[FL, In Branch Only] First Federal Bank $200 Checking Bonus

Offer at a glance

Maximum bonus amount: $200

Availability: FL, In Branch only

Direct deposit required: Yes, $1,000+

Additional requirements: Deposit and maintain $5k or $10k for 60 days

Hard/soft pull: Unknown

ChexSystems: Unknown

Credit card funding: Unknown

Monthly fees: $9, avoidable

Early account termination fee:

Household limit: None listed

Expiration date: September 30, 2026

The Offer

Direct link to offer

First Federal Bank is offering a checking bonus $200:

Receive qualifying direct deposit(s) totaling at least $1,000 in a single calendar month, within 60 days of opening your account

The Fine Print

$200 Checking Bonus is available to new First Federal Bank customers who open a new personal Enhanced Checking Account through a representative at a branch or through a representative-assisted channel during the promotional period ending September 30, 2026.

Accounts opened through the bank’s self-service online account opening process are not eligible.

To qualify, customer must receive qualifying direct deposit(s) totaling at least $1,000 in a single calendar month within 60 days of account opening.

Qualifying direct deposits are ACH deposits of payroll, pension, Social Security, or government benefits from an employer, pension administrator, or government agency.Person-to-person transfers, mobile payment transfers, remote deposits, ATM deposits, and transfers from other bank accounts do not qualify.

Account must remain open, active, and in good standing for at least 90 days from account opening.

Bonus will be credited within 30 days after all eligibility requirements are met.

Limit one bonus per customer tax ID.

Bonus may be subject to tax reporting.

Offer may be subject to change at any time.

All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The $9 monthly account cycle service charge will be waived for any statement cycle in which 20 or more debit card purchase transactions post to the account.This promotional fee waiver is available for new First Federal Bank customers who open a new personal Enhanced Checking account through a representative at a branch or through a representative-assisted channel during the promotional period ending September 30, 2026.Accounts opened through the bank’s self-service online account opening process are not eligible.

Early Account Termination Fee

I wasn’t able to find a fee schedule.

Our Verdict

There is also a $400 business checking that can be done.

Hat tip to ShawntheShawn

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Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.