Capital One bonuses and promotions of July 2024
“Verified by an expert” means that this article has been thoroughly reviewed and evaluated for accuracy.
BLUEPRINT
Updated 11:43 a.m. UTC April 30, 2024
Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full advertiser disclosure policy.
fizkes, Getty Images
When you find the right bank account, earning a cash bonus is icing on the cake. Capital One has a lot of great perks, but a cash bonus isn’t currently one of them.
Read on to learn about Capital One and to decide whether or not the bank fits your needs — promotion or not.
Details, promotions and annual percentage yields (APYs) are accurate as of February 16, 2024.
Capital One promotions overview
Capital One doesn’t currently offer any promotions. But Capital One’s saving account interest rates — compared to traditional banks — may yield more over the years than any new customer cash bonus.
The Capital One 360 Performance Savings account has no monthly fees, no minimums and offers an APY of 4.25%. That means with a balance of $10,000, you could earn $435 in interest over one year alone, and pay nothing in fees.
While Capital One doesn’t have many savings products, its few offerings are competitive. Capital One 360 certificates of deposit earn from 3.90% to 5.00% APY. And the Capital One Kids Savings Account earns a respectable 2.50%; not bad for little ones just learning to save.
How Capital One bonuses and promotions compare
While Capital One doesn’t currently offer any bonuses or promotions, several banks do. Some banks offer cash bonuses of several hundred dollars or more for customers opening new personal checking accounts, business checking accounts or savings accounts. Compared to these competing banks, Capital One’s lack of promotions is a little disappointing.
Here’s how Capital One’s bonuses compare with Bank of America, Chase, Citi and Wells Fargo.
Note: Each bank bonus requires certain actions in order to qualify for the cash. Listed below are just the bonuses you could earn if you meet the specific criteria.
| Bank | Bonuses for personal checking | Bonuses for business checking | Bonuses for savings |
|---|---|---|---|
Capital One
| N/A
| N/A
| N/A
|
$200
| $200
| N/A
| |
$100 or $300
| $300
| N/A
| |
Citi
| $300, up to $2,500
| $300 to $2,000
| N/A
|
$300
| N/A
| $525
|
Capital One review
Capital One is the country’s ninth largest bank, managing $475 billion in assets, and is perhaps best-known for its Capital One credit cards and business credit cards. It offers online checking, savings and CD accounts for individuals and businesses, plus it has 283 locations across the country.
While many large banks charge plenty of fees and pay pennies in interest, Capital One is an exception. There’s even a free tool for consumers, Capital One Shopping, which makes it easier to find great deals online.
And a customer-centric view shows. Capital One ranked number one for four consecutive years by J.D. Power in overall customer satisfaction.
Frequently asked questions (FAQs)
Currently, Capital One doesn’t offer any bonuses. That doesn’t mean it won’t in the future, but there’s no guarantee. Regardless, Capital One offers fee-free accounts and competitive interest rates, so it may be worth considering if you’re looking for a new bank.
Capital One used to offer a $350 bonus for opening a Capital One 360 Checking Account, but that bonus is no longer available.
While there aren’t currently any Capital One 360 bonuses, but, to qualify for a bank bonus in general, you typically have to meet several criteria, which might include requirements like opening a new account, setting up direct deposit and depositing a certain amount of money within a limited time frame.
Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.
Blueprint has an advertiser disclosure policy. The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone. Blueprint adheres to strict editorial integrity standards. The information is accurate as of the publish date, but always check the provider’s website for the most current information.
