Posted byon January 15, 2016
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First Tennessee is offering $250 to open a checking account.
There’s no requirement to live in Tennessee and you can open the account online, so it appears to be an easy sign up bonus. The easier a bonus is, the faster it moves up my to do list!
It’s our Free Money offer this week.
Keep Account Open for Six Months. The terms state that the customer agrees to maintain account in good standing for a minimum of six months. Be sure to keep it open six months so that your bonus isn’t reversed.
Waive Monthly Fees. The checking account options have a monthly service fee from $5-$9 per month. However, you can waive fees on some of these accounts with direct deposit or a minimum balance. The express checking is a $5 fee which can be waived with one direct deposit each month.
Credit Card Funding. You can fund the $300 initial opening deposit with a credit card.
Source: Doctor of Credit.