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[NE, IA, SD, MN] Northwest Bank $155 Checking Bonus – Doctor Of Credit

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Update 3/11/24: Now with an extra $55. Hat tip to Bockrr

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: To apply online, you must be 18 or older, a U.S. citizen or resident alien, and have a U.S. address within the states of Iowa, Nebraska, Minnesota or South Dakota
  • Direct deposit required: Unknown
  • Additional requirements: Unknown
  • Hard/soft pull:Soft pull
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: $50, 90 days
  • Household limit: None listed
  • Expiration date: None listed

The Offer

Direct link to offer

  • Northwest Bank is offering a bonus of $100 when you open a new checking account and complete the following requirements:
    • Meet with a Northwest Bank Personal Bank
    • Select 4 new products or services from the available list, they don’t provide the actual list

The Fine Print

  • Not available with any other cash back offer.
  • Cash incentive is only available when you meet with a Northwest Bank Personal Banker and select 4 new products or services from the available list.
  • Northwest Bank checking account is required.
  • The minimum opening balance of $10 is required to receive the bonus; bonus will be deposited into your Northwest Checking account within 7 business days of completing your banker meeting.
  • If you received the $100 bonus offer as a result of opening a new checking account, your new checking account is subject to an early account closing fee of $50 (if you close your new account within 90 days of account opening). 0.00% APY effective 6/1/2019. Member FDIC.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

They offer a free checking account with no monthly fees to worry about.

Early Account Termination Fee

$50 fee charged if closed within 90 days of account opening

Our Verdict

We don’t know what the available list is for the 4 items required, so impossible to say if this is a good or bad deal. I imagine it’s probably a bad deal because you need to go in branch and the bonus is only for $100.

Useful posts regarding bank bonuses:

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William Charles

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