Capital One $250 Checking Bonus, Direct Deposit Not Required

Offer at a glance

• Maximum bonus amount: $250
• Availability: Nationwide
• Direct deposit required: No
• Additional requirements: Use promo code
• Hard/soft pull: Soft (overdraft protection no longer being offered)
• ChexSystems: Mixed. EWS sensitive according to the comments
• Credit card funding: None
• Monthly fees: None
• Early account termination fee: None
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Capital One is offering a $250 bonus when you open a new checking account and complete the following requirements:
  • Use promo code DEBIT250
  • Complete 20 qualifying transactions of $10 or more within 75 days of account opening

The Fine Print

• Here’s the full scoop on how to earn your DEBIT250 bonus:
  1. Open a 360 Checking account on or after December 10, 2025  using promotional code DEBIT250.
  2. Use your 360 Checking debit card for qualifying transactions at least 20 of $10 or more within 75 days of account opening.
  3. Capital One will deposit the bonus into your account after the requirements listed above are completed. See below for when the bonus will be posted.
• If you have or had an open 360 Checking, Simply Checking, or Total Control Checking account as a primary or secondary account holder with Capital One on or after January 1, 2024, you will be ineligible for the bonus. If your account is in default, closed or suspended, or otherwise not in good standing before you receive the bonus, you will not receive the bonus. No minimum balance is required to be maintained in order to receive this bonus.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

There is no early account termination fee

Our Verdict

There is also a $300 bonus, that one requires a direct deposit but it might actually be easier for most people to hit that requirement than 20 debit card transactions of $10+. I guess this is an option if you don’t want to move your direct deposit or use one of the workaround methods. We will add this as a note to the $300 bonus on the best bank bonus page. 

Another advantage of this $250 bonus is that the terms state ‘you can’t have had an account open on or after 1/1/24’ whereas the $300 bonus says 1/1/23 so more people will be eligible for this bonus. 

Hat tip to reader Jon

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times