I’ve been tracking bank bonuses for years, and when I see a regional bank offering $700 for new customers, it immediately gets my attention. First National Bank’s “Common Sense Bundle” is currently offering exactly that – up to $700 when you open both a checking and savings account. After digging into the details, this might be one of the most lucrative regional banking deals available right now.
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Breaking Down the $700 FNB Common Sense Bundle
First National Bank has structured this as a two-part bonus that adds up to $700:
$400 Checking Bonus when you:
- Open a new personal checking account
- Make direct deposits totaling $2,500 within three months
- Complete 15 debit transactions within three months
$300 Savings Bonus when you:
- Open a new savings account (FirstRate Savings or FirstRate Money Market)
- Deposit $5,000 in “new-to-bank” money at opening
- Maintain that $5,000 balance for three months
Both bonuses will be credited within 15 business days after the three-month promotional period ends.
Is This Bonus Worth Your Time? Let’s Do the Math
I always calculate the effort-to-reward ratio before chasing any bank bonus. Here’s my analysis:
Time investment:
- Account opening: ~45 minutes for both accounts
- Setting up direct deposit: ~15 minutes
- Making 15 debit transactions: Minimal extra time if incorporated into regular spending
- Total time: Approximately 1 hour
Money requirements:
- $2,500 in direct deposits over three months (money you’d earn anyway)
- $5,000 to deposit and maintain in savings for three months
For about an hour of your time and temporarily parking $5,000 you already have, you’ll earn $700. That’s an exceptional return on investment, especially considering the relatively short three-month timeline.
Trending Checking Account Deal:
The Fine Print You Shouldn’t Ignore
As with any bank bonus, the details matter:
Geographic Restrictions
This offer is only available to residents of Pennsylvania, West Virginia, Ohio, North Carolina, South Carolina, Washington D.C., Virginia, or Maryland. If you’re outside these states, you’re out of luck.
New Customer Requirement
You must be a “new customer” – meaning you can’t have any active FNB accounts when opening these new accounts. If you previously banked with FNB but closed your accounts, you may still qualify.
Direct Deposit Definition
FNB is pretty broad in what counts as a “qualifying direct deposit,” including payroll, pension, Social Security, and government benefits. The $2,500 can be cumulative over the three-month period.
Debit Transaction Requirements
You need 15 “customer-initiated debit transactions” which includes point-of-sale purchases, ATM withdrawals, transfers, online bill pay, wire transfers, checks, and Zelle payments. This is quite achievable – that’s only 5 transactions per month.
The “New-to-Bank” Money Requirement
For the savings bonus, the $5,000 must be “new-to-bank money” – meaning it can’t come from existing FNB accounts. Transfers from other banks, investment accounts, or cash all qualify.
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Who Should Jump on This Offer?
This bonus is particularly attractive for:
1. Mid-Atlantic Residents
If you live in FNB’s service area and are looking for a new banking relationship, this bonus provides excellent incentive to choose them.
2. Those with $5,000+ Available
The savings portion requires maintaining a $5,000 balance for three months. If this would strain your finances, stick to just the checking bonus.
3. Regular Direct Deposit Recipients
The $2,500 direct deposit requirement over three months is easily achievable for most full-time workers or retirees with regular benefits.
4. Active Debit Card Users
If you already use your debit card regularly, meeting the 15-transaction requirement will be effortless.
The Account Features: Worth Keeping Beyond the Bonus?
What makes this offer particularly appealing is that FNB’s accounts have solid ongoing features:
Checking Account Options
FNB offers five different checking accounts, from the basic eStyle Account (no overdraft fees, no checks) to the premium Premierstyle Checking (earns interest, free ATM fees). You can choose the one that best fits your banking style.
Savings Account Benefits
Both the FirstRate Savings and FirstRate Money Market accounts offer tiered interest rates, meaning you earn more as your balance grows. The money market account even allows limited check writing.
Digital Banking Features
All accounts come with free online and mobile banking, Zelle transfers, mobile check deposit, and bill pay. FNB also offers over 1,600 surcharge-free ATMs.
Trending Savings Account Deal:
My Take: One of the Best Regional Bank Bonuses Available
After analyzing hundreds of bank bonuses over the years, I can confidently say this FNB offer is exceptional. The $700 total bonus puts it in the same league as national bank offers, which is impressive for a regional institution.
What I particularly like is the reasonable timeline (three months vs. six months for many bonuses) and the broad definition of qualifying activities. The 15 debit transactions can include almost any account activity, making it easy to meet the requirement naturally.
The main limitations are the geographic restrictions and the $5,000 savings requirement. But if you’re in FNB’s service area and have the funds available, this is definitely worth serious consideration.
How to Apply for the FNB $700 Bonus
Ready to claim your $700? Here’s how to get started:
- Confirm you’re in an eligible state (PA, WV, OH, NC, SC, DC, VA, MD)
- Visit fnb-online.com or a local FNB branch before July 17, 2025
- Use promo code DM7002504 when applying
- Open both a checking and savings account to maximize your bonus
- Set up direct deposit of at least $2,500 over three months
- Make 15 debit transactions during the promotional period
- Deposit and maintain $5,000 in your new savings account
- Receive your bonuses within 15 business days after the three-month period
Remember that this offer expires on July 17, 2025, so you’ll need to act relatively soon if you’re interested.
Bank bonuses are one of my favorite ways to earn extra money with minimal effort, and this FNB offer is particularly compelling. The combination of a generous bonus, reasonable requirements, and solid ongoing account features makes this worth serious consideration for eligible residents.
Disclaimer: This offer is valid until July 17, 2025. Terms and conditions are subject to change. Always verify current offer details directly with First National Bank before applying.
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I signed up for this and my account was opened and promo code applied. 6-9-25 …then got an email today that i am not eligible
Unfortunately, your accounts do not meet the requirements to qualify for the First National Bank (FNB) Common Sense Bundle promotional offer because the address does not match the invitation for the offer and/or it has already been submitted. Account rewards are also limited to one per household per calendar year.
If you are interested in learning about other FNB products and services, please visit your local branch.
Sincerely,
First National Bank