FirstBank Bloom Package Reviews (June 2021)

Highlights
Monthly Fee	$0
ATM Fee: Out-of-Network	$2.50
Minimum Balance to Avoid Monthly Fee	$0
APY (Annual Percentage Yield)	0.01% - 0.05%

FirstBank Bloom Package Review

FirstBank Bloom Package is offered by FirstBank, a bank founded in 1963 and based in Lakewood, CO. FirstBank Bloom Package is available in 3 states across the USA.

Key Takeaways

Higher than average APY. FirstBank Bloom Package has an annual percentage yield of up to 0.05%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $1.
$0 monthly fee. This account does not charge a monthly Service Charge.
No minimum initial deposit. There is no minimum balance required to open an account.
Bill pay. Pay your bills to practically anyone in the United States through FirstBank.

FirstBank bloom package Pros & Cons

Pros	Cons
Interest-yielding account. Access to physical branches. Free debit card	No signup bonus. Does not provide access to a nationwide ATM network. Only available in 3 states. Higher than average wire transfer fees. Charges a higher than average fee on out-of-network ATM transactions.

FirstBank bloom package FAQ

Are checking accounts from FirstBank federally insured?

Yes, your FirstBank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does FirstBank bloom package offer?

FirstBank bloom package offers an APY starting at 0.01% and ranging up to 0.05% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep an average beginning day balance of at least $1.

FirstBank bloom package Rates and Terms
Rates	Amount
APY (Annual Percentage Yield)	0.01% - 0.05%

What are the account minimums for FirstBank bloom package?

FirstBank bloom package does not require a minimum initial deposit.

FirstBank bloom package Account Minimums
Description	Amount
Minimum Opening Deposit	$0
APY Minimum Balance	$1

What fees does FirstBank bloom package charge?

The good news is that this account does not have a monthly Service Charge.

FirstBank Bloom Package Fees
Description
ATM Fee: In-Network	$0
Bank Teller Fee	$0
Check Copy	$1
Debit Card Replacement Fee	$10
Foreign Transaction Fee (Debit Card)	3%
Monthly Fee	$0
NSF Fee	$34
Online Bill Pay Fee	$0
Overdraft Item Fee	$34
Overdraft Protection Fee (per transfer)	$10
Paper Statement Fee	$3
Returned Deposit Fee (Domestic)	$12
Stop Payment Fee	$30
Wire Transfer Fee - Domestic (Incoming)	$10
Wire Transfer Fee - Domestic (Outgoing)	$30
Wire Transfer Fee - International (Incoming)	$10
Wire Transfer Fee - International (Outgoing)	$45
ATM Fee: Out-of-Network	$2.50

Does FirstBank bloom package charge overdraft fees?

Yes, FirstBank bloom package charges a $34 fee for every overdraft.

FirstBank bloom package offers overdraft protection at a cost of $10 per transaction.

What features and perks does FirstBank bloom package offer?

This account includes the following features:

Fraud monitoring - FirstBank bloom package monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - FirstBank bloom package allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

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