Capital One 360 Money Market Bonus
Capital One 360 has a new offer for its Money Market account that can earn you a bonus of $500 plus 2% in interest. Let’s check the details.
Open a 360 Money Market® account, deposit $50,000 or more within 10 days and maintain it for the next 90 days.
Plus, you’ll earn 2.00% Annual Percentage Yield (APY), one of America’s top savings rates, on balances of $10,000 or more. And since 360 Money Market has no monthly fees, you keep all the interest you earn.
Open an account by September 22, 2019, using promo code CASH500 to begin earning your cash bonus.
- If you have or had an open savings product (excludes CDs) with Capital One on or after January 1, 2016, you’re ineligible for the bonus.
- This offer cannot be combined with any other Capital One Bank or Capital One 360 new savings account opening offer, including savings accounts opened through Refer A Friend.
- Only one promotional code is accepted.
- Bonus is only valid for one account.
The $500 bonus for the Money Market account is the best they have offered. But, it requires a $50,000 deposit, which is a lot of money. You can do multiple deposits, it doesn’t have to be $50K at once, but has to be done within 10 days. You also need to keep the money in the account for 90 days. The rate is very competitive at 2.00% APY, but you can do better nowadays, close to 2.50% APY.
Just be aware that this a Money Market account and you’re limited to 6 withdrawals per month.