Find the newest Midland States Bank promotions, bonuses, and offers here.

Update 9/6/24: The $250 checking bonus is now available through 11/15/24.

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

(Expires 11/15/2024)

Fine Print

• Offer ends November 15, 2024.
• 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 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.