Here’s our updated list about Northwest Bank promotions, bonuses, and offers.
Currently, they are offering up to a $100 and $200 bonus when you open a Checking Account and meet all the requirements.
Table of Contents
About Northwest Bank Promotions
As a family-owned bank, Northwest Bank values the tradition of respecting their neighbor. Based in Spencer, Iowa, they are committed to ensuring the well-being of their customers as well as their employees. If you do not live near any of their available branches, you can see all nationwide bank bonuses for more suitable offers.
- Availability: IA, NE, MN, SD (Bank Locator)
- Credit Inquiry: Soft
- ChexSystem: Unknown
- Credit Card Funding: Cannot fund with credit card
While they have a generous bonus, Northwest 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 Northwest Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
I’ll review the Northwest Bank Promotions below.
Northwest Bank $100 Checking Bonus
Earn a $100 Checking Bonus with Northwest Bank
Northwest Bank is offering a $100 bonus when you open a new qualifying checking account.
- What you’ll get: $100 bonus
- Account Type: Checking Account
- Availability: IA, NE, MN, SD
(No Expiration Date)
| You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $1500 Cash Bonus), Chase Total Checking® ($200 bonus), U.S. Bank Checking ($400 bonus), and Aspiration Spend & Save Account ($150 bonus). |
How To Earn Bonus
- Open a new Northwest Bank Checking account
- Pick a minimum of 4 new products or services to add to your new checking account.
- Refer-a-Friend
- Set-up Two ACH Payments
- Open a Saving Account/CD
- Set-up a meeting with a Wealth Advisor
- Apply for a Consumer Loan
- Enroll in Credit Sense
- Set-up Direct Deposit
- Mobile Deposit $5
- “Like Us Twice” (Facebook, LinkedIn, Twitter, Instagram)
- Apply for a Northwest Bank Credit Card
- Apply for Home Equity Line of Credit
- Get a free Insurance Quote
- Not available with any other cash back offer.
- The cash incentive is only available when you meet with a Northwest Bank Personal Banker and select 4 new products or services from the available list.
- Northwest Bank checking account is required.
- The minimum opening balance of $10 is required to receive the bonus; bonus will be deposited into your Northwest Checking account within 7 business days of completing your banker meeting.
- If you received the $100 bonus offer as a result of opening a new checking account, your new checking account is subject to an early account closing fee of $50 (if you close your new account within 90 days of account opening).
Northwest Bank $200 Checking Bonus *Ames*
Receive the $200 bonus with a new checking account at the new Ames Branch.
Northwest Bank is offering a $200 bonus when you open a new qualifying checking account at the new Ames Branch.
- What you’ll get: $200 bonus
- Account Type: Checking Account
- Availability: IA, NE, MN, SD
(No Expiration Listed)
| You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $1500 Cash Bonus), Chase Total Checking® ($200 bonus), U.S. Bank Checking ($400 bonus), and Aspiration Spend & Save Account ($150 bonus). |
How To Earn Bonus
- Open a new Northwest Bank checking account today and RECEIVE A $100!
- Bundle your finances with great products and services and RECEIVE ANOTHER $100 just by banking with them!
- Initial deposit must be new money.
- Northwest Bank Compass Free Account not eligible.
- All other account requirements must be met. Contact a banker for more details.
- Northwest Bank checking account is required.
- A minimum opening balance of $10 is required to receive either cash bonus; bonus will be deposited into your Northwest Bank personal checking account within 7 business days of account opening.
- Not available with any other cashback offer.
Northwest Bank $200 Checking Bonus (Expired)
Receive the $200 bonus with a new checking account.
Northwest Bank is offering a $200 bonus when you open a new qualifying checking account.
- What you’ll get: $200 bonus
- Account Type: Checking Account
- Availability: IA, NE, MN, SD
(Expires August 14, 2020)
| You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $1500 Cash Bonus), Chase Total Checking® ($200 bonus), U.S. Bank Checking ($400 bonus), and Aspiration Spend & Save Account ($150 bonus). |
How To Earn Bonus
- A one-time $100 bonus is available for consumers who open a new Northwest Bank personal checking account with an initial deposit of $1,000 or more within 7 business days of account opening.
- The initial deposit must be new money.
- An additional $100 bonus is available when you meet with a Northwest Bank Personal Banker and select 4 new products or services from the available list.
- Northwest Bank checking account is required.
- A minimum opening balance of $10 is required to receive either cash bonus; bonus will be deposited into your Northwest Bank personal checking account within 7 business days of account opening.
- One bonus per qualifying account.
- Accounts must be opened on or before 8/14/2020.
- Not available with any other cashback offer.
How To Waive Monthly Fees
- Compass Rewards Account: None
- Compass Cash Account: None
- Compass Relationship Account: $10 monthly fee, waivable with $50,000 total consumer relationship
a combination of your personal deposit and loan accounts each statement cycle. - Compass Digital Account: None
- Compass Free Account: None
- Commercial Analysis: Varies based on use
- Commercial Analysis w/ Interest: Varies based on use
- Choice: $10.00 monthly fee, waived when daily balance of $2,500 is maintained in the account or when a combined balance of $25,000 in deposits and loans with Northwest Bank is maintained.
- Simple: $7.50 monthly fee, waived when daily balance of $500 is maintained in the account or when a combined balance of $10,000 in deposits and loans with Northwest Bank is maintained.
- Community: $7.50 monthly fee, waived when daily balance of $500 is maintained.
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Bottom Line
This deal at Northwest Bank is great because it is a soft pull meaning that it won’t hurt your credit score. I recommend opening any other account other than the Compass Relationship account to avoid paying any monthly service fees.
Your feedback is highly appreciated and makes our site even better! If you have more information about Northwest Bank please leave a comment below.
*Check back at this page for updated Northwest Bank promotions, bonuses and offers.
Opened the bazing account, no hard pull in my experience!