Refer your friends to First Merchants Bank to earn a $50 bonus once they meet the eligible requirements.
First Merchants Bank $50 Referral Bonus

- Availability: IN, IL, OH
- Expiration: None listed
- Credit Inquiry: Soft Pull
- Credit Funding: Not stated
- Direct Deposit Requirement: Yes
- Monthly Service Fee: See below to waive monthly fees
- Early Termination Fees: None listed, check with CSR for more information
(No expiration date listed)
| KeyBank Checking ($300 bonus) | SoFi Checking and Savings Account ($325 Bonus) |
How to Earn Bonus
To qualify:
- Use the registration form on this page to provide your information and complete a referral.
- Provide contact information and a valid email address for the friends or family members you would like to refer or share an offer via social media.
- Your friends will receive an email notification containing registration instructions and offer requirements.
- Once your friend registers for the referral offer and completes the offer listed below, you will each receive a Mastercard® Reward Card.
- You can earn up to $500 per calendar year. Retail Referral Offer – $50 for you, $50 for them!
- Get a $50 Mastercard Reward Card when your friend registers, opens a new First Merchants Bank personal checking account with a deposit of $100 or more and completes the following qualification within 60 days of account opening:
- Complete 15 debit card transactions (Excluding ATM transactions)
Avoid Monthly Fees
- Elite Checking: Maintain $15,000 minimum combined personal deposit balances; otherwise, $20 monthly maintenance fee
- Advantage Checking: Make 15 debit card transactions or $500 direct deposits or maintain $1,500 minimum combined personal deposit balances; otherwise, $15 monthly maintenance fee
- Carefree Checking: Make one customer-initiated transaction per month or maintain $100 minimum combined personal deposit balances; otherwise, $5 monthly maintenance fee
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Author’s Verdict
The First Merchants Bank Referral Bonus is easy to earn, all you have to do is refer your friends. To find more bonuses, check out First Merchants Bank Promotions. Our full list of banking bonuses can be found here.
| PROMOTIONAL LINK | OFFER | REVIEW |
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| Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $100 Cash | Review |
| Axos Basic Business Checking | $200 Cash | Review |
| Axos Bank Business Premium Savings | $600 Cash | Review |






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