Bounty

Newtown Savings Bank Statement Savings bonus: is $200 worth it?

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

+$104: more than leaving it at 4.15%

With $10,000 for 90 days, the tier that adds the most.

With the bonus8.35%
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.

  • $750
    $75 bonus · 90 days
    +$67
  • $10,000Best for you
    $200 bonus · 90 days
    +$104

The math

Compared with leaving $10k at 4.15%

Bonus
+$200
Interest while it's there
0.25% for 3 mo
+$6
What it'd earn at home
$10,000 at 4.15% for 3 mo
−$102
Extra
+$104
Works out to 8.4% a year on that cash, vs 4.15% at home.

Keep $10,000 there until day 90 · Receive 3 electronic credits…. Terms checked Oct 10, 2026.

About this bonus

What it takes

  1. 1Keep $10,000 there until day 90
  2. 2Receive 3 electronic credits…
Ends
No end date listed
Where
Connecticut, New York
Pays while it's there
0.25% a year
Monthly fee
None
Cash stays
About 90 days
Bonus paid
Usually within 30 days of finishing
Credit check
A ChexSystems inquiry (not your credit score)

Similar bonuses

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

Questions

Is the Newtown Savings Bank Statement Savings 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 +$104: the $200 bonus plus $6 interest, minus the $102 that cash would have earned in 90 days. The $750 tier adds +$67. At a different rate the answer changes; the calculator on this page works it out for yours.

What are the requirements?

Keep $10,000 there until day 90; receive 3 electronic credits…. Open to residents of Connecticut, New York.

When does it end?

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