Find an updated list of CIBM Bank promotions, bonuses and offers here.
Update 6/3/25: There’s currently a $500 checking bonus valid through 7/31/25 and a $50 referral bonus good through 12/31/25.
About CIBM Bank Promotions
Established in 1921, CIBM Bank values customer service, excellence, and integrity in everything that they do. They have 11 locations throughout Illinois, Indiana and Wisconsin. Central Illinois Bank and Marine Bank are part of the CIBM Bank group.
I’ll review the offers below.
CIBM Bank $500 Checking Bonus
- What you’ll get: $500 bonu
- Account Type: Checking Account
- Availability: IL, IN, WI (Bank Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown (sensitive)
- Credit Card Funding: None
- Monthly Fees: $0-$7, waivable
- Early Account Termination Fee: Six months, $25
- Household Limit: None listed
(Expires 07/31/2025)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Choose the checking account that works for you:
- High Performance Checking
- Acceleration Checking,
- Classic Checking, or
- Open your account at your favorite branch or online with promo code 500FOR2025
- Complete the activities
- $100 when you use your debit card
- $200 for direct deposit
- $200 for $1,000 minimum balance
- Collect your Bonus(es)
- Offer available on new Acceleration, Classic, and High Performance checking accounts opened between 5/5/25 and 7/31/25.
- Offer not available for existing CIBM Bank personal checking account holders or those who have closed a CIBM Bank personal checking account within the past 12 months.
- Promo code 500FOR2025 must be used at time of account opening.
- To qualify for this $100.00 bonus, the new account holder must complete 10 debit card purchases of $10.00 or greater each per month in each of the first five full calendar months following the month of account opening.
- Purchases may take one or more business days from the date transaction was made to post and clear the account.
- ATM withdrawals are not considered purchases, and do not qualify for the purchase requirement.
- To qualify for this $200.00 bonus, the new account holder must receive one or more Qualifying Direct Deposits with a cumulative total of $200.00 or more per month in each of the first five full calendar months following the month of account opening.
- “Qualifying Direct Deposits” are electronic deposits of your paycheck, retirement, or government benefits (such as Social Security) from your employer or the government.
- To qualify for this $200.00, the new account holder must maintain a minimum balance of $1,000.00 in each of the first five calendar months following the month of account opening.
- Customer may receive one, two or all three bonuses, limited to one of each bonus per account and one account per customer.
- Maximum bonus per account $500.00.
- Bonus(es) will be paid within 210 days of account opening provided specific requirements per bonus have been met.
- Account must be open and have a balance greater than zero when the bonus is paid.
- Cash bonus considered interest/income and reportable on IRS Form 1099-INT or 1099-MISC.
- Minimum opening deposit of $100.00 required.
- Accounts closed within 6 months of opening date subject to a $25.00 early closing fee.
- We reserve the right to amend or cancel any part of this offer at any time.
CIBM Bank $50 Referral Bonus
Earn a $50 bonus at CIBM Bank!
CIBM Bank is offering a $50 bonus when you refer a friend who opens a new qualifying checking account.
- What you’ll get: $50 bonus
- Account Type: Checking Account
- Availability: IL, IN, WI
- Direct Deposit Requirement: None
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown (sensitive)
- Credit Card Funding: None
- Monthly Fees: None
- Early Account Termination Fee: Six months, $25
- Household Limit: None listed
(Expires 12/31/2025)
| BMO Smart Money Checking ($400 cash bonus*) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | HSBC Premier Checking (Up to $3,000 Cash Bonus), |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Referred customer must open a new CIBM Bank checking account as the primary owner to qualify for the one-time Refer-A-Friend bonus credit.
- The form must be presented in branch or referral source information must be included online at the time of account opening.
- Minimum opening deposit of $100.00 required.
- A $50.00 bonus will be paid to the existing and referred customers’ accounts at the time of new account opening.
- Referred customer must open a new CIBM Bank checking account as the primary owner to qualify for the one-time Refer-A-Friend bonus credit.
- The new account bonus is not available for existing CIBM Bank customers or those who have closed accounts within the past 6 months.
- Referral form and/or online input of referral source serves as a one-time waiver of privacy rights detailed in the CIBM Bank privacy policy as the referral source and referred will be aware of the account opening.
- The form must be presented in branch or referral source information must be included online at the time of account opening.
- A $50.00 bonus will be paid to the existing and referred customers’ accounts at the time of new account opening.
- Existing checking, savings or money market account must be open and have a positive balance in order to receive bonus payment.
- Referral bonuses are unlimited for referring customers.
- Bonus considered interest/income and reportable on IRS Form 1099-INT/MISC.
- Minimum opening deposit of $100.00 required. Accounts closed within 6 months of opening date, subject to a $25.00 early closing fee.
- Offer expires 12/31/2025.
- Employees are not eligible.
- We reserve the right to amend or cancel any part of this offer at any time.
CIBM Bank $250 Checking Bonus (Expired)
- What you’ll get: $250 bonus
- Account Type: Checking Account
- Availability: IL, IN, WI
- Direct Deposit Requirement: No
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown (sensitive)
- Credit Card Funding: None
- Monthly Fees: $0-$7, waivable
- Early Account Termination Fee: Six months, $25
- Household Limit: None listed
(Expires 12/31/2023)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Choose High Performance, Acceleration, or Classic Checking
- Open your account by December 31, 2023
- Enter promo code GET2502023 during account opening
- Complete 10 debit card transactions per month
- Your bonus will be deposited into your account
- Offer available on new accounts opened between 7/1/23 and 12/31/23 and limited to one per customer.
- Offer not available for existing CIBM Bank personal checking account holders or those who have closed a CIBM Bank personal checking account within the past 6 months.
- Promo code GET2502023 must be used at time of account opening.
- To qualify for the bonus, the new account holder must complete 10 debit card transactions per month in each of the first two full calendar months following the month of account opening.
- Transactions may take one or more business days from the date transaction was made to post and clear the account.
- The bonus will be paid within 120 days of account opening provided debit card transaction requirements have been met.
- Account must be open and have a balance greater than zero when the bonus is paid.
- Maximum bonus per account $250.
- Cash bonus considered interest/income and reportable on IRS Form 1099-INT or 1099-MISC.
- Minimum opening deposit of $100 required.
- Accounts closed within 6 months of opening date subject to a $25.00 early closing fee.
- We reserve the right to amend or cancel any part of this offer at any time
How To Waive Monthly Fees
- High Performance Checking: $7, waived if minimum monthly or average daily balance is maintained.
- Acceleration Checking: None
- Classic Checking: None
- Alternative Checking: $10
- Basic Business Checking: $7.50
- Premier Business Checking: Based on activity
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Bottom Line
CIBM Bank offers great promotions for you to earn money over time. You can have peace of mind knowing your money is insured by the FDIC.
CIBM Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
*Compare CIBM Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
*Check back at this page for updated CIBM Bank promotions, bonuses and offers.
I think I will go into the bank to take advantage of this bonus. Thanks again James!
Thanks James for all your help. Very informative post.