Get a $200 bonus for a new checking account with this offer from mph.bank.
Update 1/9/2023: This $200 max offer replaces their previous $100 offer. Details below.
See the Posts History below for all offers from this institution.
mph.bank Checking Offer Details
- What you’ll get: $200 bonus
- Where it’s available: Nationwide
- How to earn it:
- Get $100 after opening any mph.bank Spend (checking) account AND setting up a monthly direct deposit AND maintaining an average balance of $1,000 for 3 consecutive months.
- Get another $100 for maintaining the same requirements above for an additional 9 consecutive months.
- When it expires: Not stated
Waive The Monthly Fee
The free account* is a digital checking account that has no fees.
*The Free account requires direct deposit to your account of at least $500 per month.
Fine Print
Offer not available to existing mph.bank Spend account customers or those who have closed a checking account in the last 12 months. Account must be in good standing (not be overdrawn) throughout the duration of the special.
Each reward will be deposited to your new account by the 30th day after meeting the requirements.
Average balance requirement starts the first full month following the month you open your account.
Early Pay is more commonly known as direct deposit. Direct deposits are defined as payments issued to you by your employer or any government entity on a regular basis. You must have a direct deposit set up for the account before the end of the first full month following the month you open your account. Access to funds for getting paid early can be up to two days prior to the date of the scheduled payment and is dependent on the submission of direct deposit by the payer. Standard fraud prevention restrictions apply.
Bottom Line
The initial $100 bonus will require direct deposits for 3 months. Then, the additional $100 requires another 9 months of direct deposits to earn. May not be worth it for many.
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