Get updated promotions and bonuses from Macatawa Bank here. Typical promotions have been for $100 to $200.
Established in 1997 and headquartered in Holland, Michigan, Macatawa Bank has around 30 locations in the state.
I’ll review the current promotions below.
Macatawa Bank $50 Referral Bonus For Personal/Business Checking
A new referred personal or business Checking account can earn you a $50 bonus. Your referrals will also be able to earn up to a $100 bonus by meeting the requirements.
- Referral bonus offer expires December 31, 2022
- Offer only available in Michigan
- Application will trigger a Soft Pull, which does not affect your credit
- Monthly fees can be waived
- Direct deposit is not required for the bonus offer
How To Earn The $50/$100 Bonus
- Referrer must have a Macatawa Bank checking account to participate. If they do not have one, one must be opened to receive the bonus.
- Individuals can earn up to $550 per year for referrals.
- For your $50 bonus, fill out the form on the offer page, check your email for a code, then share your code with your friends and family. When your friend or family member uses your referral code when opening a personal or business checking account, Macatawa will deposit $50 into your checking account.
- Your friend gets rewarded too — up to $100. When they open a new personal or business checking account at Macatawa Bank using your referral code Macatawa will deposit $25. If they open a Macatawa Bank Debit Card and make at least 10 debit card transactions within 60 days of account opening they qualify for an additional $75.
- $50 Referrer bonus payment will be deposited within 90 days of your referral opening a qualified account (Rebound Checking is not eligible).
- Macatawa reserves the right to disqualify any referrals where they reasonably believe were not sent to them in good faith.
- To be eligible, $25 (personal) or $50 (business) account minimum opening balance requirement must be met at time of account opening; account must be opened with funds not currently on deposit with Macatawa Bank and account holder must not have been a signer on a checking account with Macatawa Bank during the past 90 days.
- $25 Referee bonus payment will be deposited within the first 90 days of account opening.
- $75 Referee Debit card use referee bonus will be credited after the 3rd statement cycle.
- Bonus payments will only be paid to accounts that are in good standing with the bank.
- Account openings are subject to normal approvals.
- Must present coupon/code at time of opening.
- Limit one offer per household/business.
- Bonuses subject to IRS tax reporting and will be added as interest on your year-end statement of earnings.
- By participating in the Refer a friend program you recognize that whomever you refer or whoever referred you will have knowledge that you have an account with Macatawa Bank.
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