UPDATE: Level One Bank is now First Merchants Bank.
This page is updated with current Level One Bank promotions, bonuses and offers for their Checking and Savings accounts. Typical promotions have been available for $100, $200 and $300.
Level One Bank is headquartered in Farmington Hills, Michigan and was established in 2007. They have 12 locations in the Michigan area.
READ MORE: GET TOP BONUSES FROM CHASE, AXOS, BANK OF AMERICA, TD BANK, AND BMO.
Level One Bank offers Checking, Savings and Money Market accounts. Rates for their Savings and Money Market accounts can’t compete with the best in the nation though.
Level One Bank Promotions Review Below
[Expired] Level One Bank $100 Checking Account Promotion
Apply for a new personal checking account and set up direct deposit to earn this $100 bonus with Level One Bank.
- $100 bonus has no listed expiration date and can end at any time
- Use promotion code: PC100
- Eligible Checking accounts: My Free Checking, My Value Checking, My Interest Checking, Level One @ School Checking, Veteran Checking
- Application will trigger a Soft Pull, which does not affect your credit
- Direct deposit is required to earn the offer
- Monthly service fees can be waived (see below)
How To Earn Your $100 Bonus
- Open a qualifying Checking account online with promo code “PC100” or down the offer for an in-branch visit.
- Establish a direct deposit into your new account within 90 days. No minimum direct deposit account stated.
- They’ll deposit $100 into your new account after it’s been opened 91 days
Waive The Monthly Fee
No monthly service fee with this account.
Monthly Service Fee: $5
No monthly service fee when you sign-up for direct deposit and eStatements. ($3.00 service fee refund with direct deposit and/or $2.00 service fee refund with eStatements)
Monthly Service Fee: $10
No monthly service fee with $5,000.00 average monthly balance or $25,000.00 average monthly deposit relationship balance or ownership of a business deposit account at Level One Bank.
$3 paper statement fee
No monthly service fee with eStatements.
Monthly Service Fee: $3
No monthly service fee with a combined direct deposit of $500.00 or more per month.
Fine Print
- Offer effective 3/4/2019 and subject to change or cancellation at any time.
- Not available to existing personal checking clients or those whose accounts have closed within 90 days or closed with a negative balance.
- One offer per customer.
- Must visit www.levelonebank.com to obtain offer.
- Offer must be presented at time of account opening.
- For in-branch opening, offer can be printed or presented on mobile device.
- For online opening, promotional code must be entered in the application.
- Bonus is considered taxable income and will be reported to the IRS on your 1099-INT form.
Bottom Line
Just a few locations available for Michigan residents and the value is low compared to all the other top bank offers available. Worth a look if you’re near a branch.
[Expired] Level One Bank $100 Business Checking Bonus
- What you’ll get: $100 bonus
- Where it’s available: MI
- How to earn it:
- Get $100 when you open a new business checking account and maintain monthly balances of $1,500.
- When it expires: Not listed
How To Earn The Bonus
Get $100 when you open a new business checking account and maintain monthly balances of $1,500.
The Small Business Checking account has no monthly fees.
- Offer is effective 3/4/2019 and subject to change or cancellation at any time.
- Not available to existing business checking clients or those whose accounts have closed within 90 days or closed with a negative balance.
- Not available to public funds or IOLTA checking clients.
- Offer is not eligible if you are a signer on an existing Level One business checking account.
- If multiple accounts are opened with the same signer, only one account will be eligible for the offer.
- Must present offer at time of account opening; can be printed or shown on mobile device.
- Bonus is considered taxable income and will be reported to the IRS on your 1099-INT form.
- To get $100: Open a new business checking account and maintain average monthly balances of $1,500 for the first 90 days.
- They will deposit $100 into your checking account after it has been opened 91 days.
- Minimum deposit of $100 is required to open a business checking account.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
Hi Tony, isn’t this offer expired? The Promo code FallPromoOAO2016, itself says it is of year 2016. Could you double confirm please?
Vikas,
That is definitely an outdated offer.
Hi Tony, Thank you for reply. As I rely on your page for all the Bank offers, can we remove the one which are outdated, so that it doesn’t create any confusion.