Update 12/8/24: Others are seeing even $200/$800 in Capital One Shopping; check to see what they are showing you. Personally, I was seeing $50/$150 yesterday, but now that they saw my interest in that offer, they emailed me a better offer for $250/$250. At $250 without accreditation necessary, I’m going to go for this. Note: readers remind us that we’ve been through this drill before, and it hasn’t gone smoothly in the past with Yieldstreet portal offers. Here’s hoping for a smoother ride this time.
The Offer
Across various channels, Capital One is offering a bonus for those who open a new Yieldstreet investor account. No actual investment appears to be required.
- Some people have an offer within their Capital One login (possibly targeted for Venture X customers) to get 56,000 miles when signing up and verifying their accredited investor status. Accredited investor status requires $1M in proven assets or $200k (single)/$300k (couple) income for two years.
- Those without accreditation can get 17,000 miles
- I’m seeing in my Capital One login an offer for $280 accredited or $85 without the accreditation.
- In the Capital One Shopping portal there is an offer (link) for $50/$150 for Yieldstreet signup. Others might have a different offer amount showing.
The Fine Print
- To earn the rebate you must make an eligible purchase at yieldstreet.com. Not applicable on uploading documents.
Our Verdict
The accreditation process is somewhat invasive with uploading either bank/brokerage statements or W-2 or tax returns, etc. Still a solid bonus and something to consider. The lower bonus for signup without accreditation is also interesting.
I’m not well familiar with Yieldstreet investing itself. These bonus offers are interesting in that there doesn’t seem to be any requirement other than the signup and approval process.
Hat tip to VFTW