Posted by William Charles on September 18, 2019
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Published on September 18th, 2019 | by William Charles


[AZ only] MidFirst Bank $300 Checking Promotion – Direct Deposit Not Required

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Available to Arizona residents only
  • Direct deposit required: Optional
  • Additional requirements: See below
  • Hard/soft pull: Soft
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: $6, avoidable
  • Early account termination fee: 90 days, bonus forfeit
  • Household limit: One
  • Expiration date: December 31st, 2019

The Offer

Direct link to offer

  • MidFirst Bank is offering a bonus of $300 when you open a new checking account and complete two of the three following requirements:
    • Set up a $250 minimum direct deposit
    • Complete 10 debit card purchases
    • Complete three Zelle® transactions on the MidFirst Bank Mobile Banking App

The Fine Print

  • To receive the $300 checking offer two of the three requirements below must be completed within 90 days of new account opening:
    • 1) Have direct deposit of $250 or more made to the new account. The direct deposit must be an electronic deposit of the account owner’s paycheck, pension or government benefits (such as Social Security).
    • 2) Complete 10 debit card purchases. Multiple swipes for the same purchase amount at the same merchant do not qualify, and ATM transactions are not eligible.
    • 3) Complete 3 Zelle transactions on the MidFirst Bank Mobile Banking App. Zelle transactions conducted in another banking application are not eligible.
  • Promotional offer available in Arizona only, and is not available to those whose accounts have been closed within one year or closed with a negative balance.
  • Existing MidFirst Bank checking customers are not eligible for the checking offer.
  • Must be age 17 or older.
  • Promotional offer valid for accounts opened 9/1/2019 through 12/31/2019.
  • Promotional offer subject to change without notice and is not valid with any other promotional offers.
  • Account must be open and in good standing to receive an account credit.
  • The applicable credit will be made to the eligible customer’s checking account within 30 calendar days following completion of all requirements.
  • Account credits are considered interest and will be reported on IRS Form 1099-INT (or applicable tax form).
  • One new promotional account per household.
  • Offer must be mentioned at account opening to qualify and all accounts are subject to approval.
  • Go! Checking, Sun Devil Checking, and Sun Devil Solution Checking accounts are not valid for this offer.
  • Account Closing: Accounts closed within 90 days of opening may forfeit the amount equal to the promotional account credit received.
  • Sweepstakes: Terms and conditions apply.
  • Click here today for official rules and alternate entry methods.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The M checking account required for this bonus has a $6 monthly fee, this is waived with a  $250 or more monthly recurring direct deposit or $1,000 minimum average daily balance

Early Account Termination Fee

Account must be kept open for 90 days to avoid any early account termination fee.

Our Verdict

Previous bonuses have been for $200 but this required opening an account in branch. This is a better deal as the account can be opened online and it’s for an extra $100. There is usually a smaller offer for those in OK as well, but I can’t seem to find that currently. In terms of this offer itself, this is a fantastic deal and well worth doing – especially as no direct deposit is required. I’ll be adding this to our list of the best bank account bonuses.

Hat tip to reader Sam L

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This churnable?


Available in parts of OK as well.

Max M


Confirmed this with MidFirst Bank– valid in Stillwater, OK and Tulsa.

Here’s the URL for the Oklahoma offer:


And here is the $200 link to the rest of OK.


Super fast bonus!

9/19 – Applied via OK link.
9/23 – 9/27 – Completed required activities
10/08 – $200 bonus posted! DD has not even posted yet, still In-Process.


Just applied and it said,

“Thank you for your interest in opening a new account.
Unfortunately, we are unable to process your application at this time.

You may call us at 888-643-3477 (option 6)
Monday-Friday 7AM-7PM CT”

I froze my ChexSystems and that’s why. They use the same back-end system as Wintrust Bank, therefore definitely ChexSystem ssensitive. I am very familiar with this bank because they are the official partner with my university, issues student ID cards.


so we can choose any of the 3 checking accounts to qualify?


I don’t see anywhere in the terms where you need to open up the M checking account which has fees. Seems easier to avoid fees by opening the LiveFree checking which is free.

Also, something strange, I noticed it says in the terms: “Offer must be mentioned at account opening to qualify” but it doesn’t have an offer code mentioned anywhere in the application or in the URL. Hmm, seems like an easy way for them to deny us our bonuses…


I just opened the LiveFree checking account and one of the documents you’re required to open and acknowledge you’ve read mentions the $300 bonus and the requirements.


William Charles Any reason you say the M Checking Account is required? As Kevin indicated below he opened up the free account and the bonus terms were included in the paperwork.


Looks like it required the M Checking Account in the past (see previous offer under the verdict), probably copy and pasted – I think you’re clear to use the LiveFree account


No credit card funding. ACH only. Minimum $100.


Denied due to Chex
15 accounts opened in past 6 months (just started churning 6 months ago)


Just a confirmation that I saw a digital billboard in Tempe, AZ today explicitly advertising the LiveFree account for the $300 bonus


Anyone have any experience if household limit is enforced? I assume its limited by address? Also is there any promo code when opening online? How do we confirm promo is being applied?


still waiting on a bank card to show up in the mail.

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