Find an updated list of First Bank Virginia promotions, bonuses, and offers here.
Currently, they have a $200 bonus when you open a Checking Account and meet all the requirements.
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About First Bank Virginia Promotions
Established in 1907, First Bank Virginia has been offering banking services for over 100 years and has grown to 14 locations across the state of Virginia.
I’ll review the First Bank Virginia Promotions below.
First Bank Virginia $200 Checking Bonus
Earn a $200 Bonus at First Bank Virginia
First Bank Virginia promotions are offering a $200 bonus when you open a new qualifying checking account.
Editor’s Note: Those in Maryland (MD), within 50 miles from a branch, have been successful in opening a new account
- What you’ll get: $200 bonus
- Account Type: Anywhere Checking
- Availability: VA (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,000
- Monthly Fees: $7, avoidable
- Closing Account Fee: Unknown
- Household Limit: One
(Expiration Date Not Listed)
| You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $2000 Cash Bonus), Fifth Third Momentum® Checking ($250 bonus), Chase Total Checking® ($200 bonus), and SoFi Checking and Savings ($325 bonus). |
How To Earn Bonus
- 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, once the account has been open for 90 days, the first direct deposit has been received, and the account is in good standing.
- Offer available to new First Bank checking account customers (those without current First Bank checking accounts) who opens a new Anywhere Checking account in our Online Application Center.
- Your reward will be deposited in your new Anywhere Checking account, once the account has been open for 90 days, the first direct deposit has been received, and the account is in good standing.
- Subject to approval. Limit one per household.
- 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.
How To Waive Monthly Fees
- Free Checking: None
- Minor Savings: None
- Christmas Club Savings: None
- Business Free Checking: None
- Community First Checking: None
- Anywhere Checking: $7 monthly fee waived with either
- Maintain a $500 minimum average monthly balance
- Direct deposit ($1,000 or more)
- Premier Checking: $15 monthly fee. Maintain a $10,000 minimum balance to avoid the monthly account fee
- Gold Checking: $7 monthly fee waived with any of the following
- $500 average monthly balance
- Direct deposit ($100 or more)
- Automatic First Bank loan payment
- Statement Savings: $200 minimum balance otherwise a $3 quarterly fee applies
- Premium Plus Savings: $5 monthly fee. Maintain a $2,500 minimum balance to avoid the monthly account fee
- Money Market: $7 monthly fee. Maintain a $1,000 minimum balance to avoid the monthly account fee
- Business Plus Checking: $15 monthly fee. Maintain a $15,000 minimum monthly balance to avoid the monthly account fee
- Business Advantage Checking: $25 monthly fee. Maintain a $25,000 minimum monthly balance to avoid the monthly account fee
Bottom Line
Although the bonus at First Bank Virginia sounds simple, there isn’t much detail on account requirements such as a minimum balance or other monthly requirements. If you are interested, be sure and call to find out more. Additionally, the bonus amount is nothing to be too impressed about. There are definitely better offers out there so I encourage you to check out our other reviews here on HustlerMoneyBlog!
Your feedback is highly appreciated and makes our site even better!
While they have a generous bonus, First Bank Virginia doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
*Compare First Bank Virginia Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
*Check back for updated First Bank Virginia promotions, bonuses and offers.
Just wanted to let y’all know this promotion is soft pull!