Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Keep getting the Capital 360 $500 offer
Old 10-29-2015, 07:58 AM   #1
Thinks s/he gets paid by the post
Join Date: Sep 2012
Location: Seattle
Posts: 2,927
Keep getting the Capital 360 $500 offer

They must really want my $50k. I just got a new letter stating I can deposit $50k with them by Nov 30 and get $500 bonus cash after 90 days plus 0.75% interest in the account.

I have ignored this offer in the past because I am up against the ACA income cutoff for 2015 and $500 might cost me a lot more than $500. But now I am thinking it is close enough to the end of the year that the $500 would be 1099'd on our 2016 taxes? Can anyone confirm that that would be the case?

I have $60k in a brokerage account with no plans to use it until 2016 and a 4% return sounds better than the money market 0.02% I am getting.

Fermion is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-29-2015, 08:02 AM   #2
Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 1,137
You get the bonus in 90 days from funding date + 10-15 business days so it should be 2016 by then.

jim584672 is offline   Reply With Quote
Old 10-29-2015, 08:41 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
Join Date: Jan 2007
Location: Independence
Posts: 5,601
Originally Posted by jim584672 View Post
You get the bonus in 90 days from funding date + 10-15 business days so it should be 2016 by then.
That is just how it worked for us too.
calmloki is online now   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
CapOne 360 savings offer serious money grasshopper FIRE and Money 29 10-30-2015 10:24 AM
Capitol One 360? daverph FIRE and Money 4 11-14-2013 01:55 PM
What to keep in after-tax and what to keep in tax advantaged? LakeTravis FIRE and Money 5 10-23-2013 06:04 AM


All times are GMT -6. The time now is 11:45 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.