Bounty
Worth it?

Byline Bank Simple Checking bonus: is $450 worth it?

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

+$450: more than leaving it at 4.15%
With the bonus164250%
Leave it where it is4.15%

Yearly rate on $100 while it's there, bonus included.

The math

Compared with leaving $100 at 4.15%

Bonus
+$450
Interest while it's there
No interest assumed
$0
What it'd earn at home
$100 at 4.15% for 1 day
$0
Extra
+$450
Works out to 164250% a year on that cash, vs 4.15% at home.

Get 3 direct deposits of $1,000+ within 120 days · Deposit $100 in new money within 1 day. Terms checked Oct 9, 2026.

See every bonus ranked like this for you

About this bonus

What it takes

  1. 1Get 3 direct deposits of $1,000+ within 120 days
  2. 2Deposit $100 in new money within 1 day
Ends
Nov 30, 2026
Where
Illinois, Wisconsin
Monthly fee
None
Closing early
$25 within 180 days
Cash stays
About 1 day
Bonus paid
Usually within 130 days of finishing
Credit check
A ChexSystems inquiry (not your credit score)
Terms checked Oct 9, 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 Byline Bank Simple Checking bonus worth it?

At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $100 tier adds +$450: the $450 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?

Get 3 direct deposits of $1,000+ within 120 days; deposit $100 in new money within 1 day. Open to residents of Illinois, Wisconsin.

When does it end?

The offer ends Nov 30, 2026. The terms were last checked Oct 9, 2026.