Bounty
Worth it?

Columbia Bank Advantage Plus Checking bonus: is $500 worth it?

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

+$347: more than leaving it at 4.15%

With $10,000 for 135 days, the tier that adds the most.

With the bonus13.52%
Leave it where it is4.15%

Yearly rate on $10,000 while it's there, bonus included.

Every tier

A smaller tier often wins: less cash away from what it earns now.

  • $5,000
    $250 bonus · 135 days
    +$173
  • $10,000Best for you
    $500 bonus · 135 days
    +$347

The math

Compared with leaving $10k at 4.15%

Bonus
+$500
Interest while it's there
No interest assumed
$0
What it'd earn at home
$10,000 at 4.15% for 135 days
−$153
Extra
+$347
Works out to 13.5% a year on that cash, vs 4.15% at home.

Deposit $10,000 in new money within 15 days · Keep $10,000 there until day 135. Terms checked Oct 9, 2026.

See every bonus ranked like this for you

About this bonus

What it takes

  1. 1Deposit $10,000 in new money within 15 days
  2. 2Keep $10,000 there until day 135
Ends
No end date listed
Where
New Jersey
Monthly fee
None
Cash stays
About 135 days
Bonus paid
Usually within 30 days of finishing
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 Columbia Bank Advantage Plus Checking bonus worth it?

At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $10,000 tier adds +$347: the $500 bonus, minus the $153 that cash would have earned in 135 days. The $5,000 tier adds +$173. At a different rate the answer changes; the calculator on this page works it out for yours.

What are the requirements?

Deposit $10,000 in new money within 15 days; keep $10,000 there until day 135. Open to residents of New Jersey.

When does it end?

No end date is listed. The terms were last checked Oct 9, 2026.