Find an updated list of First Bank Virginia bonuses, promotions, and offers here.
Currently, they have a $300 bonus when you open a Checking Account and meet all the requirements.
First Bank Virginia Bonuses Review
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 go over all First Bank Virginia bonuses & offers below.
First Bank Virginia $300 Checking Bonus
First Bank Virginia is offering a $300 bonus when you open a new qualifying checking account.
- What you’ll get: $300 Bonus
- Eligible account: Anywhere Checking Account
- Where it’s available: VA (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required: Yes
- Monthly Fee: $7; waivable
- How to earn it:
- 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.
(Limited time offer)
Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
KeyBank Checking ($300 bonus) |
Fine Print
- 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.
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
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Conclusion
Although the $100 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 your local CSR and find out more.
While they have a generous $100 bonus, First Bank Virginia doesn’t have great rates for CDs and Savings. I recommend taking advantage of our best rates Savings, Money Market, and CD accounts.
If you’re not local to the state of Virginia, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
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