Malvern Bank Premier Checking bonus: is $300 worth it?
What it adds over what your cash earns now, tier by tier. Change the rate to yours.
Yearly rate on $25 while it's there, bonus included.
The math
Compared with leaving $25 at 4.15%
Get 3 direct deposits (any amount) within 90 days · Make 10 debit card purchases within 90 days · Access online banking at least once and remain enrolled in e-statements each statement… · Deposit $1,000 in new money within 1 day. Terms checked Oct 10, 2026.
About this bonus
What it takes
- 1Get 3 direct deposits (any amount) within 90 days
- 2Make 10 debit card purchases within 90 days
- 3Access online banking at least once and remain enrolled in e-statements each statement…
- 4Deposit $1,000 in new money within 1 day
- Ends
- No end date listed
- Where
- Iowa
- Monthly fee
- None
- Keep it open
- At least 90 days, or the bonus can be taken back
- Cash stays
- About 1 day
- 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 Malvern Bank Premier Checking bonus worth it?
At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $25 tier adds +$300: the $300 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 (any amount) within 90 days; make 10 debit card purchases within 90 days; access online banking at least once and remain enrolled in e-statements each statement…; deposit $1,000 in new money within 1 day. Open to residents of Iowa.
When does it end?
No end date is listed. The terms were last checked Oct 10, 2026.