What’s an easy way to earn money? Well, that’s when all you have to do is tell your friend some good news, and you’re rewarded with cash! That’s exactly how MidFirst Bank plans to reward their customers for referring their friends to the bank. For every friend you refer and who opens an account with the bank, you get an easy $25. You can refer up to 6 friends, to get a total of $150.
Here are some of the qualifying referral products:
* Opening of a new checking account
* Opening of a new savings account
* Investing in a certificate of deposit
* Investing in a money market account
* Closing a home equity loan
* Closing a home equity line of credit
The Fine Print
Every account must be new and initial deposits may not be transferred from an already existing account at MidFirst Bank. Minimum opening balance for the checking account is $100 plus a minimum direct deposit of $250 every month is required. Initial direct deposit must be confirmed within 60 days of account opening. Requirement for savings account includes a $500 minimum opening balance while certificates and money market accounts require a $5000 minimum opening deposit.
No Cost Home Equity Loan and Line of Credit Offer requires a $15,000 minimum balance for Home Equity Loans and $15,000 minimum drawn on Home Equity Line of Credit. The No Cost Loan is wherein MidFirst pays the standard closing costsincluding but not limited to title review, flood determination, closing and document fees and most appraisal costs.
What Can I Receive?
If your referral meets any of the following criteria above, you will then be rewarded with a $25 VGC 6-8 weeks after the new customer’s account has been verified. There is a limit of 6 Visa Gift Cards for every household, plus the one who referred must be 18 years old or older.
So if you’ve already tried banking with MidFirst, then maybe your friends, family and colleagues should have a go also. Plus, that means extra cash for you.