Find an updated list of CIBM Bank bonuses, promotions, and offers here.
Update 3/18/25: The $600 checking bonus is back through 4/30/25 and the $50 referral bonus has been extended through 12/31/25.
CIBM Bank Bonuses Review
CIBM Bank is found in Illinois, Indiana, and Wisconsin. It was established in 1921 and now has 11 locations. This bank has an A health rating.
I’ll go over all CIBM Bank bonuses & offers below.
CIBM Bank $600 Checking Bonus
CIBM Bank is offering a $600 bonus when you open a new checking account.
- What you’ll get: $600 Bonus
- Eligible account: High Performance Checking
- Availability: IL, IN, WI (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required: Yes
- Monthly Fee: $0-$7, waivable
- How to earn it:
- Choose the checking account that works for you:
- High Performance Checking
- Acceleration Checking,
- Classic Checking, or
- Open your account at your favorite branch or online with promo code 600IN25
- Complete the activities
- $100 when you use your debit card
- $200 for direct deposit
- $300 for $10,0003 minimum balance
- Collect your Bonus(es)
- Choose the checking account that works for you:
(Expires 04/30/2025)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Offer available on new Acceleration, Classic, and High Performance checking accounts opened between 1/21/25 and 4/30/25.
- Offer not available for existing CIBM Bank personal checking account holders or those who have closed a CIBM Bank personal checking account within the past 12 months.
- Promo code 600IN25 must be used at time of account opening.
- To qualify for this $100.00 bonus, the new account holder must complete 10 debit card purchases of $10.00 or greater each per month in each of the first five full calendar months following the month of account opening.
- Purchases may take one or more business days from the date transaction was made to post and clear the account.
- ATM withdrawals are not considered purchases, and do not qualify for the purchase requirement.
- To qualify for this $200.00 bonus, the new account holder must receive one or more Qualifying Direct Deposits with a cumulative total of $500.00 or more per month in each of the first five full calendar months following the month of account opening.
- “Qualifying Direct Deposits” are electronic deposits of your paycheck, retirement, or government benefits (such as Social Security) from your employer or the government.
- To qualify for the $300.00, the new account holder must maintain a minimum balance of $10,000.00 in each of the first five calendar months following the month of account opening.
- Customer may receive one, two or all three bonuses, limited to one of each bonus per account and one account per customer.
- Maximum bonus per account $600.00. Bonus(es) will be paid within 210 days of account opening provided specific requirements per bonus have been met.
- Account must be open and have a balance greater than zero when the bonus is paid.
- Cash bonus considered interest/income and reportable on IRS Form 1099-INT or 1099-MISC.
- Minimum opening deposit of $100.00 required.
- Accounts closed within 6 months of opening date subject to a $25.00 early closing fee.
- We reserve the right to amend or cancel any part of this offer at any time.
CIBM Bank $50 Referral Bonuses
CIBM Bank is offering a $50 bonus when you refer someone to open a new checking account.
- What you’ll get: $50 Bonus
- Eligible account: High Performance, Acceleration, Classic or Alternative Checking
- Availability: IL, IN, WI
- Credit Inquiry: Soft Pull
- Direct Deposit Required: No
- Monthly Fee: $0-$7; waivable
- How to earn it:
- Referred customer must open a new CIBM Bank checking account as the primary owner to qualify for the one-time Refer-A-Friend bonus credit.
- The form must be presented in branch or referral source information must be included online at the time of account opening.
- Minimum opening deposit of $100.00 required.
- A $50.00 bonus will be paid to the existing and referred customers’ accounts at the time of new account opening.
(Offer expires 12/31/2025)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
Fine Print
- Referred customer must open a new CIBM Bank checking account as the primary owner to qualify for the one-time Refer-A-Friend bonus credit.
- The new account bonus is not available for existing CIBM Bank customers or those who have closed accounts within the past 6 months.
- Referral form and/or online input of referral source serves as a one-time waiver of privacy rights detailed in the CIBM Bank privacy policy as the referral source and referred will be aware of the account opening.
- The form must be presented in branch or referral source information must be included online at the time of account opening.
- A $50.00 bonus will be paid to the existing and referred customers’ accounts at the time of new account opening.
- Existing checking, savings or money market account must be open and have a positive balance in order to receive bonus payment.
- Referral bonuses are unlimited for referring customers.
- Bonus considered interest/income and reportable on IRS Form 1099-INT/MISC.
- Minimum opening deposit of $100.00 required. Accounts closed within 6 months of opening date, subject to a $25.00 early closing fee.
- Offer expires 12/31/2025.
- Employees are not eligible.
- We reserve the right to amend or cancel any part of this offer at any time.
CIBM Bank $250 Checking Bonus (Expired)
CIBM Bank is offering a $250 bonus when you open a new checking account.
- What you’ll get: $250 Bonus
- Eligible account: Checking
- Availability: IL, IN, WI
- Credit Inquiry: Soft Pull
- Direct Deposit Required: No
- Monthly Fee: $0-$7; waivable
- How to earn it:
- Choose High Performance, Acceleration, or Classic Checking
- Open your account by December 31, 2023
- Enter promo code GET2502023 during account opening
- Complete 10 debit card transactions per month
- Your bonus will be deposited into your account
(Expires 12/31/2023)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Offer available on new accounts opened between 7/1/23 and 12/31/23 and limited to one per customer.
- Offer not available for existing CIBM Bank personal checking account holders or those who have closed a CIBM Bank personal checking account within the past 6 months.
- Promo code GET2502023 must be used at time of account opening.
- To qualify for the bonus, the new account holder must complete 10 debit card transactions per month in each of the first two full calendar months following the month of account opening.
- Transactions may take one or more business days from the date transaction was made to post and clear the account.
- The bonus will be paid within 120 days of account opening provided debit card transaction requirements have been met.
- Account must be open and have a balance greater than zero when the bonus is paid.
- Maximum bonus per account $250.
- Cash bonus considered interest/income and reportable on IRS Form 1099-INT or 1099-MISC.
- Minimum opening deposit of $100 required.
- Accounts closed within 6 months of opening date subject to a $25.00 early closing fee.
- We reserve the right to amend or cancel any part of this offer at any time
CIBM Bank $250 Checking Bonus (Expired)
CIBM Bank is offering a $250 bonus when you open a new checking account.
- What you’ll get: $250 Bonus
- Eligible account: High Performance, Acceleration, or Alternative Checking
- Availability: IL, IN, WI
- Credit Inquiry: Soft Pull
- Direct Deposit Required: Yes
- Monthly Fee: $0-$7; waivable
- How to earn it:
- Choose High Performance, Acceleration, or Classic Checking
- Open your account by February 28, 2021
- Enter promo code OAQTR12021 during account opening
- Use ClickSWITCH to move your direct deposit at the time of account opening
- Your bonus will be deposited into your account
(Offer expires May 31, 2021)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
Fine Print
- Offer not available for existing CIBM Bank personal checking account holders or those who have closed a CIBM Bank personal checking account within the past 6 months.
- Promo code IHSPRING2021 must be used at time of account opening.
- To qualify for the bonus, the new account must receive direct deposit(s) of at least $500.00 from qualifying source(s) during June 2021.
- Qualifying direct deposits are electronic deposits of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government.
How To Waive Monthly Fees
- High Performance Checking: $7, waived if minimum monthly monthly or average daily balance is maintained.
- Acceleration Checking: None
- Classic Checking: None
- Alternative Checking: $10
- Basic Business Checking: $7.50
- Premier Business Checking: Based on activity
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Conclusion
This is the current bonus offer from CIBM Bank. If you were looking to make the switch to this bank, the bonuses offered are great. Be sure to take advantage if this account interests you!
While they have generous bonuses, CIBM Bank have great rates for CDs and Savings, so check our best rates for Savings, Money Market, and CD accounts.
If you’re not local to any of the above states, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
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