WaterStone Bank Business Checking bonus: is $700 worth it?
What it adds over what your cash earns now, tier by tier. Change the rate to yours.
With $5,000 for 180 days, the tier that adds the most.
Yearly rate on $5,000 while it's there, bonus included.
Every tier
A smaller tier often wins: less cash away from what it earns now.
- +$198$5,000Best for you$300 bonus · 180 days
- −$11$25,000$500 bonus · 180 days
- −$321$50,000$700 bonus · 180 days
- +$150$0$150 bonus · 180 days
- +$150$0$150 bonus · 180 days
The math
Compared with leaving $5k at 4.15%
Average $5,000 from day 1 to day ? · Make 10 debit card purchases within 90 days. Terms checked Oct 9, 2026.
About this bonus
What it takes
- 1Average $5,000 from day 1 to day ?
- 2Make 10 debit card purchases within 90 days
- Ends
- No end date listed
- Where
- Wisconsin
- Pays while it's there
- 0.01% a year
- Monthly fee
- None
- Closing early
- $30 within 180 days
- Cash stays
- About 180 days
- Bonus paid
- Usually within 45 days of finishing
Similar bonuses
The same kind of account, ranked by what each adds at 4.15%.
Questions
Is the WaterStone Bank Business Checking bonus worth it?
At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $5,000 tier adds +$198: the $300 bonus, minus the $102 that cash would have earned in 180 days. The $150 tier, with no cash parked, adds +$150. At a different rate the answer changes; the calculator on this page works it out for yours.
What are the requirements?
Average $5,000 from day 1 to day ?; make 10 debit card purchases within 90 days. Open to residents of Wisconsin.
When does it end?
No end date is listed. The terms were last checked Oct 9, 2026.