MidWestOne Bank Bonuses: $350 Checking Promotion (CO, FL, MN, WI)

Take a look at the most recent MidWestOne Bank bonuses, promotions, and offers here.

Update 5/26/25: There’s currently a $350 checking bonus good through 7/31/25.

MidWestOne Bank Bonuses Review

For more than 80 years, MidWestOne Bank has earned long-term customer relationships by helping their customers and communities succeed. Furthermore, they believe that the communities they serve are not only the inspiration of their organization, but the purpose behind their existence.

I’ll go over the MidWestOne Bank offers below.

MidWestOne Bank $350 Checking Bonus

You can receive a $350 bonus when you open a new checking account and meet the qualifications.

• What you’ll get: $350 Bonus
• Eligible account: Checking Account
• Where it’s available: CO, FL, MN, WI (Branch Locator)
• Credit Inquiry: Soft Pull or Hard Pull? Let us know.
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • Receive a $350 Bonus when you open a new Power Checking account using code 25Power3501.
  • Meet the Power Checking qualifications within the first three cycles and the bonus will be deposited into account within 15 days after all qualifications are met.
  • To obtain Power Checking Rewards3 each qualification cycle (monthly statement cycle) you are required to:
    • Enroll in and receive electronic statements
    • Have at least 15 debit card purchases post and clear
    • Have at least one direct deposit, automatic debit from a third party, or an online bill payment transaction post and clear

(Expires 07/31/2025)

Fine Print

• Bonus Eligibility Information: Limit one offer per household.
• Not valid with any other checking account offer or if a MidWestOne checking account has been owned in the past.
• Power $350 bonus valid for new personal Power Checking accounts only, and valid from May 01, 2025, through July 31, 2025.
• MidWestOne Bank reserves the right to cancel this promotion at any time.
• When applying online, a valid promo code must be entered when prompted in the application.
• To apply in-branch, a digital or printed version of the email must be presented at the time of account opening.
• Participation in a promotional bonus does not guarantee fulfillment; qualifications must be met.
• The $350.00 bonus will be forfeited if the account is closed within 6 months of account opening.
• Only valid in Iowa, Minnesota, Wisconsin and Colorado.
• Other exclusions may apply.
• Meet the Power Checking qualifications within the first three cycles and the bonus will be deposited into account within 15 days after all qualifications are met.
• Offer valid for new Power Checking customers only.
• One offer per household.

How To Waive Monthly Fees

• Power Checking: None
• Free Checking: None
• Business Checking: None
• Non-Profit Checking: None
• Performance Money Market: None
• Connections Club: $10 monthly fee. Maintain a $1,000, or a total relationship balance of $10,000 to avoid the monthly account fee
• Relationship Checking: $10 monthly fee. Maintain a $1,000, or a total relationship balance of $25,000 to avoid the monthly account fee
• Business Interest Checking: $10 monthly fee. Maintain a $5,000 minimum daily balance to avoid the monthly account fee
• Business Analysis Checking: $15 monthly fee

Conclusion

If you are currently a resident of the qualifying states, then the promotion from MidWestOne Bank is a great bet for you! Not only will you earn a generous bonus, but this checking account also earns interest and has many other great features.

I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.

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

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.

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

Check back often for more MidWestOne Bank Bonuses, Promotions, or Offers!