Find an updated list of First Bank Virginia promotions, bonuses, and offers here.

Currently, they have a $300 bonus when you open a Checking Account and meet all the requirements.

Table of Contents

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 $300 Checking Bonus

First Bank Virginia promotions are offering a $300 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: $300 bonus
Account Type: Anywhere Checking
Availability: VA (Bank Locator)
Direct Deposit Requirement: Yes (see what works)
Credit Inquiry: Soft Pull
ChexSystems: Unknown
Credit Card Funding: Up to $1,000
Monthly Fees: $7, avoidable
Closing Account Fee: Unknown
Household Limit: One

$300 Offer at First Bank Virginia

(Limited time offer)

You can compare this to several great entry level checking account offers:
BMO Smart Money Checking ($400 cash bonus*)	BMO Smart Advantage Checking ($400 cash bonus*)
Bank of America ($300 bonus offer)	Chase Total Checking^® ($300 bonus)
KeyBank Key Smart Checking ($300 bonus)	SoFi Checking and Savings ($325 bonus)

How To Earn Bonus

HOW TO EARN BONUSFINE PRINT

To receive $300, 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, a recurring 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.
To receive $300, 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, a recurring 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 $300 will be reported on Form 1099-INT for tax purposes.

Hat tip to Lindsay

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!*