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MB Financial Bank is offering up to $200 checking account bonus for new customers. This is a new promotion for opening a free checking account with direct deposit. MB Financial Bank offered a similar promotion back to this March. $200 is a pretty good deal considering current financial environ. If you are a resident of IL and IN, you are eligible to receive up to $200 bonus from MB Financial Bank.

Details of this promotion can be found here. It’s a pdf version of the promotional flyer. The promotion was also indicated on the front page of the MB Financial Bank at the News and Updates section. (shown below)

To get the $200 bonus, here’s all you do:

Open an MB Free Checking account with monthly direct payroll deposit, sign up for a MB Debit MasterCard and make at least 12 signature-based debit card transactions each month – it’s that simple!

Each month that you have your payroll check direct deposited and you make at least 12 signature-based debit card transactions, MB Financial Bank will credit your account with $50 – up to a total of $200!

Fine print:

Minimum balance to open a checking account is $50. Promotional payments will be made in monthly installments of $50 each, providing the following transactions take place in a given month: 1) payroll check direct deposit of at least $250, and 2) at least 12 signature-based debit card transactions. After both types of transaction are made, $50 promotional credits will be made in the first week of the month following the month. You have 6 months to complete the monthly transaction requirements and earn all four $50 credits. The promotional payment will only be made to accounts that are open at the time of the crediting. If the account is closed within six months of opening the bank reserves the right to debit back the promotional payment.

The free checking account offered by MB Finacial features free of monthly service fees and free online bill pay. The accounts opened at MB Fianancial Bank are all FDIC insured.

Note: there will be a hard pull during the account opening process.