Home / Personal / Banking / Checking / Earn $100

Get more POWER out of your checking account

For a limited time, we’re offering new customers $100 when you open a Power Checking account and qualify for the Power Rate1.

You’re the One® who needs more POWER!

Power Checking is a rewards account that pays a higher rate of interest2 and up to $15 in ATM fee refunds3 when you meet these three simple requirements each monthly qualification cycle.

  1. Receive monthly Online Secure eStatements
  2. Have at least 10 check card transactions post and clear (excludes ATM and PIN-based transactions)
  3. Have at least one direct deposit, automatic debit from a third party, or an online bill payment transaction post and clear

The account is eligible for free online banking, free online bill pay, free mobile banking, free mobile deposit4, and a no issuance fee Visa Check Card with an opportunity to upgrade to a customized OneCard5.  Plus, our Easy Switch kit makes moving your account to a MidWestOne a breeze!

This is a limited time offer, so open your account soon!

To take advantage of this special $100 offer1, open a new Power Checking account at any MidWestOne Bank location, or online,  between May 30 and June 30, 2015.  We will open your account and tell you more about the account features and other benefits of banking with MidWestOne.  If you have questions, please call us at 800.247.4418.


1 Offer available and valid only for a new Power Checking account opened at a MidWestOne Bank location or at MidWestOne.com between May 30, 2014 and June 30, 2015 with a minimum checking account opening deposit of $100 or more with funds new to MidWestOne Bank.  Offer not available to existing MidWestOne Bank customers with an open checking account as of May 30, 2015.  To receive the $100 bonus, the Power Checking qualifications must be met during at least one qualification cycle by August 20, 2015.  Opening deposits must be received and posted to the account no later than June 30, 2015.  Limit one bonus per household.  Bonus cannot be combined with any other offers.  Account must have a positive balance as of August 20, 2015, to be paid any bonus.  Bonus will be paid to the open checking account in good standing between August 21 and August  28, 2015.  Any account that meets the eligibility requirements as of August 20, 2015, but is not in an open status when the bonus is paid, will not receive the bonus.  Offer does not apply to second or multiple checking accounts.  Any applicable taxes associated with this offer are the responsibility of the account holder.  To the extent required by law, MidWestOne Bank will report total value of this offer to the IRS on Form 1099 for tax year 2015.  All accounts are subject to MidWestOne Bank’s standard terms and conditions and fee schedule.  MidWestOne Bank may discontinue this offer at any time without notice.

2 Rates as of May 30, 2015 and subject to change at any time without noitce:

            Qualifying balances of $0.00-$25,000.00: 1.50% Annual Percentage Yield (APY), 1.49% Interest Rate

            Qualifying balances of $25,000.01 and above: $1.50% to 0.10% APY, 0.10% Interest Rate

            Non-qualifying Rate: 0.05% APY, 0.05% Interest Rate

3 ATM fee refunds up to $15.00 per qualification cycle will be made for domestic ATM surcharges paid as well as ATM usage fees.  ATM surcharges greater than $4.99 are not automatically refunded and require the presentation of a receipt for refund.

4 Mobile app and service are free.  Message and data rates may apply from your wireless carrier.

5 OneCard is a customizable Visa Check Card.  There is an initial $10.00, plus tax, fee for a new OneCard.