Located in the Midwest, Commerce Bank has a full selection of account options while encouraging personal goals. To find out if Commerce Bank is right for you, continue reading the review below.
Commerce Bank even offers a Rewards program with their Visa Debit Card when you refer someone to sign up for a checking account!
There are currently 184 branches scattered throughout the U.S. In addition to that, it also offers a 24/7 customer service line.
Checking Account Options
Commerce Bank offers a wide variety of checking accounts that are useful for different situations.
CheckingCommerceInterest CheckingCommerceRelationship Checking
CommerceStudent Checking
This is Commerce Bank’s standard account and will require a $100 opening deposit.
There is also a $8 monthly fee, but you can waive it if you make one direct deposit of $300 or make 10 debit card transactions.
You will also get:
- A $50 Visa® Reward Card when you refer someone to open a Commerce personal checking account (up to $500)
- Free Commerce Bank ATM transactions with your Visa® Debit Card
- Free online and mobile banking
- Access to Online Bill Pay
- Free email and text alerts
This checking account earns interest, but you will need a minimum deposit of $100.
There is $10 monthly service fee, but you can waive it if you maintain a daily balance of $1,000 or make one $500 direct deposit.
This account also comes with:
- Free online and mobile banking
- Access to Online Bill Pay
- Free email and text alerts
- Free Commerce Bank ATM transactions with your Visa® Debit Card
- Access to myRewards Savings and myRewards Money Market accounts
- Send and receive money with Popmoney and External Transfers
This is a high interest earning account. You can open it with a minimum deposit of $100.
Those who usually carry a pretty high balance can earn competitive interest on it with this account.
There’s a $20 monthly fee, but you can waive it as long as you keep a daily balance of $5,000 or have $15,000 in combined direct deposits.
This account also comes with the previous benefits as other Commerce Bank’s checking accounts, but there are also addition features.
Additional benefits include:
- Free Platinum Visa® Debit Card
- Preferred rate on Premium Money Market accounts
This checking account is designed for students 25 and younger and will need a minimum deposit of $100.
There is a small monthly fee of $3, but as long as your account is consistently active, you won’t have to worry about it!
This account comes with all the benefits stated previously, but you will also receive:
- eStatements
- A reissued card if needed (if your card gets lost or stolen)
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Savings Account Options
Commerce Bank only has one savings account, but it comes with a bunch of unique benefits. The myRewards Savings rewards those who are consistent and dedicated to saving up money.
There is no initial deposit required, but there is a $3 monthly fee. To waive the monthly fee, you need to keep a daily balance of $300.
myRewards Savings:
- Make a deposit for each month for 11 months to gain a bonus up to $100
- Interest is compounded daily
- Up to 3 withdrawals or transfers per month
- Access to free online and mobile banking
- eStatements
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 Open a Discover® Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code LOP325 by 9/11/2025 • Earn high interest rate of 3.60% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 • See advertiser website for full details To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code LOP325 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200. What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. |
Money Market Account Options
Money Market accounts allow for a higher yield and gives access to your funds with either checks or a bankcard.
Commerce Bank has two money markets that can earn competitive interest rates.
This is the basic account that does not require any initial deposit to open.
It also has a $6 monthly fee that is waivable by taking one of the following measures:
- Maintaining a balance of $500
- Have a monthly average of $1,000, or
- Setting up a $25 electronic monthly deposit
Commerce also pays you a bonus of 50% percent on your average end of the month balance during the previous 12 months.
This money market earns competitive interest rates but will require a $1,000 opening deposit.
There is a monthly fee of $10 but you can waive it if you maintain a daily balance of $5,000
The interest is also compounded monthly.
Compare Money Market Accounts
 • Get started and open a Discover® Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 3.55%% APY balances $100,000 and over • Earn 3.50% APY balances under $100,000 • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs |
CD Account Options
You can open a CD at Commerce Bank. Their terms range from 3 months to 5 years.
If you want to find out Commerce Bank’s CD rates, click here. Rates will vary based on locations.
Compare CD Accounts
• Available nationwide online, Discover® offers CDs with some of the highest & most competitive rates! with select terms as short as 3 months up to 120 months • Rates ranging from 2.00% APY up to 4.00% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. • Get started and open a Discover CD in 3 easy steps. |
Reasons to Bank with Commerce Bank
- They have a large variety of checking accounts.
- You can earn a $50 Visa Reward Card when you refer a friend to sign up for a new Commerce checking account.
- You can use Commerce Bank ATMs for free when you use your Visa Debit Card.
- They offer a student checking account targeted for college students.
- CommerceRelationship Checking gives you a Platinum Visa Debit Card.
- They have a 24-hour account information line.
- You can send and receive money with Popmoney and External Transfers.
- Conduct all your banking online or through Commerce Bank’s mobile app.
Reasons Not to Bank with Commerce Bank
- Commerce Bank is only located in 5 states: Colorado, Kansas, Missouri, Illinois and Oklahoma.
- Lack of savings accounts.
- Low variety of CDs.
- They have high balance requirements.
- Their money market accounts may be slightly difficult to maintain because of their high balance requirements.
Commerce Bank Routing Number
The routing number for Commerce Bank is 101000019. You can also find this number on the lower left corner of your Commerce Bank check.
Contact Customer Service
Commerce Bank has a 24-hour account information line. You can reach them at 800-453-2265.
If you would like to speak to customer representative instead, then these are the available hours:
- Monday – Friday at 8 a.m. – 8 p.m. (MST)
- Saturday at 8 a.m. – 4 p.m. (MST)
- Closed on Sundays
How Commerce Bank Compares
- Chase Bank: Chase is one of the biggest banks in the U.S and offers just about almost everything. Compared to its other competitors, Chase offers much more checking account options.
- TD Bank: TD Bank also offer bonuses for signing up for a checking account! They have various account options that suit all kinds of consumers as well.
- Huntington Bank: Huntington Bank has various account options and offers checking bonuses, overdraft protection, free mobile banking, online bill pay, access to over 800 branches and 1,800 ATMs, and much more.
- Bank of America: As one of the larger banks in the U.S. Many may choose BoA for the convenience of locations through out 35 states. However, BoA offers limited account options.
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Bottom Line
If you happen to live in the Midwest and are looking for a bank with a decent variety of account options, then consider Commerce Bank.
They are currently offering a sign-up referral bonus and are generous with providing excellent customer service.
If you’re interested in banking with Commerce Bank, then check out Commerce Bank Promotions! For more options from a variety of banks, see our list of the best bank promotions!
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