Author Topic: Capital one will give me $500. Should I take it?  (Read 390 times)


  • 5 O'Clock Shadow
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  • Posts: 60
Capital one will give me $500. Should I take it?
« on: January 13, 2018, 09:52:29 AM »
My main credit card is through them, so I get offers periodically. 

This one is deposit $50k and they give you $500.  The interest rate is 1.4% as well, whereas my local bank is .15% on regular savings.  I've seen offers like this before, but they required switching your direct deposit, which is a hassle.  This one is just a deposit. The account is FDIC insured.

We keep about that much in cash, so I'm trying to see the downside on this one.  If I don't like it, I can always pull the cash out in a few months and keep the $500.

Anyone take one of these offers and want to let me in on how it went?


  • 5 O'Clock Shadow
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  • Posts: 5
Re: Capital one will give me $500. Should I take it?
« Reply #1 on: January 13, 2018, 12:57:20 PM »
I have a capital one 360 account and like it. I have opened an account before to get a bonus with switching my direct deposit and have never had any trouble getting the bonus offer. My only complaint with 360 is that it takes about a week for any transfer to happen, so getting access to your money is not as immediate as other online banks I have used.