Check out the latest Midwest Bank bonuses, promotions, and offers here.
Update 5/9/24: The $200 checking bonus offer is back through 12/31/24.
Midwest Bank Bonuses Review
Midwest Bank is headquartered in Pierce, Nebraska and was founded in 1882. Since then they have grown to 11 locations and they boast an A+ health rating.
I’ll go over the Midwest Bank offers below.
Midwest Bank $200 Checking Bonus
- What you’ll get: $200 Bonus
- Eligible account: Checking Account
- Where it’s available: NE (Bank Locator)
- Credit Inquiry: Unknown
- Direct Deposit Required: Yes
- Monthly Fee: None
- How to earn it:
- Open new checking account
- Receive one ACH deposit of $500 or more in each of the first 3 months of the account being open
- $200 bonus will appear as interest income on current year 1099-INT statement.
(Expires 12/31/2024)
Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- $200 will be deposited after 90 days of account opening if the account has received one ACH deposit of $500 or more in each of the first 3 months of the account being open.
- $200 will appear as interest income on current year 1099-INT statement.
- $100 minimum deposit required to open the account.
- Offer expires December 31, 2024.
- Annual Percentage Yield (APY). 1Per monthly statement cycle. If account fails to meet the monthly deposit and point of sales requirements, the APY is 0.25%. 2 Does not include ATM transactions.
- eStatements are standard for this product.
- Paper statement fee is $5.00. $5.00 monthly dormant fee if account has no activity for 6 months and balance in account is less than $100; cannot be combined with any other promotional offers.
- Account offered to Consumers and Trusts only.
- Limit one account per primary account owner.
- Rates subject to change; current as of 3/1/2024.
How To Waive Monthly Fees
- MY DESIGN PLUS CHECKING: None
- Midwest Savings: Service Charge ($5) waived with a balance over $100
- Premier Money Market: Service Charge ($10) waived with a balance over $5,000
- Health Savings Account: Service Charge ($5) waived with balance over $100
- Free Basic Business: None
- Business Analysis Checking: $6
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Conclusion
If you live near a branch, I recommend checking out this bonus to earn a pretty great bonus. The requirements are rather simple, and if it triggers a soft pull then this bonus is fantastic.
I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.
If you are not eligible for these promotions, 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.
Feel free to comment on this post with any questions you may have about Midwest Bank, their accounts they offer, or coupon codes.
Check back often for more Midwest Bank Bonuses, Promotions, or Offers!