First Bank, Get $200 Bonus with New Checking (VA, MD)

First Bank has a new $200 bonus for new customers who open a checking account online. This offer requires a direct deposit, and is available only in VA and MD.

Offer

To receive $200, you must open a new Anywhere Checking account online and sign up for a recurring direct deposit into this account. Your reward will be deposited in your new Anywhere Checking account when you fulfill the following requirements:

the account has been open for 90 days,
the first direct deposit has been received,
and the account is in good standing.

This limited-time offer may end at any time. Fees may reduce earnings. The $200 will be reported on Form 1099-INT for tax purposes.

Eligibility

Offer available in VA and MD only
Offer available to new First Bank checking account customers (those without current First Bank checking accounts).
Limit one per household.

Fees

The Anywhere Checking account comes with a $7 monthly fee that is waived when you fulfill one of these options:

Average monthly balance of $500 or more
Direct deposit of $100 or more
Automatic First Bank loan payment

Guru’s Wrap-Up

I’m not familiar with this bank, so please let me know if you have any additional information. You can get $200 if you are in the two eligible states, but you need to keep the account for at least 90 days and have a direct deposit.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.