$200 Bonus for New Money Market Account at Capital One 360
Capital One 360 has a great bonus for new Money Market accounts that is now available nationwide. This is a targeted bonus, but in the past that part hasn’t been enforced.
The Offer
Open your account by August 31, 2018, and use promo code BONUS200 to earn your exclusive $200 bonus and 1.75% Annual Percentage Yield on accounts with balances of $10,000 or more.
Capital One will deposit the bonus money into your account in approximately 6-8 weeks after completing the above conditions. Once it’s deposited, the funds will be available immediately. Account must be in good standing
Key Terms
- Deposit at least $10,000 no later than 11:59 p.m. ET on August 31, 2018.
- Deposits must be from another bank (transfers between Capital One accounts will not qualify).
- If you have or have had a savings product with Capital One after January 1, 2016, you won’t be eligible for the bonus.
- You must have received an offer and promotional code from Capital One and enter it at the time of account opening.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Conclusion
This bonus is available only to those who have not had a savings product with Capital One after January 1, 2016 It’s also targeted but Capital One has been giving these bonuses in the past even to those who weren’t.
As for the bonus, all you need to do is deposit $10,000, but you don’t have to keep the balance there after that. You can transfer out if you’re earning more than 1.75% anywhere else. There’s no fees on the account, so you can keep it open without a balance.
HT: Doctor of Credit
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card is the old king of travel rewards cards. Right now
bonus_miles_full
Learn more about this card and its features!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
