Offer at a glance
- Maximum bonus amount: 300 dollars
- Availability: Only in branch? All branches are in LA (branch locations)
- Direct deposit required: Yes, no minimum
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card financing: Unknown
- Monthly fees: ANY
- Early account closure fee: None listed
- Family boundary: None listed
- Expiration date: 31.8.26
Offers
- Federal Home Bank offers a $300 bonus when you open a new checking account and meet the following requirements:
- Sign up for online bill payment
- Set up at least one recurring Bill Pay payment
- Receive at least one qualifying payroll direct deposit within 30 days of account opening
- Maintain a minimum daily balance of $500
- Keep your account open and in good standing for at least six months
Fine Press
- Offer available to new HFB account customers only.
- Customer must meet the eligibility requirements within the promotional period to receive the $300 bonus.
- Existing HFB customers are not eligible.
- The offer is valid until 31.08.26 and can be modified at any time.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
The cashback check has no monthly fees to worry about.
Early account termination fee
I didn’t see any mention of one in the fee schedule.
Our verdict
It looks like a small bank so I think this will be a very manual process. Sometimes getting approved with these banks can be difficult as well. If you go for it, then share your experiences in the comments below.
Hat tip to the reader Bockrr
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