Commerce Bank Bonuses: $50, $300, $700 Checking, Referral Promotions (CO, IL, KS, MN, MO, MS, NE, OK, TX)

Check out the latest Commerce Bank bonuses, promotions, and offers here.

Update 7/31/25: Check your mail / email as you may have been targeted for a $300 or $700 checking bonus. You must receive this offer to redeem! Valid through 9/23/25.

Commerce Bank Bonuses Review

In the industry for more than 150 years, Commerce offers a super-community banking experience that pairs large bank products and services with deep local market knowledge and experience. Furthermore, they are dedicated to helping their customers meet their challenges with solutions.

I’ll go over the Commerce Bank Bonuses below.

Commerce Bank $700 Checking Bonus (Targeted)

Receive a $300 or $700 checking bonus when you open a new checking account and meet the requirements.

• What you’ll get: $300 or $700 Bonus
• Eligible account: Commerce Free Checking
• Where it’s available: CO, IL, KS, OK, MI  (Bank Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • New checking customers: Use promo code Jul25NewBonus
  • Choose how to get your up to $700 Bonus by opening any new personal checking account and completing qualifying activities:
    • $300 bonus: for making 10 debit card purchases, plus an account balance of $300. OR
    • $300 bonus: for direct deposits totaling $3,000 to $4,999.99. OR
    • $700 bonus: for direct deposits totaling $5,000 or more.

(Expires 09/23/2025)

Fine Print

• Limited-time offer. Offer and promo code are not transferable and are only valid for directly intended recipients who have not owned a Commerce Bank checking account or received a previous checking bonus from us in the last 12 months prior to account opening. Name and address on new account must match Commerce Bank’s offer distribution list records to be eligible for the bonus. To qualify for one of the below bonuses: a) You must provide the promo code Jul25NewBonus at the time of account opening; b) Your new Commerce Bank checking account must be opened between July 25, 2025 and September 23, 2025; c) You must be a new checking customer, meaning one who has not owned a Commerce Bank checking account in the 12 months prior to account opening.
• $300 bonus (Debit Card purchases): In addition to #1, by December 29, 2025, you must complete at least 10 purchases using your associated debit card and have a balance of at least $300 in your account after all transactions, fees and charges have been applied at the end of nightly processing. ATM withdrawals, pending transactions and withdrawals at a branch using your debit card are not qualifying transactions.
• $300 or $700 bonus (Direct Deposit totals): In addition to #1, by December 29, 2025, account holder(s) must have one or more direct deposits post to the account, totaling $3,000 to $4,999.99 for a $300 bonus; or totaling $5,000 or more for a $700 bonus. To qualify, direct deposits must be a recurring, electronic deposit of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government. Person to Person payments (such as Zelle®) are not considered direct deposits.
• Commerce Bank will determine whether all requirements for the bonus have been met by December 29, 2025. If you have completed all the above requirements and your account remains open, your bonus will be paid January 26, 2026, by crediting your Commerce personal checking account. You will be eligible for only one of the bonus offers. Maximum total bonus $700. The bonus will be reported as interest to the IRS. Commerce Bank reserves the right to determine eligibility for offer using Commerce Bank’s records. Offer may be revoked, restricted, or changed at any time at Commerce Bank’s sole discretion. Monthly service charge waived for first 60 days after new account opening for CommerceInterest and CommerceRelationship checking accounts. To avoid a $12 monthly service fee for the CommerceInterest checking account, the primary account holder must have at least one $500 or more direct deposit OR maintain a daily balance of $1,000 during the statement cycle. To avoid a $22 monthly service fee for the CommerceRelationship checking account, the primary account holder must maintain a $5,000 average daily balance in that account OR $15,000 in combined Commerce deposit account balances (checking, savings, money market, CDs, and IRAs) during the statement cycle. The Annual Percentage Yield (APY) for Commerce Free Checking is 0.00%, CommerceInterest and CommerceRelationship Checking is 0.01%, as of July 1, 2025. There is no minimum balance requirement to earn the APY. Rate may change after account is opened. Fees could reduce earnings on the account.
• We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the ending collected balance in the account each day. Interest rate and annual percentage yield may vary. We may change the interest rate at any time at our discretion. Fees could reduce earnings on your account. When your collected balance is greater than $1,000, you may earn a higher rate of interest.
• Minimum Balance to Avoid Service Charges: $5,000 average daily balance in this account OR $15,000 in combined deposit balances (checking, savings, money market, CD and retail IRA balances). Average daily balance means the ending ledger balance in the account each day, divided by the number of the days in the month. You must maintain the minimum average daily balance for the monthly cycle. The person listed first on the account must maintain the balances shown. Qualifying deposit accounts include personal checking, savings, money market and CDs. Business accounts do not qualify. Combined balances are determined by using the actual balance on the day prior to the checking account statement cycle date each month.
• You may receive a direct deposit up to two days early with Early Pay if you have 1) a checking or savings account or prepaid card with us, and 2) a recurring qualifying direct deposit to that account. Qualifying direct deposits may include a recurring ACH deposit of less than $10,000.00 for payroll, Social Security or other government benefits, or pensions. Early Pay is automatic and there is no fee. Please visit the Commerce Bank Deposit Agreement and Funds Availability Policy for more details..
• My Savings Accelerator is offered through invitation for qualifying accounts.
• Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used here in under license.
• Fees may apply for External Transfers, depending on the speed of the transaction.

Commerce Bank $50 Referral Bonuses

Commerce Bank is currently offering a $50 Referral Bonus when you refer a friend or family member for a new Personal Checking Account.

• What you’ll get: $50 Bonus
• Eligible account: CommerceBasic Checking, CommerceInterest Checking, CommerceRelationship Checking, CommerceStudent Checking
• Where it’s available: CO, IL, KS, OK, MI
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: Varies
• How to earn it:
  • Fill out the referral form online and Refer a friend or family member for a new Personal Checking Account.
  • Have at least one $300 or more direct deposit
  • Enroll in Online Banking and eStatements.

(Limited time offer)

Commerce Bank $200 Checking Bonus (Targeted) (Expired)

Receive a $200 checking bonus when you open a new checking account and meet the requirements.

• What you’ll get: $200 Bonus
• Eligible account: Commerce Free Checking
• Where it’s available: CO, IL, KS, OK, MI  (Bank Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • Use promo code EX200MAR23
  • Open a new Commerce Free Checking account by May 23, 2023
  • Make 10 debit card purchases by July 24, 2023
  • Have at least $200 in your account at the end of nightly processing on July 24, 2023

Fine Print

• Limited-time offer.
• Offer and promo code are not transferable and are only valid for recipients of mailed offer. Only one offer per household. Name and address on new account must match this mail piece to be eligible for the bonus. To qualify for the $200 bonus: a) You must provide promo code from the mailed offer at the time of account opening. B) Your Free Checking account must be opened by May 23, 2023 and funded within 30 days. C) You must complete at least 10 purchases using your associated debit card by July 24, 2023. ATM withdrawals, pending transactions and withdrawals at a branch using your debit card are not qualifying transactions. D) Account must have a balance of $200 on July 24, 2023, after all transactions, fees and charges have been applied at the end of nightly processing; and E) You must be a new checking customer, meaning one who has not owned a Commerce Bank checking account in the 12 months prior to account opening.
• We will determine whether all requirements for the bonus have been met as of July 24, 2023.
• If you have completed all the above requirements and your account remains open, you bonus will be paid August 21, 2023.
• By crediting you Free Checking account. Maximum total bonus $200.
• The bonus will be reported as interest to the IRS.
• Commerce Bank reserves the right to determine eligibility for the offer using Commerce Bank’s records.
• Offer may be revoked, restricted or changed at any time at Commerce Bank’s sole discretion.
• Annual percentage yield 0.00%. fees could reduce earnings on the account.

How To Waive Monthly Fees

• Commerce Free Checking: None
• Performance Money Market: None
• myBusiness Select Checking: None
• myBusiness Checking: None
• CommerceInterest Checking: $10 monthly fee. Have at least one $500 or more direct deposit OR daily balance of $1,000 in each statement cycle to waive.
• CommerceRelationship Checking: $20 monthly fee. Have at least one $5,000 average daily balance in this account OR $15,000 in combined deposit balances (checking, savings, money market, CD, and retail IRAs).

Conclusion

Lastly, if you currently reside in one of the states Commerce Bank operates in, you now have the perfect opportunity to obtain up to a $400 bonus with a new Checking Account! All you would have to do to obtain any of the promotional offers listed above, is to meet all the requirements associated.

However, you can also take advantage of our list of Savings, Money Market, and CD rates.

• Best Savings/Money Market rates
• Best CD Account rates

Additionally, if you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.

However, feel free to comment on this post with any questions you may have about Commerce Bank, their accounts they offer, or Commerce Bank coupon codes.

Additionally, check back often for more Commerce Bank Bonuses, Promotions, or Offers!