Find the latest MidWestOne Bank promotions, bonuses, and offers here.
Currently, they have a $150 and $225 checking bonus.
Table of Contents
About MidWestOne Bank Promotions
Summerwill founded Iowa State Bank & Trust in 1934. While the name of the bank has changed to MidWestOne Bank, we still operate under the same charter and are headquartered in the same location in downtown Iowa City If you aren’t a resident in the area, take a look at our nationwide list of the best bank bonuses.
- Availability: CO, FL, MN, WI (Bank Locator)
- Routing Number: 073901233
- Customer Service: 800-247-4418
MidWestOne Bank can offer you fantastic resources to better your banking experience, however, they do not provide very competitive Savings and CD rates. Take advantage of our full list of Bank Rates and CD Rates to get the best deal for you!
MidWestOne Bank $225 Checking Bonus
Earn up to $225 with this account.
Earn up to a $225 bonus from MidWestOne Bank when you open a new Checking account and complete the requirements.
- Account Type: Power Checking
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Opening Deposit: None listed
- Credit Card Funding: Up to $2,000
- Direct Deposit Requirement: Yes, $2,500
- Monthly Fee: None
- Household Limit: None listed
- Closing Account Fee: None listed, check with CSR for more information
(Expires 12/31/2020)
Additionally, you may want to compare this offer to a Chase Total Checking ($200 Bonus), HSBC Premier Checking ($450 Bonus), Huntington 25 Checking ($500 Bonus), TD Bank Beyond Checking ($300 Bonus) as well as the BBVA Online Checking & Savings (Up To $250).
How To Earn The $225 Checking Bonus
- Power Checking account must be opened online using or redeemed in-person by presenting mailer at time of account opening.
- You will receive the $225 deposit into your Power Checking account within 15 business days once you have qualified for Power Checking rewards in one of the first three Power Checking statement cycles after account opening.
- Power Checking Qualifications:
- Have at least one direct deposit, automatic debit from a third party, or Online Bill Pay post and clear.
- Receive electronic statements.
- Have at least 15 Debit Card purchases post and clear
- 24/7 Online & Mobile Banking
- Power Savings
- Power Checking
- eStatements
- Visa Debit Card
- Power Checking: There are no monthly service fees
- Limit one per household.
- The “qualification cycle” is the same as the current statement cycle.
- The statement cycle ends on the fourth Wednesday of each month.
- $225 bonus will be forfeited if an account is closed within 6 months of account opening.
- Bonus will be reported to the IRS as miscellaneous income.
- Not valid with any other checking account offer.
- You are not required to open a Power Savings account to qualify for a $225 bonus.
MidWestOne Bank $150 Checking Bonus
Earn a $150 bonus with a new Checking Account.
If you are a part of the MidWestOne Bank and are a part of their Bank at Work program, you can take advantage of a $150 bonus.
- Account Type: Power Checking
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Opening Deposit: None listed
- Credit Card Funding: Up to $2,000
- Direct Deposit Requirement: Yes, $2,500
- Monthly Fee: None
- Household Limit: None listed
- Closing Account Fee: None listed, check with CSR for more information
(Expires 12/31/2020)
Earn The $225 Checking Bonus
- Must be a part of the Bank at Work Program
- You will receive $150 deposit into your Power Checking account within 15 business days once you have qualified for Power Checking rewards in one of the first three Power Checking statement cycles after account opening.
- Power Checking qualifications include:
- Enroll in and receive electronic statements
- Have at least 15 debit card purchases post and clear
- Have at least one direct deposit, auto-debit from a third party, or an online bill payment transaction post and clear.
- 24/7 Online & Mobile Banking
- Power Savings
- Power Checking
- eStatements
- Visa Debit Card
- Power Checking: There are no monthly service fees
- Offer valid for new personal Power Checking accounts only.
- Existing Power Checking accounts are not eligible.
- Limit one per household.
- The $150 bonus will be forfeited if an account is closed within six months of the account opening.
- Bonus will be reported to the IRS.
- Not valid with any other checking account offer.
- You are not required to open a Power Savings account to qualify for a $150 bonus.
- A $100 minimum deposit is required to open Power Checking or Power Savings.
Bottom Line
MidWestOne Bank is a great bank option for new sign-up promotions when available. This bonus is great because they have a soft pull, so your credit score is not affected. The difficult part for some people is to complete the direct deposit requirement.
Feel free to comment below and let us know about how it went. We value your feedback and will continue to keep you posted on the latest bank bonuses found nationwide.
*Check back at this page for updated MidWestOne Bank promotions, bonuses and offers.
The best bank bonuses are updated here. Check the below pages to get started with some of the best offers: • Chase Bank Bonuses. Read about several offers for their Checking, Savings and Business accounts. Chase usually offers the most sign-up bonuses of all the big banks. • HSBC Bank Bonuses. HSBC Bank routinely has offers for several of their Personal Checking and Business Checking accounts. They also have a good referral program. • TD Bank Bonuses. TD Bank consistently offers great Checking account bonuses all year long. Savings account offers are less frequently available. • Huntington Bank Bonuses. Bonus offers for their Checking accounts are only available for limited periods throughout the year. They also have great options for those looking for a free Checking account (no monthly fees). • Discover Bank Bonuses. Discover Bank offers top cashback, savings, money market accounts and CD rates for you to take advantage of. Discover has industry leading selections to cater to your banking needs. |
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