FirstState Bank $50 Referral Bonus Review

For residents of Michigan, FirstState Bank is offering a bonus of $50 when you refer a friend to open up a new Personal Checking account. Also, you can earn a bonus of $75 if your friend decides to open up a Business Checking account instead. To persuade your friends to join, let them know that they will be receiving great features like, no minimum balance or direct deposit requirement, no monthly service charges with eStatements, a free MasterCard, and much more! Follow the simple instructions below to earn your $50 Bonus!
Don’t forget you can earn a $300 bonus with Chase Premier Checking!

How To Earn FirstState Bank $50 Referral Bonus:

1. If you haven’t already, open FirstState Bank Checking account.
2. Complete the referral form.
3. Your friend must then open up either a Personal Checking OR Business Checking account.
4. You will then receive a $50 bonus if your friend opens a Personal Checking, and a $75 bonus if your friend opens up a Business Checking.

FirstState Bank Promotion Summary:

• Direct Bonus Link
  
• Account Type: Personal Checking & Business Checking
• Maximum Bonus: $50 (Up to $75)
• Availability: Michigan
• Expiration Date: None
• Hard/Soft Pull: Soft Pull via ChexSystem
• Direct Deposit Requirement: None
• Additional Requirements: Your friend must open up a Personal Checking or Business Checking.
• Monthly Fee: None
• Early Termination Fee: None

*We wrote an email to FirstState Bank asking about what type of inquiry they use, and the CSR told us it’s only a soft pull via ChexSystems. Again, ymmv. Please let us know in the comments below if you have any experiences with this bank.

Fine Print & Bonus Terms:

• As an existing customer, you must have a First State Bank checking or savings account in good standing at the time of payment to receive the referral award.
•  The value of the referral award will be reported to IRS as taxable income.
• Offer available for new members only.
• We also reserve the right to disqualify referrals.

Final Analysis:

For residents of Michigan, I recommend opening a FirstState Bank Personal Checking account, if you haven’t already and referring a friend to open one also. For each friend that you bring in, you will earn a $50 bonus. To get your friends to sign up, tell them about the benefits and features that will be receiving, and also let them know that they are eligible to earn bonuses too! Overall, this is a great way to earn $50 into your checking, so start spreading the word of FirstState Bank today! Don’t forget to check out our complete list of Bank Bonuses!