Premier Bank $200 Bonus for New Checking Accounts (Select States)

Premier Bank $200 Bonus for New Checking Accounts

Premier Bank has a new promotion that can get you $200 cash for opening a new account. This offer is available in four states only, IN, MI, OH and PA. Let’s see how this $200 bonus from Premier Bank works.


Offer valid for new customers opening a simple current account. Receive $200 for the completion of:

  • 20 point-of-sale debit card transactions within 60 days of account opening AND
  • direct deposits totaling $1,000 or more into the account within 60 days of account opening.

Incentives will be deposited into your new checking account 120 days after opening the account and after meeting the corresponding requirements.


  • Offer available in IN, MI, OH, PA.
  • The offer is not available to existing Premier Bank checking account customers, those whose Premier Bank checking account has been closed within the last twelve (12) months, and employees of Premier Financial Corp. and members of their immediate family living in the same household.
  • Offer cannot be combined with another offer and only one offer valid per person and per calendar year.
  • One offer per household.
  • Must be 18 or older to open an online account.


Simple verification has no monthly fees.

An early closure fee will be charged if you close the account within 180 days.

Conclusion of the guru

We recently saw a $250 bonus, which was probably a better option considering you could still get $200 without a direct deposit. For this $200 bonus, you need to make 20 trades and $1,000 in direct deposits. It’s a bit too much work for a $200 bonus, but it’s still doable.

If this bonus is not for you, you can check out our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can read more about bank account rotation here.

Offer details

  • Prime: $200
  • Type of account: Simple verification
  • Availablity: IN, MI, OH, PA
  • Type of request: Soft draw
  • Credit card financing: No
  • Direct deposit requirement: 1K$ in 60 days
  • Other requirements: 20 debit transactions in 60 days
  • Monthly fee: No
  • Early Closing Fee: Yes
  • Expiration date: 07/31/22 09/30/22 03/31/23 09/30/23

excl. tax: credit doctor

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