[Expired] [LA, MS, FL, AL, TX] Hancock Whitney Bank $300 Checking Bonus + $100 Savings Bonus – No Direct Deposit Required [Targeted]

This offer has expired, more bank account bonuses.

Offer at a glance

Maximum bonus amount: $300 Visa gift card for checking + $100 for savings
Availability: LA, MS, FL, AL, & TX only
Direct deposit required: No
Additional requirements: E-statement enrollment and 5 transactions
Hard/soft pull: Soft
Credit card funding: None
Monthly fees: Waived with $250 balance
Early account termination fee: $25, 180 days
Expiration date: Novmeber 30th, 2016

Contents

1 The Offer
2 The Fine Print
3 Avoiding Fees
4 Our Verdict

The Offer

Open a checking account with Whitney Bank and receive a $300 Visa gift card after enrolling in e-statements and using your debit card 5 times before December 31st, 2016.
Open a Silver Savings account and receive an additional $100 Visa gift card when you deposit a total of $20,000 or more in new money and maintain your $20,000 balance through February 28th, 2017.

Account must be opened in-branch or possibly over the phone. No option to open an account online. Note that in the previous offer, some bankers weren’t able to get the offer, depending on the area etc. It may be worth calling in first to verify before making the trip.

The Fine Print

To be eligible for the promotion: A personal checking account, with new money not currently held by Whitney Bank or Hancock Bank, must be opened.
One gift card per household.
The offer is non-transferable and valid only for person residing at the address the mail was sent to. This cannot be combined with other offers. [Note, this hasn’t been enforced with previous offers]
Gift card will be sent to the address associated with your new account within 4-6 weeks after the qualification expiration date of 12/31/16.
You’re required to pay taxes on all bank account bonuses

Avoiding Fees

The basic checking account (called the ‘Access’ account) comes with a $10 monthly fee, waived with a $250 daily balance and waived for those under age 24 or over the age of 64 (also waived if you have a direct deposit of $250+).

According to reader Vasv, there is an early account termination fee of $25 if closed within 180 days.

Our Verdict

This is obviously an awesome bonus, the downside is that the fine print states it’s targeted. This wasn’t enforced last time, but I imagine if lots of people open accounts this time it will be enforced (if they have that capability). I’m not going to add it to our list of the best bank account bonuses due to that risk, only you can decide if that makes sense to sign up or not.

Big thanks to reader, Chris who let us know. Please consider sharing bank bonuses with this site so we can make it even better.

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