This bonus has now expired, you can view the best checking bonuses here.
Offer at a glance
- Maximum bonus amount: $125
- Availability: Promotional offer available in Oklahoma area banking centers only
- Direct deposit required: Optional
- Additional requirements: Yes, see below
- Hard/soft pull: Soft
- Credit card funding: None
- Monthly fees: $6-$12
- Early account termination fee: Bonus will be taken back if closed within 90 days of account opening
- Expiration date: December 31st, 2016
Contents
The Offer
- Open a new checking account with MidFirst Bank and receive a bonus of $125 when you do any two of the following:
- Set up a $250 recurring direct deposit
- Complete 30 debit card purchases
- Complete three electronic payments with online Bill Pay or ACH
- Apply and be approved for a MidFirst Bank credit card
The Fine Print
- Promotional offer available in Oklahoma area banking centers only, and is not available to existing MidFirst Bank checking customers, or those whose accounts have been closed within one year or closed with a negative balance.
- Must be 17 or older.
- Promotional offer valid for accounts opened 9/1/2016 through 12/31/2016.
- One new promotional account per household.
- Offer must be mentioned at account opening to qualify and all accounts are subject to approval.
- Go! Checking, Broncho Checking and Broncho Solution Checking accounts are not valid for this offer.
- $100 minimum opening checking deposit required to open account.
- Opening deposits may not be transferred from an existing MidFirst account.
- Accounts closed within 90 days of opening are not eligible for this promotion, may be subject to an account closing fee, and may forfeit the amount equal to the promotional account credit received.
- After your account has been opened, active, and in good standing for 90 days, and you have completed two of the four requirements, we will deposit the account credit into your new checking within 30 calendar days.
- New checking customers will receive a 1099-INT or applicable tax form for the value of the promotional account credit received.
Avoiding Fees
The easiest account to keep fee free is the M Checking account
M Checking $6 Monthly Fee
M Checking has a monthly fee of $6, this is waived if you have direct deposits totaling $250 or more per month or a minimum balance of $1,000.
Early Account Termination Fee
You’re not eligible for this bonus if you close your account within 90 days. Bonus will post within 30 days after this 90 days is up.
Our Verdict
This is an in branch only offer from what I understand, I think it’s quite deceptive to show the option to open an account online when that is the case. Probably the easiest things to do are the bill pays and debit card transactions (here’s some ideas on how to easily meet that requirement). I wouldn’t recommend the credit card option as that will certainly be a hard pull and their credit cards are useless.
They offer a bonus of $150 for those in AZ and have offered a bonus of $200 in the past so I’d probably wait for a better offer for this account before signing up. You can view a list of the bonuses we do recommend here.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank