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You might be familiar with Capital One through its credit cards, but the company has more to offer via its personal banking division. Capital One has physical branches in a few states and also offers services through online and mobile banking, in addition to Capital One Café locations.
Banks want your business, and they’re willing to pay you money just for opening an account. Like other banks, Capital One offers promotions to attract new customers. Plus, it currently has a few credit card offers. Here’s a look at a suite of Capital One promotions to help you earn a quick win.
Capital One Credit Card Promotions
Among other services, Capital One is known for its credit cards. Read on to see what’s available now.
Capital One VentureOne Rewards Credit Card: 20,000 Bonus Miles — $200 Value
The Capital One VentureOne Rewards card offers 1.25 miles per dollar spent on every purchase. It’s also offering a 20,000-mile bonus if you spend $500 in the first three months you hold the card. This card also comes with no annual fee, no foreign transaction fee and travel accident insurance.
- Cash value: Equivalent to $200 in travel
- Minimum spend to qualify: $500
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new Capital One VentureOne Rewards credit card and make $500 in purchases within three months of opening
- When you’ll get it: Applied to your rewards balance within two billing cycles after qualifying
- Terms and conditions: Must be a new VentureOne Rewards cardholder
- Annual fee: $0
- Promotions page: Capital One VentureOne Rewards credit card offer
Capital One Venture Rewards Credit Card: 75,000 Bonus Miles — $750 Value
The Capital One Venture Rewards card comes with an unlimited two times the miles per dollar spent and five times the miles per dollar spent on hotels and rental cars booked through Capital One Travel. With this offer, you can get 75,000 bonus miles if you spend $4,000 within the first three months of opening. This card also comes with no foreign transaction fees and a $100 credit to Global Entry or TSA PreCheck.
- Cash value: Equivalent to $750 in travel
- Minimum spend to qualify: $4,000
- Expiration date: Not specified
- How to get it: Open a new Capital One Venture Rewards credit card and make $4,000 in purchases within three months of opening
- When you’ll get it: Applied to your rewards balance within two billing cycles after qualifying
- Terms and conditions: Must be a new Venture Rewards cardholder
- Annual fee: $95
- Promotions page: Capital One Venture Rewards credit card offer
Capital One Venture X Credit Card: 75,000 Bonus Miles — $750 Value
The Venture X card from Capital One offers 10x miles on hotels and rental cars booked with Capital One Travel, 5x miles on flights booked with Capital One Travel and 2x miles on everything else. It also offers 10,000 anniversary miles each year and a $300 annual travel credit to use on bookings through Capital One Travel. Additionally, the card provides up to a $100 credit for Global Entry or TSA PreCheck, access to Capital One airport lounges, no foreign transaction fees, cellphone protection and access to Capital One Dining. This card offers new card members 75,000 bonus miles after they spend $4,000 in the first three months.
- Cash value: Equivalent to $750 in travel
- Minimum spend to qualify: $4,000
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new Capital One Venture X card and make $4,000 in purchases within three months of opening
- When you’ll get it: Applied to your rewards balance within two billing cycles after qualifying
- Terms and conditions: Must be a new Venture X cardholder
- Annual fee: $395
- Promotions page: Capital One Venture X credit card offer
Capital One SavorOne Rewards Credit Card: $200 Bonus
Like to have fun? The Capital One SavorOne Rewards card gives you 3% back on dining, entertainment, streaming services and grocery purchases — excluding superstores like Target and Walmart. Card members will get 1% back on everything else and 8% back on Capital One Entertainment purchases. Plus, you can earn a $200 bonus when you make $500 in purchases in the first three months after opening.
- Cash value: $200
- Minimum spend to qualify: $500
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new SavorOne Rewards credit card and make $500 in purchases within three months of opening
- When you’ll get it: Within two billing cycles of meeting the spending requirements
- Terms and conditions: May not be available for existing or previous SavorOne Rewards cardholders
- Annual fee: $0
- Promotion page: SavorOne Rewards credit card offer
Capital One Savor Rewards Credit Card: $300 Bonus
The Capital One Savor Rewards card offers 4% cash back on dining, entertainment and streaming services, along with 3% at grocery stores — again, excluding superstores — and 1% on everything else. It offers a $300 bonus if you spend $3,000 in the first three months. Additionally, you can earn 10% cash back on Uber and Uber Eats purchases and enjoy an Uber One membership through Nov. 14, 2024.
- Cash value: $300
- Minimum spend to qualify: $3,000
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new Savor Rewards card and make $3,000 in purchases within the first three months
- When you’ll get it: Within two billing cycles after qualifying
- Terms and conditions: May not be available for existing or previous cardholders
- Annual fee: $95
- Promotion page: Savor Rewards credit card offer
Capital One Quicksilver Credit Card: $200 Bonus
The Capital One Quicksilver card offers 1.5% cash back on all purchases. You can earn a $200 bonus if you spend $500 on purchases in the first three months of holding the card. The card doesn’t have an annual fee or foreign transaction fees attached. Additionally, the rewards you earn won’t expire as long as your account is open. You can choose to use the rewards as cash back in the form of a check or statement credit, cover a recent credit card purchase, or get gift cards with your points.
- Cash value: $200
- Minimum spend to qualify: $500
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new Quicksilver card and make $500 in purchases within the first three months
- When you’ll get it: Within two billing cycles after qualifying
- Terms and conditions: May not be available for existing or previous cardholders
- Annual fee: $0
- Promotion page: Quicksilver credit card offer
Capital One Spark Cash Select: $750 Bonus
The Capital One Spark Cash Select card offers a $750 bonus to new account holders who spend $6,000 in the first three months. Beyond the bonus, cardholders can earn 1.5% cash-back rewards for every business purchase they make and 5% cash back on hotel purchases made through Capital One Travel.
Business owners can also appreciate the straightforward purchase records, virtual card numbers and year-end summaries.
- Cash value: $750
- Minimum spend to qualify: $6,000
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new Spark Cash Select card and make $6,000 in purchases within the first three months
- When you’ll get it: Within two billing cycles after qualifying
- Terms and conditions: May not be available for existing or previous cardholders
- Annual fee: $0
- Promotion page: Spark Cash Select credit card
Capital One Spark Miles: 50,000 Bonus Miles — $500 Value
The Capital One Spark Miles credit card comes with a 50,000 bonus mile opportunity, which is worth $500 in travel redemptions. In order to get the bonus, you must spend $4,500 on the card within three months of opening the account. The credit card offers $100 in credit for Global Entry or TSA PreCheck and flexible travel redemption options. In the first year, the $95 annual fee is waived.
- Cash value: $500
- Minimum spend to qualify: $4,500
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new Spark Miles card and make $4,500 in purchases within the first three months
- When you’ll get it: Within two billing cycles after qualifying
- Terms and conditions: May not be available for existing or previous cardholders
- Annual fee: $95, waived the first year
- Promotion page: Spark Miles credit card
Capital One Venture X Business: 150,000 Bonus Miles
The Capital One Venture X Business comes with many of the same features as the Capital One Venture X credit card. But the Business option comes with a 150,000-mile bonus opportunity. You’ll need to spend $30,000 within three months of account opening to earn the miles.
The card requires you to pay off the balance in full each month. With this spending structure, you can stretch the value of your business spending a bit further.
- Minimum spend to qualify: $30,000
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new Capital One Venture X Business card and make $30,000 in purchases within three months of opening
- When you’ll get it: Applied to your rewards balance within two billing cycles after qualifying
- Terms and conditions: Must be a new Venture X Business cardholder
Annual fee: $395 - Promotions page: Capital One Venture X Business card offer
Capital One Spark Cash Plus: $1,200 Bonus
Business owners in search of a charge card might find what they are looking for through the Capital One Spark Cash Plus card. The charge card offers a $1,200 cash bonus. You’ll need to spend $30,000 in the first three months to qualify. If you already have a big purchase in mind for your business, then this card could be a helpful way to stretch your spending a bit further. But keep in mind that you’ll have to pay off the entire balance each month.
After the bonus, you can earn 2% cash back on your spending. If you spend at least $150,000 on the card, you’ll get an annual fee refund of $150. The charge card also comes with free employee and virtual cards.
- Cash value: $1,200
- Minimum spend to qualify: $30,000
- Expiration date: Rewards don’t expire for the life of the account
- How to get it: Open a new Capital One Spark Cash Plus card and make $30,000 in purchases within the first three months to receive the bonus
- When you’ll get it: Within two billing cycles after qualifying
- Terms and conditions: May not be available for existing or previous cardholders
- Annual fee: $150, but can be refunded by spending at least $150,000
- Promotion page: Spark Cash Plus card offer
Capital One Bank Account Promotions
Capital One might be best known for its enticing credit card reward bonuses. But it also offers bank account promotions from time to time. There are no current checking or savings account promotions but make sure you check back as the bank’s offerings change all the time.
Benefits of Banking With Capital One
Capital One offers other ways to save money via additional banking products and features. Those savings make the bank worth consideration. Here are some more.
Fee-Free Banking
Capital One 360 checking and savings accounts are mostly fee-free. The bank does not charge customers monthly maintenance fees or require minimum balances. Customers have access to more than 70,000 ATMs, where they can check balances and withdraw cash without paying a fee.
Avoiding monthly fees over a period of time can save you money. Bank of America, Member FDIC, charges as much as $25 per month for checking accounts. Chase’s most popular checking account charges $12. That adds up to as much as $300 per year you can save by banking with Capital One.
Competitive Rates
Saving money isn’t the only way to put extra cash in your pocket. Capital One offers competitive rates above the national average for specific products. For example, Capital One’s 360 Performance Savings* account features an APY that’s well above the national average — no matter what your balance is.
How To Open a Capital One Account
Signing up for a Capital One account is a fairly simple process. Here’s how to open an account:
1. Decide Where You Want To Open Your Account
Capital One offers customers three options for opening accounts. If you’re new to the bank, you can open an account online or in a branch or cafe. Current Capital One customers can open a new account through the mobile app.
2. Choose an Account
Capital One has checking and savings accounts for adults as well as teens and children. You also may choose a certificate of deposit.
3. Gather and Provide the Required Information
You’ll need to provide your name, contact information and Social Security number when opening the account either online or in a branch or café.
4. Fund the Account
Deposit to the new account within 60 days of opening. You can deposit a check through the mobile app or schedule a transfer from another account. You even have the option of scheduling recurring transfers into the account.
Is It Time To Switch to Capital One?
Capital One’s low fees can add up to big savings over time. You’ll also get better than average rates on interest-earning accounts, and that interest can really add up over time, depending on account usage and payment behavior.
Earning Capital One bonuses is great, but it shouldn’t be the only reason you choose a bank. Ultimately, the bank should offer the products and services you need to meet your financial goals.
FAQ
The basic idea of a Capital One promotion is enticing. But it's natural to have questions about the promotional offers. Below are some answers to commonly asked questions:
- Does Capital One have a bonus for opening an account?
- Yes. Capital One offers bonus opportunities for opening multiple types of credit card accounts with the bank. But simply opening the account likely isn't enough. In addition to opening the account, you'll often need to complete a specific type of transaction to receive your bonus.
- How do I get the $350 bonus from Capital One?
- The $350 bonus offer from Capital One is currently expired. While it was live, you simply had to use a promo code while opening your new account to qualify for it.
- What is the Capital One 360 Checking promo code for 2024?
- As of this writing, there are no Capital One promo codes available. However, the promotional codes available can change at any time.
- What is the $450 bonus at Capital One?
- Capital One previously offered a $450 bonus to new account holders who deposited at least $50,000 of new money into an eligible savings account. But as of this writing, this lucrative bonus offer expired.
More on Capital One Bank
- Capital One Bank Review
- How To Open a Capital One Account
- Capital One Interest Rates
- Capital One vs. Ally
- Capital One vs. Chase
Sarah Sharkey and Julia Gordon contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on promotions is accurate as of May 16, 2024. Additional requirements may apply. Offers and terms are subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
*Savings vary depending on account usageand payment behavior.
*Capital one interest rates are accurate as of June 4, 2024. See website for all current rates.
