Take advantage of Northwest Bank of Rockford promotions, bonuses, and offers here!

Currently, the bank is offering $300 bonus when you sign up for a new checking account and meeting all the requirements.

Table of Contents

About Northwest Bank of Rockford Promotions

Northwest Bank of Rockford is headquartered in ROCKFORD and is the 120th largest bank in the state of Illinois. It is also the 2,104th largest bank in the nation. It was established in 1972 and as of March of 2023, it had grown to 57 employees at 4 locations. Northwest Bank of Rockford has a B+ health rating.

Northwest Bank of Rockford $300 Checking Bonus

Earn a $300 bonus when you open a new checking account and meet the qualifying requirements.

What you’ll get: $300 bonus
Account Type: Checking
Availability: IL (Locator)
Direct Deposit Requirement: Yes (see what works)
Credit Inquiry: Hard Pull or Soft Pull? Let us know.
ChexSystem: Unknown
Credit Card Funding: Unknown
Monthly Fees: None
Early Account Termination Fee: 90 days, bonus revoked
Household limit: None listed

$300 Bonus at Northwest Bank of Rockford

(Limited time offer)

You can compare this to several great entry level checking account offers:
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

HOW TO EARN BONUSFINE PRINT

Open a new checking account.
To receive a $300.00 bonus, you must have 3 direct ACH deposits made into this account and sign up for e-statements.
Each direct deposit must be at least $300.00 or more posted to this account within 90 calendar days of account opening.

Eligibility Requirements: This offer is for new consumer checking customers only.
Existing Northwest Bank customers with only a loan, a savings account and/or business checking account are eligible for the offer.
You are not eligible for this offer if: (1) You are a current Northwest Bank of Rockford customer and (2) you already have a consumer checking account with the bank (either in your own name or with multiple individuals). Minimum amount to open account may range from $25 to $100 depending on the account type.
To receive a $300.00 bonus, you must have 3 direct ACH deposits made into this account and sign up for e-statements.
Each direct deposit must be at least $300.00 or more posted to this account within 90 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 don’t qualify as a direct deposit.
If 90th calendar day falls on a weekend or holiday, the following business day will be used to qualify for the promotion.
If the account is closed by the customer or bank within 90 business days after opening, we may deduct any bonus earned and received at closing, and an account closing fee may be assessed.
Closing the account will negate any unearned bonus.
All bonus dollars will be paid in 30 days after the 90-day qualification requirements are met and will be deposited into the new checking account.
The bonus will be paid on the account opened first if multiple consumer checking accounts are opened during the promotional period.
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.
HSA accounts are not eligible for the bonus.
Account opening is subject to approval.

How To Waive Monthly Fee

Freedom Checking: No monthly fee. A $3.00 monthly paper statement fee will be charged when not signing up for eStatements.
My Rewards Checking: No monthly fee. A $3.00 monthly paper statement fee will be charged when not signing up for eStatements.
Pinnacle Plus Club Checking: No monthly fee. A $3.00 monthly paper statement fee will be charged when not signing up for eStatements.
Enterprise Free Checking Account: No monthly fee.
Enterprise Account Analysis Checking Account: With the Enterprise Account Analysis checking account, you’ll be able to offset transaction fees and other costs with compensating balances that remain in your account.

Bottom Line

If you live near a Northwest Bank of Rockford location, you have the opportunity to earn generous bonuses. To earn these bonuses, simply open the eligible accounts and follow the procedures and the bonuses shall be granted!

Although you can earn a generous bonus from Northwest Bank of Rockford, check out our list of bank promotions for more offers. With fantastic offers such as Money Market and CD rates, you are able to get the most out of your banking experience!

Compare Northwest Bank of Rockford Promotions with other bank bonuses from banks like U.S. Bank, Citi, Huntington, HSBC, Chase, TD Bank, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, and more!