Learn about MidWest One Bank Power Checking account here.
Available nationwide, MidWest One Bank is offering a staggering 2.25% APY with a maximum balance of $25,000 on their Power Checking Account.
About MidWest One Bank Power Checking
MidWest One Bank is headquartered in Iowa City, Iowa and was established in 1934. Since then they have grown to 58 locations and boast an A health rating,
Continue on to learn more about the MidWest One Bank Power Checking Account below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Bank or CIT Bank.
MidWest One Bank Power Checking Rate
Residents nationwide can earn the industry leading rate on balances up to $25,000. With no minimum deposit, you will be able to enjoy the rate to its full potential!
- What you’ll get: 2.25% – IA, Southwest WI or 1.50% – CA, FL, MN, Western WI
- Eligible Accounts: Power Checking Account
- Credit Inquiry: Unknown
- Where it’s available: CA, FL, IA, WI
- Opening Deposit: $100
- Credit Card Funding: Unknown
- Monthly fee: None
(FDIC Insured)
American Express Personal Savings Account - You earn 1.30% interest rate along with no minimum deposits or monthly fees. Amex Personal Savings has been my favorite Hub account for the past 5 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why: *No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account. *1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two. *No loss of interest during transfers - On the day you initiate your transaction on the Personal Savings website, the funds will be reflected in your Current Balance and begin earning interest. Some other features from American Express Personal Savings include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month. |
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Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Comenity Direct Savings and HSBC Direct Savings accounts offer great rates available nationwide which I recommend. |
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| PROMOTIONAL LINK | RATE | REVIEW |
| UFB Direct High Yield Savings | 1.51% APY | Review |
| CIT Bank Money Market | 1.30% APY | Review |
| Simple | 1.40% APY | Review |
| American Express High Yield Savings | 1.30% APY | Review |
| CIT Bank Savings Builder | 1.25% APY | Review |
| Huntington Bank Relationship Money Market Account | 1.25% APY | Review |
| Discover Bank Online Savings | 1.15% APY | Review |
How To Earn Up to 2.25% APY Rate
- Open a Power Checking Account with a $100 opening deposit
- Maintain account balance below $25,000
| Balance Requirement | APY Rate |
| $0 – $25,000 | 2.25% |
| $25,000+ | 0.10% |
| Not Met Qualifications | 0.05% |
Account Features
- eStatements
- Online and Mobile Banking
- Online Bill Pay
- Standard Debit Card
- Overdraft Protection
- FDIC Insured
Bottom Line
Make sure you check out MidWest One Bank to learn more about the 2.25% APY promotion on their Power Checking Account. Remember that if your balance is over $25,000, then you will not receive the full benefits of the rewards checking account. Take advantage of this wonderful promotion before it ends!
Lastly, let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Rewards Checking!
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