Posted by William Charles on November 20, 2017
Bank Account Bonuses

Published on November 20th, 2017 | by William Charles


[Expired][MO, KS, IL, OK & CO] Commerce Bank $200 Checking & $100 Money Market Bonus – No Requirements

This bonus has expired, but plenty of other great checking bonuses. Click here to view the best ones still active.

Originally posted on September 24th, 2017. Reposting on November 20th, 2017 as the bonus is back. Account does need to be kept open for six months to get bonus now. Hat tip to reader Nathan.

Offer at a glance

  • Maximum bonus amount: $200 for checking + $100 for money market
  • Availability: Missouri, Kansas, Illinois, Oklahoma and Colorado
  • Direct deposit required: No
  • Additional requirements: Account in good standing
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: None
  • Monthly fees: $20 + $6, avoidable
  • Early account termination fee: None
  • Household limit: One
  • Expiration date: July 8th, 2017 September 22nd, 2017 October 6th, 2017 November 30th, 2017

The Offer

Direct link to offer

  • Open a new CommerceRelationship checking account and receive a bonus of $200
  • Open a new Money Market account and receive an additional $100 when you deposit $10,000.



The Fine Print

  • Limited time offer. To receive the $200 and $100 incentives, your CommerceRelationship Checking and Premium Money Market Account or CommerceOptionsSM Premium Money Market Account must be opened by November 30, 2017, and must be in good standing 6 months after opening.
  • Both incentives credited the next month to your CommerceRelationship Checking account.
  • Both incentives will be reported as interest to the IRS. Maximum total incentive $300.
  • Minimum balance requirement of $10,000 in the Money Market Account to receive the $100 incentive.

Avoiding Fees

I wasn’t able to find the fee schedule so unsure if an early account termination fee is charged or not. According to this comment none is charged.

CommerceRelationship Checking $20 Fee

The monthly fee on this account is waived if  you have:

  • $5,000 average daily balance in this account OR
  • $15,000 in combined deposit balances

myRewards Money Market $6 Fee

The monthly fee on this account is waived if  you have:

  • $500 daily balance OR
  • $1,000 average daily balance for the monthly cycle each month OR
  • at least one monthly electronic deposit, including Online Banking transfers, of $25 or more

Our Verdict

This is a fantastic offer and it’s great that the bonus is showing on the landing page now. There is nothing in the fine print that says it’s targeted, so it should be open to everybody. Money Market account requires it to be opened in branch and requires a $10,000 deposit so I don’t think that is worth considering (seems like you’d need to keep $10,000 deposited for four months as well) but the checking bonus is great as it has no real requirements apart from the $5,000 to keep the account fee free. They also offer a credit card of little interest.

I will be adding the checking bonus to our list of the best checking account sign up bonuses.


Big thanks to reader, Chris J who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:

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Just applied app pending no activity on credit reports. No mention of bonus though

Under terms, 1) “You must have your offer code at the time of account opening to qualify for the incentive.”
So is it an unique offer code? or does going to the link give you a code?

Did the reader who sent this in not receive an “offer code” perhaps on the back side of the flyer?

It appears that a offer code is necessary for this promo. It looks like YMMV.

I talked with a bank rep product specialist and asked if they have any on going promotional offers for new clients. She said they recently sent out targeted brochure offers that require the targeted potential clients to take the brochures into branch offices in order to apply for a new account.

So it appears to be targeted.

But.. it says to go to the URL, so applying online should work. Wonder if it’s they have an internal code linked up to the targeted individuals. I want to call and ask more, but trying to follow doc rules of “don’t call the bank”

I applied online and successfully opened a checking and money market account. No mention of bonus anywhere. I sent a secure message asking whether or not the bonus has been applied to the account, given that I used the URL on the flier. I’ll report back when I get a response,

In the worst case scenario, I’ll refer my wife to open an account and we’ll each get a $50 visa gift card.

Is credit card funding an option?

In response to Adam, no credit card funding was allowed (at least via online opening)

No hard pull. Don’t know if they run Chex systems, but if they do, they are not inquiry sensitive.

Hi EO,

Any response from the bank whether you qualify for the bonus?

I have not yet gotten a response to my secure message. Will update as soon as I hear one way or the other.

An update:

I received the following message in response:

“If possible, please provide an offer code number you may have previously received in regard to the incentive offer so that we may forward your information to the appropriate area for additional handling.”

I replied by giving them a copy of the flyer and saying there was no offer code mentioned. (Rest assured, I did not link to this site when I did so.) When I hear back (again), I’ll give another update.

Thanks for the update. This is definitely YMMV.

Let us know if they give you an offer code and process the bonus offer.

Latest update. I received the following in response to my follow-up via secure message:

“We have forwarded your information to the appropriate area for further review. Once a status has been obtained, we will advise you via email.”

I will update once again I receive this promised email.

Anyone successful in confirming the bonus without an offer code?

It seems this bank requires a bonus to qualify for this offer.

Hi EO,

Any success for you or your wife on receiving the bonus?

When I called the bank, I did not refer to the URL link here. I said a friend received an offer in the mail and I inquired if I could receive the same offer.

The trick is to ask the right questions without raising red flags.

I am going to wait out EOs update before proceeding.

At this point, I do not want to add more unnecessary CHEX soft pulls.

The promo code doesn’t look like the unique kind. P08300 P- Promotion, 08- August, 300- $300.

But really, there’s no telling until someone succeeds. Thanks for posting. I’ll hold off ’til more posts.

I couldn’t ​seem to find a state/area restriction. When I enter my zip code, which is outside these areas, it still allows me to proceed.

I noticed this too. Besides the zip code, the state drop down on the application shows all states

Did you apply from out of state? Were you accepted? Did your receive bonus?

Commerce has been my main bank for 11+ years now. was considering leaving them when i moved most of my assets to OldMissouriBank earlier this year. Wish i would’ve now, as i would be 90+ days clear by now.

Commerce is a good bank – they recently redesigned their site, and even offer ACH transfers now (though it costs $0.99 per transfer, IIRC). No ATM network that i’m aware of, though.

The don’t offer good credit cards, except for Drury Inn card, which gives 15000 points for one purchase. Otherwise, i think the most they offer is 1% cashback.

Actually it changed. The visa signature is 1.5x but has to be redeemed in $50 increments. The wemc has annual fee but unlimited 1.5x, and unlimited 3x on dining and travel.

It is refreshing as a person that’s dealt with commerce bank for 3 yrs to see a website redesign and some new bonus offers. But they are very strange with credit increases. You open a new card, they combine the limit from the old one, and then they may completely erase your older card from all credit reports. Big hassle.

interesting. i actually wouldn’t care if they erased my Drury Card from my report, as i used it once for $2.95 (or so).

the $50 redemption increment is dumb. i really dislike cards that do that – it’s why i like the CapOne and discover cards. At least with Amex BCP, you get 6%, so it’s easy to get to $25.

hey – i opened the Commerce visa sig – $150 bonus – and the minimum redemption is now $25 (or 1666 points). It’s pretty sweet, b/c i’ts 0% APR for the first 12mo.

so, i’m gonna MS up to the CL ($14K) and stash it in a high-APY account for 11 mo or so. if you can churn it (I think 3 years is the interval?) look into it.

Wife and I have been getting at least one credit card mailer from Commerce Bank every day. I don’t know what’s so special with us, but 5 mailers a week per person is just ridiculous. No matter what we’ve done to try and stem the tide of mailers they just keep coming.

Hi Ken,

Did you receive a mailler with this promotional offer?

Nope, they only want to give us a credit card. You’d think they’d want us all in, but nope.

That seems to be the trend. Banks want their clients to have their checking, savings, money market, investments, business, and credit card accounts, etc…….with them.

Targeted. Have to get in the mail with a personal code by your name.

7/6 Applied in-branch for RelationshipChecking and myRewards Money Market with standard mailer. Mailer has a promo code on the front which the banking representative kept and will “complete a form” to apply bonus amount. $5000 minimum for checking and $500 for MM; plan to swallow 90 days worth of fees ($78) to get bonus without tying up money.

Called prior to in-branch set-up and representative said that using the URL on the flyer will activate the bonus if you set up the account online (YMMV)

Will check-in when bonus hits in 90 days (10/6).

7/24 18 Days after account opening a Commerce Bank rep gave me a call following a “promotion audit” of my account. The bank auditors had ran my ChexSystems and found 5+ account openings in 30 days. They threatened to close my account if I could not explain the multiple openings as it “exposed the bank to liability.” Said I liked to get the most strategic rates and diversify my holdings; my reasoning was accepted and they said they would follow up if there were additional concerns.

Reached 120 Days (date by which bonus was to post) on 11/4/17: No bonus.
Called 11/6 and 11/13; Rep. said I had met requirements and it would post before next statement (12/6)

Bonus Posted on 11/20! Better late than never.

Doc, Just received this mailer today. Account must be opened by September 22, 2017.

Offer code P08300

Hi Jay,

Does the mailer say you must apply in branch? Or can one apply online for the bonus offer?

I’m not Jay, but according to this:

the Money Market account applications must be in branch.

Thanks for the data. It appears to be a green light for the bonus on the checking account with the above code. Any opinions?

There is no where to put in the offer code on the application. I had to call and put in a request to add it to the application. I am assuming only those who they have record of receiving the mailer will get it, unfortunately.

They probably don’t keep records of that sophistication. At best, they probably know which zipcodes it went to, but I doubt it. Or that the people handling these applications won’t have access to this information.

I’d love to see a confirmation that someone outside the target got the bonus. We don’t live in the KC area, live in MN. However my wife received a targeted mailer for a credit card bonus from this bank, $150, which she was approved for. She might have a case for doing one of these checking accounts but I’d still like to see a positive DP from someone outside the target.

Anyone outside of advertised area get the bonus? Its been a few months since initial post.

Looks like you would need to have the account open 4-5 months before bonus posts thus netting only $100. Not enough incentive for me, or tying $5000 up that long.

CSR says there are no early termination fees

Very helpful CSR said to open online with $100 into checking, once that $100 is deposited, you can open the money market account.

Must maintain $100 per month to get the bonus.

Call 877.737.3733 to make sure promo is attached to your account. They were able to do that for me.

Are you in the targeted area?

Yes. Illinois.

I live in St. Louis, will try this. First checking account bonus. So I need to keep $5k in the checking account until bonus clears, then I can pull all $ and cancel account?

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