Get this latest Northwest Bank bonuses, promotions, and offers today.
Currently, Northwest Bank is offering up to a $100 bonuses when you open a checking account and meet all the requirements.
Update 4/9/24: The offer is back but the limited time offer has been reduced back to $100 (from $155). Overall easy bonus to earn with no direct deposit requirement.
Northwest Bank Bonuses Review
Northwest Bank is headquartered in Iowa but is also found in Nebraska, Minnesota, and South Dakota. It was established in 1988 and has 20 locations. Another thing to note is that this bank has an A health rating.
I’ll go over all Northwest Bank offers below.
Northwest Bank $100 Checking Bonus
- What you’ll get: $100 Bonus
- Eligible account: Checking Account
- Where it’s available: IA, NE, MN, SD (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required: Optional
- Monthly Fee: None
- How to earn it:
- Open a new Northwest Bank Checking account
- Pick a minimum of 4 new products or services to add to your new checking account.
- Set-Up a New Account Alert
- Set-Up a New Debit Card Alert in Card Secure
- New Enrollment in eStatements
- Add a New Debit Card to Your Mobile Wallet
- Set-Up a New Automatic Payment
- Set-Up a New Auto Transfer Between Your NB Accounts
- New Application for Northwest Bank Credit Card
- Sign-Up for Round-Up and Make the Change
- New Enrollment in BillPay
- New Enrollment in Credit Sense
- New Enrollment in Zelle®
- Like Us Twice! Like & Follow Us on Social Media
- Deposit into your NB Checking Account at our Live Banker ATM
- New Quote from Northwest Insurance Services
- Sign-Up for our eNewsletter – Compass Brief
(Limited time offer)
Editor’s Note: Here’s an alternative link to the offer.
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- $100 Cash Deposit: Not available with any other cash back offer.
- Cash incentive is only available when you meet with a Northwest Bank Personal Banker and select 4 new products or services from the available list.
- Northwest Bank qualifying checking account is required.
- Qualifying accounts include Compass Free, Compass Digital, Compass Cash, Compass Rewards and Compass Relationship.
- The $100 incentive received is required to be deposited into your Northwest Bank qualified checking account.
- If you received the $100 bonus offer as a result of opening a new checking account, see below details on minimum balance to open, Annual Percentage Yield (APY), and minimum requirements to acquire APY.
- Additional details available upon request.
(Expired) Northwest Bank $200 Checking Bonus
Northwest Bank is offering a $200 bonus when you open a new qualifying checking account at the Ames Branch.
- What you’ll get: $200 Bonus
- Eligible account: Checking Account
- Where it’s available: IA
- Direct Deposit Required: Optional
- Monthly Fee: None
- How to earn it:
(Limited time offer)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
Fine Print
- Open a new Northwest Bank checking account today and RECEIVE A $100!
- Bundle your finances with great products and services and RECEIVE ANOTHER $100 just by banking with them!
- Initial deposit must be new money.
- Northwest Bank Compass Free Account not eligible.
- All other account requirements must be met. Contact a banker for more details.
- Northwest Bank checking account is required.
- A minimum opening balance of $10 is required to receive either cash bonus; bonus will be deposited into your Northwest Bank personal checking account within 7 business days of account opening.
- Not available with any other cashback offer.
Northwest Bank $100 Checking Bonus (Expired)
Northwest Bank is offering a $100 bonus when you open a new qualifying checking account.
- What you’ll get: $100 Bonus
- Eligible account: Checking Account
- Where it’s available: IA, NE, MN, SD
- Direct Deposit Required: Optional
- Monthly Fee: None
- How to earn it:
- Open a Checking account from Northwest Bank
- Complete the minimum opening deposit
- Select 4 new products or services from the available list
- Keep the account open and in good-standing for 90 days
(Limited time offer)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- $155 Cash Deposit Available March 11 – April 5, 2024: Not available with any other cash back offer.
- Cash incentive is only available when you meet with a Northwest Bank Personal Banker and select 4 new products or services from the available list.
- Northwest Bank qualifying checking account is required.
- Qualifying accounts include Compass Free, Compass Digital, Compass Cash, Compass Rewards and Compass Relationship.
- The $155 incentive received is required to be deposited into your Northwest Bank qualified checking account.
- If you received the $155 bonus offer as a result of opening a new checking account, see below details on minimum balance to open, Annual Percentage Yield (APY), and minimum requirements to acquire APY.
- Additional details available upon request.
(Expired) Northwest Bank $200 Checking Bonus
Northwest Bank is offering a $200 bonus when you open a new qualifying checking account.
- What you’ll get: $200 Bonus
- Eligible account: Checking Account
- Where it’s available: IA, NE, MN, SD
- Direct Deposit Required: Optional
- Monthly Fee: None
- How to earn it:
- Open a Checking account from Northwest Bank
- Pick a minimum of 4 new products or services to get started with below.
- Refer-a-Friend
- Set-up Two ACH Payments
- Open a Saving Account/CD
- Set-up a meeting with a Wealth Advisor
- Apply for a Consumer Loan
- Enroll in Credit Sense
- Set-up Direct Deposit
- Mobile Deposit $5
- “Like Us Twice” (Facebook, LinkedIn, Twitter, Instagram)
- Apply for a Northwest Bank Credit Card
- Apply for Home Equity Line of Credit
- Get a free Insurance Quote
(Limited time offer)
| Chase Business Checking ($300 or $500 Bonus) | Axos Business Premium Savings ($375 Bonus) |
| Axos Bank Basic Business Checking ($400 Bonus) | Axos Bank Business Interest Checking ($400 Bonus) |
| Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
| Bluevine Business Checking ($300 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| U.S. Bank Business Checking ( $500 or $900 Bonus) | |
Fine Print
- Initial deposit must be new money
- Northwest Bank Compass Free Account not eligible
- All other account requirements must be met
- Contact a banker for more details
- An additional $100 bonus is available when you meet with a Northwest Bank Personal Banker and select 4 new products or services from the available list
- Northwest Bank checking account is required
- A minimum opening balance of $10 is required to receive either cash bonus; bonus will be deposited into your Northwest Bank personal checking account within 7 business days of account opening
- If you received the $100 bonus as a result of opening a new checking account, your new checking account is subject to an early account closing fee of $50
How To Waive Monthly Fees
- Compass Rewards Account: None
- Compass Cash Account: None
- Compass Relationship Account: $10 monthly fee, waivable with $50,000 total consumer relationship
a combination of your personal deposit and loan accounts each statement cycle. - Compass Digital Account: None
- Compass Free Account: None
- Commercial Analysis: Varies based on use
- Commercial Analysis w/ Interest: Varies based on use
- Choice: $10.00 monthly fee, waived when daily balance of $2,500 is maintained in the account or when a combined balance of $25,000 in deposits and loans with Northwest Bank is maintained.
- Simple: $7.50 monthly fee, waived when daily balance of $500 is maintained in the account or when a combined balance of $10,000 in deposits and loans with Northwest Bank is maintained.
- Community: $7.50 monthly fee, waived when daily balance of $500 is maintained.
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Conclusion
If you were already interested in this bank and looking to make the switch, you should take advantage of this offer. However, if you are just looking for a nice sign up bonus I wouldn’t recommend this one. Even though it’s a soft pull, the bonus amount is nothing to go out of your way for.
Northwest Bank rates aren’t that great compared to online banks, so be sure to check our best rates Savings, Money Market, and CD accounts.
If you’re not a resident in one 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.
Feel free to leave a comment below informing us about your experience with Northwest Bank.
Check back often for more Northwest Bank Bonuses, Promotions, or Offers!
