capital One 500 bonus not worthwhile as can make more $ keeping $ in an acct
never else to say; but they wanted me to include words here
However, if that FI's particular offer allows the applicant to place their funds (and have them count for the bonus) in a money market mutual fund, then that APY plus the bonus may be palatable, simply because that APY is more likely to be determined by the marketplace. Examples of the latter can be found at many of the megabanks and even a few of the larger regional banks. YMMV.
Annual Investment Composite Yield of the promotion WOULD BE 5.272%.
The Actual Yield of the Promotion WOULD depend on CO Performance Savings Account Rate 4.25% - current, and the timing of the Bonus deposit - 150 days.
The Actual Annualized Investment Composite Yield is Depositor specific and couldn't be Googled.
Current CO Bank Accounts Promotions, all LUCRATIVE given that there are no accounts on or after 1/1/22;
$250 - Checking, nominal DDx2
$750 - Savings, $50K for 90 Days, $300/$20K, $1500/100K
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The bottom line - no "guessing"
"If Recognized thugs approach you to force you to READ a bonus review on DA, .... RUN!!!"