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Switch To First Merchants

Switch Your Checking Account to First Merchants

Free mobile app. Free online banking. And up to $200 free.

Open an account online now using promo code 21CKSPRING.

OPEN AN ACCOUNT ONLINE

 

Switch banks & earn up to $200

 

Open Your Account Today!

Choose your new First Merchants checking account and earn up to $200*

 

Earn $200 with a new Elite Checking account. Designed for our clients who value a comprehensive, whole bank relationship and maintain large balances, this account earns our highest interest and special benefits. 

How to keep it free:
• Maintain $15,000 minimum combined personal deposit balances.
• Otherwise, $20 monthly maintenance fee.

 

Earn $100 with a new Advantage Checking account. An interest-bearing account with special benefits created for clients who are frequent debit card users, receive monthly direct deposits or retain a balance. Free for seniors. 

How to keep it free:
• Make one direct deposit of at least $500 monthly2 OR
• Make 15 debit card transactions per month OR
• Maintain $1,500 minimum combined personal deposit balances.
• Otherwise, $15 monthly maintenance fee.


Earn $50 with a new Carefree Checking account. Great for clients who want a simple, easy account that includes all of our free features. 

How to keep it free:
• Make one transaction per month2 OR 
• Maintain $100 minimum combined personal deposit balances. 
• Otherwise, $5 monthly maintenance fee.

Earn $50 with a new Simple Access Checking account. Make an appointment with a banking center teammate today to learn more about this checking account.

Account Details:
• $25 minimum opening deposit
• $4 monthly fee

Requirements to Earn Promotion

  • Must complete 15 transactions within 60 days of account opening.
  • Must have a direct deposit of at least $500 within 60 days of account opening.
  • Must use promo code 21CKSPRING.
  • Must not have closed a personal checking account within 180 days of the promotion start date (on or after April 15, 2021)
  • Offer valid for new First Merchants personal checking accounts opened from April 15, 2021, through July 31, 2021.
  • Offer valid only for households with no current First Merchants Bank checking accounts.
  • Cannot be combined with other offers.

Save Time & Bank from Home. Or Anywhere.

Free Features of All Checking Accounts

  • Over 25,000 free ATMs nationwide with MoneyPass
  • Free overdraft protection transfers from any linked account
  • Free highly rated mobile app
  • Free online banking
  • Free enhanced Mastercard Debit Card with ID Theft Protection

TO BE ELIGIBLE TO PARTICIPATE IN THE PROMOTION: You must be a new First Merchants personal checking account holder. Account holders with an existing personal checking account with First Merchants (either as the primary or secondary account holder) are not eligible. You must not have closed a personal checking account within 180 days of the promotion start date (on or after April 15, 2021). The primary account holder of the participating checking account must be 18 years old or older at the time of account opening and reside in Indiana, Ohio, Illinois or Michigan. First Merchants employee accounts are not eligible for this promotion.

OFFER INFORMATION: Get up to $200 for opening a new First Merchants checking account. Earn $50 for opening a new Carefree Checking Account or Simple Access Account, or earn $100 for opening a new Advantage Checking Account or First Direct Checking Account, or earn $200 for opening a new Elite Checking Account, and by completing 15 transactions and one direct deposit of at least $500 within 60 days of account opening. Offer valid for new First Merchants personal checking accounts opened from April 15, 2021, through July 31, 2021.  Enrollment in the promotion is required. (See Account Opening & Enrollment Instructions below.)

REWARD PROCESSING: After meeting the qualification requirements, the applicable reward will be credited to the new checking account up to 8 weeks after all qualifications are met. 'Branch Checking Offer Reward" will appear on the monthly checking statement when the reward is credited to the account holder's checking account. The reward amount will be based on the type of checking account open when First Merchants verifies that all promotional offer qualifications have been completed. This promotion is only applicable once per client. First Merchants may report the value of any reward received through any offer to the Internal Revenue Service as required by law. Any applicable taxes are the responsibility of the recipient. In the event that we determine in our sole discretion that your account does not meet the eligibility criteria or the activity on your account does not qualify to meet the required conditions, we will not be obligated to credit your account with the reward payout.

ACCOUNT CLOSING FEE: If the checking account is closed by the client or First Merchants Bank within six months after opening, you will be charged up to the full amount of the bonus for the early close fee (up to $200).

OTHER TERMS: Minimum account opening deposit for a new checking account is $100 (First Direct Checking accounts can be opened without a minimum opening deposit and Simple Access Checking accounts can be opened with $25). The offer is non-transferable and may not be combined with any other offers. This offer is subject to change and may be discontinued at any time.

2Q Consumer Checking Acquisition Annual Percentage Yield Table

Interest rates are subject to change. Rates are tiered based on account balance, subject to change and determined by the bank. The minimum account balance to obtain APY is $0.01. Fees may reduce your earnings. *Direct Deposit: A qualifying direct deposit is an electronic credit to your account by your employer or an outside agency. Transfers from one account to another, or deposits made at a banking location or ATM, do not qualify as a direct deposit.

1Multiple deposits of less than $500 will not qualify to waive monthly maintenance fee.

2Excludes bank service fees and charges, transaction must post during statement cycle.

ACCOUNT OPENING & ENROLLMENT INSTRUCTIONS: Visit a First Merchants banking center to open your new First Merchants account and ask the First Merchants representative to enroll you in the "21CKSPRING Checking Offer." Or open your First Merchants account online at www.FirstMerchants.com and enter the promo code “21CKSPRING” in the promotion box. Simple Access Checking Accounts must be opened in a banking center (i.e., this product is not available online).