Capital One $30 Bonus w/ SmartCents Checking
Posted by Deal Finder under [ Bank Deals ] on September 21, 20091 comment so far
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Capital One is imitating Bank of America’s keep the change savings program with their own checking/savings account called SmartCents checking and Simple Savings account. This account helps you save money by transferring money from your checking into your savings account automatically, and matching a portion of that. In addition, you can qualify for an extra $30 bank bonus by setting up direct deposit and online bill payment.
To get this bonus, you have to complete the following:
- Open a SmartCents Checking account and a Simple Savings account
- Use your debit card and pay bills online to build up automatic savings
- As your savings grow, Capital One contribute to your goal as well
You can open an account online, calling 1.888.855.BANK or by visiting a local branch.
The SmartCents checking account features the following:
- No monthly maintenance or activity fees
- No minimum balance required
- Every time you make a debit card purchase or pay a bill online, Capital One will transfer 50¢ of your money from your
- SmartCents checking account to your linked savings account
- Capital One will match 100% of your eligible SmartCents transfers for the first three months, then 5% after that
Additional details:
- $30 total SmartCents Checking account bonus available to new to bank checking customers only
- Qualifying direct deposit includes payments such as payroll, pension, or Social Security to your checking account
- Bonus-eligible transactions must post within the first three months of account opening
- Capital One will match 100% of eligible SmartCents transfers made within the first three months after account opening for new to bank checking customers only.
- Thereafter, Capital One Bank will match 5%
- Existing customers who convert an existing Capital One Bank checking account to a SmartCents Checking account will receive a 5% match from the date of account conversion
- Maximum Capital One contribution through matching contributions and bonuses is $300 per anniversary year
- The matching funds and bonuses will be credited to the linked savings account annually and paid within 30 days of the anniversary date of the account opening
- $50 minimum account opening requirement for SmartCents Checking. Customer purchases checks. Personal accounts only
- Limit one personal SmartCents Checking account per customer
Capital One Bank is FDIC insured.



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One Comment on “Capital One $30 Bonus w/ SmartCents Checking”
Can I add a few? Capital One is offering credit card customers $200 to open a Reward Checking Account. Dime Savings Bank (dime.com) is offering up to $300 for new checking accounts.