Update 7/18/26: The bonus is now $400 (was $160) so significantly better than before. Hat tip to the reader Bockrr
Update 5/1/23: Extends through June 30, 2023.
Update 2/27/23: Also available in NY, OH, IN
Update 6/2/23: The deal has been extended through 4/30/2023.
Offer at a glance
Offers
- Northwest Bank offers a $400 bonus when you open a new qualifying checking account and meet the following requirements:
- Use promo code GET400
- make direct deposits totaling $1,000 or more in a single statement cycle within the first 3 statement cycles of account opening
Fine Press
- To qualify for the $400 checking bonus, you must open a Northwest Affinity Checking, Affinity Plus Checking, or Affinity Premier Checking account using promo code GET400 by 12/31/2026 and make direct deposits totaling $1,000 or more within a single opening statement cycle within the first 3 opening statement cycles.
- The account can be opened online or by bringing this email with the promotional code to a financial center; Promo code must be entered at account opening.
- A qualified Direct Deposit is an Automated Clearing House (ACH) credit, which may include payroll, pensions, or government payments (such as Social Security).
- To receive the bonus, you must meet the deposit requirements and your checking account must be open at the time the bonus is paid. Once all qualifying activity requirements have been fully met and verified, the bonus will be deposited into your new account, usually within 30 days of the statement cycle in which you meet the requirements.
- Offer not available to existing Northwest checking account customers or those with a Northwest checking account that has been closed within the last 12 months.
- Northwestern Bank reserves the right to limit each customer to one new bonus linked to the account for one calendar year. Eligibility may be limited based on your account type and ownership role. The bonus is subject to IRS 1099-INT or, if you do not have a Social Security Number or Individual Taxpayer Identification Number, the bonus will be reported on IRS Form 1042-S.
- Employees of Northwest Bank, its subsidiaries and affiliates are not eligible for this offer.
- Cannot be combined with any other offer.
- Offer subject to change, including cancellation, at any time without notice.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
Affinity Check has no monthly fees to worry about.
Early account termination fee
$25 fee acc fee schedule180 days.
Our verdict
You need to know if this is a hard or soft pull to open.
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