Bank Bonus Net Value Calculator

Calculate the true value of any bank account bonus after accounting for fees, taxes, and the value of your time. Our calculator helps you determine if a bank promotion is worth pursuing. With 43 active bonuses ranging up to $600, it is important to know the real value you will receive.

What the Calculator Considers

• Gross Bonus Amount - The advertised bonus value
• Monthly Fees - Account maintenance fees if not waived
• Early Closure Fees - Penalties for closing account too soon
• Tax Impact - Estimated taxes on the bonus (typically 25-35%)
• Time Value - The cost of your time to set up and maintain the account
• Minimum Balance - Opportunity cost of funds tied up in the account

Sample Calculations

• Bask Bank $300 Bonus: After 25% tax = ~$225 net value (no monthly fee)
• Everwise Credit Union $250 Bonus: After 25% tax = ~$188 net value (no monthly fee)
• First Commonwealth Bank $200 Bonus: After 25% tax = ~$150 net value (waivable $5/month fee)
• Community First Credit Union $200 Bonus: After 25% tax = ~$150 net value (no monthly fee)
• Associated Bank $600 Bonus: After 25% tax = ~$450 net value (no monthly fee)

Frequently Asked Questions