First Midwest Bank Promotions: $500 Business Checking Bonuses [IL, IN, IA, WI]

Open and fund a new Essential, Essential Plus, or Essential Deluxe Business Checking Account with $100 minimum deposit in new money to the bank and complete the following:

• Make 15 debit or credit transactions within the first three statement periods
• Maintain a $2,500 average collected balance for the first three statement periods
• Check your account balance on Business Express platform within the first 60 days

• Free Business Express Online Banking with Bill Pay and Business Mobile Banking, including Mobile Check Deposit
• Free Business Mastercard® debit card with chip technology
• Free transactions at any First Midwest ATM and more than 55,000 Allpoint® ATMs worldwide
• Access to business solutions to help manage your cash flow

• ESSENTIAL BUSINESS CHECKING
  • Monthly Fee: $0 or $15
    Avoid fee with $1,500 minimum in average collected balance
• ESSENTIAL BUSINESS CHECKING PLUS
  • Monthly Fee: $0 or $20
    Avoid fee with $2,500 minimum in average collected balance
• ESSENTIAL BUSINESS CHECKING DELUXE
  • Monthly Fee: $0 or $75
    Avoid fee with $75,000 minimum in average collected balance in combined business deposit accounts

• New money is defined as funds not on deposit at First Midwest Bank within the last 90 days.
• Account opening subject to First Midwest Bank approval in its sole discretion.
• Proper identification and verification of business status is required.
• Once all requirements have been met, $500 credit will be issued as a credit to the account approximately 120 calendar days after account opening.
• The account must be open with a balance greater than zero on the day of bonus processing to receive the $500 credit.
• Promotional credit may be subject to IRS 1099-INT form reporting and may be considered taxable as interest income to you.
• Consult your tax advisor.
• Limit of one bonus per client, regardless of the number of accounts and includes all entities owned by or associated with client.
• Thus even if client has multiple accounts or has ownership in one or more entities, only one bonus will be paid to all of these collectively. 
• If multiple accounts are opened with the same signers, only one account will be eligible for the premium.
• Limit of one bonus per mailing address.
• Offer is not available to existing First Midwest Business checking clients (including authorized signers on multiple accounts), accounts that have been closed within the past 12 months, business clients who received a promotional bonus in the last 24 months or First Midwest colleagues.
• This offer is subject to change and may be discontinued at any time.
• Bonus is not available to local, state, or federal government entities or agencies.
• Offer available to businesses located within Illinois, Indiana, Iowa, and Wisconsin and must be opened inside the branch only.

Open a new checking account and complete the following:

• Make deposits totaling $2,500 or more
• Make 10 debit card transactions of $25 or more
• Enroll in online banking and e-statements
• Check your account balance on our mobile app

Waive the $7.49 monthly fee for the Easy Checking Account by:

• Maintain $100 average daily balance in Checking; OR
• Make qualifying deposits totaling $100 or more per statement period; OR
• Be at least 65 years of age

• Once all requirements have been met, a $300 bonus will be issued as a credit to the account approximately 120 calendar days after account opening in branch or online.
• If the account is closed or does not have a balance greater than zero on the day of bonus processing, the $300 credit will not be issued.
• Promotional credit may be subject to IRS 1099-INT form reporting and may be considered taxable as interest income to you.
• Consult your tax advisor. Offer only available to residents of Illinois, Indiana, Iowa, and Wisconsin.
• Offer may be changed or withdrawn at any time without notice.
• Limit of one bonus per client, regardless of the number of accounts opened.
• Offer is not available to existing First Midwest Personal checking clients (either as the primary or joint account holder), accounts that have been closed within the past 6 months, clients who received a promotional bonus in the last 12 months or First Midwest colleagues.