First Bank is apparently feeling generous! They're sending out targeted offers for their Shop Your Way Rewards Card that could net you a whopping 500,000 points – that's $500 in value! The offer is reportedly being sent via email with the subject line "Don’t Miss Out on Your Shop Your Way Rewards – Act Now!", but you can also check if you're eligible by logging into your account.

To snag the bonus, you'll need to spend $5,000 within the first three months of opening the card. The card itself has no annual fee and earns some decent rewards: 5% back on gas, EV charging, tolls, car washes, transit, and rideshare; plus 3% back on dining, groceries, and travel. If you were targeted, this is a pretty easy win for $500, especially since First Bank might offer spending bonuses on the card down the road like they did with the old SYWR card.

Update: Some users are now reporting receiving text messages advertising an additional 100,000 point bonus for applying! If you are targeted for the 500,000 point offer it might be worth seeing if these offers stack.