Mid Penn Bank
Mid Penn Bank Simply Free or Advantage Checking $250 Bonus
Mid Penn Bank pays $250 when you open a new Simply Free or Advantage Checking account with promo code 250 and receive a direct deposit within 60 days. No minimum deposit amount is stated. The bonus posts within 10-15 business days of the first qualifying deposit. Branches are in Pennsylvania and New Jersey.
- Bonus amount
- $250
- Expires
- Not listed
- Time to complete
- ~30 days
- Paid after opening
- ~50 days
- Difficulty
- Easy
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Requirements
Last verified: Nov 11, 2026
Open with promo code 250
Open a new Simply Free or Advantage Checking account with the promo code 250 during online account opening. Mid Penn's branches are in Pennsylvania and New Jersey, and its application does not say whether it accepts other states.
Direct deposit in 60 days
Have a direct deposit made to the account within 60 calendar days of opening. It must be an electronic deposit of your paycheck, pension, or government benefits, and it must be new to Mid Penn Bank. No minimum amount is stated.
Mid Penn credits the bonus within 10-15 business days of the first qualifying direct deposit.
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Account Details
- Simply Free Checking has no monthly fee and no minimum balance. Advantage Checking has a $15,000 minimum balance.
Eligibility
The direct deposit must be new to Mid Penn Bank. Offer is for new consumer checking accounts.
- Mid Penn's offer page names no residency rule and its branches are in Pennsylvania and New Jersey. Out-of-area approval is unconfirmed.
- One bonus per account or customer. Cannot be combined with other offers.
Tips & Gotchas
- Mid Penn names no minimum direct deposit amount, but the deposit must be a real paycheck, pension, or government payment.
- Pick Simply Free Checking unless you plan to keep $15,000 in the account. Advantage Checking has a $15,000 minimum balance.
- Enter promo code 250 when you open online.
- We list this offer for Pennsylvania and New Jersey, where Mid Penn has branches. Its application doesn't state a residency rule, and out-of-area approval is unconfirmed.
Can You Earn This Bonus Again?
Fine Print
Customers must open a consumer checking account and have a direct deposit made to the account within 60 calendar days of account opening. The direct deposit must be an electronic deposit of your paycheck, pension, or government benefits from your employer or the government and must be new to Mid Penn Bank. Limit one bonus per account or customer, not to exceed $250. Cannot be combined with other offers. The bonus is credited within 10-15 business days of the first qualified direct deposit. Offer good for new consumer checking accounts only. IRS reportable.
Taxable income · Reported on 1099-INT
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
Does Zelle Count as Direct Deposit for Bank Bonuses?
Usually no. At most banks a Zelle payment arrives coded as peer-to-peer and will not trigger the bonus. Citi is the clear exception. Its Enhanced Direct Deposit terms name Zelle as a qualifying deposit, and every Zelle report we have from Citi got paid.
Do Bank Bonuses Show Up on a 1099-INT?
Yes. Bank bonuses are taxable income. Most banks report them on a 1099-INT once you earn $10 or more from that bank in a calendar year. Some report them on a 1099-MISC instead. Either way, you report the bonus as ordinary income on your tax return.
Also see: this month's best bank bonuses and community DD data points.
We may earn a commission if you open an account through the link above. This doesn't affect our recommendations. See how we make money