Posted by William Charles on July 6, 2016
Bank Account Bonuses

Published on July 6th, 2016 | by William Charles

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[Expired] First National Bank (FNB) $150 Checking Promotion – Nationwide

This deal has now expired/been removed by First National Bank.

Offer at a glance

The Offer

Direct link to offer

  • Open a new FNB personal checking account (Freestyle, Mystyle, Lifestyle or Premierstyle) with the promotional code SUMMER2016 and receive a sign up bonus of $150 when you:
    • Set up and receive qualifying direct deposits totalling at least $1,500 or more within the first 90 days of account open
    • Account must be in good standing

first national bank

The Fine Print

  • Present the $150 promotional offer when opening a new FNB personal checking account online (Freestyle, Mystyle, Lifestyle or Premierstyle).
  • A $50 minimum deposit is required when opening an account online. To receive the $150 reward, the following conditions must be satisfied: 1) set-up and have a qualifying direct deposit(s) totaling $1,500 or greater made to your new personal checking account within the first 90 days after account opening online; and 2) your account must be in good standing once the above conditions are satisfied.
  • Then your $150 reward will be credited to this open account on the next business day following the 90 days after account opening.
  • Your qualifying direct deposit(s) needs to be an electronic-type deposit, similar but not limited to, paycheck, pension or government benefits (such as Social Security) from your employer or other affiliated depositors.
  • Offer valid for new personal checking accounts opened July 1, 2016 through September 16, 2016.
  • Offer subject to change without prior notice and may be terminated or extended based on response.
  • Offer does not apply to multiple checking accounts.
  • Existing FNB checking accounts or accounts converting to another personal checking account are NOT eligible for this offer.
  • You can receive only one new checking account reward related offer per household per calendar year
  • Bank employees and members of their household are not eligible for this promotion.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

The easiest account to keep fee free is Freestyle checking, there is no monthly fee as long as you have eStatements enabled. There is an early account termination fee of $50 if the account is closed within 180 days.

Our Verdict

Pretty good bonus with no requirements to keep the account fee free, the credit card funding is nice as well. The real questions are: is it available nationwide or only in select states and more importantly is it a soft pull? If anybody knows, please let us know in the comments. It will likely be added to our best bonus page if it is a soft pull.

Big thanks to readers, Phil & Larry who let us know. Please consider sharing bank bonuses with this site so we can make it even better.

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arch
arch

Landing page states:
Checking accounts closed by customer within 180 days of opening are subject to a $50 account early closing fee.

JP
JP

I got a targeted promotion while back (about 4 months back) for someone in my household from this bank. Pretty much same requirements. at that I inquired and they mentioned chex system. Hopefully that’s still the case.

IOException
IOException

The big question is if ACH counts as DD. My HR manager will likely shoot me on site if I ask to change payroll again. 🙂

Logan
Logan

Lol I’ve changed mine 7 times in the last year. I think she knows what I’m doing but I give her candy so it’s a win win. 😉

Kevin
Kevin

Glad my employer allows me to change DD anytime online and up to 7 banks yay.
Only problem is they don’t have routing numbers of many of the banks that have promotions, so I have to ask them to manually add the routing number every time I open a new checking account (almost every month lol).

Hope this works in Colorado.

Master Allan
Master Allan

Haha. I go out of my way to be extra nice and generous with the Payroll dept across the hall. Doughnuts and Coffee out of pocket ~once a week from that guy changing DD details from time to time. Don’t think they really think too much into my changes every 3 or 4 months.

Ben
Ben

I’m dreading the day I’ll have to leave my company….I can change my payroll DD online anytime I want. And up to 3 different banks! Lol just wish my paycheck was more.

If anyone tries this from Florida, and it works, please let us know!

Carloco
Carloco

I Just signed up from Virginia.

submitted application in IL
submitted application in IL

I just submitted the application and it went through, even though I live in Illinois, where there are no branches. The application was quite easy and smooth. Only complication was they were unable to verify my identity by asking questions, so I had to take a picture of my drivers license, and upload it to the submitted application.

The DJ

Just signed up from CA and application went through. It provided me with an account number as well. Used my Amex Platinum to fund the account. I’ll report back if anything goes wrong.

Keith
Keith

Was able to open in NJ. Got a/c number and it’s pending staff review. Did not see any alerts for TU through sesame and experian through their apps (was instant for last cc apply) so unless this hits equifax it is going to be a chex pull. Can confirm in a day or two.

Keith
Keith

BTW, funded with Amex Everyday. It posted as pending – business services, other services category

Jeff H
Jeff H

Members need to be very aware WHICH “First National Bank” they are signing up with. Almost any big city has a “First National Bank”. Not all are related to this bank.

Roger
Roger

I just called the Bank up. The customer rep stated that promotion was open to all 50 states.

Logan
Logan

Opened online via Kansas today. Used AMEX Platinum Mercedes Benz and pending as “FIRST NATIONAL BANK” purchase.

AE
AE

Florida DP – applied and was accepted (have account number and routing number).

Will see if they pull a seacoast bank on us or not (refuse to honor/decline due to out of market).

John K
John K

Is one able to reduce the cash advance limit on an American Express card? I just chatted up a rep on my account with the chat service and she said it wasn’t possible, but that cash advance fees are only charged when the card is used at an ATM. Any other data points? I’d love to go for this bonus and work towards an AMEX min spend for a bonus, without any fees.

John K
John K

Ha, think I answered my own question here: https://www.doctorofcredit.com/how-to-avoid-cash-advance-fees/ appears that the CAL is tied to the CL?

So I guess my updated question is – has anyone been tagged with cash advance fees or using an AMEX card to open a bank account? Because the rep I chatted up said it should only occur at an ATM, but I find that unlikely.

Logan
Logan

John K – AMEX is fine with this specific bank at this time. I even tried it myself with my AMEX Plat and it coded as a purchase not CA.

With most banks, AMEX codes as cash advance so just check the data points prior to.

John
John

Got denied due to CHEX – too many inquiries it appears.

AE
AE

How do you know that you were denied due to CHEX inquiries or issues? – were you denied during the online application or afterwards manually by a phone call or email from an employee?

denied
denied

Update: My application was denied in IL. CSR said only available in states where fnb has a footprint

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