Free $176 in Cash from Capital One 360

Here’s a classic example of a deal I’d previously only share with my friends and family on Facebook. I hate posting anything that’s not a straight up freebie, but passing on a free $176 is too hard. If even one Hiffer gets this, I’ll be happy.

Basically, new members to Capital One 360 (previously known as ING Direct) can earn $76 by opening a free 360 Savings account before July 3. After that, you can earn an additional $100 by opening a free 360 Checking account before July 3 as well. Want more details?

  1. Apply for a free 360 Savings account.
  2. Deposit $500 or more into your account.

That’s it. The $76 should hit your account by July 4th. At that point you’ll have $576 in your account and you can withdraw your initial deposit. It’s worth noting the free $76 can’t be withdrawn from your account for 30 days. Though I don’t really see a drawback to that since you’ll earn interest on it and the withdrawal limit is lifted by August.

I personally use my 360 account as an emergency fund. You never know when you’re suffer an accident or find a really great deal on a vintage Ninja Turtles lunch box.

Now getting the $100 requires a few more steps, but it’s still pretty easy.

  1. Apply for a free 360 Checking account.
  2. Use your debit card to make 5 purchases OR use CheckMate to make 5 deposits OR any combo of the two that equals 5 withint 45 days.
  3. $100 will be added to your account.

Again, after you make 5 total deposits or purchases, you trigger should activate, you’ll get the $100, and you can do whatever you want with the cash. I read through the fine print and didn’t see any specifications on the deposits, so I’m telling my friends to simply open the Checking account then make 5 small deposits of $5 or $10 each.

So there you go. I don’t know about you, but $176 sounds good to me. If you have any questions, leave a comment and I’ll do my best to answer them!

  • lucy

    ok, goob, i took the plunge and signed up for both.. sez at day 50, they will deposit the $100 in to my checking account. hey this is found $.. thanks o much

  • No problem, it’s my pleasure!