[Expired] [IL, MO & More] Midland States Bank $250 Checking Bonus

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

Update 8/31/24: Extended until Offer ends November 15, 2024.

Update 6/29/24: Deal is back and valid until August 30, 2024. Hat tip to SecondMouse

Update 12/2/23: Deal is back and valid until 12/31/23. Looks like it can be opened online in all states except: CA, CO, KS, KY, LA, NJ, NY, OH, OR, PA, TX, FL, AZ.

Update 6/25/23: Deal is back and valid until 9/30/2023.

Update 12/16/22: Looks like it can be opened online in all states except: CA; KY; NJ; NY; OH; PA; TX. Hat tip to reader John

Offer at a glance

The Offer

Direct link to offer

  • Midland States Bank is offering a bonus of $250 when you open a new checking account with promo code Check250. Bonus broken down as follows:
    • Have a direct deposit of $1,500 and receive a $150 bonus
    • Complete 20 debit card transactions and receive a $70 bonus
    • Sign up for eStatements and receive a $30 bonus

The Fine Print

  • In order to be eligible for this limited-time offer, you must be 18 years or older and apply online or in-person using the code: Check250.
  • Limit of 1 per person.
  • Checking offer is not available to existing personal checking account holders. New customers may earn up to $250 on personal checking accounts LivTM Simply, LivTM Rewarded, and LivTM Unlimited if the following qualifications are completed within 90 days of opening account: direct deposits via ACH totaling $1500 will receive $150, 20 debit posted card transactions within 90 days (excluding ATM transactions) will receive $70, and E-Statements enrollment receives $30.
  • Incentive is considered interest, producing a 1099-INT form.
  • If the account is closed by you or Midland States Bank within 180 days after opening, you will forfeit the offer and be subject to an account closing fee.
  • After you have completed the above requirements, the offer will be deposited into your new account within 30 business days.
  • Contact us for additional details.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Liv Simply account has no monthly fees to worry about.

Early Account Termination Fee

$40 if closed within six months

Our Verdict

Always nice to see a bonus with no monthly fees to worry about. We will add this to our list of the best bank account bonuses.

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    William Charles
  • On June 29, 2024, 11:00
Tags: direct deposit requiredIL bank bonusesmo bank bonuses

View Comments (878)

  • 11/28 - 20 DC purchases satisfied with Cashapp
    12/3 - $70 bonus posted

    $150 & $30 bonuses posted on 11/19.

    Thanks, Doc!

  • Anyone gotten the $70 for the 20 transactions? The $150 and $30 posted quickly for me. DD bonus posted after four days. I cheesed the 20 debits with $1 charges to my phone bill and it’s been two weeks.

  • 11/13 Opened acct, registered for eStatements, $1501 Fidelity push
    11/19 $150 & $30 bonuses posted for DD and eStatements
    Still waiting for the debit card

  • 11/11 - Opened acct, Chex pulled, registered for eStatements
    11/15 - $1500 ACH from Cap1
    11/19 - $150 & $30 bonuses posted for DD and eStatements

    Thanks, Doc!

    • Any particular reason you think that? This bank first became DoC popular in 2021. So, someone who got the bonus in 2021 & churned in 2023 wouldn't be eligible until 2025...

      Personally, I won't be eligible until 9/29/2025. So, ask me in Oct 2025. @guest_1513748

    • Once upon a time I applied after they removed the promo page. See #1706046

      As long as they accept the promo code on the application, it should payout.

  • Anyone churning this running into a dead end loop? I try to open, but it has me login, and then just dumps me onto my old regular online banking, with no accounts showing. I can't get out of it to continue opening the account. Any successful 2nd/3rd openings this round?Is there a way to bypass?

    • It was doing that to me as well. What worked for me was clicking on the top right menu, click “Marketplace,” and then there were options to choose an account to open. Make sure your Chex is unfrozen or you’ll receive an “unable to proceed” message. GL!

  • cannot get their stupid system to accept my ID. I've tried DL and passport, on chrome, edge, and samsung browser. I've tried different backgrounds and lighting. How the hell has anyone opened this account online?

    • There was an issue with the system today, I called and cleared it many times. Later they sent me email that it was resolved. I cropped the photos I was using, then tried again and it went through this evening.

      • What is your trick to get your ID accepted? I tried eight times over the past two months and tried again just now. Still not working. I called customer service before and they can't upload my ID.

        • Last night I put my ID on a brown manila envelope under a bright desk lamp (no glare) and took pics right in the application. That worked for me after several unsuccessful attempts.

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