$400 First National Bank Checking Bonus (PA, OH, MD, DC, VA, NC, SC, WV)

First National Bank

First National Bank is offering $400 bonus for opening their checking account and adding Penguins Power Play Package to the checking account and making qualifying transactions in the first 90 days.

The bonus is divided into two parts – bonus for direct deposit and bonus for online bill payments

Direct Deposit Bonus:

1. $150 bonus for direct deposit totaling $1,500 or more
2. $250 bonus for direct deposit totaling $2,500 or more

Online Bill Payment Bonus

1. $150 bonus for making 10 online bill payments using FNB’s Online Bill Payment service

As First National Bank is a regional bank, this offer is valid only in select states – PA, OH, MD, DC, VA, NC, SC, WV. The offer is valid on their branches and online but you need to call them to add the Penguins Power Play Package once you open the account online.  

Key Features of FNB Checking Account with Penguins Power Play Package:

• Penguins®-branded debit card and checks
• Penguins®-branded Visa® cash back credit card
• Discounts at PensGear stores when using your Penguins® debit or credit card
• Discounts on ticket purchases when using your Penguins® debit or credit card
• Exclusive benefits when paying for season ticket with your Penguins® Power Play Package account
• Additional benefits throughout the season for Penguins® Power Play Package customers

First National Bank Checking Bonus Summary

Bonus –$400

Account – All Checking Account with addition of Penguins Power Play Package

Availability – PA, OH, MD, DC, VA, NC, SC, WV. In Branch and Online (but need to call to add Penguins Power Play Package once you open the account online)

Promo Code – Not required

Offer Expiry – December 31, 2023

Account Fees – No mention online (but there seems to be a fee as they offer a fee free Sterling Freedom Checking account) but waivable (see below).

Household Limit – Yes, one per household per calendar year.

Link for the Offer

Checking Bonus Requirements

1. Open a new checking account either online or at branch with $50 dollar deposit.
2. Add the Penguins Power Play Package to the account either by call or at branch.
3. Make a direct deposit of at least $1,500 for $150 bonus and $2,500 for $250 bonus.
4. Make 10 online bill payments using FNB’s Online Bill Payment service for additional $150 bonus.
5. Reward will be credited to this open account within 15 business days following the 90-day period.

Checking Account Fees | How to Avoid It?

1. FNB Bank Checking Accounts – No fee with statements.

BonusCoach’s List of Best Bank Account Bonus

Early Account Termination Fees

There is $50 early termination fee for account closed before 180 days (except for eStyle account). We recommend to keep the account open for at least 6 months, preferably a year.

The Fine Print

1. Offer valid for new personal checking accounts opened January 1, 2023, through December 31, 2023. Existing FNB checking accounts or accounts converting to another personal checking account are NOT eligible for this offer.
2. You can receive only one new checking account reward related offer per household per calendar year.
3. Present this promotional offer when opening a new FNB personal checking account (Freestyle, Lifestyle, Premierstyle, eStyle Account, eStyle Plus Account and Workplace First Checking) at a branch or online and get the Penguins Power Play Package.
4. To receive the $150 direct deposit reward, the following conditions must be satisfied:
   1. Set up and have a qualifying direct deposit(s) totaling $1,500 made to your new personal checking account within the first 90 days after account opening; and
   2. Your account must be open and in good standing once the above conditions are satisfied. Or,
5. To receive the $250 direct deposit reward, the following conditions must be satisfied:
   1. Set up and have a qualifying direct deposit(s) totaling $2,500 made to your new personal checking account within the first 90 days after account opening; and
   2. Your account must be open and in good standing once the above conditions are satisfied.
6. Your qualifying direct deposit(s) needs to be an electronic-type deposit, similar, but not limited to, paycheck or pension from your employer, government benefits (such as Social Security) or other affiliated depositors.
7. If you satisfy the conditions for both the $150 and $250 rewards stated above, you will only be eligible for and receive the $250 reward. Your reward will be credited to this open account within 15 business days following the 90-day period.
8. In addition, you may receive a $150 reward for sending 10 Online Bill Payments through FNB Bill Pay if the following conditions are satisfied:
   1. Set up and have 10 qualifying FNB Online Bill Payments made from your new personal checking account within the first 90 days after account opening; and
   2. Your account must be open and in good standing once the above conditions are satisfied.
   3. Then, your $150 reward will be credited to this open account within 15 business days following the 90-day period.
9. You must enroll in FNB Online Banking to set up Bill Payees through FNB Bill Pay. Any FNB Online Bill Payments that are dated after the 90-day period will not be included. A bill that is paid by making a transfer between internal or external accounts does not qualify as an FNB Bill Payment.
10. Checking accounts closed by customer within 180 days of opening are subject to a $50 account early closing fee except for the eStyle Account, which has no closing fee.

Final Thoughts

This is a decent bonus for opening a checking account, having direct deposits and making online bill payments. Although the requirements for direct deposit is easy, the 10 bill payments might be difficult for some. However, we like the fact that ever without bill payments, they are offering $250 direct deposit bonus.