Note: It is not clear if a print-out of the web page with promo info qualifies as "mailer" that you are supposed to show in a branch in order to receive the bonus.
To get $200 for using direct deposit, simply visit your local branch to open your account. Bring the mail piece you received and mention promo code RC2
The Capital One, N.A., payroll/direct deposit reward promotion is effective for sixty (60) days following the day of a consumer's receipt via U.S. Mail of the required invitation addressed to his/her attention. To qualify for the $200 cash reward, you must present this mailer you received when you open a Capital One Bank branch personal checking account during the promotional period and enroll in payroll/direct deposit within 90 days of account opening. Qualifying individuals will receive a $200 credit to their checking account approximately 6-8 weeks after the first payroll/direct deposit transaction is posted to the account. Limit one reward per customer.