Offer at a glance
- Maximum bonus amount: $100
- Availability: Nationwide, but targeted
- Direct deposit required: Yes, two $250+ direct deposits
- Additional requirements: None
- Hard/soft pull: Soft, as long as you opt out of overdraft protection
- Credit card funding:Â Unknown, most likely noneÂ
- Monthly fees: None
- Early account termination fee: None
- Expiration date: March 31st, 2015
The Offer
Direct link to offer (keep in mind this is a targeted offer)
- Receive a $100 bonus when you open a Capital One 360 checking account and receive two direct deposits of $250 or more within 60 days of account opening
The Fine Print
- OFFER IS STRICTLY NON-TRANSFERABLE AND ONLY AVAILABLE TO YOU (if you didn’t receive a targeted e-mail or mail out about this, you will not be eligible)
- To earn the bonus, this has to be your, or your joint account holder’s (if you have one), first Checking account (this includes former Electric Orange accounts, too)
- Eligible direct deposits are:Â your paycheck from your employer, Social Security/pension or other government benefits. Direct deposit is subject to employer or other payor options
- Valid until March 31st, 2015
- Bonus will be deposited within 75 days of account opening
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
This account has no monthly fees and no early account termination fee
Our Verdict
Capital One offers a similar bonus on Black Friday & Independence day every year, although the requirements usually do not require a direct deposit so it’s interesting to see that this promotion does. If you didn’t receive this targeted promotion, just wait until the Fourth and there should be a public bonus. Hopefully it does not require direct deposits, as that’s what makes this deal so appealing.
I haven’t added this bonus to our best banking promo lists or our complete listing of checking promos as it’s a targeted promotion.
Direct link to offer | Screenshot of offer
Hat tip to rareform77 from slickdealsÂ
