
If you're a business owner looking to open a new checking account, First Horizon Bank has a great offer for you. They're currently offering up to $800 in bonuses for new business checking accounts.
To qualify for the bonus, you'll need to open a new business checking account and maintain a minimum balance of $2,500. This is a relatively low requirement compared to other banks.
You'll also need to make a minimum of 20 debit card transactions within the first 60 days of opening the account. This can be as simple as paying bills or making purchases.
By meeting these simple requirements, you can earn up to $800 in bonuses for your new business checking account.
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Checking & Savings
First Horizon Bank offers a $700 bonus for opening a new Checking & Savings account. This account is available in 12 states, including Alabama, Arkansas, Florida, and Georgia.
You'll need to make a direct deposit to qualify for the bonus, and a soft credit pull will be performed. This means it won't affect your credit score.
The account has no monthly fee, and you can fund it with up to $50 from a credit card. The bank doesn't charge an early account termination fee, and there's no household limit on the number of accounts you can open.
Here are the details on the account:
Business Checking and Services
First Horizon Bank offers a Business Bonus for new business checking account holders. The bonus amount varies from $400 to $800, depending on the account type and requirements.
To qualify for the bonus, you'll need to open a BizEssentials Checking account and meet certain conditions. These conditions include depositing at least $25,000 within 15 days of account opening and maintaining an average daily collected balance of $25,000 for the first three full statement cycles.
Some of the best business checking accounts that offer bonuses include U.S. Bank Business Checking ($400 or $1200 Bonus), Bank of America Business Checking ($200 bonus offer), and Axos Business Premium Savings ($375 Bonus). Here's a comparison of some of these top accounts:
The First Horizon Bank Business Bonus is available in select states, including AL, AR, FL, GA, KY, LA, MS, NC, NY, SC, TX, TN, and VA. The bonus can be earned by completing 20 qualifying transactions within the first three full statement cycles.
$800 Business
The $800 Business Bonus from First Horizon Bank is a great offer for businesses looking to earn some extra cash. This bonus is available for new clients who open a BizEssentials Checking account and meet the requirements.
To qualify for the $800 bonus, you'll need to deposit at least $25,000 within 15 days of account opening and maintain an average daily collected balance of $25,000 for the first three full statement cycles. You'll also need to complete 20 qualifying transactions within the first three full statement cycles.
The bonus is only available to new clients who haven't had an account at First Horizon within the last 12 months, and you'll need to open a new account with a minimum deposit of $100. The cash bonus will be deposited into your account within 10 business days after qualifying activities are met.
Here are the states where the $800 Business Bonus is available: AL, AR, FL, GA, KY, LA, MS, NC, NY, SC, TX, TN, and VA. Keep in mind that this offer may be targeted, so it's worth checking the First Horizon Bank website to see if you're eligible.
The offer is non-transferable and may not be combined with other offers. The bonus will be reported as interest earned on IRS form 1099-INT, and you'll be responsible for any applicable taxes.
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$400 Merchant Services
If you're looking to earn a bonus for your business, you can consider First Horizon Bank's Merchant Services Account. This account offers a $400 bonus for meeting the requirements, but be aware that it's currently expired.
To qualify for the bonus, you'll need to open a Merchant Services Account and use promo code MSJRNY. This account is available in 13 states: AL, AR, FL, GA, KY, LA, MS, NC, NY, SC, TX, TN, and VA.
One of the perks of this account is that it has no monthly fee. However, be aware that there's an early account termination fee: if you close the account within six months from opening, you'll forfeit the bonus.
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Promotions and Eligibility
First Horizon Bank promotions offer exceptional incentives to bank clients who are new and returning, including checking account bonuses and exclusive savings rates.
To be eligible for these promotions, you'll need to meet certain criteria. The offer is only available in specific states, including AR, AL, FL, GA, KY, MS, NC, SC, TN, and parts of VA (Bristol, Gate City, Weber City).
Here are the key eligibility details:
- Limit one business checking bonus per company.
- This offer is for new checking households only.
- Offer only available for new clients that have not had an account at First Horizon within the last 12 months.
- Offer is only available to the addressee of the offer, is non-transferable, may not be combined with other offers.
About Promotions
First Horizon Bank promotions offer exceptional incentives to bank clients who are new and returning.
New and returning clients can take advantage of checking account bonuses.
Exclusive savings rates are also available to eligible customers.
First Horizon Bank promotions are designed to make banking more rewarding and convenient.
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Are You Eligible?
To determine if you're eligible for a promotion, it's essential to understand the eligibility criteria.
First and foremost, you need to check if the promotion is available in your area. The bonus is only available in specific states, including AR, AL, FL, GA, KY, MS, NC, SC, TN, and parts of VA (Bristol, Gate City, Weber City).
This promotion is for new checking households only, so if you've had a checking account at the bank within the last 12 months, you're not eligible. Additionally, the offer is limited to one business checking bonus per company, so if you've already received a bonus, you won't be eligible again.
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To clarify, the offer is only available to the addressee of the promotion, making it non-transferable. This means you can't pass it on to someone else or use it in conjunction with other offers.
Here are the key eligibility criteria in a quick rundown:
- Available in AR, AL, FL, GA, KY, MS, NC, SC, TN, and parts of VA (Bristol, Gate City, Weber City)
- New checking households only
- No accounts at the bank within the last 12 months
- One business checking bonus per company
- Only for the addressee of the promotion
Conclusion and Summary
First Horizon Bank's bonus program can be a great way to earn some extra cash, but it's essential to understand how it works.
The bonus is available to new customers who open a checking account and meet certain requirements, such as direct deposit and online banking.
In some cases, the bonus can be as high as $200, making it a worthwhile incentive to switch banks.
To qualify for the bonus, customers must complete the required activities within 90 days of opening their account.
First Horizon Bank's bonus program is a competitive offer in the banking industry, with some accounts offering higher rewards than others.
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Frequently Asked Questions
What is the First Horizon $400 bonus?
To earn the $400 bonus, deposit $5,000 into a new BizEssentials Checking account within 15 days and maintain the balance for 3 full statement cycles. This offer is part of First Horizon's account opening promotion.
How long does it take to get the First Horizon bonus?
The cash bonus is deposited within 10 business days after qualifying activities are met. A positive account balance is required to receive the bonus.
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