Arvest Bank Bonuses: Up to $150 or $300 for New Checking Accounts (Plus Referral Rewards)

If you live in Arkansas, Kansas, Missouri, or Oklahoma and you've been thinking about opening a new checking account, Arvest Bank has a few promotions worth checking out. The $150 bonus for new customers has been extended through August 8, 2025, and there's also a targeted $300 offer floating around. Plus, if you're already an Arvest customer, you can earn $50 per referral (up to $250 a year). Let's break down what you need to know.

How the $150 Bonus Works

To snag the $150, you'll need to open a new personal checking account—options include Free Blue, Basic Blue, myBlue, Arvest Club, or Preferred Club. Then, you'll set up a qualifying direct deposit. The bonus comes in three $50 chunks, one for each statement cycle where you meet the requirement. You've got up to six statement cycles to earn the full amount, so there's some breathing room.

One catch: this offer is only for people who received a special mailer with the code "Get150." So if you didn't get that piece of mail, you might not be eligible. But if you did, you're in luck. Just make sure your account stays open and in good standing for at least 30 days, and don't close it before you collect all the bonuses.

• Open an eligible checking account with the required minimum deposit.
• Set up a qualifying direct deposit within each statement cycle.
• Receive $50 per cycle, up to $150 total.
• Must complete within six statement cycles.

The Targeted $300 Bonus

Some folks might receive a different mailer—one offering $300. This works similarly: you get three $100 bonuses for meeting direct deposit requirements in separate statement cycles. Again, you need that exclusive mailer to qualify. If you didn't get one, you're stuck with the $150 offer, which is still pretty solid.

Both offers require you to open the account by the date printed on your mailer, so don't sit on it too long.

Referral Program: Earn $50 Per Friend

Already an Arvest customer? You can earn $50 for each friend or family member who opens a checking account and meets a few conditions. They need to set up a direct deposit, automatic payment, or recurring debit card transaction, plus make eight debit card purchases within 60 days. You both get a $50 Visa Reward Card. You can earn up to $250 per calendar year this way.

Keep in mind, the referral program can change or end at any time, and rewards might be reported as taxable income. But if you know someone who could use a new account, it's a nice way to pocket some extra cash.

Avoiding Monthly Fees

Arvest's checking accounts come with monthly fees that range from $0 to $18, depending on the account type. The good news is these fees are usually waivable. For example, the Free Blue checking has no monthly fee at all. Basic Blue is $3 but can be waived with a direct deposit or minimum balance. myBlue costs $6, and Arvest Club is $12—both have similar waiver options. Just check the specific terms for your account.

Bottom Line

• The $150 bonus is a straightforward way to earn cash with direct deposit—no complicated hoops.
• If you received a targeted mailer for $300, that's an even better deal.
• Referral bonuses add up quickly if you have friends or family in the Arvest footprint.
• Watch out for monthly fees—choose an account type that's easy to waive.
• Don't close your account early, or you'll forfeit any pending bonuses.

Common Questions