[NY, OH, IN, PA] Northwest Bank $200 Referral Bonus

Offer at a glance

  • Maximum bonus amount: $200 for person being referred, $50 for person referring
  • Availability: NY, OH, IN, PA
  • Direct deposit required: Yes, $1,000+
  • Additional requirements:10 debit card transactions
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: $25, 180 days
  • Household limit: None listed
  • Expiration date: None listed

The Offer

Direct link to offer

  • North West Bank is offering a referral bonus ($200 for the person being referred and $50 for the person referring) when the new user opens a new checking account and completes the following requirements:
    • Receive a $1000 direct deposit
    • Complete 10 debit card transactions

The Fine Print

  • The person making the referral (Referrer) will earn a $50 Visa® Virtual Reward for each individual referred (Referred Person) to Northwest Bank who registers for the offer, opens a new Northwest Bank personal checking account (Affinity, Affinity Plus or Affinity Premier), and completes the offer requirements within the time specified in the offer. To make a referral, the referrer must be an existing Northwest customer in good standing, register for the program and share the offer with their friends and family. A Referrer may earn up to $500, in Visa® Virtual Rewards, within a calendar year. Only one Referrer may receive a Visa® Virtual Reward for each Referred Person who fulfills the requirements.
  • To earn a $200 Visa® Virtual Reward, the Referred Person must register by following the link provided in the referral email or on social media, open a new Northwest Bank personal checking account (Affinity, Affinity Plus or Affinity Premier), and meet the following requirements within 60 days of account opening:
    • Make direct deposits totaling $1,000 or more AND
    • Complete 10 posted Northwest debit card transactions (POS, Mobile Wallet and ATM are eligible)
      Account must remain open and be “in good standing” at the time the reward is issued.
  • A qualifying Direct Deposit is an Automated Clearing House (ACH) credit, which may include payroll, pension, or government payments (such as Social Security). You must open the new checking account within 180 days of registering for this offer using the shared referral link that was shared by the referring party. To receive the reward, your checking account must be open and in good standing. Offer is not available to existing Northwest Bank personal checking account customers or to those with a Northwest Bank personal checking account that has been closed within the last 12 months. Northwest Bank reserves the right to limit each customer to one new account-related bonus per calendar year. This reward is subject to tax reporting. Please consult your tax advisor. Reward is subject to IRS 1099-INT reporting. Employees of Northwest Bank, its affiliates, and subsidiaries are not eligible for this offer. Cannot be combined with any other offer. Offer subject to change. Including cancellation, at any time without notice. Offer is non-transferable.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Affinity Checking has no monthly fees to worry about.

Early Account Termination Fee

$25 fee according to the fee schedule, 180 days.

Our Verdict

Better than the previous $160 bonus. Just need to know if it’s a hard or soft pull, feel free to share your referrals and experiences in the comments below.

Hat tip to reader Alex

Useful posts regarding bank bonuses:

View Comments (43)

  • Opened account with a mail offer ($600 for opening a new Affinity Premier Checking) and was able to stack with the $200 referral bonus. Great deal!

    Thanks for using my referral ❤️: https://io.referlive.com/XKfqly 

    DP:
    9/21 Opened in branch and Chex pulled (Chex: 0/1, 4/3, 9/6, 9/12, 9/24)
    9/27 Real DD 2000
    10/10 Completed 10 POS (Cash App)
    10/18 $600 bonus posted
    10/23 $200 VGC received
    10/24 Have to call CS to change product to Affinity Checking to avoid monthly fees

  • Here is my referral: https://io.referlive.com/GAQ57B
    I used another one several posts down so would greatly appreciate it!

    FYI: Do not try to use a promo code with the referral. They will cancel each other out, even if the promo code you use doesn’t end up being eligible. This is what customer service informed me. Thankfully their onboarding group is super helpful and escalated a complaint for me which ended up with their Refer Live liaison who submitted for Refer Live to manually issue the referral bonus for me.

    Used Fidelity for DD and Apple Pay reloads for 10 debit transactions.

  • 7/24 Opened account in branch, Chex pulled
    7/30 +500 from Chase Personal Checking
    💸10 Debit card transactions 💸
    8/7 +500 from Chase Personal Checking
    9/5 Received an email "Your Northwest Bank Referral Reward is here!"

    Bonus paid in digital Visa card $200

    There's my Referral Link in a comment below 👇

  • Any DPs yet, on how long it has taken to pay out the digital $200 bonus after meeting the requirements?

    • No need promo code. You have to register by using a referral link. Once you receive an email response "Thank you for registering with Northwest Bank" it should be good to go to open an account at the next step.

  • Opened in branch 50 miles away from my address in IN. My banker also gave me a temp. debit card and told me to enroll eStatement to avoid $3 paper statement fee.

    Here is my referral link https://io.referlive.com/6w8ryy

    Any data point to trigger DD?