[Expired] [MA] Middlesex Federal $150 Checking Bonus, Direct Deposit Not Required

Deal has ended, view more bank account bonuses by clicking here.

Update 2/27/24: Can now be opened online as well.

Offer at a glance

• Maximum bonus amount: $150
• Availability: MA
• Direct deposit required: None 
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Yes, not sensitive
• Credit card funding: Unknown 
• Monthly fees: None
• Early account termination fee: $25, 90 days
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Middlesex Federal is offering a $150 checking bonus when you open a new Simply Free Checking account:
  • Receive an MFS instant issue debit card and we’ll pay you $25 to download our mobile app and another $25 to add your MFS debit card to your digital wallet
  • Make fifteen Point of Sale (non-ATM) transactions using your MFS debit card within the second through fourth statement cycle from the date of account opening and we’ll credit your account $100 on the last day of the fourth statement cycle

The Fine Print

• Open a Simply Free Checking (offer does not apply to Simply eFree Checking accounts opened online,) at any Middlesex Federal (MFS) branch, receive an MFS instant issue debit card and we’ll pay you $25 to download our mobile app and another $25 to add your MFS debit card to your digital wallet.
• Payment will be in the form of an MFS check which must be deposited upon receipt into a new MFS Simply Free Checking using MFS mobile check deposit.
• Middlesex Federal Online Banking registration and mobile app download are required.
• Make fifteen Point of Sale (non-ATM) transactions using your MFS debit card within the second through fourth statement cycle from the date of account opening and we’ll credit your account $100 on the last day of the fourth statement cycle.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees

Early Account Termination Fee

There is a $25 fee if the account is closed within 90 days. There is also a $2.50 month inactivity fee if the account has been inactive for two years and has a balance under $100.

Our Verdict

It’s nice that there is no direct deposit required and it’s a soft pull. We will add this to our list of the best checking bonuses.

Hat tip to Peek

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