Cape & Coast Bank Free Business Checking bonus: is $250 worth it?
What it adds over what your cash earns now, tier by tier. Change the rate to yours.
+$245: more than leaving it at 4.15%
With the bonus202.78%
Leave it where it is4.15%
Yearly rate on $500 while it's there, bonus included.
The math
Compared with leaving $500 at 4.15%
Bonus
+$250
Interest while it's there
No interest assumed
$0
What it'd earn at home
$500 at 4.15% for 3 mo
−$5
Extra
+$245
Works out to 202.8% a year on that cash, vs 4.15% at home.
Average $500 from day 1 to day 90. Terms checked Oct 10, 2026.
About this bonus
What it takes
- 1Average $500 from day 1 to day 90
- Ends
- Dec 31, 2026
- Where
- Massachusetts
- Monthly fee
- None
- Cash stays
- About 90 days
- Bonus paid
- Usually within 120 days of finishing
Similar bonuses
The same kind of account, ranked by what each adds at 4.15%.
Questions
Is the Cape & Coast Bank Free Business Checking bonus worth it?
At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $500 tier adds +$245: the $250 bonus, minus the $5 that cash would have earned in 90 days. At a different rate the answer changes; the calculator on this page works it out for yours.
What are the requirements?
Average $500 from day 1 to day 90. Open to residents of Massachusetts.
When does it end?
The offer ends Dec 31, 2026. The terms were last checked Oct 10, 2026.