Offer at a glance
- Maximum bonus amount: $500
- Availability: Resident of NY, NJ, PA, CT, or DE
- Direct deposit required: No. Terms say ‘one ACH credit or ACH debit in the amount of $2,500 or more ‘
- Additional requirements: Yes, see below
- Hard/soft pull: Unknown
- ChexSystems: Unknown, not sensitive
- Credit card funding: Unknown
- Monthly fees: $15, avoidable
- Early account termination fee: None listed?
- Household limit: None listed
- Expiration date: June 14, 2026
Contents
The Offer
- First Commerce Bank is offering a $500 bonus when you open a new Freedom checking account and complete the following requirements:
- Open online with a Minimum Balance of $25.00
- Enroll in eStatements
- Receive and post and clear one ACH credit or ACH debit in the amount of $2,500 or more
- Open a Freedom Money Market online with a minimum of $1,000.00
- Alternatively you can do it without Freedom Money Market. Open Freedom Checking and complete the following requirements:
- Open online with minimum of $100.00
- Enroll in eStatements
- Receive one ACH Credit in the amount of $2,500 or more
- Complete one ACH Debit or Bill Pay transaction
- Conduct 25 Point of Sale transactions using your FCB debit card
- First Order of special Freedom Checks (20)
The Fine Print
- Freedom Checking account must be opened online, enrolled in eStatements, receive and post and clear 1 ACH credit or ACH debit in the amount of $2,500.00, and must open a Freedom Money Market account online.
- Both the Freedom Checking and Freedom Money Market accounts must remain open and in good standing for the full 90‑day qualification period.
- The $500.00 bonus will be paid within 30 calendar days following the completion of the 90‑day qualification period.
- Promotion valid for accounts opened April 27, 2026 through June 14, 2026. See Account Agreement for full bonus terms and conditions. Other restrictions may apply. This account also offers an ATM surcharge fee rebate when certain qualifications are met during the statement cycle. The monthly qualifications to receive this rebate are (1)Enroll in e-Statements (2) Receive one ACH credit or debit in the amount of $2,500.00 or more (3) Maintain a Freedom Money Market account.
- All qualifying transactions must post and clear the account prior to the end of each statement cycle to qualify for the reward.
- This surcharge fee rebate will continue even after the promotion and qualification periods if you continue to meet the required qualifications each monthly statement cycle.
- Freedom Checking is a non-interest-bearing account.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
- I don’t think Freedom checking has any monthly fees?
- Freedom Money Market has a $15 monthly fee, charged if the daily balance on any day of the statement cycle falls below $25,000.00
Early Account Termination Fee
Didn’t see any mention of an EATF in the fee schedule.
Our Verdict
Can’t see this lasting long as it seems like approvals are being done manually. Most people will want to do the bonus without the money market account as it’s difficult to keep it fee free.
Hat tip to reader BelgianMich
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
