Elevations Free Checking bonus: is $500 worth it?
What it adds over what your cash earns now, tier by tier. Change the rate to yours.
+$500: more than leaving it at 4.15%
The math
Bonus
+$500
Extra
+$500
Get 2 direct deposits of $1,000+ within 90 days · Log into / enroll in online banking within 90 days. Terms checked Oct 9, 2026.
About this bonus
What it takes
- 1Get 2 direct deposits of $1,000+ within 90 days
- 2Log into / enroll in online banking within 90 days
- Ends
- Nov 30, 2026
- Where
- Colorado
- Monthly fee
- None
- Keep it open
- At least 365 days, or the bonus can be taken back
- Bonus paid
- Usually within 30 days of finishing
Similar bonuses
The same kind of account, ranked by what each adds at 4.15%.
Questions
Is the Elevations Free Checking bonus worth it?
It doesn't tie up any cash, so it beats leaving your money where it is: after fees it adds +$500.
What are the requirements?
Get 2 direct deposits of $1,000+ within 90 days; log into / enroll in online banking within 90 days. Open to residents of Colorado.
When does it end?
The offer ends Nov 30, 2026. The terms were last checked Oct 9, 2026.