First Citizens Bank Bonus Offers and Promotions
Written by
Cynthia Bowman
Edited by
Emily Gadd
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First Citizens Bank is currently only offering promotions on their five month CD.
| Account | Cash Value of Bonus | Expiration Date |
|---|---|---|
| Certificate of Deposit | Up to | Rates are subject to change |
First Citizens Bank CD Promotions
First Citizen offers CD terms that range from five months to five years. The best rate by far comes with the five month CD.
- Promotional rate:
- Minimum deposit: $5,000
- Expiration date: None listed
- How to claim: Open your account and use an ACH transfer to fund it.
- When you’ll get it: Interest is deposited each month. You can withdraw the interest before the end of the term, but not the initial deposit.
- Terms and conditions: There’s an early withdrawal penalty if you withdraw your initial deposit before the end of the term. No matter how old the account is, you’ll have to pay three months’ interest if you withdraw early.
- Fee: $0
Did You Know?
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.
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.
First Citizens Bank Bonus FAQ
Here are the answers to some of the most frequently asked questions about First Citizens Bank bonus offers.- Who is eligible for the First Citizens Prestige Checking bonus?
- You must open a new Prestige Checking account. You won't be eligible to receive the bonus, however, if you've closed a checking account with the bank in the last 90 days.
- How do I avoid the $25 monthly fee on a Prestige Checking account?
- To avoid the $25 monthly fee on a Prestige Checking account, you must meet one of the following:
- Have at least $25,000 in a combined daily balance across your accounts
- Have at least $6,500 in monthly direct deposits
- Have a $100,000 EquityLine
- Have a loan of at least $25,000
- To avoid the $25 monthly fee on a Prestige Checking account, you must meet one of the following:
- Can I combine the Prestige Checking bonus with other First Citizens promotions?
- While some First Citizens Bank promotions can be combined, it depends. If you are eligible to receive the closing cost credit on your mortgage, there may be other benefits you qualify for. However, the checking account bonuses can't be stacked, since most require you to be a new customer. It may be best to talk to a First Citizens Bank customer service representative if you have any questions or issues arise.
More About First Citizens Bank
Rates, offers and requirements are subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
