How do I earn this bonus?
- Choose the DEBIT250 path before opening. Open one new 360 Checking account using promo code DEBIT250; only one code is accepted per account and this cannot be combined with CHECKING250.
- Fund the new checking account within 60 days of opening so it does not automatically close. Capital One states no minimum balance is required for the bonus.
- Within 75 days of account opening, complete at least 20 qualifying in-person or online purchases with the 360 Checking debit card. To stay clear of inconsistent $10 wording on the issuer page, plan purchases strictly above $10 rather than exactly $10.
- Keep the account open and in good standing through the bonus assessment and payment, which can take up to 135 days after opening.
What counts—and what doesn’t.
Qualifying activity
- In-person and online purchases made with the new 360 Checking debit card within the first 75 days. Aim for a purchase amount strictly greater than $10 because the issuer’s headline and detailed definition use different threshold wording.
Excluded or unsafe to assume
- ATM transactions, Zelle/Venmo and other peer-to-peer payments, ACH payments using the account and routing number, purchases associated with fraud, and PIN-based cash withdrawals. Do not count a purchase made after day 75 or assume an exactly $10 purchase passes the conflicting wording.
The page headline says debit transactions of $10 or more, but its detailed qualifying-transaction definition says above $10. The safest plan is to use ordinary eligible purchases strictly greater than $10 and confirm uncertain activity with Capital One.
Who is eligible for this offer?
Ineligible if you held 360 Checking, Simply Checking, or Total Control Checking as a primary or secondary Capital One account holder on or after January 1, 2024. Only one code and one new-account bonus apply; the debit and direct-deposit paths cannot be stacked.
The account is subject to approval and must be funded within 60 days or it automatically closes. An account in default, closed, suspended, or otherwise not in good standing before payout does not receive the bonus. Offers may vary by channel and the issuer can change terms before acceptance.
U.S. offer; confirm availability for your address and application channel with Capital One. Opening approval and qualifying debit purchases do not guarantee a bonus if other eligibility conditions fail.
What fees could reduce the bonus?
Capital One says 360 Checking has no monthly cycle service charge and no minimum balance. Other account or network charges may apply. The bonus is reported on Form 1099-INT.
When does the qualification clock start?
The 75-day purchase window starts at account opening. Capital One assesses status after that window and says processing can take up to 60 more days.
When should the bonus arrive?
Up to 135 days from opening, including up to 60 days of assessment and processing after the first 75 days; the account must remain open and in good standing.
A concrete example
Planning example: 20 distinct ordinary debit-card purchases of $10.50 each inside 75 days could satisfy the count and conservative amount threshold if Capital One classifies every purchase as qualifying. Twenty ATM withdrawals or $10.00 purchases should not be assumed to qualify.
Timing and availability
A public end date is not stated; confirm the current DEBIT250 offer before opening. This is a dated offer snapshot. Confirm that the promotion is still available before opening an account.
Common questions about the two paths
One Capital One bonus, two pathsDEBIT250 and CHECKING250 are alternative codes for one new 360 Checking account. Capital One accepts one code per account and does not combine the welcome offers.
Can I use both codes?
No. Choose one path before opening; a second code does not create a second $250 reward.
Does the other path require payroll?
CHECKING250 requires two qualifying $500 direct deposits; DEBIT250 uses qualifying debit-card purchases instead.
Compare the direct-deposit path →Keep the terms. Track the steps.
Save this version of our summary with your dates and checklist. A later offer update will not rewrite your plan. Keep the official agreement and enrollment confirmation separately.
Use the date that starts this offer’s clock. Dates are estimates; confirm them with the issuer.
Read the terms saved in this plan
Saved in this browser, with no account required. Download a copy before clearing browser data. We do not send your dates or checklist to our server. Importing calendar dates may sync them through your calendar provider; its settings control notifications.
Your completion checklist.
Checkmarks are your notes, not confirmation from the issuer. Save a plan above to keep them with a specific offer summary.
Keep the terms with your checklist.
Save the official offer terms and your enrollment confirmation. Record the exact start date, qualifying activity, deadline, and expected payout. Check the issuer’s full account agreement for account-standing, holding-period, and early-closure conditions; this summary does not establish that there are none.
Keep the account open and in good standing through payout. Review the accepted offer and account agreement before closing or switching products.
If the bonus does not arrive
Wait through the stated payout window, then ask the issuer which condition remains unmet. Keep your offer confirmation, relevant statements or posted activity, and support case number. Share account documents only through the issuer’s secure channels.