Best bank bonuses in Michigan

There is no online application for this account. The only way in is to book an appointment with a KeyBank banker and open it with them, so you need to be able to reach one of KeyBank's branches. The states listed are where those branches are. KeyBank's terms for this business offer set no residency rule and exclude no state, so if you can get to a branch you can open it.

New consumer checking customers only. Ineligible with an existing Huntington consumer checking account or one closed in the last 12 months. Separately, Huntington says it may limit an individual to one account-related cash incentive per rolling 24-month period across all deposit accounts, counted from the most recent payment, so a prior Huntington bonus can hold you back longer than the closed-account rule does.

New checking customers only.

Not available to existing or closed checking account customers of Wintrust Financial Corporation.

New checking customers only (none in the last 12 months). Open online by December 11, 2026.

Targeted: KeyBank's terms say you must have received a personalized $500 Business Banking offer letter from them, and you open by appointment with a banker rather than online. Schedule that appointment by December 18, 2026. Make the $25 minimum opening deposit and get to $5,000 or more within 30 days, then keep a minimum daily balance of $5,000 or more for the first 90 days; if the balance dips below $5,000 even once in that window you lose the bonus. The $500 is paid within 60 days of meeting the requirements. You cannot have held a KeyBank business checking or savings account in the past 12 months, and the branch network covers AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT and WA. Open Basic Business Checking, which is $5 a month waived at a $1,000 average ledger balance so the $5,000 hold covers it; do not open Key Business Reward Checking, which is $25 a month and needs $7,500 to waive.

Citizens offers personal checking in 14 states plus DC: Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia and Washington DC. The offer terms themselves name no excluded states. You must not have been a signer on another Citizens personal checking or savings account in the previous six months, and the account has to be opened through the link on the offer page rather than in a branch.

State restricted: MI. New 4Front CU checking customers only.

New FMB personal checking customers only. Cannot have closed FMB checking account within 12 months (on or after 3/2/26). Primary residence must be in Michigan; P.O. boxes or properties in other states disqualify. One bonus per client. Offer valid 3/1/26 - 12/31/26.

Must not be an existing member. A savings account must also be opened at time of Digital Membership account opening. Referral offer only. Terms state: 'Friends must be natural persons with whom you have at least a passing acquaintance. You may not solicit strangers.'

New business checking customers only, state restricted, apply by October 14, 2026. The two tiers have DIFFERENT funding deadlines: Unlimited Business Checking pays $400 for total new money deposits of $5,000 or more within 60 days of opening, while Unlimited Plus pays $1,000 only if $20,000 or more lands within 30 days and then sits at $20,000 or more for the next 60 days. Both require keeping the account open for 90 days. Plan on paying the monthly fee through the hold: Unlimited is $20 a month waived only at a $10,000 total deposit relationship, Unlimited Plus is $40 a month waived only at $50,000, and neither the $5,000 nor the $20,000 deposit clears its own threshold because the cash bonus does not count toward it.

Available in MI and OH. New members only.

Membership: Financial Plus CU, open to anyone living in the state of Michigan. Must be a new checking relationship. No stated expiration.

Must be a new FMB business checking client. Existing customers or those who closed an account within 12 months of offer start date (on or after 3/1/26) are not eligible. Not valid for Public Funds, Estate accounts, U.S. Government entities, other banks, or financial institutions. Must enroll in 'MICH-BUS Checking Offer' between 3/1/26 and 12/31/26.

Membership: Indiana or Michigan residents (Everwise field of membership). One bonus per member; not available if you have an existing checking account or closed one in the last 12 months. Deposits may be payroll OR ACH from another institution/fintech/wallet. Paid by close of the next full statement. No fixed deadline stated.

New CIBC US personal checking customers only; see the official offer terms for account-opening availability.

Flagstar is a multi-state bank. You cannot get this bonus on your own: you have to register with an existing customer's referral link first, and an application opened any other way does not qualify. The reward is a $200 Visa Reward Card rather than cash, so allow 4 to 6 weeks after you complete every requirement for it to arrive. You are not eligible if you have been paid a Flagstar checking bonus before or have closed any Flagstar checking account in the last 365 days, and the offer is limited to one checking bonus per customer. Closing the account within 180 days can trigger an early closure fee and reclamation of the bonus. Eligible accounts are Flagstar Ready Checking, Flagstar Elite Checking and Flagstar One Checking. No end date is stated.

Membership: Credit Union ONE (Southeast Michigan, plus Davison, Traverse City and Grand Rapids). This one has to be opened in a branch, not online. There is no direct deposit requirement. The reward is paid in Debit Card Rewards points redeemable for cash, and the credit union publishes no qualification window or payout timing, so treat the timing as unknown. Joint account owners are not eligible. No stated expiration.

Open a new Statement Savings account, deposit $15,000 or more of new money during the month you open, and hold a $15,000 minimum balance for the three months after that. No promo code needed, it applies automatically. Wintrust is a family of community banks, so use your state's bank: Wintrust in Illinois, Wintrust Florida in Florida, Town Bank in Wisconsin, Dyer Bank and Trust in Indiana. Michigan is served by Macatawa Bank, where the product lineup differs, so confirm the offer there before opening. This is a separate offer from the Total Access Checking bonus and can be opened alongside it.

Membership: anyone who lives, works or worships in Michigan. A referral is required, so you need an existing member's unique referral code, generated in the Michigan First mobile app or online banking, and you must apply through one of the credit union's digital channels. Both parties must be at least 17, and each receives $100. The new member must not currently hold a Michigan First account as a primary or joint owner and must not have previously had one charged off. The checking account cannot have an unpaid overdraft or Courtesy Pay fee, or a negative balance, at the end of the 60 day period. No end date is published, and the credit union calls it a limited time offer tied to its 100 year anniversary.

Community Choice Credit Union runs more than 20 member centers across Michigan. The credit union does not publish its field of membership criteria online, saying only that applicants must qualify under it, so confirm you are eligible before applying. A separate referral programme pays an existing member $100 for each friend who opens a checking account and stays 30 days; that is a reward for the referrer and is not this bonus, which needs no referral. The page states no end date, no minimum opening deposit and no early closure fee.

Business checking (Access $100 / Balanced $400 / Choice $750). $100 min open + new money within 30 days, maintain daily balance days 31–90, keep open 12 months. Balanced fee $20/mo (waive $5k avg), Choice $35/mo (waive $15k avg); Access no fee. Online-openable in listed states. Expires 2026-08-31 (extended; bank page verified 2026-07-25).

Membership: Cornerstone Community Financial CU (southeast Michigan). New personal checking accounts only; business checking is excluded. One bonus per Social Security number. Open the account during 2026.

New customers only, and HSBC's definition is a lifetime one: "A 'New Customer' is someone who doesn't have a current or past HSBC account in the U.S. on file." A closed HSBC U.S. account from any point in the past disqualifies you, so this is not a 12-month or 24-month lookback. The Premier checking account must be opened by December 31, 2026. Premier qualification criteria also govern the $50 monthly fee waiver, with $100,000 in combined balances given as the example. Nationwide.

Open or upgrade to a new Chase Private Client Checking account by October 14, 2026. Top $3,000 tier requires $500,000+ in new money; $1,000 minimum tier requires $150,000. Requires an in-person/banker meeting to redeem the coupon.