Posted by William Charles on February 21, 2017
Bank Account Bonuses

Published on February 21st, 2017 | by William Charles

34

[Expired] [WI Only] $300 First Bank Financial Centre (FBFC) Checking Bonus – No Direct Deposit Or Monthly Fees



Now says to bring your offer into any branch, so we believe it’s now targeted and enforced. Make sure to follow us on Twitter so you don’t miss out on any deals.

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Applicable to Wisconsin residents only
  • Direct deposit required: Optional
  • Additional requirements: See below
  • Hard/soft pull: Soft
  • ChexSystems: Unknown
  • Credit card funding: None
  • Monthly fees: $0 or avoidable
  • Early account termination fee: $20, 180 days. In addition account must be kept open for 60 days otherwise bonus is forfeit
  • Household limit: One
  • Expiration date: May 12th, 2017

The Offer

Direct link to offer



  • Open any checking account with First Bank Financial Centre using the promotional code Bank300 and receive a bonus of $300 when you complete one the following requirements within 45 days of account opening :
    • Have a direct deposit of at least $250 in a single transaction OR
    • Five signature based debit card transactions

fbfc $300 bonus

The Fine Print

  • Qualifying Activity: Customer must have a recurring, monthly direct deposit credit (an ACH credit) in a single amount not less than $250 or five (5) signature based debit card transactions must post to the account within 45 days of opening account.
  • If any owner or signer on the account has previously been an owner or signer on a different First Bank Financial Centre (FBFC) consumer checking account within the past three (3) years, FBFC reserves the right to deny this incentive.
  • Accounts with an FBFC employee as primary owner and Student Checking accounts are not eligible.
  • Applicable to Wisconsin residents only.
  • This offer cannot be combined with any other offer.
  • If the new account becomes overdrawn or is closed within the first 60 days, FBFC reserves the right to deny this incentive.
  • The $300 cash reward will be deposited into the checking account within 60 days of account opening.
  • Flyer must be presented at account opening, or online promo code Bank300 must be entered during online account opening to receive the reward.
  • Applicable to consumer accounts only.
  • This offer applies to new checking accounts that must be opened with new money not currently on deposit at FBFC.
  • FBFC will honor one (1) offer per household.
  • Offer begins 2/5/17 and expires 5/12/17.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees $0



Easiest account to keep fee free is the free checking account with no monthly fee to worry about.

Early Account Termination Fee $20

This account does come with an early account termination fee of $20 if you cancel it within the first 180 days of account opening. In addition the account must be kept open for 60 days otherwise you will forfeit the bonus

fbfcwi early account termination fee

Our Verdict

This is a great offer and we will definitely be adding this to our list of the best checking bonuses if we can confirm that it’s actually a soft pull. They have offered a bonus of $200 in the past but that required a post card. If anybody signs up for this offer, please share your experiences in the comments below.

Useful posts regarding bank bonuses:



34 Responses to [Expired] [WI Only] $300 First Bank Financial Centre (FBFC) Checking Bonus – No Direct Deposit Or Monthly Fees

  1. Dan says:

    no ability to fund by credit card when opening online. they only allow funding by bank transfer (didn’t even see an option to send in a check)

  2. Bob says:

    Rookie from WI here. What is a signature based debt transaction?

    • Mike says:

      Guessing here, but I imagine a purchase at a store that has a receipt that you sign

    • Cal says:

      Basically, it’s not a PIN (or oddly, PIN-less debit) transaction. PIN debit transactions are any in which you enter your debit card PIN such as you were at an ATM. PIN-less to my knowledge is only used online.

      Presumably, signature transactions earn the bank a bit higher fee, hence the requirements for them on some bank bonuses. In any case, most small value transactions (gas stations, fast food) should work, as well as Amazon reloads (as little as 50 cents) if you follow the instructions here: /wi-300-first-bank-financial-centre-fbfc-checking-bonus-no-direct-deposit-monthly-fees/

    • Curmudgeon says:

      Sometimes you can run a debit card as a credit card then sign instead of entering a PIN. The bank gets more money in transaction fees if run as credit.

    • Tim says:

      When you swipe your debit card, you are given the choice of debit or credit. Choose credit. That is considered a signature based transaction. If the amount is under $35, you probably wont have to sign anyway but it will still be considered a signature based transaction. If you are asked to enter a PIN after swiping, do not enter it. Just hit enter and use as credit. Or tell the cashier that you forgot what your PIN is. Then they will run through as a credit card for you.

  3. Sven Katesh says:

    Data point: Application rejected unless/until I lift the freeze on Chex

  4. testninja says:

    I signed up and just finished the process of opening up my account. They appear to use an archaic online system from the early 2000’s. But I am all up in running. No CC funding, I chose to fund it with a pull from a different bank account. One of their Online Banking Analyst specifically emailed me info about opening up the new Free Checking account and enrolling in online banking. No hard pull on my credit.

  5. Bob says:

    Thanks Doc. Applied and approved.

  6. Highsky says:

    It seems that they only allow in-branch application now? I have seen this on their website and no mention of Bank300 code…

    “To open a new account and receive your $300 cash reward, please visit one of our Convenient Locations, or call us toll free at (888) 569-9909.”

    • alex says:

      Applied on 28th, got approved today. The banker’s welcome email still mentions the promo code. Strange system to set up the online account though….

      • Highsky says:

        Thanks for the comment!

        I did also receive an email from them today saying that they are going to verify my external account for the initial deposit. Yet, there is no welcome email.

        So what does your welcome email contain? Did you also receive the verification email?

        • alex says:

          “FBFC Account Funding” is the first email I got, guess you got the same thing.
          Then two emails from a named banker.
          one is a welcome letter, mentioning “Your promo code Bank300 has been applied to your new checking account, and will be reviewed for qualifying activity after 45 days. Qualifying activity is defined as either 5 debit card purchases or a direct deposit of $250 or more in the first 45 days.”
          Another one is for account number, but you need to open the attachenment then register into a cisco messaging system to retrieve it.
          Then you can register your online account…

  7. Jeremy says:

    I will I give this a go today online. I just had an online chat with them today to confirm you can stll use Bank300 to sign up for the offer online.

  8. Chris says:

    Does the $250 direct deposit have to be from your paycheck or will a $250 ACH from my Chase bank account work to receive the bonus?

    • Matt says:

      I just tried this today ($250 ACH from Chase). I’ll let you know.

      • SkydiverEMT says:

        Any luck with this? And also, I assume this is an ACH from a Chase personal account?

        • Matt says:

          Correct. I just spoke with a CSR and it did NOT count.

          I can confirm that any non-pin transaction qualifies as a “signature-based transaction”. I asked since I ran my purchases as credit but none of the places made me sign. I called to confirm I’m good and she said “As long as you didn’t enter your pin number for the transaction then you are good.”

  9. Maddi says:

    Thanks! Approval for me and 2 kids in WI colleges. They are so happy they may do all their banking there!

  10. J says:

    I did a online chat with them today, I asked if my I had met the requirements for the $300 offer (did a $250 paypal deposit). Chat rep stated that it “looked like I have”. Asked when I should expect the bonus and was told the account would be reviewed in mid April to see if I met the requirements, if I did the bonus would post a week after the review. I think I will do the 5 debit purchases to be safe.

  11. S. says:

    the post says the ETF is for 180 days, but the screenshot says 90 days. which one is it?

  12. San says:

    Anyone has got the bonus ? If yes, please let me know how much time it took after meeting the bonus requirements.

    • S, says:

      I get the bonus 8 days after completing the 5 txns.

      • San says:

        Thank you for the info. How are the debit card transactions coded for you? Bonus Requirement says that, they must be signature based transactions. I made the purchases and used credit card (without PIN) option while paying it. I see them coded with “SIG”, for example “XX7107 CHK PURCH SIG STARBUCKS STORE”. I hope it qualifies as a signature based transaction. If not please let me know.

    • alex says:

      Apllied on 2/28
      Account opened on 3/1
      Bonus posted 4/18
      Looks they waited for 45 day window to pass then check if you have met the requirement. If yes, the bonus is posted in 3 days
      I did open the account online with code although the online application wording has gone

  13. Hanna says:

    This is over for anyone not targeted. The link now takes you to a page asking you to bring your flyer in to a branch.

  14. Attila says:

    I got this easily a few months ago, then took my money out and left the account at $0.00. Today I logged in to find the account has been closed with no message. Less than six months open. No sign of any fee, though I suppose it’s possible some kind of closure notice could come in the mail. I’m in WI but not near any branches; I did it all over the web and phone.

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