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 February 15, 2022). 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 $400 for opening a new First Merchants checking account. Earn $50
for opening a new Carefree Checking Account or Simple Access Account, or earn $150 for opening a new Advantage Checking Account or First Direct Checking Account, or earn $400 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. 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. Offer valid for new First Merchants personal checking accounts opened from February 15, 2022 through June 30, 2022. 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. “New 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 $400).
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.
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 “BANKOFFERS” Checking Offer." Or open your First
Merchants account online at www.FirstMerchants.com and enter the promo code “BANKOFFERS” in the promotion box.
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.
4Multiple deposits of less than $500 will not qualify to waive monthly maintenance fee.
5Excludes bank service fees and charges, transaction must post during statement cycle.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.