$500 FNBO Bonus – Checking & Savings Account [CO, KS, NE, IA, SD, IL, TX, MO]

FNBO

FNBO (First National Bank of Omaha) is offering a $500 bonus ($300 Checking + $200 Savings) when you open both checking and savings accounts and fulfill qualifying requirements. The offer is valid both online and at FNBO branches. To be eligible, you need to open the FNBO Free Checking account and setup a direct deposit totaling $500 for three 31 days periods in a row (3 months, totaling $1,500) as well as open the FNBO Savings account and maintain an average balance of $3,000 for 90 days of account opening.

FNBO Bonus Summary

Bonus – $500

Account – Checking & Savings

Promo Code – 700

Direct Deposit – Yes, $500 within a 31 day period, three times (3 months totaling $1,500 in direct deposit)

Funding Requirement – $3,000 balance for 90 days of account opening

Availability – Select States (CO, IA, IL, KS, NE, SD, TX, MO) Available online and at bank branches.

Offer Expiry – March 20, 2023

Account Fees – None (both Checking and Savings)

Link for the Offer

FNBO Bonus Requirements

1. Open the FNBO Free Checking account online using the link or at FNBO branches using PROMO CODE 700. $50 bonus will be posted within 30 days of account opening (without additional requirements).
2. Open FNBO Savings account using PROMO CODE 700 on the same day you open your Checking account. $10 bonus will be posted within 30 days of account opening (without additional requirements).
3. Get qualifying direct deposit totaling at least $500 for three 31 days period (total direct deposit of $1,500) to receive additional $250 bonus (totaling $300 bonus)
4. Deposit $3,000 in your Savings Account and maintain that balance for 90 days to receive additional $190 bonus (totaling $200 bonus)
5. Additional bonus will post within 30 days of when qualifications are met.

FNBO Accounts Fee | How to Avoid It?

FNBO Free Checking Account and FNBO Savings Account has no monthly maintenance fee.

Early Account Termination Fees

There is no mention of early termination fees. We recommend keeping the account open for at least 180 days.

The Fine Print

Checking Account Bonus:

1. The $50 new checking account opening bonus will be credited to your account within 30 days of account opening.
2. The $250 direct deposit bonus will be credited to your account within 30 days of the date we receive your qualifying direct deposits.* Qualifying direct deposits must be received within 124 days of the account being opened.
3. Offer valid for new checking customers on one new account and limited to only one opening bonus and direct deposit bonus. A new checking customer is defined as an applicant who does not have an open Access Debit, Free Checking, Premier Checking or Employee Checking account at the time of campaign launch.
4. *A qualifying direct deposit is defined as a deposit, such as a customer’s salary, pension, Social Security, or other regularly monthly income, electronically deposited through the Automated Clearing House (ACH) network to this checking account by your employer or an outside agency. To receive the bonus, a minimum qualifying direct deposit or deposits totaling $500 must post to your checking account for three (3) consecutive 31-day periods for a total of $1,500. The deposits must post to your account within 124 days of account opening. Transfers and/or deposits made via ATM, online or teller, and transfers from a bank or brokerage account do not constitute a credit or direct deposit.

Savings Account Bonus:

1. Savings account must be opened the same day as checking account. $10 opening bonus will be applied within 30 days of account opening. Savings account must be a Basic Savings, Savings, or Premier Savings product type. Ownership roles must match between the checking and savings accounts.
2. Offer valid for new savings customers on one new account and limited to only one opening bonus and one secondary bonus. The savings product opened directly after the new checking will be considered for eligibility. Subsequent savings products opened will not be considered for eligibility. A new savings customer is defined as an applicant who does not have an open Basic Savings, Savings, or Premier Savings account at the time of campaign launch.
3. The $190 bonus paid to the savings account will only be available once the checking account qualifications have been met and all bonuses paid out. Additionally, an average balance of at least $3,000 must be maintained in the savings account for 90 days from account opening.** The $190 bonus will be paid to the savings account within 30 days of meeting all requirements. Offer valid for new savings customers on one new account and limited to only one opening bonus and secondary bonus.

Final Thoughts

FNBO Checking Savings Bonus of $500 is an excellent bonus as requirements for both checking and savings accounts are easy to fulfil. You only need to open the account using the promo code and have 3 direct deposits of at least $500 for three months for the checking bonus and fund the account with $3,000 and maintain that balance for 90 days for the savings bonus. Since both checking and savings account have no monthly maintenance fee, you can keep it open afterwards as well.