Don't forget today is the last day to take advantage of the sweet offer of a free $176 deposit from Capital One 360.
In case you missed it, new members to Capital One 360 (previously known as ING Direct) can earn $76 by opening a free 360 Savings account by the end of today. After that, you can earn an additional $100 by opening a free 360 Checking account by the end of today as well.
- Apply for a free 360 Savings account.
- 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 It's worth noting the free $76 can't be withdrawn from your account for 30 days.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.
- Apply for a free 360 Checking account.
- 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.
- $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.