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Current Capital One 360 Customers Check email for DEOPIST BONUS paying $150 or $450

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I got an email today from Capital One 360, it is only for current customers, subject reads:⏰ Time's almost up to earn up to a $450 bonus🎁

Email reads:

Offer ends on May 13, 2022

You've been a great customer.

So we're saying thanks by offering up to $450 for adding money to your 360 Savings account.

As always, your dollars are safely FDIC insured up to the allowable limits. But the offer is only available for a limited time.

We'll tell you how to earn it—but how to spend it? We'll leave that to you.
Here's how it works:

😉👉 If you've already made your deposit, you're on step #2.
1. Earn a $150 bonus when you deposit $20,000 or more, or a $450 bonus when you deposit $50,000 or more, of new money from an external account into your 360 Savings account ending in XXXX by May 13, 2022.
2. Keep your deposit in your account until at least August 12, 2022.
3. Once you get your bonus, you decide what to do with it!



About this message
This bonus offer is meant only for the original recipient. Those who are not the original recipient will not receive a bonus. Please don't share it.
Here's the scoop on how to build your balance to earn your bonus.
1. Increase your current balance in the 360 Savings or 360 Performance Savings account identified by the last 4 digits of the account number in the offer email you received by depositing $20,000 or more of new money from an external bank (deposits from Capital One accounts will not qualify) between 12:00 a.m. ET on April 11, 2022 and 11:59 p.m. ET on May 13, 2022 (the "Funding Period"), then keep the new money in your account between 12:00 a.m. ET on May 14, 2022 and 11:59 p.m. ET on August 11, 2022. Transfers between Capital One accounts will not qualify. Any portion of new deposits to your 360 Savings or 360 Performance Savings account that has been withdrawn and redeposited back into that account may also not qualify. Funds deposited from other Capital One accounts will not qualify. The amount of your bonus will be determined as follows:
o $150 bonus – The new money you deposited from an external bank during the Funding Period was between $20,000 and $49,999.99 (Lower Tier), and you maintained the total amount of the new money deposited in the account until 11:59 p.m. ET on August 11, 2022.
o $450 bonus – The new money you deposited from an external bank during the Funding Period was $50,000 or more (Higher Tier), and you maintained the total amount of the new money deposited in the account until 11:59 p.m. ET on August 11, 2022.
2. If the balance of new money you deposited during the Funding Period drops to the Lower Tier at any point between 12:00 a.m. ET on May 14, 2022 and 11:59 p.m. ET on August 11, 2022, you'll earn the Lower Tier bonus. If the balance of new money you deposited during the Funding Period drops below the Lower Tier, you will not qualify for a bonus. If you make additional deposits after May 13, 2022 to reach the Higher Tier, you'll only be eligible for the Lower Tier bonus.
This offer is only eligible for the account referenced in the email which you received. You may be eligible for other offers that you received via email. The bonus is only valid for the savings account ending in the last four numbers indicated in your email.
When will I get my bonus?
If you fulfill the offer requirements, Capital One will deposit the bonus into your 360 Savings or 360 Performance Savings account within 60 days following August 12, 2022. If your account is in default, closed, suspended, or otherwise not in good standing, you will not receive the bonus.
What is considered "new money"?
Capital One qualifies new money as any funds that are deposited into your account from an external source that is not affiliated with Capital One. Funds transferred from Capital One savings, money market, CD and checking accounts will not qualify.
What you need to know about the 360 Savings account:
The Interest Rate on your account is 0.2996% with an Annual Percentage Yield of 0.30%. The interest rates and annual percentage yields are variable and may change at any time at our discretion.
To calculate interest, we apply a daily periodic rate to the principal in the account each day.
The 360 Savings account is FDIC insured up to the allowable limits. Please see www.fdic.gov for additional information.
By clicking on the link above, you will be taken to a site hosted by the FDIC.
Web access is needed to use mobile banking. Check with your service provider for details on specific fees and charges.
The site may be unavailable during normal maintenance or due to unforeseen circumstances.
Mobile deposits are available only in U.S. and U.S. territories.
Questions? Call us at 1-800-655-BANK (2265) to talk to a real person. We're here 7 days a week, 8 a.m.-11 p.m. ET.

Important information from Capital One
Unsubscribe | Contact us | Privacy | Help prevent fraud
To ensure delivery, add [email protected] to your address book.
This email advertisement was sent to [email protected]. You received this email as a valued Capital One customer.
Capital One does not provide, endorse or guarantee any third-party product, service, information or recommendation listed above. The third parties listed are not affiliated with Capital One and are solely responsible for their products and services. All trademarks are the property of their respective owners.
Please do not reply to this message, as this email inbox is not monitored. To contact us, visit http://www.capitalone.com/support...contact-us.


Products and services are offered by Capital One, N.A., Member FDIC.
© 2022 Capital One. Capital One is a federally registered service mark. 15000 Capital One Drive, Attn.: 12038-0111, Richmond, Virginia 23238. To contact us by mail, please use the following address: Capital One, P.O. Box 360, Wilmington, DE 19899.
115590 807161 EM-001559
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Created 05-06-2022 at 07:47 AM by David36
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Jul 2006
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coolcoder
05-06-2022 at 02:34 PM.
05-06-2022 at 02:34 PM.
Got it as well. So if you transfer 50k, it's like a guaranteed 4.2% for 3 months (includes the base 0.6%). Not bad at all.
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Wyvern1
05-06-2022 at 07:21 PM.
05-06-2022 at 07:21 PM.
i didnt get this email...
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Joined Jan 2022
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Greasydeal
05-07-2022 at 05:26 AM.
05-07-2022 at 05:26 AM.
Lol. They can't be serious. $50k deposit for $450 bonus? I've seen some bad bonuses but I think this takes the cake.
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Joined Nov 2021
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Appledeai
05-07-2022 at 03:59 PM.
05-07-2022 at 03:59 PM.
Quote from coolcoder :
Got it as well. So if you transfer 50k, it's like a guaranteed 4.2% for 3 months (includes the base 0.6%). Not bad at all.
$150 / S20,000 = 0.75% where is 4.2% from?
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Joined May 2006
L10: Grand Master
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namlook
05-07-2022 at 04:07 PM.
05-07-2022 at 04:07 PM.
This isn't just for a current customer. New customers get this deal too.

https://www.capitalone.com/bank/save22/

Up to $450 bonus cash
and one of the nation's top rates with Capital One 360 Performance Savings.

We've just made saving even better.

Earn a $150 bonus when you deposit $20,000 or more, or a $450 bonus when you deposit $50,000 or more, from an external account into your new 360 Performance Savings account within 15 days of opening it.
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Last edited by namlook May 7, 2022 at 06:13 PM.
Joined Jul 2006
L9: Master
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coolcoder
05-07-2022 at 04:55 PM.
05-07-2022 at 04:55 PM.
Quote from Appledeai :
$150 / S20,000 = 0.75% where is 4.2% from?
$450 / $50000 = 0.9% x 4 (since deposit requirement is 3 months/till Aug 12) = 3.6%. Base rate is 0.6%, so the total is 3.6% + 0.6% = 4.2%.
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Joined Dec 2019
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jun12345zhang
05-07-2022 at 05:37 PM.
05-07-2022 at 05:37 PM.
Capital one only received max $25000 transfer per month so you can not transfer more than $25000 .
Am I wrong?
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Last edited by jun12345zhang May 7, 2022 at 05:46 PM.

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Joined Oct 2016
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virgoistic
05-07-2022 at 06:11 PM.
05-07-2022 at 06:11 PM.
I did not receive the email but I see the offer when I login into my account.
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Joined Oct 2021
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Xtremeth
05-07-2022 at 06:23 PM.
05-07-2022 at 06:23 PM.
Quote from virgoistic :
I did not receive the email but I see the offer when I login into my account.

Where do you see it? On app, website login (mobile or desktop)?
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Joined Dec 2010
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yangzi
05-07-2022 at 10:52 PM.
05-07-2022 at 10:52 PM.
Quote from coolcoder :
$450 / $50000 = 0.9% x 4 (since deposit requirement is 3 months/till Aug 12) = 3.6%. Base rate is 0.6%, so the total is 3.6% + 0.6% = 4.2%.
I am not good at math but this doesn't seem right.

You don't get $450 bonus every month, right? You only get $450 bonus once 3 months after you deposited $50,000. Also, in OP, the interest rate is 0.30%. I don't know where you got base rate of 0.6%?
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Joined Jul 2006
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coolcoder
05-07-2022 at 10:59 PM.
05-07-2022 at 10:59 PM.
Quote from yangzi :
I am not good at math but this doesn't seem right.

You don't get $450 bonus every month, right? You only get $450 bonus once 3 months after you deposited $50,000. Also, in OP, the interest rate is 0.30%. I don't know where you got base rate of 0.6%?
I was talking about an equivalent annual rate, which is 3.6% + 0.6% base = 4.2%.

Actual $ return you get after 3 months is $450 + $75 (base) = $525, which is 1.05%. Since you got that 1.05% after 3 months, it is the same as getting 4.2% return after a year.
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Joined Dec 2010
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yangzi
05-07-2022 at 11:34 PM.
05-07-2022 at 11:34 PM.
Quote from coolcoder :
I was talking about an equivalent annual rate, which is 3.6% + 0.6% base = 4.2%.

Actual $ return you get after 3 months is $450 + $75 (base) = $525, which is 1.05%. Since you got that 1.05% after 3 months, it is the same as getting 4.2% return after a year.
Again, I don't know how you got base interest rate as 0.6%? The OP says annual interest rate 0.3%.

This is how I understand.

May - deposit $50000

June - earn 0.3% annual interest
$50000 x 0.3% = $150
$150 /12 month = $12.50 interest earned
account balance $50012.50

July - earn 0.3% annual interest
$50012.50 x 0.3% = $150.0375
$150.0375 / 12 months = $12.5031 interest earned
account balance $50025.0031

August - earn 0.3% annual interest
$50025.0031 x 0.3% = $150.075
$150.075 / 12 months = $12.5062 interest earned
account balance $50037.5093
+ $450 bonus earned = $50487.5093

---------------------------------------------------------------

I did same math until May, 2023 (1 year).

May 2023 - account balance $50601.2194
Total interst and bonus earned = $601.2194
$601.2194 / $50000 (oringinal deposit) = 0.012024
total interest 1.2024% earned (after $450 bonus)

Like I said, I am not good at math but wanted to figure out how it works. Anyone, please correct me if I missed something.


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Joined Jul 2006
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coolcoder
05-07-2022 at 11:43 PM.
05-07-2022 at 11:43 PM.
Quote from yangzi :
Again, I don't know how you got base interest rate as 0.6%? The OP says annual interest rate 0.3%.

This is how I understand.

May - deposit $50000

June - earn 0.3% annual interest
$50000 x 0.3% = $150
$150 /12 month = $12.50 interest earned
account balance $50012.50

July - earn 0.3% annual interest
$50012.50 x 0.3% = $150.0375
$150.0375 / 12 months = $12.5031 interest earned
account balance $50025.0031

August - earn 0.3% annual interest
$50025.0031 x 0.3% = $150.075
$150.075 / 12 months = $12.5062 interest earned
account balance $50037.5093
+ $450 bonus earned = $50487.5093

---------------------------------------------------------------

I did same math until May, 2023 (1 year).

May 2023 - account balance $50601.2194
Total interst and bonus earned = $601.2194
$601.2194 / $50000 (oringinal deposit) = 0.012024
total interest 1.2024% earned (after $450 bonus)

Like I said, I am not good at math but wanted to figure out how it works. Anyone, please correct me if I missed something.
OP is not correct. Log into your account. You will see 0.6%.

Also, the 4.2% is the annual rate you get if you put the money in for 3 months and pull it out. I wasn't saying leave it in for the whole year. You always use the annual percentage rate (APR) no matter the length of the investment. For example, you will always see an APR advertised for 6 and 9 months CDs, and not the actual interest % you get after the 6 months.

You can do a lot better than the base 0.6%, so no point leaving in the 50k after getting the bonus. 4.2% APR return is pretty decent for a savings account, so makes sense to do this bonus.
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Last edited by coolcoder May 7, 2022 at 11:49 PM.
Joined Nov 2008
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magic168
05-07-2022 at 11:50 PM.
05-07-2022 at 11:50 PM.
Quote from yangzi :
Again, I don't know how you got base interest rate as 0.6%? The OP says annual interest rate 0.3%.

This is how I understand.

May - deposit $50000

June - earn 0.3% annual interest
$50000 x 0.3% = $150
$150 /12 month = $12.50 interest earned
account balance $50012.50

July - earn 0.3% annual interest
$50012.50 x 0.3% = $150.0375
$150.0375 / 12 months = $12.5031 interest earned
account balance $50025.0031

August - earn 0.3% annual interest
$50025.0031 x 0.3% = $150.075
$150.075 / 12 months = $12.5062 interest earned
account balance $50037.5093
+ $450 bonus earned = $50487.5093

---------------------------------------------------------------

I did same math until May, 2023 (1 year).

May 2023 - account balance $50601.2194
Total interst and bonus earned = $601.2194
$601.2194 / $50000 (oringinal deposit) = 0.012024
total interest 1.2024% earned (after $450 bonus)

Like I said, I am not good at math but wanted to figure out how it works. Anyone, please correct me if I missed something.
Ypu are right if you keep the money in there for the entire year. However, if you keep it only for the period you need to earn the bonus, you are basically earning a 4+% APR rate FOR THOSE 3 MONTHS.
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