Availability:Residents of Alabama, Arkansas, Georgia, Kentucky, Mississippi, North Carolina, Tennessee, and Virginia.
The latest checking account bonus from First Tennessee Bank, National Association (First Tennessee Bank) is the Digital Banking 2.0 $150 bonus, available now through December 31, 2016.
All four First Tennessee Bank checking accounts (Express, Classic, Select, and Premier) qualify for the bonus. There are monthly service charges attached to all four accounts (Express $7, Classic $8, Select $9, and Premier $12), but they can be waived, with the exception of the Classic Checking $8 charge.
$150 Bonus Requirements
- Opening deposit of at least $300
- At least one direct deposit within the 60 days of account opening
- Must live in Alabama, Arkansas, Georgia, Kentucky, Mississippi, North Carolina, Tennessee, or Virginia (proof of residency required)
- Must be new checking account customers, or have not had an open First Tennessee Bank checking account for at least 12 months
- Opening deposit cannot be transferred from existing First Tennessee Bank accounts
- Limit one bonus per household
- Account must remain open and in good standing for at least six months
- Bonus will be credited to account within six weeks of the first direct deposit
Many thanks to DA reader, susanc, who spotted this offering on First Tennessee Bank’s website.
As mentioned earlier, First Tennessee Bank’s Digital Banking 2.0 $150 bonus is available to individuals residing in Alabama, Arkansas, Georgia, Kentucky, Mississippi, North Carolina, Tennessee, and Virginia through December 31, 2016.
Applying for the bonus and opening a new checking account may be done online (starting at ftb.com/metime) using the code “DB2016”, or by opening the account and presenting a copy of the offer at any of First Tennessee Bank’s financial centers.
For a complete list of First Tennessee Bank locations, please refer to DepositAccounts.com's branch compilation. The vast majority of branches (151) are located in Tennessee.
First Tennessee Bank, National Association has an overall health rating of "A" on DepositAccounts.com, with a Texas Ratio of 7.65% (excellent), based on March 31, 2016 data. In the past year, First Tennessee Bank has increased its total deposits by $1.66 billion, an excellent annual growth rate of 8.81%. Please refer to our financial overview of First Tennessee Bank, National Association for more details.
2014 marked the 150th anniversary year of the founding of First Tennessee Bank. In March 1864, Frank S. Davis realized the potential of the National Banking Act of 1863 and opened Memphis' first national bank. That bank grew into today's First Horizon National Corporation, the parent company of First Tennessee Bank and FTN Financial. First Tennessee Bank is currently the largest bank in Tennessee, with assets in excess of $26 billion.
Other Bank Promotions and Bonuses
Not eligible for any of the First Tennessee Bank bonuses? Check out my latest bank and credit union bonus blog posts to find other promotions. In addition, DepositAccounts.com readers and I also post often on bonuses in the Bank Deals Forum.