Best posts made by chyvan

Don’t do it. I did this offer. I then went to Disney World in FL. They called and said they were closing my account because it looked suspicious to open an account and then take a trip across the country. I said, “It’s an Anywhere Account,” and they wouldn’t budge. The account closure caused a lot of issues when my direct deposit was in limbo (I couldn’t change it in time), and they dragged their feet giving me my money back.

They closed out my friend’s account too. He’d used the mobile app to deposit a check. Because his work phone sends an out of state IP address, they accused him of accessing their system from “all over the country.”

If you’re just opening the account for the $200, there’s a real anecdotal risk you’ll never get the bonus and have to do unnecessary work to fix the mess First Bank causes.

@mistered I’d rent it out and make some money off it until the bank forecloses.

@backsplatter What assumptions did you make? I used it, and I think the numbers run way high. It also ignores the fact that you can manipulate your income and get on expanded Medicaid and pass your costs off on to society. Which is what I do, and I only pay for my dental (about $300/yr) and glasses.