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Offer at a glance
- Maximum bonus amount: $500
- Availability: FL only, in branch [Branch locations]
- Direct deposit required: No
- Additional requirements: Deposit $1,000
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Up to $1,500
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- First Home Bank is offering a bonus of $500 when you open a new business checking account and complete the following requirements:
- Open account and get a $250 bonus
- Deposit $1,000 within 30 days of account opening and get another $250 bonus
The Fine Print
- To qualify for the $350 bonus, you must be a new First Home Bank business checking customer and qualified to open a checking account in accordance with our normal standards.
- You must make a cumulative deposit of at least $2,000 within the first 30 days of account opening. Your account must remain open in order to receive the $350 bonus, which you will receive within 30 days of meeting the offer requirements.
- This offer cannot be combined with any other offers or coupons and may be changed at any time.
- All other account terms pertaining to the particular checking account you choose will apply, including the minimum balance to open an account, which is $100.
- This offer applies to business accounts only.
- The $350 bonus will be reported to the IRS in accordance with applicable law.
Avoiding Fees
Monthly Fees
It looks like there is no monthly fee, but they will charge you $15 if you’re a high volume activity account?
Early Account Termination Fee
I wasn’t able to find any fee schedule, so I’m unsure if there is any early account termination fee or not.
Our Verdict
Nice big bonus and the requirements are super easy to meet as well. As far as I know they have only ever offered personal checking bonuses (none are currently offered) so unsure what type of business documents they require. Definitely worth considering if you live near a branch. As always please share your experiences in the comments below.
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