Deal has expired, view the best current checking bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: In branch, possibly only Sioux Falls branch? They have branches in IA, MN & SD.
- Direct deposit required: None
- Additional requirements: Bring in coupon
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: $3.95
- Early account termination fee: Unknown
- Household limit: One
- Expiration date: December 31st, 2018
Contents
The Offer
- Bank Midwest is offering a bonus of $100 when you open a new Select, Great Rewards or Business Checking. You must bring a coupon in (downloadable from the linked page)
The Fine Print
- Offer available for new Bank Midwest checking account customers (those without current checking accounts with us) when opening a Select, Great Rewards or Business Checking account.
- Bring in this coupon and we’ll deposit the first $100 into your new account.
- The $100 will be reported on Form 1099-INT for tax purposes.
- Subject to account approval.
- Limit one per household.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
I only see great rewards checking as an option on the website. That has a $3.95 monthly fee. Fee is reduced $0.30 for every debit card purchase or when you carry a daily balance of $10,000 or more.
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if any early account termination fee is charged
Our Verdict
Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times

