Earn $1,000 Bonus With New Capital One Business Checking Account

$1,000 Bonus With New Capital One Business Checking Account

Capital One has launched a new promotion that can get you a big bonus when opening a business checking account. You can get $500 or $1,000 depending on how much you deposit. But there’s a catch! This offer is for business cardholders only. Let’s see the details.

The Offer

• Open a new Basic or Enhanced Checking account with promo code Q3BONUS1000. Only customers already having a Capital One Business credit card for the last 90 days will be eligible for the offer. Please login during application to see if you qualify – see all offer restrictions.
• Make a deposit from non-Capital One accounts within 30 days of account opening and maintain the minimum required end of day balance for at least 60 days during the first 90 days of account opening:
  • $500 with at least a $5,000 balance OR
  • $1,000 with at least a $30,000 balance.
• Make 10 qualifying electronic transactions within 90 days of account opening. Qualifying transactions include electronic wire, electronic ACH, and remote check deposit.

Promotion Link

Key Terms

• To become eligible for the offer bonus, you must have an existing Capital One Business credit card for 90 days prior to account opening and should login when filling out the application for business checking account.
• To earn $500 bonus—1) Within 30 days of account opening, deposit between $5,000-$29,999.99 from an external source (cash deposits and funds sourced from an account with another financial institution that was not affiliated with Capital One prior to January 1, 2025, qualify; transfers between Capital One accounts do not qualify); 2) maintain a minimum end-of-day balance between $5,000-$29,999.99 for at least 60 days within 90 days of account opening; 3) make 10 qualifying electronic transactions within 90 days of account opening. Qualifying transactions include electronic wire (credits or debits), electronic ACH (credits or debits) and electronic remote check deposit.
• To earn $1,000 bonus—1) Within 30 days of account opening, deposit at least $30,000 from an external source (cash deposits and funds sourced from an account with another financial institution that was not affiliated with Capital One prior to January 1, 2025, qualify; transfers between Capital One accounts do not qualify); 2) maintain at least $30,000 as minimum end-of-day balance for at least 60 days within 90 days of account opening; 3) make 10 qualifying electronic transactions within 90 days of account opening. Qualifying transactions include electronic wire (credits or debits), electronic ACH (credits or debits) and electronic remote check deposit.
• Capital One will deposit the bonus into your new business checking account within 45‑60 days of meeting all the offer requirements. The bonus will be reflected on your monthly statement.
• Only applicants having an existing Capital One Business credit card for at least 90 days at the time of account opening will qualify for the offer.
• Applicants who are users on Capital One Business checking accounts open in the last 180 days are ineligible for the bonus.

Conclusion

This is a very good bonus from Capital One as it only requires you to keep the money in the business checking account for 60 days.

The $500 bonus gives you the better APY as it only requires a $5,000 deposit. But the $1,000 bonus is also a good deal.

Also don’t forget to make 10 qualifying electronic transactions within 90 days of account opening.

Basic Checking is the best option as you can waive the $15 monthly fee with a $2,000 balance.

HT: Doctor of Credit