Top Savings Account Cash Bonus Offer | November & December 2023

A 10.38% APY-equivalent special limited time savings account cash bonus offer (valid only through December 6, 2023) - the top one we've found this month so far. Watch on to see if you qualify! We walk through in detail how to correctly calculate APY. Choosing to calculate APY in another manner makes comparison across the different deposit/ savings products no longer comparable.
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SOURCES
www.capitalone.com/bank/fall23/
home.treasury.gov/resource-ce...
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[@DiamondNestEgg]

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[@RickEstb]

🎉🎉🎉🎉🎉

[@robertseabron1162]

The deadline to open the account has been extended from Dec 6, 2023 to Jan 9, 2024.

[@DiamondNestEgg]

Thanks for sharing!

[@mrgalamba]

I just opened the account and want to report a minor glitch. After jumping through all the hoops, the final screen to verify, says you are opening a checking account, not the savings account. I called, and they told me to log off and start over. I did so, and got the same result. I called again. Just click the green "confirm" button. You are opening the savings account although the prompt says you are opening a checking account.

[@marktom1240]

Thanks Jen and the Supersaver that found this savings deal for us to consider.

[@ararel3550]

Calculating the annualized return is an always interesting and useful exercise in comparing different investment opportunities. Thanks for all you do to make these topics understandable and interesting.

[@dream_hacker9230]

What I'd like to know, is what people suggest as to how to time the initial deposit so closely as suggested in the video. In my experience, transfers to a new account can take quite a bit longer with longer holds than in established accounts.

[@barry3400]

If you have the money in a brokerage account it's quite easy to link the brokerage to the capital one account via Automated Clearing House (ACH) process. First open the Cap One account. Then link the account to your brokerage. This transfer process is free (unlike a wire transfer, which costs $) and usually shows up in the receiving account within 3-business days. The transfer process works in both directions is always initiated from the brokerage-account end (I use etrade). I've been using it for years and it has always work flawlessly in my experience.

[@lonniemo]

Fund it right away. You never know how long its gonna take for transfers. You will still make ur $$

[@dream_hacker9230]

Good idea@@lonniemo . I did that. It funded quickly, but indeed you never know.

[@barry3400]

Hi Jennifer, Thanks for a great video and a heads-up on the Capital One offer. I do see one potential fly-in-the-ointment, and that is how quickly Capital One credits the the bonus to the account. Your calculation assumes it is credited at the 91-day mark, but the terms of the offer state that the bonus will be credited within 60 days of completion of the 90-day holding period. Banks serve themselves first, no matter what the marketing literature says. Assuming the worst case (your bonus doesn't show up until day 60 after the 90 day holding period) then you annualized return would be about 7.95%...Having said that, once you fulfill the 90-day holding period, you have completed your end of the bargain, and could withdraw the principal and go back into short-term treasuries. In my opinion even at the lower yield , this offer is absolutely worth pursuing, given the current yield on treasuries of comparable maturity is around 5.5% at the time of this writing. Thanks for your great videos and I hope you and your family have an enjoyable holiday season!

[@FunTimePlaying]

Perfect. Thanks so much for doing the math!

[@paul_devos]

That's a very good point. Great job doing the full explanation. As long as they honor the account even if you've withdrawn funds at day 91, it would still be, in effect, getting the same amount as previously started right? As you would still be free to take your funds as you wish on day 91... I'm sitting in money market right now -- I'm pretty not rich either, $300K total net. And needing to make 10% (life bills) and this is a good step for at least trying to solve for $100K for 3 months to meet that goal.

[@Chiroman527]

And one needs to account for the After State Tax (NY at 11%) 7.95% in this calculation less 87 basis points will yield 7.03%. Still better than the 5.5% T Bill return. On $20,000 that equates to about $300 add'l income. The decision now involves some machinations to get there. I'm sure like many Banks, Capital One can't prevent you from closing the account at the expiration, but I'm sure there are some Hurdles to jump.

[@barry3400]

Yes for sure, Good point!...NYS doesn't miss many opportunities to take their slice of the pie@@Chiroman527

[@swatigee]

I just did this last week. It is now funded, and I am waiting for the 90-day period to begin on Nov 30. When I log in to Capital One, it is not clear if the promo code has been applied or not, so I called them to check. She told me that if you go through a link, the promo code is often entered for you. That is true, but I wasn't on my account anywhere. Good to check. I see that the only risk to this "scheme" is if the interest rate changes for the worse. Fingers crossed.

[@emc6511]

Suggestion ... always take a screen shot of applying with code before submitting; in case you need to prove it later!

[@raylander6329]

The promo code needs to be entered in the first step, where it asks "do you have a promo code?" I opened and account today and at the end it shows promo code available and entered

[@SaravananD79]

Did you get the bonus? I opened the account on Nov 26 and funded on Nov 29, but I did not get the bonus yet.

[@kwtravels9065]

Following

[@Soobs123]

The only risk I see is a bait & switch of the base rate being significantly lowered after the account is established. Assuming this doesn’t happen it’s an unbeatable deal for the holding period. A 90 day 10.38% APY blows the doors off of any current state exempt tax-equivalent yield with treasury products.

[@eddenoy321]

Good point.

[@WeibenWang]

I've had a Performance Savings account for years (which means I'm ineligible). They're account rates have crept up the the current 4.3% and has been there for months. No, they won't suddenly drop the interest rate. They're interest rates have always been good, though not always the best.

[@raylander6329]

I did open an account today; regular rate advertised 4.3% APY; all went well, and it was VERY EASY

[@go2gym]

That wont be the case. thats the rate on that account, whether using this promo code or not. Their rates, like others such as Ally, Discover, etc, have moved as the Fed has moved their rate. So that 4.3% could move, as the Fed seems to have signaled holding firm for a bit, but that's probably a small risk that could dip below the 10.x% APY, but you're only talking 4-5 mos.

[@lonniemo]

@@raylander6329 did you already transfer your funds in, or will you be waiting until Day 15 like Diamond says to? Why do we need to wait the 15 days to transfer anyway? Thx.

[@JohnGrahamrealtor]

it says 20k to open the account? is that when you sigh-up? if so, can you up the amount to 100k to get the full 1,500 before the 15 day funding period? Thanks

[@aviyed]

Is the interest compounding?

[@Joe-dc2qo]

These bonus is it reported as 1099-INT or 1099-misc..?

[@GabbyCruz]

Thanks for sharing this!! what’s the ideal dollar amount to transfer to the capital one account to get the highest % APY?

[@go2gym]

APY is highest on deposits of the exact on the amounts of 20k, 50k, or 100k. Ex. if you deposit 40k, you still only get $300 bonus, so that % is lower than if you deposit 20k for the same $300.

[@LaurieBrooks-vp7qq]

I am seriously considering this offer so I clicked on the link just to see and it now says the offer is good through 1/9/24, in case anyone is interested but needs a little extra time.

[@LaurieBrooks-vp7qq]

Follow up: I decided to just go ahead and open the account. There was a bit of a glitch bc I had an inactive account from long ago that prevented me from resetting my PW and establishing online access. But today I was able to log on and update my information. I still have a question about the hold time mentioned in comments below and whether that impacts the 15 day funding requirement. I guess I will need to call Capital One to clarify. Also, there was no place to enter the FALL23 promotional code, but the code displayed at the top of each screen as I went through, and when I was finished, it was on the screen with my account number under promo details. Thank you Jen and the supersaver who provided the alert about this offer.

[@synchromorpheus9320]

@@LaurieBrooks-vp7qq I ran into the same issue. I transferred my funds on 11/30 and it says they won't be available until 12/5 which is only a day before the 15-day funding period, so it looks like I'll barely make it. I talked to a phone agent and she confirmed that the funds must clear within the 15 day period. So people waiting until the 12th day will likely be out of luck.

[@archer4581]

Thank you Jen, can i transfer from Fidelity?

[@Kenkress]

Just opened a Capital One Savings Account and will deposit funds for the Promo within 2 weeks. Thank you for the information and all that you do online for all of us that wish for a little edge in this economy.

[@kickeramps]

Me too, but didn't know about the promo code. Sad

[@SpaceClick]

@@kickeramps Can you call them and ask them to add the promo code to it?

[@kickeramps]

@@SpaceClick think I'll try. Wish we luck.

[@kickeramps]

​@@SpaceClickI called. Believe it or not they're going to honor it. I do have to call them again on March 10th and request it. But they said they'll do it, we'll see. 🤞

[@SpaceClick]

@@kickeramps Great! Hope it works out for you!

[@shaofengli417]

Thanks for sharing Jennifer. just a quick question. Is it necessary to make a single deposit of the entire amount required to qualify for the bonus. Can I make multiple deposits into Capital one during the 15 day initial funding period? will the total counted as the initial funding? thank you.

[@go2gym]

Having done these with other banks, the answer is no. They know you opened with a promo code, and will use the amount of $ in the account on the begin date to calculate what your bonus will be. Doesn't matter how many deposits you do before the record date.

[@shaofengli417]

@@go2gym thanks for clearing up

[@maryburkholder5237]

Great info, thank you!

[@charlottez9890]

Thanks for sharing. Is there a monthly fee for holding this savings account? I wonder if I can close the savings account after bonus paid without any constraint.

[@richardpellis]

Aa a long time customer I can tell you there are no monthly fees.

[@4tarsus]

@ 8:05 - Can you tell me how to find this screen on the UST website? Thanks!

[@henrychan5279]

home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2023

[@stephna9978]

Wow!!! Can't wait to check it out

[@youeweu]

Have folks left everything in Capital One, emptied and closed the account, or kept a little in because you hate goodbyes?

[@TikiTorch-ri3pr]

Does the cash bonus collect interest for the last 30 of the 90 days? If so, would this increase the APY above 10.38%?

[@jingsarver1402]

It's APY 10.38%, not only 90s.

[@Tamdrik]

The cash bonus isn't credited until (up to) 60 days after the 90 days ends, so no.

[@TikiTorch-ri3pr]

@@Tamdrik Ouch! Thank you for clarifying! I was thinking it was after initial funding period. So after a minimum of 150 days from funding, and a couple of months with a zero balance in your account, it is finally paid. Interesting...

[@TheWinghochui]

Thanks for your sharing!

[@BorisLikesBonds]

Oh wow! I'd have to clean out my emergency savings to get into something like that. Too risky for me. 😔 I would love to see a follow up video in year highlighting anyone who took up this offer. 🙂 How did it all work out?

[@kwtravels9065]

It is legit 2 business days after 90 day period I was credited with the bonus.

[@S.A.1]

This reminded me of the time when I did these calculations during the time when interest rates were really low.I would not let go of any free cash available then…. Would have done this too, but not a new customer anymore and also accumulating $$ for locking in treasury bonds.

[@Agoogoogoo]

Got my 1.5k bonus after 90 days! Thank you for your info.

[@Dis4Ever-ME]

Can you open a new 360 savings account with capital one and fund from a current account or do you have to be a “New “ account holder? Thanks

[@robertseabron1162]

refer to 1:05

[@mountains1233]

What do you suggest for high interest money storage accounts where you are are not locked in? I was thinking VIO bank 5.3%? or buying secondary T-bills on Schwab. Even laddering 4 week T bills, I'd rather not right now.

[@lonniemo]

Jennifer, why we have to wait 15 days as opposed to just transferring the money on day 1?

[@dr.jerilynvogelsang3922]

You will still earn their regular rate of interest in the mean time. However, please note that what is NOT disclosed, is that if you transfer funds from an outside bank, it will take 4-7 business days to fully open the new account. Until then, your funds are totally on "hold" and are unavailable to you...the owner of the money! I have scoured the disclosures and am unable to find the verbage that supports this, even with a supervisor on the phone with me. Just a "heads up".

[@LaurieBrooks-vp7qq]

Does the hold time count against your 15 days? In other words, do you need to transfer the funds 4-7 business days ahead of the 15 day cut off to still get the bonus?@@dr.jerilynvogelsang3922

[@mountains1233]

@@dr.jerilynvogelsang3922 Yeah I wish I had known about this long hold.I might be screwed as a result. Dec 4th transfer doesn't become available until Dec 8th. Dec 6th transfer, not until Dec 12th.

[@msmintjuleps]

I'd love to truly understand terms like apy and how to figure out and compare investments after taxes. Are there any financial classes you know of that are basic that I could take. Maybe on skillshare or a podcaster? There are lots of courses, but I am not sure which to choose. Thanks!

[@DiamondNestEgg]

We're working on it!

[@warko01]

Thank you@@DiamondNestEgg - would love to take those classes whenever you are ready with them. As @msmintjuleps said, there are many of us out there loving your videos and would like to understand the basics as well.

[@neilfraser7689]

Your examples of calculations are very helpful, thank you@@DiamondNestEgg

[@manz174]

Love your channel! Next level knowledge. Do we need to be concerned about SOFR rate reaching an unsustainable level? I’d love to hear your thoughts.

[@kpz777]

Thank you will be looking into this

[@henrychan5279]

What do they mean by "Hold the deposit(s) in your account for 90 days....."? Does it mean having a daily balance of at least $20,001 (for the $300 bonus) for the entire 90-day holding period? Or just not letting it go to zero?

[@OroborusFMA]

If you want free money you have to have money in the account, naturally.

[@francisco4303]

Hold it 20k.. dont purchase anything.. its a savings

[@goodlight4113]

I got super excited...started following along, and the first thing i see in my account....360 Perform.....darn it!. lol

[@user-we3mc5pc5m]

I am a bit lost, if I open up Capital One 360 Performance account now ( I have a CD with them too), I can qualify?

[@lonniemo]

Yes, I just called and asked. You are eligible even if you have a CD. (I have one) As long as you don't have reg. savings or checkings you are good

[@OhAirUSA]

Thanks Jennifer..I went ahead and opened a Capital One Savings Account.

[@joanie5812]

Thanks Jen. I took advantage of this offer as I had a CD that just matured. Followed your outlined steps and it was easy to set up.

[@DiamondNestEgg]

You're welcome Joanie!

[@JohnGrahamrealtor]

Hi, have a Capital one CD which I purchased through my Chase account, I have no other accounts with Capital One will I be excluded?. Thanks

[@christianabraham9547]

Wont be excluded!....

[@supermancjl]

Are these promotions still active? I ask because when going to their website, there is no mention of a bonus or promotion

[@dcooke4515]

You need to use the link that Jennifer provided above.

[@theendoffaith5903]

I have a 360 checking Account am I disqualify?

[@athenatong3768]

Doesn’t the one time bonus get taxed as ordinary income anyway?

[@emc6511]

Yes; will generate a tax 1099-INT or 1099-MISC

[@latkah]

Great video thanks

[@PremY-bf8bw]

Hey guys, Today is my last day to fund my account to get this bonus. Right now my funds from a transfer show as pending transactions but reflect as current balance in my capital one account. Will that work ? or do the funds need to be in the available balance for the bonus to trigger?

[@user-un3kk4wk2y]

Today, December 15, I used the link provided in the video and see the offer is extended until January 9, 2024.

[@bonanzatime]

Knowing that you already have an account there is better than FDIC insurance.☺

[@dr.jerilynvogelsang3922]

Can interest be withdrawn that accumulates each month without going below the advertised amount?

[@dr.jerilynvogelsang3922]

The answer is YES! Interest can be withdrawn during the 90 day waiting period.

[@whistlebloer8254]

Thank you Jen. I opened the new account using your CapitalOne link. I noticed that i could fund it within 60 days. i am not sure if this account qualify for the bonus. I will try to call them in the morning before transferring the fund. I thought I have to complete the transaction before December 6, 2023. Edited: I called the Bank and I was told the 60 days funding was for all products. but this bonus account must be funded within 15 days.

[@alexadams1627]

Wow, sounds too good to be true. It would be interesting to see if the savings account interest stays at 4.30% after the 90 days.

[@go2gym]

Thats the rate on that account type, regardless of promotion. It could change, as the Federal Reserve moves rates. It's risen based on that, and could lower also based on that.

[@richardpellis]

CapitalOne has been paying 4.3% for most of the year. No guarantee it will remain, but I don't expect it to drop unless the Fed lowers interest rates.

[@jimmyguy7793]

Dammmn it. Missed this twice. Are they possibly making this available past Jan 9th? Does anyone know?

[@harshmrpatel]

This offer is active now again with the new code

[@ronjr831]

I deal with capital one. I am ineligible. What an impressive offer. Maybe other banks are starving for money. Very good job finding this. Thanks

[@greyhoundude6112]

Can you completely pull your money out after the 90 days with absolutely no penalty?

[@acefr8816]

After the 15+90 days, you can pull all your money out, but need to keep the account opened to receive the bonus. There is no minimum balance required.

[@swingman50]

So how does this work for current account holders! I have three separate 360 accounts there!

[@lonniemo]

Sorry, ur not eligible

[@cat309pc]

Great find.

[@kimappreciateslife]

I’ve had a Cap one 360 online account for a few years and received bonuses twice. Lately I have like $5 in that account. It would be nice if I could qualify as an existing customer 😔

[@AndreasMarcos]

This channel is awesome!

[@raylander6329]

I funded the account right away and got a message saying I will see the account open in 1-2 days!

[@shermanmiller3203]

What if you already have $25k in capital one 360 performance account

[@chiaroscuro6655]

So kind of you to share this! May I ask a dumb question: When you say 15 days or 90 days...Are you referring to 'business days' or consecutive calendar days? For instance, someone commented that they would "setup their funding transfer by day 10-12". And you mentioned funding the account on "day 13 or 14". And I get why you both recommend we do this-to give the banks time to transfer the money. Does this mean I should count only business days occurring after opening the account? Or consecutive days on the calendar. And also, the 90 days our money is held up...is it 90 business days or 90 consecutive days that we are agreeing to keep the money in the account? Thanks.

[@emc6511]

TYPICALLY unless stated specifically "business days" it is calendar days. Call and verify and let us know!

[@lonniemo]

Just spoke w/Cap1. It's 15 CALENDAR Days. Also, make sure to start transfer well before the 15 day period. I know Diamond said to transfer on last day, but that WILL NOT work because it takes 1-3 days for transfer to be completed. I will be transferring on day 9 after opening account so Ihave plenty of leeway for that transfer to happen and I make it on time for 15 day window. BTW, why do I have to wait at all?? Can someone explain why I can't just transfer the funds on Day 1??

[@chiaroscuro6655]

the only thing I can think of is this: 15 days is half a month. I'd have to withdraw money from the high interest checking acct. So it won't be earning interest while waiting for them to process this.@@lonniemo

[@jenniferbmendezful]

Because wherever your money is currently parked, as a super saver, should be at about 5.2% with a high yield savings account@@lonniemo , so it's best to let it sit there until transferring is my guess.

[@elyssaberger5901]

If you deposit the money on day 1 you get zero interest until day 15 of opening the account. - I have a feeling it’s some way the bank is minimizing what they pay, this is a work around so to speak to get the full 10.38% out of the 90 days it has to be there. And that’s why it’s actually held from 105 days after funding it. It’s confusing

[@elyssaberger5901]

Just opened it with no money and the fund later option :) will fund on day 13 because I’m like you Jen, want to make sure the money is there by then. It was SUPER easy, used your link- took all of 2min to open it! Definitely see the promo code at the end.

[@poolmilethirty2859]

Can you transfer the funds from a savings account as opposed to a checking?

[@poolmilethirty2859]

Elyssa, Did you get an email confirmation after you opened it? Because I was surprised that I did not and they didn't even send an ID verification code via text.

[@user-jv4rd1nq9e]

Could you provide me the link to Capital One’s 360 performance savings account (bonus offer)?

[@elyssaberger5901]

It’s at the top. Jen posted it

[@kimgrod]

Thanks!

[@MrRudy235]

if you have to wait for 60 days to get the 300 dollars then how much money do you need to keep after day 105 in order to not be charged monthly fees? 1000 dollars? 500 dollars? do you know?

[@FunTimePlaying]

Stated in the footnotes: "There's no monthly cycle service charge for this account, and no minimum balance required to open or maintain the account."

[@clintonwoodward]

I wouldn't worry about it being 60 days. The last time I had a bonus with them it posted 3 days after the holding period.

[@MrRudy235]

@@clintonwoodward I had a very negative experience with Citi on an offer similar to this one. They took forever almost 100 days and were very unenthused with my phone calls. When they finally paid the bonus I closed the account.Did not want to do further business with them. (Their credit cards are fine though)

[@amywang9526]

I am still waiting for my bonus to show up. Opened the account on 1/6, and transferred fund on 1/17. Should I call them?

[@amywang9526]

The bonus was posted today! Thank you, Jennifer!

[@MyUnsecretIdentity]

I have my emergency savings in an hysa with another bank that has 4.3% yield as well, so this just makes sense to move my money to Capitol one to get some free money. Pretty sure im the key demographic for this offer, lol. But side question, does anyone suggest a better option for where to keep 911 savings?

[@mountains1233]

I got the bonus. Thank you!

[@tonle1830]

Got the bonus and cashed out. What's next?!

[@speedracer5992]

I opened the account yesterday there was nowhere that asked for the promo code, so I called and they said I already am set for my promo amount because it is a new account. My question is can I pull all my money out after 105 days with no penalty, I see others are asking too and I just want to here the answer from you.

[@r.e.4968]

Wait until you receive the bonus to withdraw from the account.

[@Dis4Ever-ME]

Thanks

[@GodzillaBorland]

Capital one promotions are almost always for new customers. It looks like this one too

[@Soobs123]

Is this a targeted promotion or open to all? Seems to be some concerns out on the internet regarding this detail.

[@mountains1233]

You might want to deposit on day 7 or 8. I deposited on Dec 6th and it will take up till Dec 12th to be available. I think it's a 4 business day hold. So I might be screwed.

[@welethayghet1147]

So I was denied the bonus because I own a capital one credit card. I thought Credit cards and saving/ checking accounts are not the same. This was my first time opening a saving/ checking account with them but having their credit card disqualified me. Very confusing

[@InstructorWest]

Were you denied before completing the application or did you only discover the denial after setting up the account?

[@JimHertel-bb2lp]

I have 2 capital 1 credit cards. I called capital 1 and they said that cap 1 credit cards will not effect this promotion, only the following, If you have or had an open 360 Performance Savings, 360 Savings, 360 Money Market, Savings Now or Confidence Savings account as a primary or secondary account holder with Capital One on or after January 1, 2021, you will be ineligible for the bonus. If your account is in default, closed or suspended, or otherwise not in good standing, you will not receive the bonus. I'm not sure why you were denied?

[@redhotchillypepper4633]

Got a question: If I open two accounts of $20K each, will I get two $300 bonus?

[@JimHertel-bb2lp]

No, 1 per eligible person, do either 20K , 50, or 100K exactly to maximize the bonus.

[@searchforlife9757]

Been with Sofi since May. Got their $250 promo. Will open Capital One and hopefully get their $750. What a time to be alive. Banks just giving out free money lol. Thanks so much!!

[@sfpelkey]

I did it in both my and my wife's names

[@sfpelkey]

so far so good but I haven't seen the $1500 yet... takes 2-3 months to qualify I believe@@dwaynestephen4565

[@asdfbill8020]

I got in on the same offer $150/$20K august 2022.. a lot of people who got this have moved those funds out of C1 since then for HYSAs elsewhere now C1 needs them same people back lol

I got my bonus today. Thank you 👍

[@cloudyprison7741]

Oh no! I JUST opened a 360 Savings account last week to hold some Emergency funds in! Ah well, back to T-Bills!

[@sfpelkey]

Shoot I'd call CapitalOne and tell 'em to enroll you..

[@novenebainter6866]

I am not eligible

[@kr02201985]

Watching this video on 12/06. I am opening it right away

[@JT-yl7my]

what a hassle, albeit needing to keep the account open for another 60 days, is a game banks play hoping it's a hassle to withdraw and transfer (some money) after 90 days..... i will not want to hassle with this one.....

[@OroborusFMA]

Since interest rates have gone up so much these bonus offers interest me much less. Back in 2020 I made thousands with signup bonuses but would move on the moment I was eligible to do so. It became a part-time hobby. Today, though, I can just park my money in a high-interest CD and forget about it.

[@poolmilethirty2859]

They increased the deadline to January 9th 2024 and I just opened it.

[@pennyscott316]

Your videos are always very clearly presented and with such useful information! Great stuff. I’m not eligible because of my current Capital One saving account, but my husband is. I’ll show him your video later today. Many thanks for the service you offer your viewers.

[@kwtravels9065]

This offer is legit. Two business days after my 90 days I was credited with the bonus.

[@mountains1233]

Me too. We can withdraw now without voiding the deal? That's how I read the terms. Just looking for reassurance!

[@youeweu]

@@mountains1233 103 days from deposit to cha-ching

[@orpheusinohio]

I have now tried for THREE days to fund the account I opened. It is impossible ! All that happens is that I get a security lock out, have to call them, get it unlocked, later, rinse repeat. I can understand it taking a few days for things to clear. And I got such choice things as setting up an external account with great difficulty and many tries, then getting an email that said the external account WAS set up, yet when I tried to fund the account they insisted that I did NOT have one. Wow. I'm at the last day on which I can fund it and it doesn't look like I'll be able to.

[@orpheusinohio]

My own note: I did succeed in setting it up despite these glitches. It was worth it for the great earnings.

[@koukimonzta]

I only have 15k

[@Fred2-123]

DCU credit union has a similar deal except their base rate is lower. The rate is great, but too many hoops to jump through. Since there are now 2 of these deals that I am aware of, it is likely that other banks & CUs will jump in and have similar offers.

[@synaspora]

Is anyone having trouble trying to deposit a $50k check to open the account? The Capital One app won't allow transfers that big and my external bank won't either. There are no Capitol One branch offices in the San Diego area where I live so that's not an option. Has anyone had any success depositing at an ATM (because I'm thinking maybe there's a limit there too)?

[@richardpellis]

How about a wire transfer?

[@ytyehyeh]

CIBC has a $500 for $50K deposit for 3 months in their Agility Savings account on top of the ~4.9-5.0% APY. Not as good as $750 for $50K of course.

[@neilfraser7689]

I was planning on doing the $50K CIBC deal with fixed 90 day start time of December 19th, it does have a higher 5% or so current base yield. But after hearing this video I just opened a Capital One 360 savings account using the provided link. It showed the Fall23 promo code, and the extra explanation that the deposit window was 15 days not Capital One's normal 60 days. I'm using the first week to get my micro deposit verifications done so I will be set to transfer the funds the second week. Thank you for this recommendation.

[@weekendhero7411]

Same return rate for $100k ?

[@elyssaberger5901]

Yes she uses that in her example at 100k you get 1500 on your deposit so that is the same as the others which are lower

[@ly1465]

Offer is extended to 01/09/2024

[@alanrussell6678]

Could husband/wife do separate $100K accounts to get $1500 each?

[@alexanderquan764]

Yes

[@ShivamInamdar]

Yes as long as you meet other criteria

[@CEMunn]

Anyone good at math? What would the interest earned in 90 days be for $100k? $200k?

[@elyssaberger5901]

Someone posted it, but I will tell you that the 10.38% goes DOWN beyond 100k. The max you should put is 100k because after that you are getting the same 1500 bonus which will drive down the interest rate on anything more than the top 100k tier

[@heidefeldman1760]

I was on board until the rate can change. To many steps to not be certain

[@elyssaberger5901]

Even if the rate changed it’s still going to be more than the 5+% you can get w a 3 month TBill. It’s only going to change if the entire market changes as they won’t be able to attract any biz to their accounts because this is the same rate their existing customers are getting-they just aren’t getting the bonus. Because it’s to attract new money- a lot of banks are doing it.

[@tonle1830]

100k in a 13-week T Bill (estimated 5%) = $1231 gained at maturity. Capital One would give you $1500. Worth it....??

[@eugenedvorkin217]

Capital One also gives you 4.30% for these 90 days and maybe beyond. So it is additional 1,063. So CO gives you $2,563.

[@tonle1830]

hmm solid...​⁠​⁠much more intriguing now @@eugenedvorkin217

[@elyssaberger5901]

Exactly! Totally worth it

[@tonle1830]

Just opened mine. Took 2 mins!

[@Thisishard2333]

I did 100 K 13 week this Monday. 5.409% equals 1344 interest just for a reference.

[@earnienew]

Already, opened an account for the bonus a week ago, guys don't miss the free money!

[@lonniemo]

Awesome, when will you be transferring funds? Do you know why we have to wait 15 days as opposed to just transferring the money on day 1?

[@kims7387]

See the bonus in your new account within 60 days "after holding".

[@kentam2492]

Genius!

[@edwardsherman6309]

Looks like Capital One extended the offer to 1/9/24