Find the most up-to-date list of First Midwest Bank promotions, bonuses and offers here.
Currently, they have a $500 Business Checking Bonus, $300 Checking Bonus, and a $25 Referral Bonus.
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About First Midwest Bank Promotions
First Midwest Bank is headquartered in Chicago, Illinois. It was established in 1933 and has grown to 117 locations across 3 states: IL, IN, and IA. If you are not in any of these states, check out this list of nationwide bank bonuses for more fitting offers.
- Availability: IL, IN, IA (Bank Locator)
- Routing Number: 071901604
- Customer Service: 800-322-3623
CDs and Savings accounts are a great way to save money. Check out our full list of some of the best Bank Rates and CD Rates nationwide.
I’ll review the current First Midwest Bank offers below.
First Midwest Bank $500 Business Checking Bonus
First Midwest Bank is offering a $500 bonus for opening a new Business Checking Account.
- Account Type: Essential, Essential Plus, or Essential Deluxe Business Checking Account
- Availability: IL, IN, IA, WI
- Direct Deposit Requirement: None
- Hard/Soft Pull: Soft
- ChexSystem: Unknown, let us know.
- Credit Card Funding: Unknown
- Monthly Fee: $15 , avoidable
- Early account termination fee: $15, 12 months
- Household limit: None listed
(Expires November 30, 2021)
| For other business checking accounts, take a look at our Chase Business Checking ($300 Bonus), Huntington Unlimited Plus Business Checking ($750 Bonus), Huntington Unlimited Business Checking ($400 Bonus), as well as the Huntington Business Checking 100 ($200 Bonus). |
How To Earn $500 Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Make at least 15 debit or credit transactions within the first three statement periods.
- Maintain a $2,500 average collected balance for the first three statement periods.
- Check your account balance on Business Express, our Business Online Banking platform, within the first 60 days of account opening
- Free Business Express Online Banking with Bill Pay and Business Mobile Banking, including Mobile Check Deposit
- Free Business Mastercard® debit card with chip technology
- Free transactions at any First Midwest ATM and more than 55,000 Allpoint® ATMs worldwide
- Access to business solutions to help manage your cash flow
- Essential Business Checking: $15 waived if:
- $1,500 in average collected balance
- Essential Business Checking Plus: $20 waived if:
- $5,000 in average collected balance
- Essential Deluxe Business Checking: $75 waived if:
- $75,000 in average combined business deposit accounts
- Once all requirements have been met, $500 credit will be issued as a credit to the account approximately 120 calendar days after account opening. The account must be open with a balance greater than zero on the day of bonus processing to receive the $500 credit. Promotional credit may be subject to IRS 1099-INT form reporting and may be considered taxable as interest income to you. Consult your tax advisor. Other than opening the account and completing listed activities, no purchase is necessary. Limit of one bonus per client, regardless of the number of accounts and includes all entities owned by or associated with client. Thus even if client has multiple accounts or has ownership in one or more entities, only one bonus will be paid to all of these collectively. If multiple accounts are opened with the same signers, only one account will be eligible for the premium. Limit of one bonus per mailing address. Offer is not available to existing First Midwest Business checking clients (including authorized signers on multiple accounts), accounts that have been closed within the past 24 months, business clients who received a promotional bonus in the last 36 months or First Midwest colleagues. This offer is subject to change and may be discontinued at any time. Bonus is not available to local, state, or federal government entities or agencies. Offer available to businesses located within Illinois, Indiana, Iowa, and Wisconsin and must be opened inside the branch only.
First Midwest Bank $25 Referral Bonus
Get a $25 bonus when you refer a friend to First Midwest Bank
First Midwest Bank is offering a $25 bonus when you refer your friends for a new Checking or Savings Account.
- Account Type: Checking or SavingsAccount
- Availability: Offer only available to residents of Illinois, Indiana, Iowa and Wisconsin.
- Direct Deposit Requirement: Yes
- Soft/Hard Pull: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: None
- Monthly Fee: Yes, See below
- Early Account Termination Fee: Not specified
- Household Limit: None listed
(Offer has no expiration date)
| If you're looking for more advanced features for a checking account, you may want to compare this offer to the following: HSBC Premier Checking ($450 Bonus), Huntington 25 Checking ($300 Bonus), PNC Bank Virtual Wallet (Up To $400 Bonus), BMO Harris Premier ($500 bonus), as well as the TD Bank Beyond Checking ($300 Bonus). |
How To Earn $25 Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Fill out the “Tell a Friend” form with proper information
- Give to friend and have them visit a local branch to open an account
- Referral must open a checking, savings, or money market account with $100 minimum opening deposit
- $25 referral bonus will take up to 30 days to show up in your account
- Unlimited surcharge-free access to over 55,000 Allpoint® ATMs worldwide
- Free Online and mobile banking
- Special prices for checks
- Monthly fees can be waived
- Student Checking: No monthly fee
- Easy Checking: $7.49 waived if:
- Maintain $100 average daily balance in Checking
- OR make qualifying deposits totalling $100 or more per statement period
- OR be at least 65 years of age
- Midwest Checking: $12 waived if:
- Maintain a minimum of a $1,000/month Direct Deposit
- OR $2,500 minimum daily ledger balance in Checking
- Diamond Checking: $20 waived if:
- Maintain a Mortgage, Home Equity Loan or Line, First Midwest Financial Network11,12, Personal Trust or Private Banking relationship
- OR $25,000 combined average daily balance in Checking, Savings, Money Market and/or CDs
- Limited time offer.
- May be withdrawn at any time.
- May not be combined with any other offer.
- The person making the referral: must have a personal First Midwest Bank Checking, Savings or Money Market account; (Health Savings Accounts, Investor Reserve Savings Accounts, and IRA Money Market Accounts do not qualify) is limited to one $25 award per referred address; is responsible for all applicable taxes.
- Addresses used in previous Tell-a-Friend referrals are not eligible for this offer.
- $25 may be subject to tax reporting.
- First Midwest Bank employees are not eligible.
- Photocopies of this coupon are not accepted.
- $25 credit may take up to 30 days to appear in account.
(Expired) First Midwest Bank $300 Checking Bonus
First Midwest Bank is offering a $300 bonus for opening a new Checking Account. Just complete the qualifying activities to earn your bonus.
- Account Type: Checking Account
- Availability: Offer only available to residents of Illinois, Indiana, Iowa and Wisconsin.
- Direct Deposit Requirement: No
- Soft/Hard Pull: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: None
- Monthly Fee: Yes, See below
- Early Account Termination Fee: $25 if closed within 12 months
- Household Limit: None listed
(Expires December 18, 2020)
| You can compare this to several great entry level Checking accounts with bonus offers include the Wells Fargo Everyday Checking ($200 bonus), Chase Total Checking® ($225 bonus), Discover Cash Back Debit (up to $360 Bonus), TD Bank Convenience CheckingSM ($150 bonus), PNC Bank Virtual Wallet ($400 bonus), Chase Secure Banking ($100 Bonus), and Aspiration Spend & Save Account ($150 bonus). |
How To Earn $300 Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Open a new checking account and complete the following:
- Make deposits totaling $2,500 or more
- Make 10 debit card transactions of $25 or more
- Enroll in online banking and e-statements
- Check your account balance on our mobile app
- Free transactions at over 55,000 Allpoint ATMs worldwide
- Free transactions at any First Midwest ATM
- eStatements and Online Banking
- Mobile Banking
- 24x7x365 automated Telephone Banking
- Unlimited check writing privileges
- $7.49 Monthly Service Fee
- Can Waive With Any:
- Maintain $100 average daily balance in Checking
- Make qualifying deposits totaling $100 or more per statement period
- Be at least 65 years of age
- Can Waive With Any:
- Once all requirements have been met, a $300 bonus will be issued as a credit to the account approximately 120 calendar days after account opening in branch or online.
- If the account is closed or does not have a balance greater than zero on the day of bonus processing, the $300 credit will not be issued.
- Promotional credit may be subject to IRS 1099-INT form reporting and may be considered taxable as interest income to you.
- Consult your tax advisor. Offer only available to residents of Illinois, Indiana, Iowa, and Wisconsin.
- Offer may be changed or withdrawn at any time without notice.
- Limit of one bonus per client, regardless of the number of accounts opened.
- Offer is not available to existing First Midwest Personal checking clients (either as the primary or joint account holder), accounts that have been closed within the past 6 months, clients who received a promotional bonus in the last 12 months or First Midwest colleagues.
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Bottom Line
These are the current First Midwest Bank promotions and offers. If you would like to leave your contact info below for the referral bonus, feel free. Additionally, the $350 business bonus could be for any small business looking for a checking account!
Feel free to leave a comment below informing us about your experience with First Midwest Bank. Your feedback is highly appreciated and makes our site even better!
*Check back for updated First Midwest Bank promotions, bonuses and offers.
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