[OH, MI, IN and PA] Premier Bank $200 Checking Bonus

Update 10/12/24: Extended through 12/31/24

Update 4/2/24: Extended until  June 30, 2024

Update 1/2/24: Offer valid until March 31, 2024

Update 10/3/23: Extended until December 31, 2023.

Update 7/4/23: Extended until September 30, 2023

Update 1/15/23: Extended until March 31, 2023.

Update 10/14/22: Extended until  December 31, 2022.

Update 7/23/22: Deal is back and valid until September 30, 2022.

Offer at a glance

• Maximum bonus amount: $200
• Availability: OH, MI, IN and PA
• Direct deposit required: Yes, $1,000+
• Additional requirements: See below
• Hard/soft pull: Soft pull, make sure to opt out of overdraft protection
• ChexSystems: Unknown
• Credit card funding: Up to $500
• Monthly fees: None
• Early account termination fee:
• Household limit: One
• Expiration date: July 31, 2022 September 30, 2022

The Offer

Direct link to offer

• Premier Bank is offering a bonus of $200 when you a new checking account. When you meet the following requirements:
  • Make 20 debit card Point-of-Sale transactions within 60 days of account opening
  • Initiate and receive direct deposits totaling $1,000 or more into the account within 60 days of account opening

The Fine Print

• Offer valid for new customers opening a simple checking account.
• Receive $200 for the completion of 20 debit card Point-of-Sale transactions within 60 days of account opening AND initiate and receive direct deposits totaling $1,000 or more into the account within 60 days of account opening.
• Incentives will be deposited into your new checking account 120 days after account opening and after the completion of the corresponding requirements.
• Offer not available to existing Premier Bank checking account customers, those with a Premier Bank checking account closed within the past twelve (12) months, and employees of Premier Financial Corp. and their immediate family members living in the same household.
• May not be combined with any other offer, and only one offer valid per person per calendar year.
• Subject to change without notification.
• One offer per household.
• Minimum $50.00 deposit to open.
• Offer valid May 1, 2022 through July 31, 2022.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Simple checking account has no monthly fees to worry about.

Early Account Termination Fee

A fee is charged if account is closed within 180 days.

Our Verdict

Not as good as the previous $250 bonus, but there are less requirements. Will add this to our list of the best bank account bonuses.

Hat tip to reader Kyle

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• PSA: Don’t Call The Bank
• Introduction To ChexSystems
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• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
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• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
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