Posted by William Charles on November 1, 2019
Bank Account Bonuses

Published on November 1st, 2019 | by William Charles

91

[DE, MD, NJ, PA] Firstrust Bank $276 Checking Bonus

Offer at a glance

  • Maximum bonus amount: $276
  • Availability: Must be a resident of DE, MD, NJ, PA
  • Direct deposit required: Yes, $500+
  • Additional requirements: Online banking & 5 debit card transactions
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding:  Can fund up to $500 with a credit card
  • Monthly fees: Yes, unknown amount (avoidable)
  • Early account termination fee: Unknown
  • Household limit: One
  • Expiration date: April 30th, 2020

The Offer

Direct link to offer

  • Firstrust Bank is offering a bonus of $276 when you open a new 76ers checking account and complete the following requirements within 90 days of account opening:
    • Sign up for Online Banking
    • Direct Deposit total of $500
    • 5 Debit Card transactions

The Fine Print

  • $25.00 minimum opening deposit required.
  • Offer limited to one account per household.
  • Offer not available to existing Firstrust consumer checking account customers.
  • Offer may not be combined with any other offer and may be revised or rescinded without notice at any time.
  • All terms and conditions of the Retail Account Agreement, Funds Availability and Electronic Funds Transfer (EFT) disclosure apply.
  • To obtain bonus: Open a new FirstPay checking account beginning October 15, 2019 through April 30, 2020.
  • Account must receive direct deposit totaling $500, make 5 debit card purchases and establish online banking within 90 days of account opening.
  • Bonuses will be reported to the IRS for applicable tax year.
  • Bonus payment will be sent to the customer within 120 days of account opening.

Avoiding Fees

Monthly Fees

Account has a monthly fee, but I’m not sure what it is. It’s waived if you do any of the following:

  • Use direct deposit
  • Make 10 debit card purchases per month
  • Make 5 online bill payments per month
  • Maintain $500 min daily balance

Early Account Termination Fee

I wasn’t able to find a fee schedule so I’m unsure if there is an early account termination fee or not

Our Verdict

Seems like a great bonus if it’s a soft pull to open, especially if there is some credit card funding. If anybody goes for this offer then please share your experiences below. I’ll add this to the best state specific checking promos if this is a soft pull.

Hat tip to reader IS250

Useful posts regarding bank bonuses:



91
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
crystal
crystal

Declined- We cannot accept your application for a deposit account at this time. Please contact Firstrust Customer Care at 800-220-2265 if you have any questions.

Vy
Vy

Hard or soft pull?

fuji
fuji

Declined as well. Appeared to be Chex sensitive.

Jack
Jack

I applied a few days ago. No answer yet on approval. No hard pull. Maximum cc funding was $500. It didn’t list what card types are accepted but I put in an Amex and the charge went through.

Hodor
Hodor

Did you have your credit reports frozen when you applied?

Hustler13
Hustler13

Opened and live in southeast PA. Easy to open and No hard pull opted out of overdraft protection. CC funding option up to $500. Enrolled in online banking right away and no account number shows up yet, so that is kinda wierd.

Jack
Jack

Monthly fee is $10 per month

Free if you do one of the following

Use direct deposit
Make 10 debit card purchases per/m
Make 5 online bill payments per/m
Maintain $500 min daily balance

Otherwise $10.00 per/m

Michael_1960
Michael_1960

Denied for me:

Declined- We cannot accept your application for a deposit account at this time. Please contact Firstrust Customer Care at 800-220-2265 if you have any questions.
– Assume soft pull as no Credit Karma notice, etc. – Requested Chex report

bax
bax

App went through, so probably not Chex sensitive and is a soft pull, funded $500 with cap1 spark biz (pending as “Q2 SOFTWARE INC, Other Services”), and created online banking username/passwd, but no account number is shown. Customer service seems well aware of this and says it still needs review/approval by the backoffice in another 24 hours. Confirmed routing number is 236073801.

bax
bax

500 purchase has posted as of yesterday. Still no account appearing in online banking.

bax
bax

Finally got account approved email last night .

Frito Pendejo
Frito Pendejo

Seemed to work. Live in PA, funded $500 w/ amex. I see pending purchase on amex card as ‘Q2 SOFTWARE INC.’

dunno about hard pull, I don’t have a way to check

IS250
IS250

How’s your Chex?

Frito Pendejo
Frito Pendejo

As low as it gets! Countless new checking accounts. No bad stuff though

So yeah, they are NOT chex sensitive. Or it is too early to tell and they may come back and cancel on me. I’ll report back if that happens or if amex charge fails or goes through as cash advance

Kim
Kim

Per their fee schedule there’s a $25 fee for closing the account within 1 year of opening. Oh, and the monthly fee is $10 (for the FirstPay account, not the FirstPay Premier account) if you don’t do the activities you’ve described above (DD, 10 debit card purchases or 5 Online Banking bill payments, or $500 min daily ledger balance).

hananh
hananh

Which banks count as direct deposit?

Frito Pendejo
Frito Pendejo

Nobody knows yet, no data points

Steve
Steve

Tried Ally and it came over as category “transfer”. Push from ETrade is underway so we’ll see if that works. I’ll let you know if either qualifies

Churnyboy
Churnyboy

Denied, called up and told I was outside of their lending area.

I live in Northern NJ bordering NYC.

MissMBA
MissMBA

Makes some sense as they do not have branches in Northern NJ. This comes from their website “Firstrust branches are located throughout the Delaware Valley, Lehigh Valley and Southern New Jersey.”

Kim
Kim

I’m in Northern Jersey (Union county, Summit) and I was approved. Strange!

Eric
Eric

Did you just get approved now or when the offer was first posted? I’m asking because I live near Churnyboy and I received the same reason as him and as I wasn’t too happy.

Jose Espinola
Jose Espinola

“We cannot accept your application for a deposit account at this time. Please contact Firstrust Customer Care at 800-220-2265 if you have any questions.“
Closest branch is 150+ miles away. I opened 20-22 checking accounts in the last 12 months.

Frito Pendejo
Frito Pendejo

distance from branch might be it. I seem to have been approved despite a million chex inquiries but I have a lot of Firstrust branches nearby – southeast PA

ay
ay

Not distance related. I live about 3 miles from a branch and still wasn’t approved likely due to chex (I’ve opened up 15+ bank accounts this year)

Steve
Steve

Anyone know what qualifies as DD?

Kyle
Kyle

I think I was approved? Went through everything and set up online banking but account isn’t showing. Took my $25 initial deposit. No email confirmation yet. Live in Philadelphia

dizzy
dizzy

“Under review”. Didn’t get thru entire app. Guessing is chex sensitive? I also have DL from old address (NJ) but live in Philly (on credit reports now)

Back to Top ↑