This deal has expired!
Capital One 360, an online bank with excellent products and customer service, is offering a $125 bonus when you open an Electric Orange Checking Account through this link. I’ve heard nothing but good things about Capital One 360’s products and customer service and this account carries no fees or minimum balances!
My husband and I have our emergency fund (were we keep about 6 months of living expenses saved) in an online checking account. Online banks tend to offer higher interest rates (one step better than totally sucky) and it’s really good to keep your emergency funds away from your regular banking account so money doesn’t periodically find it’s way into your living funds.
360 Checking — Get $125 bonus
- Open your account here. You will need your existing checking account checkbook in order to make your first deposit electronically. This will create an electronic link between both accounts so you can easily transfer money.
- Make a total of 10 purchases using your 360 Checking debit card (signature or PIN-based debit card transactions) and/or CheckMateSM deposits (any combination) within 45 days.
- Your $125 bonus will be automatically deposited into your account on day 50.
There is no minimum deposit or balance — you’ll just need to put enough money in there to cover your 10 debit card transactions. You will receive your $125 on day 50.
Please note 360 Checking accounts cannot be used for business, power of attorney, beneficiary or individual retirement accounts. This offer is available to new 360 Checking accounts only (one person on the account must be new). The $125 may be reported to the IRS and state agencies (so basically it’s viewed as income and you’ll be taxed on it).
ING Direct is now Capital One 360.
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