Check out the most recent Independent Bank promotions, bonuses, and offers here.
Update 4/4/24: There is a new $200 checking bonus(expires 12/31/24) along with a $50 refer a friend bonus.
About Independent Bank Promotions
For 150 years, Independent Bank has worked hard to earn the business, and the trust, of those across Michigan. With a full range of financial services including commercial banking, mortgage lending, investments, and title services, they’re committed to providing exceptional service and value to their customers, stockholders, and communities.
Independent Bank $200 Checking Bonus
- What you’ll get: $200 bonus
- Account Type: Checking Account
- Availability: MI (Bank Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,000
- Monthly Fees: None
- Early Account Termination Fee: None
- Household Limit: None
(Expires 12/31/2024)
| BMO Relationship Checking ($500 Bonus + $100 digital gift card) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($400 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
How To Earn Bonus
- Open a new checking account by 12/31/2024.
- Earn $100 when you receive 4 or more direct deposit transactions of $50 or more within 90 calendar days of opening your account.
- Earn $100 when you swipe your new debit card 15 times each month for the first 90 calendar days of opening your account.
- Subject to 1099-INT reporting.
- Qualifications must be met within 90 calendar days of account opening to receive bonus.
- Offer paid out within 60 calendar days of qualification.
- Valid for new checking account customers only.
- Cannot be combined with any other offer.
- Account must be in good standing to receive the bonus.
- Account must be opened by December 31, 2024.
Independent Bank $50 Referral Bonus
$50 Referral Bonus
You can earn a $50 referral bonus when you refer a friend, family member, or coworker and meet all requirements.
- What you’ll get: $50 bonus
- Account Type: Checking Account
- Availability: MI (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,000
(Limited time offer)
| BMO Smart Money Checking ($250 cash bonus + $100 digital gift card) | BMO Smart Advantage Checking ($250 bonus + $100 digital gift card) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($400 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
- Get a $50 Mastercard Reward Card when your friend registers, opens a new Independent Bank personal checking account AND completes the following within 60 calendar days of account opening:
- Completes ten (10) debit card transactions (ATM transactions excluded), OR
- Completes at least $100 in direct deposits
- $10 minimum deposit is required for all account openings.
- The new account is subject to standard account opening requirements.
- Rewards are subject to 1099-INT for the referred party and 1099-MISC for the referring party for aggregate awards totaling $600 annually.
- By participating in the ReferLive program, each party may be aware that the other is, or may become, an Independent Bank customer.
Independent Bank $50 Business Referral Bonus
Refer a friend and they can earn a $150 bonus.
You can earn a $50 bonus when you refer a friend and they can receive a $150 bonus.
- What you’ll get: $50 bonus, your friend gets $150
- Account Type: Checking Account
- Availability: MI
(Limited time offer)
| Chase Business Checking ($300 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| U.S. Bank Business Checking ( $400 or $900 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
| Axos Bank Business Interest Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Huntington Business Checking 100 ($200 Bonus) |
| Axos Business Premium Savings ($375 Bonus) | Live Oak Bank Business Checking ($400 Bonus) |
How To Earn Bonus
- To earn a $150 Mastercard Reward Card, the Referred Person must register by following the link provided in the referral email or on social media, open a new Independent Bank business checking account and meet the following requirements within 60 calendar days of account opening:
- Complete fifteen (15) debit card transactions (excluding ATM transactions), OR
- Have $1,000 in cumulative deposits
- New account is subject to standard account opening requirements.
- The Referred Person acknowledges that a Mastercard Reward Card will be issued to the Referrer after all conditions have been met in the time frames provided.
- Independent Bank employees are ineligible to participate in this offer.
- Please allow 4-6 weeks after completion of all requirements for the delivery of the Mastercard Reward Card.
- The Mastercard Reward Cards are subject to Terms and Conditions delivered with the card.
- Rewards are subject to 1099-INT for the referred party and 1099-MISC for the referring party for aggregate rewards totaling $600 annually.
How To Waive Monthly Fees
- Personal Checking: $2 monthly fee, waivable if enrolled in eStatements
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Bottom Line
All in all, this is a fantastic offer if you know a friend or family member who would like to open a new account for their businesses. Additionally, you can gain access to many great features that come with the account. However, let us know if you know whether the promotion is a soft pull or not!
Additionally, be sure to check out our list of the best bank bonuses, bank rates, and CD rates found nationwide!
Compare Independent 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!
*Check back at this page for updated Independent Bank promotions, bonuses, and offers.
