First National Bank, Pennsylvania’s second-largest bank by assets, currently offers several bonus promotions designed to attract new customers across its operating states: Pennsylvania, Maryland, North Carolina, Ohio, South Carolina, Virginia, and West Virginia. These offers range from checking account bonuses to savings account incentives, each with specific requirements and expiration dates.
Checking Account Bonuses
First National Bank is currently offering a $150 bonus for new checking account customers. To qualify, applicants must open a new checking account and deposit at least $50 within 90 days of opening. The bonus will be credited within 15 business days after meeting the requirements.
Additionally, students can earn up to $100 with a First National Bank student checking account. The bonus is awarded in two parts: $50 for making 25 point-of-sale transactions with the debit card within 90 days, and another $50 for enrolling in mobile banking and making two qualifying mobile deposits.
Savings Account Bonus
First National Bank also offers a $200 bonus for new savings account customers. To qualify, applicants must open a FirstRate Savings or FirstRate Money Market account and deposit $5,000 of new funds. The $5,000 must be maintained for six full calendar months, after which the $200 reward will be credited within 15 business days.
How to Qualify & Potential Roadblocks
Qualifying for these bonuses is straightforward: visit First National Bank’s website, apply online or in person, fund the account within the specified timeframe, and maintain the required balance.
However, several common mistakes can disqualify applicants: missing the promotional link or offer code during signup, failing to meet deposit deadlines, letting the balance drop below the threshold, or closing the account too early. Always double-check the terms and timelines to avoid missing out.
Comparison to Competitors
First National Bank’s current offers provide competitive incentives, but other banks offer similar promotions. Comparing offers across multiple institutions ensures applicants maximize their potential earnings.
Maximizing Your Bonus
To maximize your First National Bank bonus, consider opening an account at the end of a month, quarter, or during the holidays when additional promotions may be available. Maintain any required minimum balances and avoid closing the account prematurely to keep the bonus.
Is a First National Bank Bonus Right for You?
Promotional bonuses are attractive, but they shouldn’t be the sole reason for opening an account. Consider First National Bank’s account features, fees, and branch locations to ensure they align with your financial goals.
In conclusion, First National Bank’s bonus offers provide a solid incentive for new customers, but careful planning and adherence to the terms are essential to qualify. Always compare offers from other banks to maximize your potential earnings.
