<prompt> Human: Hi rpersonalfinance,As the title says Im thinking about opening a checking account just for the sign-up bonus. I recently received an offer through Capital One that says theyll give me a 400 bonus if I sign up for a 360 checking account and make 2 direct deposits of 250 or more in 60 days. I would then close the account shortly after receiving the bonus since I have no need for it. Making the direct deposits wouldnt be an issue for me from a standpoint, so Im just wondering if anyone has any experience with thisif there are any potential pitfalls?Thanks.EDIT: Thanks for all of the info! I decided to go ahead and open the account since there are no minimum balances and no monthly fees with the 360 account. I didnt see any language regarding how long Id have to keep it open, but Ill be sure to look a bit harder in the coming days. As one commenter said 400 is not bad for less than an hours work.  <response>: Youll want to read the fine print; many of those deals say you need to keep the account open for a certain amount of time, keep a certain balance, etc. to be eligible for the bonus beyond the requirements they say. The bonus usually doesnt get added to the account until several months after you meet the criteria. Also see if there are any fees associated with the account that could drain that 400. 