The offer
| New money deposited in the first 15 days | Bonus |
|---|---|
| $20,000 to $49,999.99 | $300 |
| $50,000 to $99,999.99 | $750 |
| $100,000 or more | $1,500 |
- How: open a new 360 Performance Savings account with promo code BONUS1500, deposit money from outside Capital One within the 15-day Initial Funding Period, then hold that balance for 90 days after the funding period ends.
- Payout: within 60 days of finishing the hold. Capital One counts the bonus as interest and reports it on Form 1099-INT.
- Deadline: Capital One hasn't posted an end date and says it can change or end the offer at any time before you open the account.
- No direct deposit is needed, and the account has no monthly fee or minimum balance.
See the full listing: Capital One 360 Performance Savings bonus.
Who can get it
You're not eligible if you've had a 360 Performance Savings, 360 Savings, 360 Money Market, Savings Now or Confidence Savings account with Capital One, as a primary or secondary owner, on or after Jan. 1, 2024. Transfers from other Capital One accounts don't count as new money.
What it works out to
Every tier pays 1.5% of the minimum deposit for that tier ($300 on $20,000, $750 on $50,000, $1,500 on $100,000). Your money is tied up for about 105 days (the 15-day funding window plus the 90-day hold), so the bonus alone works out to roughly 5.2% a year if you deposit exactly the tier minimum, before the interest the account pays. Depositing more than a tier minimum without reaching the next tier lowers that figure.
Watch the tier floors: if your balance drops into a lower tier at any point during the 90 days, you get the lower bonus, and below $20,000 you get nothing. Extra deposits made after the funding period don't move you up a tier.
Is it worth it?
If you have $20,000 or more sitting in a low-yield account, this is a simple, no-direct-deposit bonus. Compare it with the other offers on our bank bonuses page, including Schwab's checking bonus for new-to-Schwab money.
Source: Capital One 360 Performance Savings bonus page on capitalone.com, checked Oct 26, 2026.
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