Capital One rewards checking account $100 sign up bonus!

February 2, 2009 1 Comment »

Update 2012: This bank deal is no longer available. Visit our checking account promotional page to see today’s top offers from around the country.

- Offer from Archive -

Capital One bank is running a Rewards Checking Account Bonus to all new prospective customers who set up a checking account using direct deposit.

The best part about this promotion is that you only need to fund it with $50!  Where else can you find a guaranteed 200% return on investment? You’ll have to keep your account opened for at least 6 months before snagging the bonus though. This way people can’t open the new account, withdraw the funds then close the account immediately afterwards. There may also be a closing fee associated with this account, so we would only suggest opening it if you plan on keeping it as a primary checking account.

Follow this link (offer no longer available) and print out a copy of the web page. Use the promo code: RC1 and present the print-out to your nearest Capital One bank.

Additional Terms and Conditions (as seen on website):

The Capital One, N.A., payroll/direct deposit reward promotion begins at 12:01 a.m. Eastern Daylight Time (EDT) on December 29, 2008, and ends at 11:59 p.m. on February 28, 2009. To qualify for the $100 cash reward, you must present the mailer when you open a Capital One Bank branch personal checking account during the promotional period and enroll in payroll/direct deposit within 90 days of account opening. Qualifying individuals will receive a $100 credit to their checking account approximately 6–8 weeks after the first payroll/direct deposit transaction is posted to the account. Limit one reward per customer.

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  • Jennifer

    Good deal. just signed up!