FIRST DIRECT CHECKING
Exclusive Perks and Easy, Everyday Banking
Premium benefits for employees of Workplace Banking partners, first responders, members of the military, healthcare professionals, and educators.
Why Choose First Direct Checking?
- No opening deposit required1
- Earns interest starting at $2,5002
- CD interest rate bonus of 0.05% APY3
- No annual fee on new Home Equity Lines of Credit (HELOC)4
- FREE Specialty Checks
- Complimentary retirement consultation
- Discount on residential first mortgage closing costs5
- 25% discount on Safe Deposit Box rental where available
- Free Official Checks and Money Orders
$0 Maintenance Fee If You:
- Make one $200 direct deposit6 per month
- Otherwise, $10 monthly maintenance fee
Features to Make Everyday Banking Easy
- Send money to friends and family quickly with Zelle®7
- Avoid overdraft fees with Overdraft Helper™8
- Two overdraft items waived per rolling 12-month calendar
- No Overdraft Protection Transfer fees9
- Access to 40k+ ATMs with no fees through MoneyPass
- ID theft protection10 & card controls with mobile wallet-ready Mastercard® debit card
- Free eStatements (paper statements are $3 per month)
Benefits of Banking with a Best Bank11
Check Rates and Open an Account Now.
1 Make a deposit within 60 days to avoid account closure or maintenance fees. Other service fees may apply. Please see our Banking Fees.
2 The variable interest rate and annual percentage yield for your account depends upon the applicable balance. The interest rate and annual percentage yield for these tiers may change at any time. Interest will accrue daily and credit monthly.
3 Cannot be combined with promotional CD offers.
4 Subject to credit approval.
5 Credit may only be applied towards closing costs and not applied as a principal reduction, or considered part of any minimum down-payment requirement, or be used towards cash back to the borrower at closing. May not be combined with any other offer or exceed third party contribution limits. First Direct account must be opened prior to the initial underwriting of the loan.
6 Multiple deposits of less than $200 will not qualify. First direct deposit must be received within 30 days of account opening.
7 Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license. To send or receive money with Zelle®, both parties must have an eligible checking or savings account.
8 No overdraft fees if you’re overdrawn by $50 or less at the end of the business day and no daily fee until day 5. Overdraft Helper™ does not require enrollment and comes with most First Merchants Personal Checking accounts. It does not apply if an account is set up for overdraft protection transfers from another account or for Simple Access accounts, which do not permit overdrafts.
9 To help you avoid overdraft fees, we recommend calling or coming into a branch to link another First Merchants account for overdraft protection transfers. If you overdraft, we’ll automatically transfer funds in $50 increments from your linked deposit account—with no transfer fee. Linked account balance must cover the overdraft, and standard account fees may still apply.
10 Certain restrictions, terms, and conditions apply.
11 See details on our ‘Best bank’ awards at firstmerchants.com/awards-accolades