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First American Bank promotions and offers can be found updated here. Typical offers range from $100 to $500.
First American Bank was established in 1901 and is headquartered in Elk Grove Villag, Illinois. They have 54 locations throughout Florida, Illinois and Wisconsin. If you don’t meet the residency requirements for this institution’s offers, see our bank offers page for other offers. Top offers can be found from TD Bank, Chase Bank, BBVA, HSBC Bank, Wells Fargo and more.
First American Bank’s rates are lackluster upon review. Compare their rates with the nation’s best Savings rates here and the best CD rates here.
I’ll review the current offers below.
[Expired] First American Bank Up To $755 Business Rewards
- What you’ll get: $240 Checking bonus, $100 in free checks, $165 in remote deposits, $250 for merchant services
- Where it’s available: FL, IL, WI
- How to earn it:
- Receive up to a $240 bonus when you open a Commercial or eSpirit Checking account.
- Enjoy your first order of business checks free ($100 value).
- Enjoy free remote deposit slips for the first 3 months and eliminate trips to the bank ($165 value).
- Receive a $250 bonus and help increase sales by offering customers a wide variety of payment options with their merchant services.
- When it expires: 9/30/2019
How To Earn The Bonuses
- Cash Bonus: Available to new eSpirit or Commercial Checking accounts that meet the qualifications to receive cash rewards up to $240.
- To qualify, account must maintain an average daily balance of $1,000 and have at least 5 deposit/withdrawal transactions each statement cycle (transactions must post and appear on your account statement).
- If qualified, $80 will be credited to the account on the statement date for the 2nd, 3rd and 4th statement cycles.
- Account subject to approval.
- Limit 1 per business tax ID.
- Available to new and existing First American Bank customers who do not currently have an eSpirit or Commercial Checking account.
- Excludes Lawyers Trust Funds, Escrow Accounts and Business Trusts.
- Bonus will be reported to the IRS as interest income.
- Standard fees apply, refer to the Schedule of Fees for Business Accounts.
- Terms and conditions subject to change at any time.
- Exclusions apply, see personal banker for complete account details.
- Free Checks: Maximum value $100.
- Remote Deposit Capture: Subject to approval.
- Merchant Services: $250 processing credit for anticipated annual processing volume over $50,000 will be applied to every new approved merchant account after 60 days from activation.
- Stated offer is subject to credit approval and excludes Clover Go accounts.
- Offer is valid from 7/15/19 through 9/30/19 to new First American Bank business checking customers with new merchant accounts that begin actively processing within 30 days of credit approval.
- Offer is valid per tax-ID.
- Promotion subject to change or modification at any time.
- Merchant Services products and services are provided by First Data Merchant Services LLC and not by First American Bank.
- Hardware is sold separately.
- Offer valid only in the United States.
- The Clover name, logo and related trademarks are owned by Clover Network, Inc., a wholly owned subsidiary of First Data Corporation, and are registered or used in the U.S. and many foreign countries.
The Business Checking portion of the promotion is worth a look. Deposit requirement is low and 5 transactions monthly is reasonable. Compare this offer with the best bank bonuses here.
READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here
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