[Expired] [AZ, OK only] MidFirst Bank $150/$300 Checking Promotion – Direct Deposit Not Required

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

Update 11/12/22: Deal is back, this time the $300 bonus does require a direct deposit.

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Available to Arizona residents only
  • Direct deposit required: Optional
  • Additional requirements: See below
  • Hard/soft pull: Soft
  • ChexSystems: Yes
  • Credit card funding: Unknown
  • Monthly fees: $6, avoidable
  • Early account termination fee: 90 days, bonus forfeit
  • Household limit: One
  • Expiration date: December 31st, 2019

The Offer

Direct link to offers: AZ | OK

  • MidFirst Bank is offering a bonus of up to $300:
    • Get a $300 account credit when you open a new qualifying checking account and have a recurring monthly direct deposit of $500 or more to the new account within 90 days of opening. The direct deposit must be an electronic deposit of the account owner’s paycheck, pension or government benefits, such as Social Security. Electronic deposits made from one personal account to another do not qualify. Direct deposit must be received to the account in two consecutive calendar months to be considered recurring.
    • Get a $150 account credit when you open a new qualifying checking account and complete 10 debit card purchases AND three Zelle® transactions in the MidFirst Bank Mobile Banking App within 90 days of account opening.

The Fine Print

  • To receive the $300 checking offer two of the three requirements below must be completed within 90 days of new account opening:
    • 1) Have direct deposit of $250 or more made to the new account. The direct deposit must be an electronic deposit of the account owner’s paycheck, pension or government benefits (such as Social Security).
    • 2) Complete 10 debit card purchases. Multiple swipes for the same purchase amount at the same merchant do not qualify, and ATM transactions are not eligible.
    • 3) Complete 3 Zelle transactions on the MidFirst Bank Mobile Banking App. Zelle transactions conducted in another banking application are not eligible.
  • Promotional offer available in Arizona only, and is not available to those whose accounts have been closed within one year or closed with a negative balance.
  • Existing MidFirst Bank checking customers are not eligible for the checking offer.
  • Must be age 17 or older.
  • Promotional offer valid for accounts opened 9/1/2019 through 12/31/2019.
  • Promotional offer subject to change without notice and is not valid with any other promotional offers.
  • Account must be open and in good standing to receive an account credit.
  • The applicable credit will be made to the eligible customer’s checking account within 30 calendar days following completion of all requirements.
  • Account credits are considered interest and will be reported on IRS Form 1099-INT (or applicable tax form).
  • One new promotional account per household.
  • Offer must be mentioned at account opening to qualify and all accounts are subject to approval.
  • Go! Checking, Sun Devil Checking, and Sun Devil Solution Checking accounts are not valid for this offer.
  • Account Closing: Accounts closed within 90 days of opening may forfeit the amount equal to the promotional account credit received.
  • Sweepstakes: Terms and conditions apply.
  • Click here today for official rules and alternate entry methods.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The M checking account required for this bonus has a $6 monthly fee, this is waived with a  $250 or more monthly recurring direct deposit or $1,000 minimum average daily balance

Early Account Termination Fee

Account must be kept open for 90 days to avoid any early account termination fee.

Our Verdict

Previous bonuses have been for $200 but this required opening an account in branch. This is a better deal as the account can be opened online and it’s for an extra $100. There is usually a smaller offer for those in OK as well, but I can’t seem to find that currently. In terms of this offer itself, this is a fantastic deal and well worth doing – especially as no direct deposit is required. I’ll be adding this to our list of the best bank account bonuses.

Hat tip to reader Sam L

Useful posts regarding bank bonuses:

Post history:

  • Update 11/16/21: There is also a $200 bonus that is available to all of OK.
  • Update 9/4/21: Deal is back and valid until12/31/2021. Also there’s a link in Tulsa OK this time. Hat tip to TJ
    William Charles
  • On November 12, 2022, 19:51

View Comments (142)

  • There is now a $200 checking bonus and a $100 savings bonus. Checking requires direct deposits totaling $500 or you can do 10 debit card transactions and 3 Zelle transactions instead. Savings requires depositing $10K for 90 days and their rate is currently 3.5% APY.

    Checking offer not available to existing consumer checking customers. Savings offer available to new consumer checking customers and existing. Offers are not available to those whose MidFirst accounts have been closed during the current or previous calendar year.

    First time I've seen them have a bonus outside of the Sep-Dec Q4 timeframe.

    https://midfirst.com/az-up-to-300

    https://midfirst.com/ok-up-to-300

  • Last account closed - Aug 2020

    Opened - Nov 25 2022
    DD 1 $500 from Vanguard - Dec 10
    DD 2 $500 from Vanguard - Jan 10
    Bonus $300 posted - Feb 14 2023

    Closing about March 5

  • DP - AZ Account:
    11/18 - Opened account
    11/25 - $1000 real DD
    12/02 - 3 Zelle Transactions
    12/13 - $300 bonus posted

  • Anyone have any idea whether Monifi accounts would be considered as Midfist accounts in determining whether sufficient time has lapsed from the closing of the last account?

  • @guest_1351955 @guest_1254282 Can you confirm if opening a Vio savings account is also a chex pull?

    • @guest_1486589 P2's Vio savings was opened on 12/20/2021 and there was a Chex pull from MidFirst Bank on 12/16/2021. I do remember first applying P2 at MidFirst, got denied, and then tried the Vio route after. I don't know for sure if the Chex pull was from the MidFirst denial or the Vio opening.

      • @guest_1254282 So in general, there will be only one chex pull when opening Vio savings and then Medfirst account or would be it be two separate chex pulls?

        • @guest_1486589 Yes in theory only 1 Chex pull. I just can't confidently tell you which application will do it.

          • @guest_1254282 As long as its one pull only for both the accounts, I am good. Thanks for confirming.

  • This one was a doozy, but I was finally able to get this bonus for myself and P2 OOS. I am not sure of which DD method I used actually triggered the bonus since some of them I did after the 90 day timeline. Not sure if this bank gives a grace period or anything. I chose the method of opening a Vio savings account (open to anyone nationwide) before opening this account to qualify.

    P2 and I have fairly similar timelines:

    12/16 - Opened Midfirst Live Free checking online with Vio account number and balance, app went pending waiting for trial deposits to external bank account for initial deposit (P2 opened 12/23, same household address)

    2/28-3/17 - Made 10 debit card transactions, a combo of payments to online rent account and Amazon reloads, making sure all transactions were of varying amounts

    3/16 - $250 Astra DD posted

    3/17 - $250 Schwab brokerage DD posted

    3/18 - $250 Wise “Payroll” DD posted

    3/22 - $200 bonus posted

    Not sure if I will close the account yet since it’s free, and since the 90 days are up, so no early termination fee for me. Lots of problems with this account with getting the online banking set up, I had to call in for that. I even had to call them to order my debit card.

    I would have sent some Zelle transactions, but for some weird reason, when I downloaded their app, the Zelle option was not there for me. Maybe it’s just on some versions of their app, or they disabled it on my account for some reason? This bank doesn’t seem to want to communicate with customers via secure message.

    Maybe I’ll close this account to see if the bonus is churnable if it comes around again. I actually signed up under the $300 Tulsa offer but only got $200. I will not call in to request the extra $100 since I didn’t do a real DD, and they may just reject me anyway.

    • @guest_1351955 @guest_1254282 On the Tulsa application, do you select that you already have an account or do you input the Vio information later in the app when you select No that you do not have an account with MidFirst?

      • @guest_1503394 Did you endup applying for this account? Did you select "Yes" for "Do you already have an account with us?" and enter the Vio information?

          • @guest_1503394 Yeah I also just applied being OOS. I am still not sure what are the bonus requirements?
            On the Midfirst page, it says:
            $300 Offer - Recurring monthly direct deposit of $500.
            $150 Offer - Complete 10 debit card purchases AND three Zelle® transactions.
            But people are getting $200 being OOS in the below thread with completely diff requirements.

          • I’m in the same boat. I was just going to do the requirements for the $300 and hope for the best. If I get $200, I’ll chalk it up as a win since I am probably not supposed to be eligible.

      • @guest_1503394 I'm sorry, but I honestly can't remember. I've opened too many other accounts since then.

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