus page.

Big thanks to reader, iphonehome9 who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:
    William Charles
  • On June 13, 2017, 20:10

View Comments (44)

  • Received $200 checking bonus after 2 ACH transfers from Ally Bank. Waiting on my $200 for $10K Money Market. Wondering how long I need to wait before I transfer the $10K back out of account. Any know?

  • Opened MM on 06.13 and missed to transfer 10k by 06.30 per the old bonus code requirements. The account is still open. Any DP's on getting the bonus by transferring 10k after june 30th ? TIA

  • Opened account with 400 checking offer and shortly after that opened money market account with 200 offer (code BUN654). Received 400 bonus after 2 dd. For money market transferred 7000 in and out and then 3000 in and out as suggested to work in other thread, but I dont see money market bonus after a week.

    Now when I re-read terms to this offer I see that existing customers dont qualify, and after 400 checking you're considered existing customer. So my guess would be this offer is not stackable with 400 checking offer.

    200GROW offer however dont have new customer requirement but requires to "open your very first 360 Money Market account". So 400 checking and 200GROW money market is stackable.

    I'll update if this bonus posts.

    • It sounds like you never had 10k in the MM account at one time. If that is the case, I think that would explain the lack of bonus.

      • I'll try this later, but comments at other 200 money market thread provided a dps where deposit may be transferred partially and withdrawn while totally meeting 10k. Dont see why here it should be different.

      • There are multiple DPs of folks never having 1000 in account and getting bonus anyway.

  • Scam accounts. They claim to have atms everywhere you can use to deposit and withdraw yet nothing in areas. Called in regard to an overdraft issue and. Basically told they could care less if I was a customer. Seems like they just want to charge the overdraft fee so make it that you can't deposit
    Even told to get a money order did that. Not accepted form of deposit
    On app. The. Told to open another account to transfer the money in there from
    A different bank. If opening at a different t bank might as well let them have all my business. Horrible treatment

  • Did anyone who already has/had a 360 savings account, get the bonus for the checking and/or the money market accounts? Please post your data points! Thanks.

  • Went to use the PLUS400 promo on a new Capital One 360 account. Following the PLUS400 landing page's "Open Now" button, I filled in the info. The process actually AUTOFILLED the BUN654 after checking my information and proceeding to the funding page. I decided to not try the PLUS400 and stick with BUN654 as the system autofilled it. Midwest location.

    I went to create another account for my wife but the system denied her account. Does Capital One 360 not allow two accounts from the same address?

    • When I made my account sometime last week it also autofilled. I was kind of panicking since I made my account and then read DOC's writeup and I had forgotten it was autofilled but I'm glad there's someone who also had it autofilled

      • Hey Will! Feeling like giving back with DPs since y'all made me over $1k now. Schwab Brokerage deposits on July 3rd and 5th both for 250.01. Bonus just posted today 7/7! $200 from the BUN654 code and I was not targeted. The form did auto-fill this code though upon my information being inputted, as I was planning to try for $400 but the auto-fill confirmed for me to just go with $200. Thanks!

        • Did your Schwab brokerage deposits register as "Deposits" on capital one account or as "Electronic transfers"?

          • Trans type: Electronic Transfer
            Appears on statement as: Deposit from SCHWAB BROKERAGE MONEYLINK
            Memo: MoneyLink

            Gonna be at it again soon on my S/O's new 360 acct for $300. I'll update if that works as easily. So far so good, Schwab made the deposits even with the different acct holder name.

  • Hi everyone. Wanted to share a conversation with customer service, after signing up for the offer:

    "Thanks for your patience! Upon further investigation I've confirmed that this bonus offer was targeted to select Capital One credit card customers - I'm not showing any credit card accounts on file in your name, so I'm not able to guarantee that this bonus will post online after you've met the bonus requirements."

    It appears you will need to hold a Capital One credit card for the BUN654 offer. I will go ahead meet the requirements anyway and report back if the bonus posts.

    Cheers!

  • Can I open the Checking account, but my husband is going to set up direct deposit to me through his payroll, is this going to work to for me get bonus? My work direct deposit take a long time to change. I may miss 60 days deadline.

    Thanks in advance.

  • I recently opened Money market account from them and got 200 bonus. I wonder what this wording means "If you’re an existing Capital One Bank or Capital One 360 customer or a Capital One Associate you won’t be eligible for the bonuses. "

    Since I have money market account, so am I a capital one 360 customer already and not eligible for the checking account bonus. Any DP is much appreciated.

  • Any data points on whether transferring in and out for a total of $10,000 work for this code (as it did for the last Capital One Savings bonus)?

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