Terms & Conditions

Refer a Friend Checking Account Offers


The person making the referral (Referrer) will earn a $50 Visa® Reward Card for each individual referred (Referred Person) to Commerce Bank who registers for the offer and completes the other requirements within the time specified in the offer. CommercePremier members can earn a $250 Visa Reward Card for each individual referred (Referred Person) to Commerce Bank who registers for the offer, opens a new personal checking account, and completes the other requirements within the time specified in the offer. To make a referral, the Referrer must register for the program and share the offer with their friends, family or co-workers. A Referrer can earn up to $500 in Visa Reward Cards within a calendar year. Only one Referrer may receive a Reward Card for each Referred Person who fulfills the offer requirements (the first Referrer that enters information for a Referred Person will be the eligible Referrer).


To earn a Visa Reward Card, the Referred Person must 1) receive the text, email or social media offer through the official means of the program; 2) register by following the link provided in the referral text, email or on social media; 3) open a new Commerce Bank personal checking account; and 4) meet the additional requirements of one of the offers below.


To earn a $50 Visa Reward Card1, the Referred Person must complete the following requirements within 60 days of account opening:


  • Have at least one (1) $300 or more direct deposit (such as recurring payroll or government benefit deposit), AND
  • Sign up for Online Banking AND
  • Enroll in free paperless statements


To earn a $250 Visa Reward Card1, the Referred Person must complete the following requirements within 90 days of account opening:


  • Maintain an average balance of $100,000 in new money (funds not currently held at Commerce Bank) for 3 consecutive months in their personal checking, savings, CD or money market account(s). Balances must be maintained in personal accounts and not business accounts.


Limitations:


The offers are not available if the Referred Person already has a Commerce Bank personal checking account and may not be combined with any other offers. The Referred Person is not eligible for additional rewards in the case of multiple new checking account openings. The Referred Person may also make referrals and is eligible to qualify for rewards. The program may be discontinued or changed at any time without notice.


The Referrer authorizes the sending of email communications to each Referred Person. The email may not be recovered if the person has "opted out" of marketing material from Commerce Bank or ReferLive. Each person who registers at ReferLive authorizes future communications including emails regarding the program unless they "opt out" by making an election at ReferLive or within such email. The Referred Person acknowledges that a Reward Card will be issued to the Referrer after all conditions have been met in the time frames provided. The Reward Cards will be mailed to the addresses provided within the ReferLive registration system.


The Reward Cards are subject to Terms and Conditions delivered with the card, including limitations on types of transactions for which they may be used.


The Visa Reward Card can be used everywhere Visa debit cards are accepted within the U.S. only. Visa is a registered trademark of Visa, Inc. Visa is not a participant or sponsor of this promotion.


Disclosures:


  • Please allow 4-6 weeks after completion of all requirements for delivery of your Visa Reward Card to the physical address provided. Reward Card may be reported as interest income to the IRS. Minimum balance to open a CommerceBasic Checking account is $100, annual percentage yield is 0.00%. Interest-bearing checking accounts also available. Fees could reduce earnings on the account.

    Commerce Bank. Member FDIC.