[Expired] [PA, OH, MD, DC, VA, NC, SC, WV] First National Bank (FNB) $800 Business Checking Bonus

Deal has ended, view more bank account bonuses by clicking here.

There is another link that works on the free business checking account.

Offer at a glance

• Maximum bonus amount: $800
• Availability: PA, OH, MD, DC, VA, NC, SC, WV
• Direct deposit required: No
• Additional requirements:See below
• Hard/soft pull: Soft 
• ChexSystems: Unknown
• Credit card funding: Up to $100, all payment networks are accepted. 
• Monthly fees: None
• Early account termination fee: $50, 180 days
• Household limit: None
• Expiration date: December 31, 2024

The Offer

Direct link to offer

• First National Bank is offering a bonus of $800 when you open a new Compak business checking account and complete the following requirements:
  • Deposit a minimum of $10,000 in new money within the first 30 days.
  • Maintain an average minimum balance of $10,000 at 6 months (180 days) after the initial 30 days.

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has the monthly fee waived with a $1,500 min. daily balance.

Early Account Termination Fee

$50 fee if closed within 180 days of account opening

Our Verdict

This works out to be a 16% annualized return so worth doing if you have some liquid funds that you want to earn a high rate. We’ve seen a previous bonus for up to $1,000 that was most likely better as the deposit requirement was smaller but there is no guarantee we will see that again so we will put this one on the list of the best bank account bonuses.

Hat tip to ShawntheShawn

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