Find the newest Midland States Bank promotions, bonuses, and offers here.
Currently, they are offering a $250 bonus when opening a new checking account and completing the following activities.
Midland States Bank Promotions
Midland States Bank is currently the 7th largest bank in the state of Illinois and the 208th largest bank in the nation. Established in 1881, the bank takes heart in providing their clients with world-class service. Midland States Bank has an A health rating.
I’ll go over Midland States Bank offers below.
Midland States Bank $250 Checking Bonus
- What you’ll get: Up to $250 bonus
- Availability: IL, MO (Branch Locator)
- Direct Deposit Requirement: Yes, $1,500+
- Credit Inquiry: Soft Pull
- Monthly Fees: None
- Early Termination Fee: A $40 fee will be charged when account is closed within 180 days after opening.
- How to earn it:
- Open a new LivTM Simply, LivTM Rewarded, or LivTM Unlimited checking accounts AND complete the following activities within 90 days of account opening:
- Earn $150: Have direct deposits via ACH totaling $1500 or more
- Earn $70: Have 20 debit posted card transactions
- Earn $30: Enroll in E-Statements
- Open a new LivTM Simply, LivTM Rewarded, or LivTM Unlimited checking accounts AND complete the following activities within 90 days of account opening:
(Expires 12/31/2023)
U.S. Bank Smartly® Checking ($700 Bonus) | Chase Total Checking ($300 Bonus) |
Truist Checking ($400 bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Momentum® Checking ($200 Bonus) | SoFi Checking and Savings Account ($325 Bonus) |
Fine Print
- Offer ends December 31, 2023.
- In order to be eligible for this limited-time offer, you must be 18 years or older at the time of account opening, 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.
- Minimum opening balance for Liv Checking Accounts is $50.
- 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 or view our Truth in Savings for additional details.
- Member FDIC.
How To Avoid Monthly Fees
- Liv Unlimited: $0 per month when you have a daily balance of $5,000 or more. Otherwise, $10.
- Liv Simply: $0, with electronic statements. $3 per month with paper statements.
- Pro Essential: None
- Pro Interest: $15, Fee is reduced by the interest credited to the account or maintaining the minimum balance requirement.
Author’s Verdict
If you are looking to open a new checking account in the qualifying areas, Midland States Bank may be the bank for you. Their current bonus is simple and easy to earn.
Looking for more bank bonuses? You can find a full list of the best bank promotions here. Also, remember to bookmark this page to find an updated list of Midland States Bank promotions here.
However, although Midland States Bank offers great promotions, their Savings and CD accounts won’t offer the best rates. Therefore, be sure to take a look at our reviews for best Savings Rates as well as the best CD Rates.
PROMOTIONAL LINK | OFFER | REVIEW |
U.S. Bank Smartly® Checking | $400 Cash | Review |
Chase Private Client | $3,000 Cash | Review |
U.S. Bank Business Checking | $800 Cash | Review |
U.S. Bank Business Checking | $350 Cash | Review |
Chase Business Complete Checking® | $300 Cash | Review |
KeyBank Checking | $200 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $275 Cash | Review |
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 |
Fifth Third Bank Checking | $200 Cash | Review |
Axos Bank Rewards Checking | $300 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
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