First Tennessee Bank is offering a $100 bonus for new Money Market accounts.
Offer Requirements
You must open your account at a First Tennessee financial center and present this printed offer. Accounts opened online are not eligible. Promo code: SVG100.
- Minimum opening deposit is $15,000.
Opening deposit cannot be transferred from existing First Tennessee account. If you meet the stated requirements of this offer, the bonus will be credited to your account within 6 weeks and will be reported as income on Form 1099-INT. Customer agrees to maintain account in good standing for a minimum of six months.
Eligibility
This offer is only available to residents of Tennessee, North Carolina, Virginia, Georgia, Alabama, Mississippi, Arkansas, and Kentucky. More than a year ago I was able to also apply from NYC and get the bonus, but I didn’t get it when I applied earlier this year. So most likely it is strictly restricted to the states mentioned above.
Offer is available to new Money Market Savings households only. Limit one bonus per household.
Fees
A $9 monthly service charge is waived if you also have a qualifying checking account, or if combined balance of First Tennessee accounts is at least $5,000.
Guru’s Wrap-Up
The bonus is limited to only a few states and you need to go into a branch to open account. You do need to open the account with a minimum of $15,000, but it doesn’t seem like you need to keep that money in the account after that. There’s a $9 monthly service charge is waived if you also have a qualifying checking account, so take a look at this bonus on checking accounts.
If this bonus is not for you, then you can check our full list of available bank bonuses.
Offer Details
- Offer Page
- Promo Code: SVG100
- Account Type: Money Market
- Availability: Tennessee, North Carolina, Virginia, Georgia, Alabama, Mississippi, Arkansas, and Kentucky
- Expiration Date: 10/31/2017
- Inquiry Type: Soft pull
- Direct Deposit Requirement: No
- Additional Requirements: You must have a $15,000 opening deposit
- Monthly Fee: $9 monthly fee (can be waived)
- Closing Account Fee: You must keep the account open for 6 months, otherwise the bonus will be reverted back.
HT: maximizingmoney
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