[DE, MD, NJ, PA] Firstrust Bank $300 – $450 Checking Bonus, Direct Deposit Not Required

Update 1/1/25: Extended to 2/28/25

Offer at a glance

• Maximum bonus amount: $450
• Availability: Must be a resident of DE, MD, NJ, PA
• Direct deposit required: No
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding:  Can fund at least $1,000 with a credit card
• Monthly fees: Yes, $10 or $25 monthly fee (avoidable)
• Early account termination fee: $25, 1 year
• Household limit: One
• Expiration date: 12/31/2024

The Offer

Direct link to offer

• Firstrust Bank is offering up to 50,000 points when you open a new checking account. Bonuses are as follows:
  • Open a Eagles FirstPaySM Checking and earn 35,000 points when you spend $350 within 60 days
  • Open a Eagles FirstPaySM Premier Checking and earn 50,000 points when you spend $500 within 60 days

The Fine Print

• Limit 1 bonus reward points offer per household. Bonus points may be redeemed for gift cards, merchandise, or travel.
• Bonus will be provided 60 days after completion of the spend requirement.
• Points will not be earned for ATM or other cash withdrawals, for transferring funds, Bill Pay transactions, or for transactions using third-party money transmission service providers. Points can be redeemed through scorecardrewards.com.
• Reward points have no cash value. Other terms and conditions apply, see Program Rules for complete details. Offer can be withdrawn at any time without notice.
• New Eagles FirstPaySM checking customers can earn 35,000 bonus points. Eagles FirstPaySM customers will become eligible for the bonus points by making debit card purchases totaling $350 or more within 60 days of new account opening. Official Bonus Point Program Rules – FirstPaySM Debit Card
• New Eagles FirstPaySM Premier checking customers can earn 50,000 bonus points. Eagles FirstPaySM Premier customers will become eligible for the bonus points by making debit card purchases totaling $500 or more within 60 days of new account opening. ‍Official Bonus Point Program Rules – FirstPaySM Premier Debit Card
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

FirstPay Checking Account

To avoid monthly maintenance fee ($10), account is required to have one of the following each month: $500 minimum daily balance, monthly direct deposit, 10 debit card purchases or 5 online bill payments.

FirstPay Premier Checking

To avoid monthly maintenance fee ($25), account is required to have one of the following maintain $5,000 combined balance in deposits accounts or have $50,000 in consumer loans and lines of credit balances.

Early Account Termination Fee

There is an early account termination fee of $25 if closed within a year.

Our Verdict

The points system is a bit annoying but the some redemptions are:

• 12,400 points = $100 cash back via ACH
• 10,800 points = $100 gift card to Amazon, Walmart, Target, Home Depot, Cabela’s Best Buy, Sephora
• 3600 points = $25 cash back via ACH
• 6500 points = $50 cash back via ACH
• 9500 points = $75 cash back via ACH
• 5500 points = $50 gift card to Amazon, Home Depot, Darden Restaurants, Best Buy, etc…
• 3200 points = $25 gift card to Apple
• 2700 points = $25 gift card to Barnes & Noble

So the 35,000 point bonus is basically 3 x $100 gift cards and the 50,000 point bonus is 4 x $100 gift cards and a $50 ACH. Even though the points are annoying this is better than when it’s an all cash bonus and very much doing doing as no direct deposit is required. Will add this to our list of the best bank account bonuses.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times