First Merchants Carefree Checking
Great for clients who want a simple, easy account that includes all of our free features.
- Loan discounts of 0.25%¹
- Free ATMs nationwide with MoneyPass
- Free Overdraft Protection Transfers from any linked account
- Free Mobile and Text Banking
- Free Online Banking including Bill Pay and People Pay (must be 18 years of age for Bill Pay)
- Free Enhanced MasterCard Debit Card with ID Theft Protection
- Free Gold Standard Rewards™ with first-time login bonus
- Samsung Pay and Apple Pay
First Merchants Carefree Checking is FREE for students (under 25)
Additional Student Benefits²
- No monthly maintenance fee
- Free Paper Statements
How to keep it free:
- Make one transaction per month,³ OR maintain $100 minimum combined personal deposit balances. Otherwise, $5 monthly maintenance fee.
Maximize your benefits by pairing this checking account with our Regular Savings account. See a service associate for more details.
Other service fees may apply. Please see our Banking Fees.
¹With automatic payments from a First Merchants checking account. Subject to credit approval, excludes first mortgage real estate loans and lines of credit, offer valid for consumer purpose installment loans only. ²Students under age 25. At age 25, must meet account requirements to avoid monthly maintenance fee. ³Excludes bank service fees and charges, transaction must post during statement cycle.