Find an updated list of New Mexico Bank & Trust promotions, bonuses and offers here.
Currently, New Mexico Bank & Trust has a $150 and $400 bonus when you open a qualifying checking account.
About New Mexico Bank & Trust Promotions
New Mexico Bank & Trust is headquartered in Albuquerque and is the largest bank in the state of New Mexico. It was founded in 1998, has grown to 17 locations, and boasts an A health rating. If you do not meet the residency requirements, you can still earn bonuses through our own nationwide list of bank bonuses.
New Mexico Bank & Trust does not have the most competitive CD and Savings Rates. That being said you should check out our full list of Bank Rates and CD Rates.
I’ll review the New Mexico Bank & Trust Promotions below.
New Mexico Bank & Trust $150 or $400 Checking Bonus
New Mexico Bank & Trust is offering a $150 or $400 bonus when you open a new qualifying checking account
- What you’ll get: $150 or $400 bonus
- Account Type: Checking Account
- Availability: NM
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Direct Deposit Requirement: Yes (see what works)
- Credit Card Funding: Unknown
- Monthly Fee: $0-$12; waivable
- Household Limit: One per customer
- Closing Account Fee: Closed within 90 days, $25 fee
(Limited time offer)
BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
- $150 Free Checking with eStatement Bonus:
- To receive the $150.00 bonus, you must have 2 direct deposits made into this account. Each direct deposit must be at least $300.00 or more, posted to this account within 90 calendar days of opening.
- $400 Platinum Checking Bonus:
- To receive the $400.00 bonus, you must have accumulated a total of $7,500.00 or more in direct deposits made into this account, within 90 calendar days of opening.
- Eligibility Requirements: This offer is for new consumer checking customers only. Existing customers with loans, savings, or business checking accounts are eligible for the offer. You are not eligible for this offer if: (1) You are a current New Mexico Bank & Trust, a division of HTLF Bank consumer checking account primary or joint owner or (2) You have received a bonus for opening New Mexico Bank & Trust, a division of HTLF Bank consumer checking account within the past 12 months. Bonus Requirements: To receive the $400.00 bonus, you must have accumulated a total of $7,500.00 or more in direct deposits made into this account, within 90 calendar days of opening. If the 90th calendar day falls on a weekend or holiday, the following business day will be used to qualify for the promotion. A qualifying direct deposit is an ACH (Automated Clearing House), automatic electronic deposit of your salary, pension, Social Security, or other regular income into your bank account. Confirm with your employer, agency or company making these payments that they use the ACH network. Transfers from one account to another, mobile deposits, Person to Person payments (such as Zelle®) or deposits made at a branch or ATM do not qualify as a direct deposit. Bonus Payment: All bonus dollars will be paid within 5 business days after the qualification requirements are met and will be deposited into the newly opened Platinum Checking account. Closing the account will negate any unearned or unpaid bonus. The bonus will be paid to the account opened first if multiple checking accounts are opened during the promotional bonus period under the same primary owner’s name. There is a limit of one bonus per new consumer account relationship. An IRS 1099 form may be issued. You are responsible for any federal, state, or local taxes due on the bonus and will report income to the tax authorities if applicable. Consult your tax advisor. Additional Terms and Conditions: The offer may be discontinued or changed at any time without notice. Geographic restrictions may apply. Account opening is subject to approval.
- Eligibility Requirements: This offer is for new consumer checking customers only. Existing customers with loans, savings, or business checking accounts are eligible for the offer. You are not eligible for this offer if: (1) You are a current New Mexico Bank & Trust, a division of HTLF Bank consumer checking account primary or joint owner or (2) You have received a bonus for opening a New Mexico Bank & Trust, a division of HTLF Bank consumer checking account within the past 12 months. Bonus Requirements: To receive the $150.00 bonus, you must have 2 direct deposits made into this account. Each direct deposit must be at least $300.00 or more, posted to this account within 90 calendar days of opening. A qualifying direct deposit is an ACH (Automated Clearing House) automatic electronic deposit of your salary, pension, Social Security, or other regular income into your bank account. Confirm with your employer, agency or company making these payments that they use the ACH network. Transfers from one account to another, mobile deposits, Person to Person payments (such as Zelle®) or deposits made at a branch or ATM do not qualify as a direct deposit. If the 90th calendar day falls on a weekend or holiday, the following business day will be used to qualify for the promotion. Bonus Payment: All bonus dollars will be paid to the newly opened Free Checking with eStatement checking account. All bonus dollars will be paid within 5 business days after the qualification requirements are met and will be deposited into the new checking account. Closing the account will negate any unearned or unpaid bonus. The bonus will be paid to the account opened first if multiple checking accounts are opened during the promotional bonus period under the same primary owner’s name. Limit one bonus per new consumer account relationship. An IRS 1099 form may be issued. You are responsible for any federal, state, or local taxes due on the bonus and will report income to the tax authorities if applicable. Consult your tax advisor. Additional Terms and Conditions: The offer may be discontinued or changed at any time without notice. Geographic restrictions may apply. Account opening is subject to approval.
New Mexico Bank & Trust $600 Checking Bonus (Expired)
New Mexico Bank & Trust is offering a $600 bonus when you open a new Signature Series Checking Account.
- What you’ll get: $600 bonus
- Account Type: Checking Account
- Availability: NM (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Direct Deposit Requirement: Yes, 2 direct deposits of $1,000+ (see what works)
- Credit Card Funding: Up to $2,000. No American Express.
- Monthly Fee: $9; can be waived
- Household Limit: None
- Closing Account Fee: $25 + bonus forfeit, 90 days
(Expires 08/18/2023)
BMO Smart Money Checking ($300 cash bonus) | KeyBank Checking ($300 bonus) |
Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($300 bonus) |
HSBC Premier Checking (Up to $2,500 Cash Bonus), |
How To Earn $600 Checking Bonus
- Open a Signature Series Checking Account.
- To receive a $300.00 bonus, you must have a balance of at least $50,000.00 or more in your new checking account 60 calendar days after the account open date.
- To receive a $300.00 bonus, you must have two direct deposits made into this account. Each direct deposit must be at least $1,000.00 or more posted to this account within 60 calendar days of account opening.
- Eligibility Requirements: This offer is for new consumer checking customers only.
- Existing customers with loans, savings, or business checking accounts are eligible for the offer.
- You are not eligible for this offer if: (1) You are a current NewMexico Bank & Trust consumer checking account owner. (2) You have received a bonus for opening a NewMexico Bank & Trust consumer checking account within the past 12 months. (3) You are a NewMexico Bank & Trust employee.
- Bonus Requirements: To receive a $300.00 bonus, you must have a balance of at least $50,000.00 or more in your new checking account 60 calendar days after the account open date.
- To receive a $300.00 bonus, you must have two direct deposits made into this account.
- Each direct deposit must be at least $1,000.00 or more posted to this account within 60 calendar days of account opening.
- A qualifying direct deposit is an ACH (Automated Clearing House), automatic electronic deposit of your salary, pension, Social Security, or other regular income into your bank account.
- Confirm with your employer, agency or company making these payments that they use the ACH network.
- Transfers from one account to another, mobile deposits, Person to Person payments (such as Zelle®) or deposits made at a branch or ATM do not qualify as a direct deposit.
- If 60th calendar day falls on a weekend or holiday, the following business day will be used to qualify for the promotions.
- If the account is closed by the customer or bank within 90 business days after opening, a $25.00 account closing fee may apply.
- Bonus Payment: All bonus dollars will be paid to the newly opened Signature Checking account.
- All bonus dollars will be paid in November 2023 and completed by November 30th, if the qualification requirements are met, and will be deposited into the new checking account.
- Closing the account before bonus payout will negate any unearned or unpaid bonuses.
- The bonuses will be paid to the account opened first if multiple checking accounts are opened during the promotional bonus period under the same primary owner’s name.
- Limit one bonus per new consumer account relationship.
- An IRS 1099 form may be issued.
- You are responsible for any federal, state, or local taxes due on the bonus and will report income to the tax authorities if applicable.
- Consult your tax advisor.
- Additional Terms and Conditions: Offer expires August 18, 2023.
- Geographic restrictions may apply.
- Account opening is subject to approval.
New Mexico Bank & Trust $50 Referral Bonus (Expired)

Earn a $50 referral bonus with New Mexico Bank & Trust
New Mexico Bank & Trust offers a $50 bonus for every successful referral that you bring.
- Account Type: Consumer Checking Account
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Opening Deposit: $25
- Credit Card Funding: Unknown
- Direct Deposit Requirement: Yes
- Monthly Fee: Yes
- Household Limit: One per customer
- Closing Account Fee: Closed within 90 days, $25 fee
(Expires April 30, 2020)
BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn $50 Checking Bonus
Simply provide the referral form to a friend (or two) and have them bring to the nearest New Mexico Bank & Trust Banking Center to open a new account, and we will deposit $50 into your account.
- Coupon also services as a one-time waiver of my privacy rights as detailed in the bank’s privacy policy as the referral source will be aware of this account opening.
- Must be a new customer and new money.
- $50 credit may be considered reportable on IRS 1099 form.
- Cannot be combined with any other offers. Member FDIC.
How To Avoid Monthly Fees
- Platinum Checking: $12, can be waived with balance of $7,500
- Free Checking: There are no monthly service fees
- Check Free Banking: $5 monthly fee
- Signature Series Checking: $9, can be waived with balance of $50,000
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Bottom Line
Make sure you check out New Mexico Bank & Trust to learn more about the bonus promotion. Additionally, this promotion offers you a fair variety of choices to best improve your own banking experience with great features and services. On top of that this promotion triggers a soft pull so I really recommend it.
We value your feedback and will continue to report over the latest bank offers nationwide. Definitely check back as we will keep improving our site to help you guys save big.
I’m considering opening a checking account with New Mexico Bank & Trust. Can you tell me if the $200 bonus is still available? Thanks!
Direct Deposit and the $70 D.D. bonus are optional. I got this information by asking a Senior Personal Banker when I opened an account.