[DE, MD, NJ, PA] Firstrust Bank $250 Checking Bonus, Direct Deposit Not Required

Update 3/1/24: Extended until 12/31/2024

Update 1/14/24: Extended until 2/29/2024

Update 11/29/23: Bonus now all in points.

Update 8/15/23: Deal is back and valid until 12/31/2023.

Update 1/12/23: Bonus has been increased to $250 on both accounts + bonus points. Spend requirement is now $200 instead of $100. Valid until 2/15/23 now.

Offer at a glance

  • Maximum bonus amount: $250
  • 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 $500 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: December 31, 2020

The Offer

Direct link to offer

  • Firstrust Bank is offering a bonus of $250 + 5,000 points when you open a FirstPaySM account or $250 + 10,000 points FirstPaySM Premier Eagles Checking and complete the following requirements:
    • Make a purchase of $200 or more

The Fine Print

  • Bonus points will be paid to all new FirstPaySM and FirstPaySM Premier Eagles Checking accounts opened from 10/16/2020 to 12/31/2020. FirstPaySM Eagles checking customers will receive 15,000 bonus points. FirstPaySM Premier Eagles checking will receive 20,000 bonus points.
  • Limit 1 per household.
  • Bonus points may be redeemed for advertised gift card value. I.e. every 5,000 bonus points can be redeemed for $50 gift card.
  • New customers will be eligible after first Visa® purchase of $100 or more is made within 60 days of new account opening. Bonus will be paid within 60 days of purchase.
  • Points can be redeemed through scorecardrewards.com. Points will be eligible to be redeemed for gift cards 60 days after new account opening. Card must be registered to redeem.
  • Offer can be withdrawn at any time without notice.
  • 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

We’ve previously seen a $276 checking bonus, that required a direct deposit but was easier to keep fee free (same requirements as the current $150 bonus). This offer might be worth considering for those that don’t like to worry about meeting the direct deposit requirement, otherwise it could make sense to wait for a bigger offer to return. We will add this to our best bank account bonus page.

Hat tip to Novacat05

Useful posts regarding bank bonuses:

Post history:

  • Update 7/15/22: Deal is back to $150/$200 and valid until 03/31/2023.
  • Update 5/12/21: Deal has been reduced to $50/$100.
  • Update 1/31/21: Deal has been extended until May 31, 2021. Hat tip to reader Vlad

View Comments (129)

  • Not sure how targeted this is, but just got a email on April 8 from Firstrust offering a $5 Amazon gift card for enrolling in online statements. From the promotional email: "In celebration of Earth Month, we’re giving you the opportunity to make double the impact when going paperless, all while getting rewarded for it! When you switch to online statements this April, you will receive a $5.00 Amazon.com Gift Card, and we’ll plant 5 trees for every customer who switches."

    • @guest_1672666 Yes I was required to fill out the signature card (also my first time seeing one of those.) I didn't mail it in though, I just filled it out electronically and submitted via SM in online banking.

  • I received a bonus last year for a different promo and eventually closed out. This new promo says one per household. Does that mean one per household for this new one or one per household for all promo's, past included? I emailed them but no reply.

  • I got denied for this account back in January due to Chex (8/3 & 14/6), but I was approved this time around (3/3 & 8/6)

    PSA - If you are getting an "unable to validate your info" error when trying to enroll in online banking via web browser, try downloading their app and using that for enrollment. For whatever reason, this was successful for me.