What is that bank account bonus actually worth?
Turn an advertised Canadian bank bonus into an estimated net value after account fees, switching costs and interest you may give up. The calculator does not assume that you qualify—check every condition first.
Net-value calculator
- Bonus entered$400.00
- Account fees−$152.55
- Other costs−$0.00
- Net value per month$20.62
A simple comparison method
- Copy the official terms. Record the offer deadline, eligibility definition, required actions and retention period.
- Use realistic costs. Include fees for every month you cannot confidently waive, plus switching costs and lost interest.
- Compare the net result. A larger headline bonus can be worth less after fees or demanding conditions.
- Recheck on application day. Save the official terms and confirmation because offer pages can change.
Ready to inspect current Canadian money offers?
Use Bremo’s broader guide as a starting point, then confirm every amount and condition with the provider before acting.
Explore the current guideFrequently asked questions
How do I compare Canadian bank account bonuses?
Start with the bonus you can realistically qualify for, then subtract monthly fees, switching costs, forgone interest and any other cost required to earn it. Compare products over the same period.
Is the advertised bonus the same as net value?
No. The advertised amount is a headline figure. Net value accounts for the costs you incur to qualify and keep the account for the required period.
Does this calculator recommend a bank account?
No. It is an educational tool, not individualized financial advice or a ranking of financial products. Product suitability depends on your needs and the provider’s current terms.