First Federal Bank Business Checking up to $400 Bonus

First Federal Bank logo

First Federal Bank : Business Checking

up to $400

4.1

BankBonus.com score

Availability

Ease

Amount

Fees

Offer Expires In

Limited Time Offer

How To Earn The Bonus

  1. Open a new business checking account and deposit new money as follows: at least $10,000 to earn $400 or at least $5,000 to earn $200.
  2. Maintain the minimum balance needed for your selected bonus tier for at least 60 days.
  3. Once the criterion is met, the bonus will be credited to the new account no later than 120 days from the open date.

Available in Your Area?

No

Monthly Fees?

Varies

Open Online?

Yes

Credit Pull?

Unknown

First Federal Bank logo

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at First Federal Bank

Available in a small portion of Florida, First Federal Bank is offering up to a $400 welcome bonus when you open a new business checking account and deposit new money. This is a tiered offer, the more you can deposit, the more you can earn.

One very important thing to note is that only the first 50 businesses that qualify for the offer will be awarded the bonus. We'd suggest acting fast if you're in their footprint.

How To Earn The Bonus

The First Federal Bank Business Checking promotion requires you to deposit and maintain a minimum balance in order to earn the up to $400 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

  • First order of checks are free (up to a $200 value).
  • One (1) offer (up to $400) per business account; cannot be combined with any other offer.
  • Offer limited to the first 50 customers who meet the criteria.
  • Bank transfers from an existing personal or business First Federal Bank account do not qualify.
  • Offer not valid to anyone whose accounts have been closed within 90 days, or whose accounts closed with a negative balance within the past three years.
  • If the account is closed by the customer within 6 months after account opening, First Federal Bank reserves the right to deduct the bonus amount from that account at closing.
  • Limited time offer.

How does this business checking offer from First Federal Bank compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Chase

Chase Business Complete Checking®

Bonus
$300
Account Type
Business Checking
Expires In
79 days
Requires
  • Min Balance
  • Card Spend (optional)

U.S. Bank

Business Checking

Bonus
up to $800
Account Type
Business Checking
Expires In
118 days
Requires
  • Min Balance
  • Bill Pay (optional)
  • Card Spend (optional)

Axos

Business Interest Checking

Bonus
up to $400
Account Type
Business Checking
Expires In
57 days
Requires
  • Min Balance
  • Bill Pay
  • Card Spend

Why First Federal Bank?

Enhanced Business Checking

Enhanced Business Checking is for businesses who write or deposit up to 300 items. Merchant Services, Checking images and Check collection are available for this account. Save $2 a month when you enroll in eStatements.

Fees

Enhanced Business Checking does charge a monthly maintenance fee of $16, but there are ways to get this waived:

  • Maintain a $3,000 daily balance
  • OR, Maintain a $30,000 loan relationship

Essential Business Checking

Essential Business Checking is for businesses who write or deposit up to 150 items. Merchant services are available for this account and you can save $2 by enrolling in eStatements.

Fees

Essential Business Checking does charge a monthly maintenance fee of $8, but there are ways to get this waived:

  • Maintain a $1,500 daily balance
  • OR, maintain a $15,000 loan relationship

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