First Midwest Bank is offering residents of Illinois, Indiana, and Iowa an attractive $250 bonus when you open a Essential Business Checking account.
To qualify for the bonus, all you would need to do is open a new Essential Business Checking account with an opening deposit of $1,000. Within 90 days, complete any combination of the following at least 10 times: Online bill payment, Business mobile check deposit, Debit card transactions, Checks paid, Wire transfers, or ACH credit or debit. After the 90 day qualification period, the $250 bonus will be deposited into your account within 60 days.
Additionally, you will have access to the best customer service and care the bank has to offer. For those interested, you can also check out other great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
|Huntington Asterisk-Free Checking: Earn a $150 bonus when opening a Huntington Asterisk-Free Checking account and make total deposits of at least $1,000 within 60 days of account opening. $150 will be deposited into your Huntington Asterisk-Free Checking account after all requirements are met and your account is open for 90 days. Apply Now---Huntington Asterisk-Free Checking Review|
|Chase Total Checking®: Earn a $200 bonus when you open a new Chase Total Checking® account and set up a qualifying direct deposit into this account within 60 days of account opening. Access to 16,000 Chase ATMs and nearly 4,900 branches. Apply Now---Chase Total Checking Review|
|TD Bank Convenience Checking: Earn a $150 bonus when you open a new TD Bank Convenience Checking account and set up direct deposit. You will earn free online notices and statement with check images, easy person-to-person, and internal/external transfer. Apply Now---TD Bank Convenience Checking Review|
|CIT Bank offers a competitive high rate of 1.25% APY when you open a new Savings Builder account. The account comes with secure banking features, 24/7 account access and is FDIC insured. Build a habit of savings. Start with $100 per month and build your habit of savings-—all while getting a top rate. Apply Now—CIT Bank Review|
Table of Contents
First Midwest Bank Summary
- Direct Link to Offer
- Account Type: Essential, Essential Plus, or Essential Deluxe Business Checking
- Maximum Bonus: $250 Bonus
- Availability: IL, ID, IA (Bank Locator)
- Expiration Date: None listed
- Soft/Hard Pull: Unknown, let us know
- Credit Card Funding: Fund up to $2,500
- Direct Deposit Requirement: None
- Additional Requirements: See below
- Avoid Monthly Fee: $15 – $75
- Essential Business Checking: $15 monthly fee waived with $1,500 in average collected balance
- Essential Plus Business Checking: $20 monthly fee waived with $5,000 in average collected balance
- Essential Deluxe Business Checking: $75 monthly fee waived with:
- $75,000 average collected balance in combined business deposit accounts
- Early Termination Fee: Loss of bonus if closed within 90 days
First Midwest Bank Checking Requirements
- Open a Essential Business Checking account from First Midwest Bank with a $1,000 opening deposit.
- Within 90 days, complete any combination of the following at least 10 times:
- Online bill payment
- Business mobile check deposit
- Debit card transactions
- Checks paid
- Wire transfers
- ACH credit or debit
- Once you have met the requirements, you will earn the $250 bonus within 60 days of the transactions being, after the 90 day qualification period.
First Midwest Bank Bonus Fine Print
New money is defined as funds not on deposit at First Midwest Bank within the last 90 days.
Account must be open with a positive balance to receive payout.
Promotional credit may be subject to IRS 1099-INT Form reporting and may be considered taxable income to you.
This offer is applicable once per client and only one bonus per account.
If you are a current business owner who is interested, be sure to head on over to First Midwest Bank to learn more about the current $250 bonus. Additionally, don’t forget, the $250 bonus will be reported on IRS Form 1099-INT. However, if this is not for you, be sure to check out our complete list of Business Bank Promotions for all your banking needs!
|Huntington Bank Unlimited Plus Business||$750 Cash||Review|
|Huntington Bank Unlimited Business||$400 Cash||Review|
|Huntington Bank Business Checking 100||$200 Cash||Review|
The Ink Business UnlimitedSM Credit Card offers $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.
You'll earn an unlimited 1.5% cash back on every purchase made for your business and you'll receive employee cards at no additional cost.
This card carries no annual fee and you'll have the opportunity to take advantage of a 0% introductory APR for 12 months on purchases