How many adults live in your household? Earn $50 for free for each person 18 years and up by signing up for a free Capital One 360 checking account. There are no strings attached! The $50 cash will be deposited to your free account on day 50.

One more bonus of opening an account: the account has no fees! The only requirement is that this must be your first 360 Checking account, and three purchases must be made by using the free debit card within the first 45 days.

How to claim the free $50:

  • Open a fee-free 360 Checking account for each adult 18 years and up, or open jointly with a younger child.
  • Use your debit card to make three total purchases (signature or PIN based) within 45 days.
  • $50 is automatically deposited on day 50.

Still have questions? See below.

Is a credit check required? The checking account has overdraft protection, which acts as a temporary line of credit should you overdraft on your account. Because of this protection, credit is routinely pulled–not always, but often.

Is there a balance minimum? There is no minimum balance for a checking account.

Is there a purchase minimum for the checking account? There is a minimum of fifty cents.

How soon must I make the purchases for the checking account? You must make three required purchases for the checking account within 45 days.

Can I apply for each of my family members? You must be 18 years of age to open a 360 checking account. Each individual over 18 years, living in the same household may open their own account and receive a bonus. You may open a joint account with your minor child under 18 yrs.

Can I cancel at any time? Yes, but you must wait the 50 day minimum to get the bonus.

How long will it take to receive my debit card in the mail?  Once you've opened the account, you should receive your debit card within 7 business days.