It's always a good feeling when your bank throws a little something extra your way, isn't it? Especially when it involves actual cash bonuses just for doing your regular banking. First Horizon Bank, a significant player headquartered in Memphis and the largest in Tennessee, seems to be on a mission to make banking more rewarding for its customers across a wide swath of the country – think Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, New York, South Carolina, Texas, Tennessee, and Virginia.
Right now, there are some particularly attractive offers on the table, with a couple of them set to expire on November 29, 2025. Let's dive into what's available and how you can snag these bonuses.
The Generous $700 Checking & Savings Combo
This is a pretty sweet deal if you're looking to open both a checking and a savings account. The total bonus you can earn is $700, broken down into two parts. First, you can get a $450 bonus by opening a FirstView Checking account. To earn this, you'll need to set up direct deposits totaling at least $2,000 within 90 days of opening the account. It’s worth noting that qualifying direct deposits are things like payroll, pension, or Social Security payments – so your regular income streams count. This offer requires a soft credit pull, meaning it won't ding your credit score, and there's no monthly fee for the FirstView account. You'll need a $50 minimum to open it, and the bonus is paid within 15 business days after you meet the requirements, provided your account is open and in good standing.
But wait, there's more! To get the additional $250 bonus, bringing your total to $700, you'll need to open a Traditional Savings account at the same time. The catch here is to deposit $3,000 or more in new money into this savings account within 30 days of opening it, and then keep that balance for 90 days. This new money can't be funds you already have with First Horizon or its affiliates. Once you've met these savings requirements, the $250 bonus will be deposited into your checking account within 15 business days. Both accounts require a $50 minimum opening deposit, and remember, these offers are for individuals and can't be combined with other promotions.
A Solid $800 for Business Owners
For those running a business, First Horizon is also offering a substantial $800 bonus for opening a BizEssentials Checking account. Similar to the personal accounts, this also involves a soft credit pull and is available in the same states. While the reference material cuts off before detailing the exact requirements for this business bonus, it's safe to assume it will involve meeting certain deposit or transaction thresholds within a specified timeframe. Business owners are always looking for ways to streamline finances and get a little boost, so this is definitely one to investigate further if you're in their service area.
A Look Back at Past Offers
It's also helpful to see what has been offered previously, as it gives a sense of First Horizon's promotional patterns. We see mentions of an expired $450 checking bonus and a $400 merchant services bonus. While these are no longer available, they highlight the bank's history of offering incentives for various banking needs.
The Fine Print Matters
As with any financial promotion, it's crucial to read the fine print. For the $700 bonus, you need to be a new First Horizon client, meaning you haven't had a consumer checking account with them in the last 12 months. You also need to reside within 50 miles of a First Horizon banking center. The bonuses are reported as interest income on IRS Form 1099-INT, so remember to factor in any tax implications.
Overall, First Horizon Bank is providing some compelling reasons to consider them for your banking needs, especially if you're looking to earn some extra cash through their current bonus offers. Just be sure to check the specific eligibility requirements and deadlines to make sure you don't miss out.
