MidFirst Bank is offering a checking account promotion with a $100 cash bonus that's similar to its last year's promotion. Details are listed in the bank's promotions page. To qualify for the bonus, you must open a new consumer checking by 12/31/2012. Also, 3 out of 5 of the following requirements must be met within 75 days of account opening:
- $250 minimum monthly recurring direct deposit
- 25 Visa Check Card transactions. Multiple swipes for the same transaction do not qualify.
- Complete 5 valid bill payments. A valid bill payment is defined as a bill payment to a third party vendor. Multiple payments for the same bill do not qualify.
- Open a new Performance Savings or a Company Club Savings account with $250 minimum opening deposit, or Titanium Money Market account with $5,000 minimum deposit.
- Get approved for a new MidFirst Visa Credit Card
Offer must be mentioned at account opening to qualify. There's also an online account application.
The bank also has a refer-a-friend bonus that pays $25 for each new customer.
Checking Account Options
MidFirst Bank offers several types of checking accounts. You can compare them in this MidFirst checking comparison table. One noteworthy checking account is the bank's iManage eChecking. It's a reward checking account with a 1.21% APY for balances up to $20K (as of 9/11/2012). It has the typical reward checking requirements. However, it's a free account with no monthly service fees regardless of meeting these requirements.
The bank also offers a typical free checking account with no monthly service fees.
Only Arizona and Oklahoma residents are eligible to open accounts. Accounts can be opened online or at a branch. MidFirst Bank branches are located in the Phoenix metro area of Arizona and in several cities of Oklahoma including Yukon, Oklahoma City, Shawnee and Tulsa.
MidFirst Bank is a sizable bank with $9.84 billion in assets. The bank has an overall health score of 4 stars (out of 5) with a Texas Ratio of 19.58% (average) based on June 2012 data. Please refer to our financial overview of MidFirst Bank for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 4063).
Other Bank and Credit Union Bonuses
We have a bank promotions page with a table of all of the active bank and credit union promotions. You can filter the table based on the type of promotion and based on your state. I have more details about how to use this page in this blog post.