Northwest Bank Boosts Checking Offer to $400 from $160

Northwest Bank raised its checking account bonus to $400 from $160 on the Affinity account. The promotion is available in New York, Ohio, Indiana, and Pennsylvania.

New customers must set up direct deposit and maintain the account for a holding period. The bank has not disclosed the minimum deposit amount or the exact number of months required.

The offer was extended through June 30, 2027. It was originally set at $160 and then bumped to $400 in July 2026, according to the promotion's terms.

Regional lenders have been increasing cash incentives for new checking accounts as competition for consumer deposits intensifies. The $400 bonus puts Northwest's offer above the common $200–$300 range for similar promotions in those states.