Newest First Citizens Bank Promotions: Best Offers, Coupons and Bonuses May 2020

You can earn cash bonuses with these First Citizens Bank offers.

First Citizens Bank has more than 500 branches in 19 states in the Northwest, Southwest and Southeast. Right now there are some enticing First Citizens Bank promotions and offers that will appeal to banking customers who are shopping for a new account. Interestingly, a recent GOBankingRates survey found that most Americans don’t do any research on the promotions and bonuses that banks are offering. The survey also found that many people are reluctant to switch banks just for a cash bonus. In fact, as many as 65% of Americans with bank accounts might be leaving free money on the table.

Fortunately for you, GOBankingRates has researched the best First Citizens Bank bonuses you can take advantage of in May 2020. Take a closer look:

First Citizens Bank Promotions at a Glance

To qualify for this month’s First Citizens Bank promotions, you’ll need to open either a First Citizens Premier Checking account or Prestige Checking account. Sound good? Check out the details:

Best First Citizens Bank Promotions: May 2020
Account Cash Value of BonusExpiration Date
Premier Checking AccountUp to $225None
Prestige Checking AccountUp to $225None

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Current First Citizens Bank Promotions

Are you searching for a new checking account? Are you willing to consider changing banks? If so, you’re in luck. These offers are going on right now, and First Citizens Bank coupon codes are not required. Initial opening minimum deposits are reasonable, and there are multiple ways to avoid monthly maintenance fees. Here are the details you’ll need to cash in on these First Citizens Bank promotions for May 2020:

Premier Checking Account: $225 Cash Bonus

First Citizens Premier Checking account is an interest-bearing account that goes beyond basic checking options. Opening a Premier Checking account automatically enrolls you in the bank’s Your Family First service package and qualifies you for the bonus. You’ll get a $200 credit to use toward the closing costs of a First Citizens Bank mortgage loan and a $25 introductory credit for a new Coverdell Education Savings Account — not to mention 2,500 bonus points when you open a First Citizens Rewards Visa Card.

  • Cash value: Up to $225
  • Minimum deposit to qualify: $100
  • Expiration date: None listed
  • How to get it: Open a Premier Checking Account with at least $100.
  • When you’ll get it: The closing cost credit will be applied at mortgage closing. The Coverdell Education Savings Account credit will be credited within 90 days of opening the account.
  • Terms and conditions: Accounts and credit subject to bank approval. $3 monthly charge for paper statements (e-statements are free). No expiration date listed, but offers are subject to change.
  • Monthly fee: $18, waived with $5,000 combined balances, $4,000 in direct deposits, an equity line of $25,000 or a consumer loan of $10,000
  • Promotion page: Premier Checking account cash bonus

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Prestige Checking Account: $225 Cash Bonus

Prestige Checking is one of First Citizens Bank’s more exclusive interest-bearing checking options, and it features valuable perks not included with other checking accounts. Enrollment in Your Family First is automatic and qualifies you for the $200 mortgage closing cost credit, the $25 Coverdell Education Savings Account credit and the 2,500 bonus points if you get the bank’s rewards credit card.

  • Cash value: Up to $225
  • Minimum deposit to qualify: $100
  • Expiration date: None listed
  • How to get it: Open a Prestige Checking account with $100 deposit
  • When you’ll get it: The closing cost credit will be applied at mortgage closing. The Coverdell Education Savings Account credit will be credited within 90 days of opening the account.
  • Terms and conditions: Accounts and credit are subject to bank approval. No expiration date is listed, but offers are subject to change without notice.
  • Monthly fee: $25, waived with $25,000 combined balance, $6,500 in direct deposits, equity line of $100,000 or a consumer loan of $25,000
  • Promotion page: Prestige Checking account bonus offer

Check Out: Best Online Checking Accounts at a Glance

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Past First Citizens Bank Promotions, Coupons and Offers

These First Citizens Bank offers and bonuses have expired, but you never know when they might be available again.

First Citizens Basic Checking Bundle: Up To $300 Bonus

This expired offer involved First Citizens Bank’s Free Checking, which is its most basic checking account. There are no minimum monthly balances to maintain, and you can open one with just $50. Here are the details of this previously available offer:

  • Cash value: Up to $300
  • Expiration date: Expired
  • How to get it: Open a new Free Checking account with $50 and set up a direct deposit of at least $1,000 per month or make 10 debit transactions within 90 days of account opening. Then, open an eSavings account with $25.

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First Citizens Premier Checking Bundle: Up To $500 Bonus

It’s a shame to leave a $500 bonus on the table. But the bank may bring this valuable promotion back online soon. Read on for the conditions that were required for this previously available offer.

  • Cash value: Up to $500
  • Expiration date: Expired
  • How to get it: Open a Premier Checking account with $100 and an eSavings account with $25. Then, maintain the required balances.

More On: Best Second-Chance Checking Accounts

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How To Open a First Citizens Bank Account

To open a First Citizens account, you’ll need to be at least 18 years old and a resident of one of the states where First Citizens Bank operates. You can open an account at a First Citizens branch or online. Here’s what you’ll need:

  • Contact information, including name, residential address, phone and email
  • Social Security number
  • Date of birth
  • A government-issued photo ID
  • The minimum deposit required to open the account

Research: Pros and Cons of Online Savings Accounts

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Is First Citizens Bank Worth Switching To?

This institution is worth looking into if you live in any of the regions where First Citizens Bank has a presence. It has been around for more than 100 years and is dedicated to providing top-quality service to customers through its Your Family First program. The promotions outlined in this article offer real value to those who can take advantage of them, particularly if you’re considering a mortgage loan or starting an education savings account for a youngster.

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Rates, offers and requirements are subject to change.

This content is not provided by First Citizens Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by First Citizens Bank.

This article has been updated with additional reporting since its original publication. 

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