Capital One Bonuses: April 2025

Capital One offers a decent $250 bonus for opening a 360 Checking account and meeting a simple requirement. It’s not the best bank bonus available, but if you’ve been thinking about opening a fee-free checking account, this is a good incentive to do so with Capital One. 

Capital One doesn’t usually offer as many account promotions as other banks. See all of Capital One’s current bank bonuses below.

Capital One: 360 Checking – $250

• Bonus Amount: $250
• Qualifications: Direct deposit
• Bonus page: Capital One 360 Checking

1. Open a new 360 Checking account with the coupon code: Use the coupon code on the Capital One webpage linked above to open an account online.
2. Receive at least two direct deposits, each of $500 or more, within 75 days: Unlike many other bonus offers, in this case you must receive two separate deposits of at least $500 each.
3. Get the $250 bonus: After the first 75 days, Capital One will assess your bonus qualifications. If you met the requirements and your account is in good standing, the bonus will be deposited in your account within the next 60 days.

Bonus Restrictions

• Ineligible if you had an open 360 Checking, Simply Checking, or Total Control Checking account on or after Jan. 1, 2022. 

Account Fees and Details

• Monthly fee: None
• Minimum balance: None
• ATM fee: None
• Overdraft fee: None

Are Capital One Bank Bonuses Worth It?

Capital One’s 360 Checking account bonus is easy to get, compared to many other promotions, and the lack of account fees cuts through any objections based on cost. But is it particularly valuable?

This bonus provides a return on your deposit of 25%. Among the dozens of active checking account bonuses tracked by Investopedia, the median return on deposit is 30%. The best accounts offer returns of 80% or better. 

Frequently Asked Questions (FAQs)

How Do I Earn a Bonus With Capital One?

Capital One may offer bonuses for opening a new checking or savings account and meeting certain requirements. The requirements are unique to each promotion, and they tend to be similar to checking and savings promotions from other banks—you may need to receive a certain amount in direct deposits or regular deposits, or make a certain number of debit transactions.

Are Capital One Bank Promotions Taxable?

Yes, Capital One’s account opening bonuses—like bonuses from other banks—are counted as taxable income. Account bonuses are considered income like the interest you earn on deposit accounts. Bonus money should be reported on your taxes for the year in which you earn it.

How Often Does Capital One Offer Account Bonuses?

Capital One hasn’t offered bank bonuses recently as often as some other banks, which is unfortunate because it has a variety of accounts with low fees and favorable terms. But it’s worth checking now and then to see if anything is available. If you’re looking for a reward for opening a new account, check out the best bank account bonuses across a wide variety of banks.

How We Track Bank Account Bonuses

Every business day, Investopedia tracks 24 banks and the current, new, extended, and expired account bonuses they offer customers. Banks are chosen based on consumer interest and we add banks to our list as needed to ensure we’re always reporting on the best bank bonuses. We update our picks for the best bank account bonuses, the best checking account bonuses, and the best savings account bonuses as needed, chosen based on bonus amounts, bonus requirements, and account features. We aim to provide you with news about checking and savings account bonus offers so you can take advantage of them as soon as possible.

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