Deal has ended (terms still say 12/31/20 end date), view the best bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $200
- Availability: Must be a resident of DE, MD, NJ, PA
- Direct deposit required: No
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Can fund at least $1,000 with a credit card
- Monthly fees: Yes, $10 or $25 monthly fee (avoidable)
- Early account termination fee: $25, 1 year
- Household limit: One
- Expiration date: December 31, 2020
Contents
The Offer
- Firstrust Bank is offering a bonus of $150 when you open a FirstPaySM account or $200 FirstPaySM Premier Eagles Checking and complete the following requirements:
- Make a purchase of $100 or more
The Fine Print
- Bonus points will be paid to all new FirstPaySM and FirstPaySM Premier Eagles Checking accounts opened from 10/16/2020 to 12/31/2020. FirstPaySM Eagles checking customers will receive 15,000 bonus points. FirstPaySM Premier Eagles checking will receive 20,000 bonus points.
- Limit 1 per household.
- Bonus points may be redeemed for advertised gift card value. I.e. every 5,000 bonus points can be redeemed for $50 gift card.
- New customers will be eligible after first Visa® purchase of $100 or more is made within 60 days of new account opening. Bonus will be paid within 60 days of purchase.
- Points can be redeemed through scorecardrewards.com. Points will be eligible to be redeemed for gift cards 60 days after new account opening. Card must be registered to redeem.
- Offer can be withdrawn at any time without notice.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
FirstPay Checking Account
To avoid monthly maintenance fee ($10), account is required to have one of the following each month: $500 minimum daily balance, monthly direct deposit, 10 debit card purchases or 5 online bill payments.
FirstPay Premier Checking
To avoid monthly maintenance fee ($25), account is required to have one of the following maintain $5,000 combined balance in deposits accounts or have $50,000 in consumer loans and lines of credit balances.
Early Account Termination Fee
There is an early account termination fee of $25 if closed within a year.
Our Verdict
We’ve previously seen a $276 checking bonus, that required a direct deposit but was easier to keep fee free (same requirements as the current $150 bonus). This offer might be worth considering for those that don’t like to worry about meeting the direct deposit requirement, otherwise it could make sense to wait for a bigger offer to return. We will add this to our best bank account bonus page.
Hat tip to Novacat05
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
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- 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?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- 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
Comment on this
> Credit card funding: Can fund up to $500 with a credit card
Actually, no limit was mentioned. I funded it with $1000 by BofA Cash Rewards CC. The transaction was set as “Purchase”, 3% cash back on Online Shopping triggered.
Thanks
Can someone that applied now or in the past let me know the email address that sends the approval or denial email? The reason I ask is I found this old comment I posted but when I search for “Firstrust” in my email nothing comes up.
https://www.doctorofcredit.com/de-md-nj-pa-firstrust-bank-276-checking-bonus/#comment-850977
Please be aware that points redemption are done through third party. If you look to redeem those points is not easy through that third party. Also the selection of gift cards available for redemption on that third party website is very small. I dont think it is a good deal at all.
What are the gc options?
From here https://www.firstrust.com/personal/checking/eagles/redzone-rewards
Redeem points for rewards, gift cards, merchandise, travel and much more. Powered by scorecardrewards.com.
It seems all gift card options are: https://www.scorecardrewards.com/#/products?searchTag=&categoryId=663&brandId=&promotionId=&price=&productTypes=&sortTypeId=bestSellers&viewLimit=96
Thank you. What a useless bunch of giftcards!!
I agree. That has to be the worst selection of gc I’ve ever seen. I was going to call Firstrust to find out if I need to be in their footprint to apply but now won’t even bother. Thanks

Vlad.
Paypal Key with Double Cash for 7% back on opening deposit?
I wonder what their churn policy is
They don’t define one in their terms… I just closed one last week with them. Last year i was told i couldn’t apply online, had to go in branch. Only time that’s happened in 25+ bonuses over 2 years. I’ll wait a year then try them again.
Weird. I was able to open this online last year (the one with a cash bonus). They were a PIA tho after, took forever to actually get a working PIN for the debit, and that DID require me to go in several times.
Do you live near a branch? When I applied over a year ago I was told I was denied because I didn’t live near a branch.
Anyone done this bank before? How long does it take for the bonus to post? Thinking of opening with the Premier and after bonus downgrading which would mean leaving 5K in there for like 3 to 4 months to be safe. 200 earning on 5K for 4 months is good at this time so long as it is possible to downgrade and leave 500 in there for the remaining 98 to 9 months.
I did a different bonus last year. posted within ~4 months
Essentially a free Christmas gift.
I don’t like the GC payment.. shame is not cash 🙁
Does anyone else see “Make a purchase of $100 or more” on the website? Just applied and waiting to see if I am approved.
**DISREGARD, I FOUND THE TERMS
Why no love for Virginia , its a neigbouring state ??