Find all mph.bank promotions, bonuses, and offers here.

Right now, mph.bank is offering a 4.15% APY on their Money Market account and $200 checking bonus when you open a new account with direct deposit.

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About mph.bank Promotions

mph.bank is an Internet only bank and does not have branch locations. They specialize in providing value to its customers directly. mph.bank savings products can offer highly competitive interest rates. mph.bank was founded by Liberty Savings Bank, which has a history of providing people with valuable products and services.

mph.bank Money Market Deposit 4.15% APY Rate

Please note that interest is compounded daily, then the interest will be credited monthly.

Account Type: Money Market Deposit Account
Availability: Nationwide
Interest Rate: 4.15% APY
Minimum Balance: None
Maximum Balance: None
Credit Inquiry: Soft Pull
Opening Deposit: $1 minimum
Monthly Fees: None
Early Termination Fee: None

Learn More with mph.bank

(FDIC Insured)

An ATM card will be issued upon request. While the opening deposit must be made through an ACH transfer, additional deposits can also be made using the ATM card. Withdrawals can be made using the ATM card or through ACH transfer.

mph.bank $200 Checking Bonus

Account Type: Free Spend Account
Availability: Nationwide
Direct Deposit Requirement: Yes (see what works)
Credit Inquiry: Soft Pull
ChexSystems: No, not sensitive
Credit card funding: $495 maximum credit card funding
Monthly Fees: None
Early Account Termination Fee: None, but you must set up direct deposit within 60 days or they will close the account.
Household Limit: None

$200 Bonus at mph.bank

(Limited time offer)

You can compare this to several great entry level checking account offers:
BMO Smart Money Checking ($350 cash bonus)	BMO Smart Advantage Checking ($350 cash bonus)
Bank of America ($300 bonus offer)	Chase Total Checking^® ($300 bonus)
KeyBank Key Smart Checking ($300 bonus)	SoFi Checking and Savings ($325 bonus)
First Tech Rewards Checking ($300 bonus)

How To Earn Bonus

HOW TO EARN BONUSFINE PRINT

Get $100 after opening any mph.bank Spend (checking) account AND setting up a monthly Early Pay(direct deposit) AND maintaining an average balance of $1,000 for 3 consecutive months.
Get another $100 for maintaining the same requirements above for an additional 9 consecutive months.

Offer not available to existing mph.bank Spend account customers or those who have closed a checking account in the last 12 months. Account must be in good standing (not be overdrawn) throughout the duration of the special.
Each reward will be deposited to your new account by the 30th day after meeting the requirements.
Average balance requirement starts the first full month following the month you open your account.
Early Pay is more commonly known as direct deposit. Direct deposits are defined as payments issued to you by your employer or any government entity on a regular basis. You must have a direct deposit set up for the account before the end of the first full month following the month you open your account. Access to funds for getting paid early can be up to two days prior to the date of the scheduled payment and is dependent on the submission of direct deposit by the payer. Standard fraud prevention restrictions apply.

Free Account Features

The free account is a digital checking account that has no fees, period.

Your Own “Contactless” Debit Card. Your name, your debit card number, and…a smile.
Personalized Dashboard. Keep it basic, or change it to make it fit you.
You “Name-it” Goal Accounts. Go ahead, save for that new guitar, bike, car, home, or whatever!
Round-up Widget. A simple way to save that puts you in control.
Financial Tools. See all your finances on one page. “Plan” for your future.
Zelle® Integration. A fast, safe and easy way to send and receive money with friends, family, and others.
55,000 Free AllPoint ATMs. Your cash is never far away.
Get Paid Up To 2 Days Early. It’s your cash, get it sooner. Available with any of our spend accounts.