1 All offers listed on this page are available only to full-time employees of Instacart located within First Republic’s footprint. For a full list of locations, please visit firstrepublic.com/locations. Offers are nontransferable. All offers are effective from 10/01/2020 to 12/31/2020, at which time they will be reevaluated.
2 Instacart employees who are currently Investment Management clients will receive the 33% discount if this would result in a greater discount than they currently receive from other promotions in which they may be enrolled. Fees may not be discounted below the minimum annual fee of $7,500.
3 Service charges apply based on overall relationship with First Republic.
*First Republic Private Wealth Management encompasses First Republic Investment Management, Inc., an SEC-registered Investment Advisor, First Republic Securities Company, LLC, Member FINRA/SIPC, First Republic Trust Company, First Republic Trust Company of Delaware LLC and First Republic Trust Company of Wyoming LLC.
Investment and Advisory Products and Services are Not FDIC Insured, Not Bank Guaranteed and May Lose Value.
4 Minimum opening deposit $500. Minimum average daily balance of $3,500 to avoid monthly service fee (currently $25). Minimum daily balance of $3,500 to earn interest. 0.001% Annual Percentage Yield is effective 09/14/2020, and may change after the account is opened. Fees may reduce earnings.
To qualify for the $1,770 bonus offer, you must 1) open a new ATM Rebate Checking account and 2) maintain a minimum $100,000 daily balance for the 180 days following account opening. New money means funds not held by First Republic Bank and its affiliates. Bonus will be credited in your new open account 190 days following account opening if you have completed the requirements.
To qualify for the $250 bonus offer, you must set up direct deposit totaling at least $2,500 within 120 days of account opening. Your direct deposit needs to be an electronic deposit of your paycheck or other source of income such as pension or government benefits (such as Social Security) from your employer or the government. Bonus will be credited in your new open account 130 days following account opening if you have completed the requirements.
Offer is extended only to new, first-time First Republic consumer checking clients. First Republic Private Wealth Management clients who have taken advantage of the fee credit offer are not eligible for the $1,770 offer. Bonuses are reportable for tax purposes in the year credited. One $250 and $1,770 bonus per individual and their immediate family members who reside at the same address.
5 This is not a loan approval or commitment to lend. Loans are subject to First Republic Bank’s underwriting standards and verification of documents provided. Please speak with your banker to determine which loan program is right for you.
6 Rate discount applies to primary residence only and will apply for the duration of the loan’s fixed-rate period. May not be combined with discounts available through the Eagle Community Home Loan Program.
7 Annual Percentage Rate (APR). Rates effective as of 10/01/2020, and are subject to change. To be eligible for this special rate, applicant must be a first-time First Republic Bank client and open and maintain a First Republic checking account with automatic loan payment, direct deposit and Bill Pay. Otherwise, client will be ineligible for this special offer. Your APR could vary based on your final loan amount and finance charges. Minimum opening balance and monthly fees may apply. Property must be located within First Republic’s geographic footprint and secured by a one-to-four unit residential property that is owner occupied as a primary residence. Available for loan amounts up to $3,000,000, first liens only. Contact a Relationship Manager for details. This is not a loan approval or commitment to lend. Loans are subject to the Bank’s underwriting standards and verification of documents provided. Your loan application must be received and locked by First Republic between 10/01/2020 and 12/31/2020. Payment example: Based on a loan amount of $1,000,000 at a simple interest rate of 2.95% (with a corresponding APR of 2.99%), the borrower would be responsible for 360 payments of $4,189.12 over the course of the 30-year term.
8 Standard closing costs will apply. Credit may not be combined with closing cost credits available through the Eagle Community Home Loan Program or the First Home program. All closing cost credits are restricted to nonrecurring closing costs. Closing cost credit is limited to one loan per applicant.
9 Personal Line of Credit consists of a two-year, interest-only, revolving draw period followed by a fully amortizing repayment period of the remainder of the term. Draws are not permitted during the repayment period. Full terms of 7, 10 and 15 years available. This product can only be used for personal, family or household purposes. It cannot be used for the following (among other prohibitions): to refinance or pay any First Republic loans or lines of credit, to purchase securities or investment products (including margin stock), for speculative purposes, for business or commercial uses, or for the direct payment of post-secondary educational expenses. This product cannot be used to pay off credit card debt at origination. The terms of this product may differ from terms of your current loan(s) that are being paid off, including but not limited to student loans. By repaying such loans, you may permanently be giving up tax and repayment benefits, including forbearance, deferment and forgiveness, and you may not be able to reobtain such benefits if this loan is refinanced with another lender in the future. Contact your legal, tax and financial advisors for advice on deciding whether this is the right product for you. Terms and conditions apply. Product is not available in all markets. For a complete list of locations, visit firstrepublic.com/locations. Applicants must meet a First Republic banker to open account. This is not a commitment to lend; all lending is subject to First Republic’s underwriting standards. Applicants should discuss line of credit terms, conditions and account details with their banker.
10 Annual Percentage Rate. Rate effective as of 10/01/2020 and is subject to change. Borrower must open a First Republic ATM Rebate Checking account (“Account”). Terms and conditions apply to the Account. If the Account is closed, the rate will increase by 5.00%. Rate shown includes relationship-based pricing adjustments of: 1) 2.00% for maintaining automatic payments and direct deposit with the Account, 2) 0.50% for depositing and maintaining a deposit balance of at least 10% of the approved loan amount into the Account, and 3) an additional 0.25% for depositing and maintaining a deposit balance of at least 20% of the approved loan amount into the Account.
11 $400 offer is extended only to Personal Line of Credit clients who are new to First Republic and located within the First Republic footprint. To qualify for the $400 offer, your Personal Line of Credit loan application must be received and booked by First Republic between 10/01/2020 and 12/31/2020. $400 will be credited in your ATM Rebate Checking account once the loan has been approved and booked. $400 Personal Line of Credit bonus cannot be combined with the $600 bonus offer listed above. $400 bonus is reportable for tax purposes in the year credited. Limited one bonus per new client. Offer is nontransferable, cannot be combined with other offers and is subject to change without notice.
12 $300 credit offer is extended only to current Instacart employees who are First Republic checking clients who refer new, first-time clients who are current employees of Instacart and located within the First Republic footprint. For clients who have been with the Bank for over 90 days, the $300 will be credited to an open First Republic Bank consumer checking account two business days after the new client’s account opening. For clients who have been with the Bank for less than 90 days, the $300 will be credited to an open First Republic Bank consumer checking account 90 days after the new client’s account opening. Referral credits are reportable for tax purposes in the year credited. Maximum of five $300 referral credits per individual and their immediate family members who reside at the same address per year. You cannot refer someone who resides at your same physical address. By participating in the referral program, the referee will be aware that the referrer is a client of First Republic Bank, and the referrer may become aware of whether or not the referee becomes a client.
13 Minimum opening balance will vary, and a monthly fee may apply if the minimum average balance is not maintained. Please contact your banker to determine which First Republic checking account is right for you.