Capital Bank is just a new name for First Tennessee Bank in FL, VA, NC and SC. They are offering a $200 bonus with a new checking account until 9/30/2019.
To receive your bonus, you must open the checking account online starting at this page and ensure the code DGCB20 appears in the online application where “Offer/Promo code” is requested, or open your account and present a copy of the offer at a Capital Bank branch.
- You must have an opening deposit of at least $300, AND
- One direct deposit must post to your account within 60 days of account opening.
If you meet the stated requirements of this promotional offer, the $200 bonus will be credited to your account within 6 weeks of the first direct deposit and will be reported as income on Form 1099-INT.
There is no monthly service charge with direct deposit and no minimum balance required. It’s a soft pull, so no worries. You’ll get all the usual stuff for free as well such as free Banking Online, free Bill Pay Online, free Mobile Banking, and free Monthly Statements Online.
- Offer is only available to residents of FL, VA, NC, SC
- Limit one bonus per household.
- Cannot be combined with other checking offers.
- This offer is for new checking households only.
- Households who have a current consumer checking account or who have closed a consumer checking account in the past 12 months at either First Tennessee or Capital Bank are not eligible.
- The $7 monthly service charge is rebated with at least one direct deposit per statement cycle.
- Account must be open for 6 months.
This Capital Bank bonus is a good offer with pretty easy requirements, but I’d suggest checking out the other offers that are available first. We often see better bonuses from First Tennessee Bank.
- Sign up Offer
- Promo Code: DGCB20
- Account Type: Checking
- Availability: FL, VA, NC, SC
- Expiration Date:
- Inquiry Type: Soft pull
- Opening Deposit Credit Card Funding: Up to $300
- Direct Deposit Requirement: Yes, set up DD within 60 days of account opening.
- Monthly Fee: $7 monthly fee, waived with direct deposit.
- Additional Requirements: You must have a $300 opening deposit.
- Closing Account Fee: You must keep the account open for 6 months, otherwise the bonus will be reverted back.