bank rates

Tennessee Deal: $100 Checking Bonus

You can make a quick 100 bucks simply by opening an Express Checking account at First Tennessee Bank and making one direct deposit.

Just open your checking account by Nov. 30, with at least a $300 initial deposit, and have one direct deposit post to your account within 60 days of opening. Then the Memphis-based bank will add a $100 bonus to your account within six weeks.

The offer is only available for those who don’t already have a checking account with First Tennessee and haven’t had one for at least a year. To retain the $100 bonus, you’ll need to keep your Express Checking account open for at least six months.

While the account carries a $5 monthly fee, just having at least one direct deposit per month will get the fee waived.

You can open an Express Checking account online or stop by a bank branch. If you open the account online, you need to use the code FALL12 to take advantage of the bonus offer (www.firsttennessee.com). If you choose to open the account in person, you’ll need to print out a certificate from the bank’s website and take it with you to a branch.

First Tennessee is a regional bank and has more than 170 locations throughout the state. The bank is a subsidiary of First Horizon National Corp., which also is based in Memphis.

You must be a Tennessee resident to open a checking account with this bank.

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