Found Money

Get a $25 Account Bonus When Opening a Capital One 360 Savings Account

February 13, 2013

Update: I am all out of $25 savings account referral bonuses at this time. You can still open a savings account without the bonus by clicking here: savings account with no bonus. (affiliate link).

Last week I shared with you how I used multiple savings accounts at Capital One 360 for different savings goals.

This week I discovered that there are new account bonuses available to new Capital One 360 customers, so I wanted to share them with you here.

The bonuses range from $25-$50, depending on which kind of account you open.

Capital One 360 ING account bonusA few things to know:

  • In order to get the bonus, you need to be referred by a current customer (like me!) so be sure to use one of the links in this post instead of going directly to the Capital One 360 site. (Full disclosure: I also receive a small commission for everyone I refer.)
  • For the 360 Savings account (the kind of account I blogged about last week) the bonus is available for new accounts with a new Capital One 360 customer as the primary owner and the account must be opened with at least $250.
  • For the Kids Savings Account and the MONEY Debit Account for Teens (my son is currently using this account), the bonuses are available for new accounts adding at least one new customer to the bank.
  • For the 360 Checking account, the bonus is higher – $50 – and is available for new accounts with a new Capital One 360 customer as the primary owner. There are additional requirements for making 3 debit card purchases with a certain amount of time.

Capital One 360 Savings Accounts for Found Money

Opening a savings account like this for found money is a perfect fit, because the bonus becomes a source of found money itself.

Then you can begin looking for bits of found money to direct to the savings account.

Receiving Bonuses for Additional Accounts

Also, I believe (although I’m not 100% positive) that once your initial account is open you can open accounts for your other family members (kids, spouse, etc.) using the Refer a Friend tab and your family members will receive the new account bonus and you’ll receive the $10 referral bonus.

Capital One 360 Refer a Friend

Just make sure you’re following the requirements listed in the bullet points above and that you’re using the refer a friend section of the account page.

One point to consider: if you open an account for your spouse hoping to get the bonuses, he or she would need to be both a new customer and primary owner of his or her savings account. That means he/she can’t be on the account you initially opened.

I did all of this when I opened our original ING accounts several years ago and we received all the bonuses. I’m not certain that it still works the same way, but it’s easy enough to try out since it’s so easy to open new Capital One 360 accounts once your initial account is established.

If you have any questions, be sure to let me know in the comments or by emailing me and I’ll do my best to answer them.

Happy saving!

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