Bounty
Worth it?

Springs Valley Bank & Trust Free eZChecking + Focus Savings bonus: is $250 worth it?

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

+$249: more than leaving it at 4.15%
With the bonus1520.83%
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
+$250
Interest while it's there
No interest assumed
$0
What it'd earn at home
$100 at 4.15% for 2 mo
−$1
Extra
+$249
Works out to 1520.8% a year on that cash, vs 4.15% at home.

Get $1,500 in direct deposits within 60 days · Average $100 from day 1 to day 60 · Enroll in Online Banking and eStatements within 60 days. Terms checked Oct 10, 2026.

See every bonus ranked like this for you

About this bonus

What it takes

  1. 1Get $1,500 in direct deposits within 60 days
  2. 2Average $100 from day 1 to day 60
  3. 3Enroll in Online Banking and eStatements within 60 days
Ends
Dec 31, 2026
Where
Indiana
Monthly fee
None
Closing early
$15 within 90 days
Cash stays
About 60 days
Bonus paid
Usually within 30 days of finishing
Credit check
A ChexSystems inquiry (not your credit score)
Terms checked Oct 10, 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 Springs Valley Bank & Trust Free eZChecking + Focus Savings 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 +$249: the $250 bonus, minus the $1 that cash would have earned in 60 days. At a different rate the answer changes; the calculator on this page works it out for yours.

What are the requirements?

Get $1,500 in direct deposits within 60 days; average $100 from day 1 to day 60; enroll in Online Banking and eStatements within 60 days. Open to residents of Indiana.

When does it end?

The offer ends Dec 31, 2026. The terms were last checked Oct 10, 2026.