FirstBank Bloom Package Reviews (Jan. 2021) | Checking Accounts

Highlights
Monthly Fee	$0
ATM Fee: Out-of-Network	$2.50
Minimum Balance to Avoid Monthly Fee	N/A
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

Low APY. The maximum annual percentage yield for this account is only .05%, and you must keep a minimum balance of $1.
$0 monthly fee. This account does not charge a monthly maintenance fee.
Free bill pay. Pay your bills to practically anyone in the United States through FirstBank.
Hard credit pull. FirstBank may require a hard pull on your credit report to open a checking account.

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 .01% and ranging up to .05% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1.

FirstBank Bloom Package Rates and Terms
Rates	Amount
APY (Annualized Percentage Yield)	.01% - .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 Initial 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
Monthly Fee	$0
Paper Statement Fee	$3
ATM Fee: In-Network	$0
ATM Fee: Out-of-Network	$2.50
NSF Fee	$34
Overdraft Protection Fee (per transfer)	$10
Overdraft Item Fee	$34
Early Account Closure	N/A
Returned Deposit Fee (Domestic)	$12
Debit Card Replacement Fee	$10
Bank Teller Fee	$0
Check Cashing Fee	N/A
Online Bill Pay Fee	$0
Stop Payment Fee	$30
Check Image Service	N/A
Check Copy	$1
Foreign Transaction Fee (Debit Card)	3%
Wire Transfer Fee - Domestic (Outgoing)	$30
Wire Transfer Fee - International (Outgoing)	$45
Wire Transfer Fee - International (Incoming)	$10
Returned Deposit Fee (International)	N/A
Wire Transfer Fee - Domestic (Incoming)	$10
ATM Reimbursement Monthly Limit	N/A

What features and perks does FirstBank Bloom Package offer?

This account includes the following features:

Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
Fraud monitoring - FirstBank Bloom Package monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - FirstBank Bloom Package allows you to manage your money online. This includes depositing checks in your account with your smartphone.

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