Bank bonus calculator
$
$
%
Off the offer. Enter 0 if it pays no interest.
%
What you would give up by moving it. Enter 0 if it earns nothing.
The bonus as a yearly rate
24.00%
$300 on $5,000 kept for 3 months
- Bonus
- $300.00
- Interest the account pays
- $6.25
- Interest given up
- $50.00
- Ahead or behind
- $256.25
A bonus is paid once, so the yearly rate is only a way to compare it with a rate: it lasts as long as the months you entered and no longer. The interest figures are simple interest on a balance that does not change. Offers have conditions this cannot see, such as new money only, direct deposits, a date the bonus is paid, and fees. A bonus is usually taxable and that is left out. An estimate, not financial advice.