Newest First Citizens Bank Promotions, Bonuses and Offers: June 2020
First Citizens Bank has more than 500 branches in 19 states in the Northwest, Southwest and Southeast. The bank is currently running promotions that will appeal to customers in need of a new account and some bonus money.
A GOBankingRates survey found that most Americans don’t research the promotions and bonuses that banks offer, and are reluctant to switch banks even for a cash bonus. In fact, as many as 65% of Americans with bank accounts might be leaving free money on the table.
Avoid missing out on free cash — keep reading to learn about the best First Citizens Bank bank promotions for June 2020:
First Citizens Bank Promotions at a Glance
First Citizens is offering a pair of checking account bonuses and one credit card bonus in June. Here’s a quick look:
Best First Citizens Bank Promotions: June 2020 | ||
Account | Cash Value of Bonus | Expiration Date |
Premier Checking | $225 | None |
Prestige Checking | $225 | None |
First Citizens Cash Back Business Visa | $100 | None |
More on Checking: Best Checking Accounts of 2020
Current First Citizens Bank Promotions
First Citizens Bank coupon codes are not required for any of the bank’s current promotions. Read on for more details.
Best Checking Account Promotions
First Citizens Bank’s checking account promotions are tied to its top-tier accounts. You can qualify for multiple perks with the Your Family First service package, which comes with both of these accounts.
Premier Checking Account: Up To $225 Bonus
The First Citizens Premier Checking account is an interest-bearing account that goes beyond basic checking options. Opening a Premier Checking account automatically enrolls you in the bank’s Your Family First service package and qualifies you for the bonus.
You’ll get a $200 credit to use toward the closing costs of a First Citizens mortgage loan and a $25 introductory credit for a new Coverdell Education Savings Account — not to mention 2,500 bonus points when you open a First Citizens Rewards Visa Card.
Here’s more:
Cash value: Up to $225
Minimum deposit to qualify: $100
Expiration date: None
How to get it: Open a Premier Checking Account with at least $100 to earn the credits.
When you’ll get it: The closing cost credit will be applied at mortgage closing. The Coverdell Education Savings Account credit will be credited within 90 days of opening the account.
Terms and conditions: Accounts and credit subject to bank approval. There is a $3 monthly charge for paper statements, though e-statements are free. Offers are subject to change.
Monthly fee: $18, but can be waived by meeting certain requirements
Promotion page: Premier Checking Account bonus offer
Prestige Checking Account: Up To $225 Bonus
Prestige Checking is one of First Citizens Bank’s top-tier interest-bearing checking options and features perks not included with other checking accounts. Enrollment in Your Family First is automatic and qualifies you for the $200 mortgage closing cost credit, the $25 Coverdell Education Savings Account credit and the 2,500 bonus points if you get the bank’s rewards credit card.
Here’s the info you need to know:
Cash value: Up to $225
Minimum deposit to qualify: $100
Expiration date: None
How to get it: Open a Prestige Checking Account with a $100 deposit to earn the credits.
When you’ll get it: The closing cost credit will be applied at mortgage closing. The Coverdell Education Savings Account credit will be credited within 90 days of opening the account.
Terms and conditions: Accounts and credit subject to bank approval
Monthly fee: $25, but waived by meeting certain requirements
Promotion page: Prestige Checking Account bonus offer
More on Banking: 10 Banks Offering Free Checking With No Minimum Balance
Best Business Account Promotion
A First Citizens Bank business account bonus gives your bottom line a boost. Keep reading to learn about this month’s promotion.
First Citizens Cash Back Business Visa: $100 Bonus
This credit card offers 5% cash back on utilities, 2% back on gas and office supplies and 1% back on everything else. It also offers a cash bonus. Here’s more:
Cash value: $100
Minimum spend to qualify: $3,000
Expiration date: None
How to get it: Apply and get approved for a card and spend $3,000 in the first 90 days.
When you’ll get it: Sixty days after you qualify
Terms and conditions: The bonus offer is only for new cardholders.
Annual fee: None
Promotion page: First Citizens Cash Back Business Visa bonus offer
Find Out: How Long Does Direct Deposit Take?
Past First Citizens Bank Promotions
You can learn about promotions First Citizens might offer in the future by reviewing those it ran in the past. Here are a couple of promotions that recently expired.
First Citizens Basic Checking Bundle: Up To $300 Bonus
This promotion featured First Citizens Bank’s Free Checking account, which is its most basic checking account. No minimum monthly balances are required, and you can open an account with only $50.
For this promotion, you could earn a $300 cash bonus by meeting the requirements. Here are the details:
Cash value: Up to $300
Expiration date: Expired
How to get it: Customers were instructed to open a new Free Checking account with $50 and set up a direct deposit of at least $1,000 per month or make 10 debit transactions within 90 days of account opening. Next, you needed to open an eSavings account with $25.
First Citizens Premier Checking Bundle: Up To $500 Bonus
This offer gave First Citizens customers a $500 bonus for opening a checking account and savings account. Here’s more:
Cash value: Up to $500
Expiration date: Expired
How to get it: For this promotion, you needed to open a Premier Checking account with $100 and an eSavings account with $25, then maintain the required balances.
How To Open a First Citizens Bank Account
To open a First Citizens account, you must be at least 18 years old and a resident of one of the states where the bank operates. You can open an account at a First Citizens branch or online. Here’s what you’ll need to provide:
Name, address and phone number
Social Security number or Individual Tax ID number
Driver’s license, passport or other state ID.
Everything You Need To Know: How To Open a Bank Account Online
How Much Money Will First Citizens Bank Give You for Opening an Account?
You can earn up to $225 in bonus credits by meeting the requirements for either of First Citizens Bank’s checking account promotions in June, and $100 for its business account promotion. These deals are worth looking into if you live in First Citizens’ service area and are hunting around for new accounts with a full-service bank.
More on First Citizens Bank
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Rates, offers and requirements are subject to change.
This content is not provided by First Citizens Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by First Citizens Bank.
This article has been updated with additional reporting since its original publication.
This article originally appeared on GOBankingRates.com: Newest First Citizens Bank Promotions, Bonuses and Offers: June 2020
