Offer at a glance
- Maximum bonus amount: $250
- Availability: PA, MD
- Direct deposit required: No
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: 6/30/25
Contents
The Offer
- F&M Trust is offering a bonus of $250 when you open a new business checking account and complete the following requirements
- Open with a $1,000 minimum opening balance
The Fine Print
- Offer valid 1/02/2025 through 6/30/25.
- A minimum opening balance of $1,000 required to receive $250 new account bonus, awarded within 30 days of account opening through an account credit.
- Check discount/credit applied at the time of check ordering.
- As required by law, F&M Trust will report the value of the bonus to the IRS.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Seems very easy to get the bonus, share your experiences below.
Hat tip to ShawntheShawn
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
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- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
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- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
Not sure why this was posted
“Offer valid 1/02/2025 through 6/30/25”
That’s gonna be a no from me dawg.