Independent Bank Promotion: $200 Checking + $50 Referral Bonus [MI, OH] – Ends 6/30/25

Open a new checking account at Independent Bank to earn up to a $200 cash bonus. To qualify, you need to set up a regular direct deposit and keep $500 in your account for 60 calendar days. Plus earn $50 for each friend or family member you refer.

Read here for more offers from the bank.

• Update 3/26/25: The offer is also now available in OH. The expiration date is June 30, 2025.
• Update 4/5/24: The checking account offer increased from $100 to $200.

Independent Bank $200 Checking + $50 Referral Bonus

• What you’ll get: Up To $200
• Where it’s available: MI
• How to earn it:
  • Open a new checking account and complete the following requirements:
    • Earn $100:
      • Set up a recurring direct deposit to your new checking account
      • Maintain a balance of $500 for 60 calendar days
    • Earn an additional $100:
      • Swipe your new debit card 15 times each month for the first 90 calendar days of opening your account.
  • Also, get $50 for each friend and family you refer to the bank.
• When it expires: 6/30/25

READ MORE: GET TOP BONUSES FROM CHASE, AXOS, AND BMO.

Waive The Monthly Fee

There is a $2 paper statement if eStatement isn’t selected. Otherwise, there is no monthly fee with their personal checking account.

Fine Print

• Subject to 1099-INT reporting.
• Offer paid out within 60 calendar days of qualification.
• Valid for new checking account customers only.
• Cannot be combined with any other offer.
• Account must be in good standing to receive the bonus.
• Fee may reduce earnings.
• $10 minimum deposit is required for all accounts at account opening.
• Accounts are subject to standard account opening guidelines.
• Other fees and restrictions may apply. 

Bottom Line

The bank previously offered $250 for a new checking account.

Posts History:

• Independent Bank Up To $200 Checking and $50 Referral Offers [MI] – Ended

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.