You can earn a $400 Checking Bonus when you open any personal Checking account with First Merchant Bank.
To qualify for the bonus, simply
- Earn $50 for opening a new Carefree Checking Account or Simple Access Account
- Earn $150 for opening a new Advantage Checking Account or First Direct Checking Account
- Earn $400 for opening a new Elite Checking Account, and by completing 15 transactions and one direct deposit of at least $500 within 60 days of account opening.
- Stop by a Banking Center near you or open an account online using promo code BANKOFFERS.
First Merchant Bank $400 Checking Account Bonus

First Merchant Bank $400 Checking Bonus
- Account Type: First Direct, Elite, Advantage, Carefree, or Simple Access Checking Account
- Availability: IN, IL, OH
- Direct Deposit Requirement: Yes
- Hard/Soft Pull: Soft Pull
- Chex Systems: Yes
- Opening Deposit: $100
- Credit Card Funding: None
- Monthly Fee: Can be waived, see below
- Early Termination Fee: Unknown
- Household Limit: 1
(Offer Expires June 30, 2022)
Fine Print
- Get up to $400 for opening a new First Merchants checking account.
- Earn $50 for opening a new Carefree Checking Account or Simple Access Account, or earn $150 for opening a new Advantage Checking Account or First Direct Checking Account, or earn $400 for opening a new Elite Checking Account, and by completing 15 transactions and one direct deposit of at least $500 within 60 days of account opening.
- A qualifying direct deposit is an electronic credit to your account by your employer or an outside agency.
- Transfers from one account to another, or deposits made at a banking location or ATM, do not qualify as a direct deposit.
- Offer valid for new First Merchants personal checking accounts opened from February 15, 2022 through June 30, 2022.
- Enrollment in the promotion is required.
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Bottom Line
At First Merchant Bank, you’ll be able to find the checking account that fits your life.
Be sure to check out our latest First Merchant Bank Promotions or check out our full list of bank promotions to keep updated on amazing offers!

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