First Tennessee Bank Deal for New Accounts and Loans

First Tennessee Bank is offering a new bank deal that rewards new account holder with up to $396.00.

There are a number of different options offered by First Tennessee Bank to earn the bank deal. First, new bank customers can earn $100.00 for opening a new checking account.  First Tennessee Bank currently has six different checking accounts to choose from which range from the bank’s Classic Checking account to their MAP account or managed asset portfolio account.  New First Tennessee Bank checking account holders will receive the $100.00 bonus when they open a new checking account with a minimum deposit of $300.00 by November 30, 2011 and make at least one direct deposit to the account within 60 days of account opening.

New customers can also earn $100.00 for opening a new Money Market Savings account with First Tennessee Bank.  The bank money market account is an interest earning account that pays interest based on a tiered deposit structure with higher account balances earning higher interest rates.  Customers will receive this $100.00 bonus when they have a new or existing First Tennessee checking account, then open a new Money Market Savings account with at least $10,000 by November 30, 2011.

There is no fee for the money market account for customers with balances in excess of $5,000.00 or if you hold a qualifying checking account with the bank.  Otherwise the monthly fee is $9.00.  As of October 11, 2011 the interest rate on balances of $10,000.00 to $24,999.99 is 0.40%.  The standard annual percentage yield for the First Tennessee money market savings account is variable and subject to change.

Bank customers can also earn a $100.00 Visa gift card for closing a loan through First Tennessee Bank.  To receive the $100 Visa Gift card, customers must apply for a new bank loan by November 30, 2011 and mention the offer.  The $100.00 bank deal is good for real estate secured portfolio loans or home equity lines of credit.  The Visa Gift card will be mailed to you approximately four weeks after the loan is closed.

The last $96.00 can be earned by completing all three of the offers.  Customers that make all three offer requirements (checking, savings, and loan) by the stated deadlines, will receive a $96.00 bonus, which will be credited to the Bonus Checking account by January 31, 2012.

Checking and savings bonuses are not available for accounts opened online, and are for new First Tennessee checking and savings households only.  Account openings are subject to bank approval.  First Tennessee loans and lines of credit are subject to credit approval.
First Tennessee Bank is part of the First Horizon National Corporation.  The bank does business across TN with over 180 bank branch locations statewide.  First Tennessee recently began offering deposits by mobile phone.  First Tennessee checking account customers can deposit checks into their First Tennessee accounts by taking photos of the checks on their iPhones and sending the images electronically to First Tennessee for deposit.

The current bank deal promoted by First Tennessee Bank as well as all of the financial products and services offered by First Tennessee Bank are subject to updates and modification.  Certain restrictions and requirements may also apply to the listed bank deal and bank products.  Please contact the bank directly for full details and disclosures.  First Tennessee Bank 1-800-382-5465.

This entry was posted on Monday, October 10th, 2011 at 7:20 pm and is filed under Bank Deals. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.