First Bank is offering business owners of California, Illinois, and Missouri a $200 bonus when you open a Business Checking Account as well as a Money Market Account by March 31, 2019.
To get started, you must open a new Business Checking account, make $2,000 in deposits, and make at least 10 or more credit/debit card transactions, all within 60 days. Along with the Business Checking Account, you must open a new Money Market Account with a $5,000 opening deposit and maintain it for 60 days. Once you have completed the requirements, the $200 bonus will be deposited into your account within 4-6 weeks.
Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to apply today or check out other promotions from HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Credit goes to Lindsay for letting us know about this bank promotion. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank promotion and get paid up to $15!
Editors Note: This offer applies only to applications for a new Simple Business Solutions Line of Credit on requests of $100,000 or less.
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First Bank $200 Bonus Info
- Direct Link to Offer
- First Bank Promotion PDF Printout
- Account Type: Small Business, Business First, Interest Checking; Money Market Account
- Availability: CA, IL, MO (Bank Locator)
- Expiration Date: 03/31/2019
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown, Let us know
- Opening Deposit: $7,000 total
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: None
- Monthly Fee: $0 – ?
- Additional Requirements: See below
- Household Limit: One per business
- Closing Account Fee: Penalty imposed if closed within 180 days
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.
Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
How To Earn First Bank $200 Bonus
- Open a new Business Checking from First Bank by March 31, 2019.
- Open a new Money Market Account with a $5,000 minimum balance and maintain it for 60 days.
- Complete the following within 60 days with your checking account:
- Make at least $2,000 or more in deposits
- Make 10+ transactions with your credit/debit card
- Once you have completed the requirements, the bonus amount will be deposited into your checking account within 4-6 weeks.
How to Avoid Monthly Fees
- Small Business Checking: No monthly service fees
- Business First Checking: Check with CSR
- Interest Checking: Check with CSR
Bottom Line
Make sure you check out First Bank to learn more about the $200 bonus promotion. Don’t forget, the $200 bonus will be reported on IRS Form 1099-INT.
Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Business Bank Bonuses for all your banking needs.
PROMOTIONAL LINK | OFFER | REVIEW |
U.S. Bank Silver Business Checking Package | $900 Cash | Review |
U.S. Bank Gold Business Checking Package | $900 Cash | Review |
U.S. Bank Platinum Business Checking Package | $900 Cash | Review |
Chase Business Complete Checking® | $300 or $500 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Axos Bank Basic Business Checking | $400 Cash | Review |
Axos Bank Business Interest Checking | $400 Cash | Review |
Regions Bank Business Checking | $150 Cash | Review |
NorthOne Business Checking | $20 Credit | Review |
Novo Business Checking | $75 Cash | Review |
BlueVine Business Checking | 2.00% APY | Review |
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