Update 4/7/26: Bonus is back until 06/30/2026. Seems like KY is no longer eligible as there is no First Horizon banking center location there and terms specify that now. We have updated the fine print and tried to update all of the other terms as this is a popular major bonus. If you see anything that isn’t accurate let us know in the comments below. Another big change is that you can’t have had an account in the last 18 months, savings bonus now requires $5,000 instead of $3,000.
Offer at a glance
- Maximum bonus amount: $700
- Availability: Offer is only available to residents of LA, NY (NYC zips don’t seem to work), SC, TX, TN, AR, MS, AL, GA, KY, FL, NC and parts of VA (Bristol, Gate City, Weber City). Need to live within 50 miles of branch. You must be at least 18 years old and a US citizen to apply online
- Direct deposit required: Yes, $2,000+
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown, sensitive
- Credit card funding: Up to $50
- Monthly fees: None
- Early account termination fee:
Six months, bonus forfeitNone - Household limit: None
- Expiration date:
3/31/2406/30/2026
Contents
The Offer
- First Horizon Bank is offering a $450 bonus when you open a new checking account and complete the following requirements:
- Make qualifying direct deposits totaling $2000 within the first 90 days
- Get a $250 bonus when you open a Traditional Savings account with a total deposit of $5,000 or more in new money within 30 days of account opening and maintain that for 90 days
The Fine Print
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$450 Cash Bonus Offer Eligibility Requirements:
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To qualify for the $450 cash bonus, open a new Consumer Checking account between 04/01/2026 and 9PM EST 06/30/2026. Applicant must be a new First Horizon Bank client that has not had a consumer account with First Horizon Bank in the last eighteen (18) months. Applicant must reside within a state where a First Horizon banking center is present. Opening deposit must be new funds from a financial institution other than First Horizon Bank or its affiliates. Make qualifying direct deposits totaling at least $2,000 within ninety (90) days of account opening. Qualifying direct deposits include recurring electronic deposits of payroll, pension, or Social Security. Non-qualifying deposits include person-to-person, bank, or other electronic money transfers (such as Zelle®), such as those made through internet payment services. The checking account must be open for a minimum of 90 days. Bonus will only be paid to open and active accounts with a positive balance. The cash bonus will be deposited into your account within 15 business days after qualifying activities are met. All Checking accounts require a $50 minimum opening deposit.
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$250 Cash Bonus Offer Eligibility Requirements:
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To receive the extra $250 bonus (total amount of bonus equal to $700): Client needs to complete all the above requirements for the checking account and client must: 1) Open a new corresponding Savings Account within the same business day as the checking account above, which is subject to approval. Traditional Savings is a corresponding savings account for the FirstView checking account, Money Market Savings account is a corresponding savings account for the SmartView checking, and TotalView Money Market Savings account is a corresponding savings account for the TotalView checking. 2) Deposit a total of $5,000 or more in new funds into the new savings account within 30 days of the savings account opening; funds need to be deposited directly into the savings account. Funds cannot be deposited into the First Horizon checking account and then transferred into the savings account; AND 3) Maintain a daily collected balance of $5,000 for 90 days from the day of the deposit. The new funds cannot be money held by you at First Horizon or its affiliates. After you have completed all the above Savings requirements, we’ll deposit the extra $250 bonus into your new checking account within 15 business days. Bonus will be paid to open and active checking accounts with a positive balance only. All savings accounts require a $50 minimum opening deposit.
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- Offer is available to individuals only. It is non-transferable and may not be combined with other offers. The primary owner of the checking and corresponding savings account must be the same person, and only this person is eligible for the offer. Offer and account opening subject to bank approval.
- Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes. Other terms and conditions of your account are disclosed in your Bank Depositor Agreement. Offer and account opening subject to bank approval.
Avoiding Fees
Monthly Fees
FirstView checking account has no monthly fees to worry about. You do need to opt in to paperless statements otherwise you’ll be charged a $2 monthly fee.
Early Account Termination Fee
Account must be kept open for six months otherwise the bonus will be forfeit This account no longer has any ETF.
Our Verdict
Better than the $400 checking bonus. Based on previous times they have offered this promotion entering your details to be e-mailed a promo code is enough to satisfy the ‘[i]t is non-transferable and may not be combined with other offers’ language. We will add this to our list of the best bank account bonuses.
Hat tip to reader Bockrr
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
Post history:
- Update 4/4/24: Deal is back until April 30, 2024.
- Note: Terms state ‘Offer is only available to the addressee of the offer, is non-transferable, may not be combined with other offers’. But this shows up in a google search and you also have to request a code by filling in your information so should be able to get this bonus even if not targeted but YMMV.
