Offer at a glance
- Maximum bonus amount: $1,000
- Availability: PA, OH, MD, DC, VA, NC, SC, WV
- Direct deposit required: No
- Additional requirements: Unknown
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: Up to $100, all payment networks are accepted.
- Monthly fees: None
- Early account termination fee: $50, 180 days
- Household limit: None
- Expiration date: December 15, 2023.
The Offer
- First National Bank is offering a bonus of $1,000 when you open a new Compak business checking account:
- Earn $600 by depositing a minimum of $15,000 within the first 30 days and maintain your balance for 60 days or earn $300 by depositing a minimum of $5,000 within the first 30 days and maintaining your balance for 60 days.
- Earn $200 by making 20 qualifying transactions within the first 90 days.
- Earn $200 by enrolling in Online Banking.
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has the monthly fee waived with a $1,500 min. daily balance.
Early Account Termination Fee
$50 fee if closed within 180 days of account opening
Our Verdict
Requirements seem easy to meet, although the deposit requirement is more of a savings bonus than a checking it does work out to be a heathy APY and better than stashing the funds in a high yield savings account. We will add this to our best bank bonuses.
Hat tip to reader edman
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