This offer has expired, you can view all checking bonuses which haven’t expired here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: Must live in the MidWestOne footprint, which is only in Iowa
- Direct deposit required: Optional, see below
- Additional requirements: eStatements, 10 debit card transactions & bill pay or direct deposit
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Account must stay open until August 20th, 2015 to receive bonus
- Expiration date: June 30th, 2015
The Offer
- Receive a sign up bonus of $100 when open a Power Checking account and qualify for the Power Rate. To qualify for the Power Rate you must do the following:
- Receive monthly Online Secure eStatements
- Have at least 10 check card transactions post and clear (excludes ATM and PIN-based transactions)
- Have at least one direct deposit, automatic debit from a third party, or an online bill payment transaction post and clear
The Fine Print
- Offer available and valid only for a new Power Checking account
- Offer not available to existing MidWestOne Bank customers with an open checking account as of May 30, 2015
- Must met all of the requirements at least one qualification cycle by August 20, 2015
- Limit one bonus per household
- Bonus will be paid to the open checking account in good standing between August 21 and August 28, 2015
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
There are no monthly fees for this account, you’ll need need to keep the account open until August 20th, 2015 to receive the bonus.
Our Verdict
The main upside to this bonus is that a direct deposit is not required to receive the bonus, the downside is that we don’t know if it’s a hard or soft pull to open and whether you can fund with a credit card or not. If you have any experience with this bank/bonus, please share it in the comments below. As always you can find the best bank bonuses here and a full listing of all bonuses here.
Direct link to offer | Screenshot of offer
Hat tip to Maximizing Money
William Charles New mailers sent out. Got mine in MN. Expires 2018-06-30
https://imgur.com/a/91IS8mQ
No CC funding available. Only checking/savings. Also it states that initial deposit must post on or before 6/30 to be eligible for the offer so today is really the last day to even attempt signing up.