First Commonwealth Bank Bonuses: $50, $200 Checking, Business, Referral Promotions (PA, OH, IN, KY, WV)

Find the latest First Commonwealth Bank bonuses, promotions, and offers here.

Update 9/5/24: The $200 checking bonus has recently been extended through 1/31/25.

First Commonwealth Bank Bonuses Review

First Commonwealth Bank exists to improve the financial lives of their neighbors and businesses and consider it a privilege to join their customers on their journey to better. They believe as a community bank that they can make profit with a purpose by helping customers become financially confident by adopting the four life-changing habits of managing, saving, borrowing and protecting their money.

I’ll go over the First Commonwealth Bank offers below.

First Commonwealth Bank $200 Checking Bonus

Open a checking account and meet the requirements, you can earn a $200 bonus.

• What you’ll get: $200 Bonus
• Eligible account: Checking Account
• Where it’s available: PA, OH, IN, KY, WV
• Credit inquiry: Soft Pull or Hard Pull?
• Direct Deposit Required: No
• Monthly Fee: $2-$10; waivable
• How to earn it:
  • Earn $200 when you
    • 1) open a new personal checking account by phone by calling 844.711.2265 or online at fcbanking.com by 1/31/2025 and use promo code ‘FCB22024’ at the time of account opening AND
    • 2) complete 10 or more qualifying debit card purchases that post and clear the account within 60 days of account opening. Qualifying debit card purchases are made at point of sale using your signature or PIN, or electronically or online using your debit card number, including recurring payments.

(Expires 01/31/2025)

Editor’s Note:

• Here’s an alternative link to the offer.
• It’s been reported to be chexsystem sensitive, so it’s best to apply for the “Confidence Checking” since it’s for people who may have a bad chex record.

Fine Print

• Offer Information: Earn $200 when you 1) open a new personal checking account by phone by calling 844.711.2265 or online at fcbanking.com by 1/31/2025 and use promo code ‘FCB22024’ at the time of account opening AND 2) complete 10 or more qualifying debit card purchases that post and clear the account within 60 days of account opening. Qualifying debit card purchases are made at point of sale using your signature or PIN, or electronically or online using your debit card number, including recurring payments. Offer may be extended, modified or discontinued at any time.
• Offer Eligibility: Available to customers residing in First Commonwealth Bank markets (PA, OH, IN, KY, or WV). Offer is exclusive, not transferable, and limited to one checking reward per customer. The new account will not be eligible for offer if any account owner on the new account 1) had an existing First Commonwealth Bank personal checking account at the time of account opening, or 2) have been paid a First Commonwealth promotional credit on a personal checking account using a First Commonwealth promo code in the past 12 months.
• Reward Processing: The $200 promotional credit will be deposited into active accounts within 60 days of all requirements being met and identified as “Promotional Credit” on your monthly statement. The value of the reward may be reported on Internal Revenue Service (IRS) Form 1099, and may be considered taxable income. Please consult your tax advisor regarding your specific situation.
• Account Terms: The minimum amount to open any Hometown Checking account type is $50. There is no opening deposit required for a Confidence Checking account. Full account terms and conditions will be supplied at account opening. Variable-Rate Annual Percentage Yield (APY) for the Hometown Checking + Interest account varies by tier, and the minimum balance to earn interest is $500. For example, as of 9/1/2024, APY by tier is: 0.01% for $500-$2,499.99; 0.01% for $2,500-$9,999.99; 0.01% for $10,000+. Rate and APY may change after the account is opened. Fees may reduce earnings on the account.

First Commonwealth Bank $50 Referral Bonuses

When you refer someone to open a checking account and meet the requirements, you can earn a $50 bonus.

• What you’ll get: $50 Bonus
• Eligible account: Checking Account
• Where it’s available: PA, OH, IN, KY, WV (Bank Locator)
• Credit inquiry: Soft Pull or Hard Pull?
• Direct Deposit Required: YEs
• Monthly Fee: $2-$10; waivable
• How to earn it:
  • Get a $50 Mastercard® Reward Card when your friend registers, opens a new First Commonwealth personal checking account and completes either of the following within 60 days of account opening:
    • Completes 1 direct deposit of $250 or more
    • Completes 10 debit card purchases
  • Your friend earns a $50 Mastercard® Rewards Card as well.

(Limited time offer)

Fine Print

• Bonus may be reported as income to the IRS.
• The Bonus offer is not available if the Referred Person or Business already has a First Commonwealth Bank checking account.
• The program may be discontinued or changed at any time without notice.
• Referrer authorizes the sending of communications to each Referred Person or Business.
• The Referred Person or Business acknowledges that a Reward Card will be issued to the Referrer after all conditions have been met in the time frames provided.
• Reward Cards will be mailed to the addresses within the ReferLive registration system.
• The Reward Cards are subject to Terms and Conditions delivered with the card, including limitations on types of transactions for which they may be used.
• Mastercard® is not a participant or sponsor of this promotion.

First Commonwealth Bank $50 Business Referral Bonuses

When you refer someone to open a checking account and meet the requirements, you can earn a $50 bonus.

• What you’ll get: $50 Bonus
• Eligible account: Business Checking Account
• Where it’s available: PA, OH, IN, KY, WV
• Credit inquiry: Soft Pull or Hard Pull?
• Direct Deposit Required: No
• Monthly Fee: $0-$25; waivable
• How to earn it:
  • Get a $50 Mastercard® Reward Card when your friend registers, opens a new First Commonwealth business checking account and completes the following within 60 days of account opening:
    • Completes a minimum of $2,000 in cumulative deposits
  • Your friend can earn a $150 Mastercard® Reward Card

(Limited time offer)

Fine Print

• Bonus may be reported as income to the IRS.
• The Bonus offer is not available if the Referred Person or Business already has a First Commonwealth Bank checking account.
• The program may be discontinued or changed at any time without notice.
• Referrer authorizes the sending of communications to each Referred Person or Business.
• The Referred Person or Business acknowledges that a Reward Card will be issued to the Referrer after all conditions have been met in the time frames provided.
• Reward Cards will be mailed to the addresses within the ReferLive registration system.
• The Reward Cards are subject to Terms and Conditions delivered with the card, including limitations on types of transactions for which they may be used.
• Mastercard® is not a participant or sponsor of this promotion.

First Commonwealth Bank $150 Business Checking Bonus (Expired)

When you open a business checking account and meet the requirements, you can earn a $150 bonus.

• What you’ll get: $150 Bonus
• Eligible account: Business Checking Account
• Where it’s available: PA, OH, IN, KY, WV
• Credit inquiry: Soft Pull or Hard Pull?
• Direct Deposit Required: No
• Monthly Fee: $0-$25; waivable
• How to earn it:
  • Open a new First Commonwealth Bank personal checking account.
  • Deposit a minimum of $2,000 in cumulative deposits within 60 days after account opening.

(Limited time offer)

Fine Print

• The Bonus offer is not available if the Referred Person or Business already has a First Commonwealth Bank checking account.
• The program may be discontinued or changed at any time without notice.

How To Waive Monthly Fees

• Confidence Checking: $5 monthly service charge waived when you complete 5 or more customer-initiated transactions during your statement cycle
• Hometown Checking + Interest + Solutions: $10 monthly service charge if deposits fall below $2,000 per statement cycle
• Hometown Checking + Interest: $5 monthly service charge if deposits fall below $1,000 per statement cycle
• Hometown Checking: $2 monthly service charge is waived with eStatement enrollment
• Business Checking: No monthly service charge
• Business Solutions Checking: $25 monthly service charge, which can be waived if the minimum daily balance requirement of $5,000 is met
• Elite Business Checking: No monthly service charge
• Business Checking Plus: $10 service charge, which can be waived if the minimum daily balance requirement of $2,500 is met

Conclusion

If you’re a business owner who resides in Ohio or Pennsylvania, you can take advantage of First Commonwealth Bank for a chance to earn  fantastic bonuses when you open a new business checking account and complete the minimal requirements or refer friends and family.

I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.

• Best Savings/Money Market rates
• Best CD Account rates

If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.

Feel free to comment on this post with any questions you may have about First Commonwealth, their accounts they offer, or coupon codes.

Check back often for more First Commonwealth Bonuses, Promotions, or Offers!