Bounty

Fifth District Savings Bank Teen Totally Free Checking bonus: is the 100% match worth it?

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

+$100: more than leaving it at 4.15%
With the bonus36500%
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
+$100
Interest while it's there
No interest assumed
$0
What it'd earn at home
$100 at 4.15% for 1 day
$0
Extra
+$100
Works out to 36500% a year on that cash, vs 4.15% at home.

Make 5 debit card purchases within 60 days · Within 60 days: account in good standing, sign up for FDSB Connected and eStatements · Deposit $100 in new money within 1 day. Terms checked Oct 10, 2026.

About this bonus

What it takes

  1. 1Make 5 debit card purchases within 60 days
  2. 2Within 60 days: account in good standing, sign up for FDSB Connected and eStatements
  3. 3Deposit $100 in new money within 1 day
Ends
No end date listed
Where
Louisiana
Monthly fee
None
Cash stays
About 1 day
Bonus paid
Usually within 35 days of finishing

Similar bonuses

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

Questions

Is the Fifth District Savings Bank Teen Totally Free 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 +$100: the $100 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 5 debit card purchases within 60 days; within 60 days: account in good standing, sign up for FDSB Connected and eStatements; deposit $100 in new money within 1 day. Open to residents of Louisiana.

When does it end?

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