Bounty
Worth it?

Bank Simply Checking with College Banking benefits bonus: is $125 worth it?

What it adds over what your cash earns now, tier by tier. Change the rate to yours.

+$125: more than leaving it at 4.15%
With the bonus182500%
Leave it where it is4.15%

Yearly rate on $25 while it's there, bonus included.

The math

Compared with leaving $25 at 4.15%

Bonus
+$125
Interest while it's there
No interest assumed
$0
What it'd earn at home
$25 at 4.15% for 1 day
$0
Extra
+$125
Works out to 182500% a year on that cash, vs 4.15% at home.

Make 10 debit card purchases within 60 days · Deposit $25 in new money within 1 day. Terms checked Oct 10, 2026.

See every bonus ranked like this for you

About this bonus

What it takes

  1. 1Make 10 debit card purchases within 60 days
  2. 2Deposit $25 in new money within 1 day
Ends
No end date listed
Where
8 states: AL, CA, IL, NJ, NY, TX, VA, WA
Monthly fee
None
Cash stays
About 1 day
Bonus paid
Usually within 30 days of finishing
Credit check
A ChexSystems inquiry (not your credit score)
Terms checked Oct 10, 2026The bank's offer pageFound via Doctor of Credit

Similar bonuses

The same kind of account, ranked by what each adds at 4.15%.

Questions

Is the Bank Simply Checking with College Banking benefits bonus worth it?

At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $25 tier adds +$125: the $125 bonus, minus the $0 that cash would have earned in 1 day. At a different rate the answer changes; the calculator on this page works it out for yours.

What are the requirements?

Make 10 debit card purchases within 60 days; deposit $25 in new money within 1 day. Open to residents of AL, CA, IL, NJ, NY, TX, VA, WA.

When does it end?

No end date is listed. The terms were last checked Oct 10, 2026.