Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $250
- Availability:OH, MI, IN and PA
- Direct deposit required:Â Yes, $100+
- Additional requirements:Â See below
- Hard/soft pull: Soft pull, make sure to opt out of overdraft protection
- ChexSystems: Unknown
- Credit card funding: Up to $500
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â One
- Expiration date:Â March 31, 2021
Contents
The Offer
- Premier Bank is offering a bonus of $250 when you a new checking account. Promo code is SMILE. Bonus is broken down as follows:
- Receive $50.00 for the completion of 10 debit card Point-of-Sale transactions ($10.00 minimum)
- Receive $50.00 for the completion of a People Pay transaction ($10.00 minimum)
- Receive $50.00 for the completion of a Mobile Deposit transaction ($10.00 minimum)
- Receive $50.00 for the completion of a Bill Pay transaction ($10.00 minimum)
- Receive $50.00 for the completion of Direct Deposits ($100 total minimum)
The Fine Print
- Your use of Premier Bank Mobile Banking services are governed by the Terms and Conditions document given during enrollment.
- Offer valid for new customers opening a checking account, does not include Access Banking account.
- Receive $50.00 for the completion of 10 debit card Point-of-Sale transactions ($10.00 minimum) within 45 days of account opening.
- Receive $50.00 for the completion of a people pay transaction ($10.00 minimum) in 45 days account of account opening.
- Receive $50.00 for the completion of a mobile deposit transaction ($10.00minimum) in 45 days account of account opening.
- Receive $50.00 for the completion of a bill pay transaction ($10.00minimum) in 45 days account of account opening.
- Receive $50.00 with a minimum direct deposits equaling $100 for the first 45 days of account opening.
- Incentives will be deposited into your new checking account 90 days after account opening and after the completion of the corresponding requirements.
- Offer not available to existing Premier Bank checking account customers, those with a Premier Bank checking account closed within the past twelve (12) months, and employees of Premier Financial Corp. and their immediate family members living in the same household.
- May not be combined with any other offer, and only one offer valid per person per calendar year.
- Subject to change without notification.
- One offer per household.
- Minimum $50.00 deposit to open.
- Offer valid from 2/01/21 – 3/31/21.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Simple checking account has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is an early account termination fee.
Our Verdict
This is a different bank to the Premier Bank in Iowa. A lot of requirements for the full bonus, if anybody goes this bonus then share your experiences in the comments below.
Hat tip to reader Scott S
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
DP
2/16 – $50 opening funding.
2/17 – $50 mobile Deposit
2/18 – $10 PeoplePay to PayPal P2
2/18 – $10 BillPay
2/25 – $100 Deposit Alliant
3/5 – $10 x 10 Debit card Amazon
4/7 – $250 Bonus
Same Dp for P2, HH limit not enforced and within footprint.

mothman69
Hmm, I haven’t received mine yet with very similar timelines. I did Cash App loads though.
I also haven’t got my bonus yet either with a 02/19 opening funding posted.
P1 and P2 both posted $250 bonus today. I only did $1.00 Amazon reloads for reference.
Were you able to bypass the 1 per household rule? And what did you use for DD? Details details
Well I can speak to it. I used a directional on my P2 address but going to check the address after Acc was opened it didn’t take. So I assume it’s simply not enforced.
I setup a real DD through my employer which was supposed to post yesterday in the account,, but still hasn’t shown up as of this morning. I’m wondering if they emailed me the wrong account number, ugh this is going to be a mess to sort through.
does anyone know if the $10 minimum on the debits is total or per transaction?
I did 10 per debit transaction to be safe. Not worth being that DP down the line.
Any clue on when the bonuses should actually post?
No clue. Worst case 90 days from opening per terms.
Good news…$10 Cash App reload using the debit card codes as POS PURCHASE.
So when I see check card purchases it won’t count?
Okay I see POS now, its in the description: ” POS PURCHASE POS PURCHASE TERMINAL 00000101 AMAZON.COM*” I might of been looking at a different bank LOL
Did anyone not get their Debit cards? Opened 2/16
Just received sunflower banks debit card and it was opened after this one.
Opened 02/15 and just received mine in the mail today.
FYI, Sunflower Bank just added new language to their offer…
“And when you open your first personal checking account with us, it means enjoying our $200* Welcome Offer. (Accounts opened online do not qualify for this offer)”
They just added the “accounts opened online don’t qualify for the $200 offer” abit underhanded if you ask me because I opened the account 4 days before these words were added.
Yea I got in before the new language too. But this is about the Premier Bank, I still didn’t get the debit card. I may have gotten the pin.
Update: Received 3/1 Debit Pin but no card yet. Sent SM today asking if it was mailed i assume it has been because I got the pin.
I received checks and I swore I said NO and they charged my account!
Debit card came today, and the check fee might of been an error on my end but they took care of it.
How did they take care of it? I tried calling them and they are saying it’s a 3rd party charge
I also received the checks and got charged for these. I don’t remember ordering them either.
Is anyone else having issues finding your full account number to link external accounts?
I used the account number given at the end of the application when you are approved. If that isn’t saved, i think you would have to call, I didnt see it in the online banking.
*edit (sorry wrong bank originally)*
I called them and they reluctantly emailed it to me.
I called them and they *refused* to email it to me, saying I either had to come in to a branch to get it or wait for a statement to cut.
I found another way to get it though — go to “reorder checks” in online banking — when you bridge to their check selling website it will autofill with your account and routing number!
I ended up getting this without issue via SM
Chex-sensitive
Silly Question, I noticed it said you need to add the promotion to the application, like copy and paste the info. However there wasn’t a box to comment the promotion, am I the only one worried that either i missed a step or something?
They wrote back via SM that the promo was on the account.