Posted by William Charles on June 23, 2017
Bank Account Bonuses

Published on June 23rd, 2017 | by William Charles


[LA, MS, FL] First Bank and Trust $300 Checking Bonus

FL may no longer work.

Reposting and adding to our best bank bonus page now that it is confirmed soft pull.

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: LA, MS, FL (select areas, when you click open account there is a drop down of valid zip codes). Seems like for FL you need to enter one of the select ZIP codes and then sign up as normal. YMMV
  • Direct deposit required: Yes, $500+
  • Additional requirements: Open green checking
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: None
  • Monthly fees: $12, avoidable
  • Early account termination fee: Six months, bonus forfeit + $25 fee
  • Household limit: None
  • Expiration date: None listed

The Offer

Direct link to offer

  • First bank and Trust is offering a bonus of $300 when you complete the following requirements:
    • Open a green checking account
    • Receive a qualifying direct deposit of $500+ within 60 days of account opening

The Fine Print

  • To receive a $300 Account Opening Bonus, you must establish qualifying Direct Deposits of at least $500 per monthly statement on your account within 60 days of account opening. Qualifying Direct Deposit are deposits from an electronic ACH paycheck, pension, or government benefit (like Social Security) from an employer or the government.
  • Direct Deposits do not include deposits made by an individual such as via online banking, account transfers, or a payment provider such as Paypal.
  • The $300 Bonus shall be paid through a credit to your account within 90 days if the Direct Deposit has been established and deposits have been made and verified.
  • If your checking account is closed within six (6) months of account opening, a $25 early closure fee and the $300 Bonus will be deducted at account closing.
  • Customers who have closed their account in the previous 90 days or with a negative balance are not eligible. Trust, fiduciary, and business accounts are not eligible for this account.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Early Account Termination Fee

If you close your account within six months you will forfeit the $300 bonus and have to pay a $25 fee.

Green Checking Account $12 Monthly Fee

The monthly fee on this account is waived if you have a daily balance of $1,500+

Our Verdict

Nice big bonus, that’s what I love to see! This is worth signing up for if you’re eligible in my opinion as it’s one of the bigger bonuses and it’s a soft pull. Added it to our best checking bonus page to reflect this.

Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:

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How did you find out that this is applicable to Florida? When trying to open an account, all the zip codes start with a 7, and there are no zip codes in FL that start with a 7….they all start with a 3 (plus I don’t recognize any of the cities). There is an option for “Other” in the zip code drop down.

I looked at their locations. There is one (normal) Florida branch in Destin which is not close to me at all. But there are Mortgage Loan Production Offices in my hometown. Sorta tempted to try it, but would like to find out if its a hard pull first (otherwise, that’s just too many unknowns for me).

I entered one of the defined zip codes in the dropdown and then proceeded with my FL home address and zip code.

No cc funding. Only ach transfer.

I got a screen at the end congratulating on successfully opening. Not able to get into online banking due to needing an account number which I did not get. Might be emailed/mailed?

creditkarma and show no hard pulls.

Now received an email saying application incomplete and to contact banker..

Please advise on the outcome of your call. Live in FL and also gonna give it a whirl if no issues on your phone call.

Confirmed. Works for Florida when putting in a NO zip code at the beginning and then proceeding with home address in app process.

No hard pull. no cc funding available.

Update from FL zip code.

Account closed after having successfully opened and funded with $100 ACH.

Was sent letter of closure and $100 check due to not within service area.


I could not proceed after selecting “Other”:

“Thank you for considering First Bank & Trust. We are unable to open online accounts outside of our market area at this time. If you would like to open an account, please visit any one of our locations. For questions please call Customer Service at 504-584-5970.”

All of the zips are in LA. Not sure what this means in terms of availability.

It takes a Whitney Banker
It takes a Whitney Banker

I will be doing this today to test it out as I’m in NOLA. Will report any results on HP, CC Funding, Etc

Please do. I called them twice this morning at two different numbers to ask if they do HP, SP or Chex. and did not get a satisfactory answer…

LOL at the Whitney banker opening up an FB&T checking account…

I’ve seen him comment on other bonuses as well. They are ppl too you know…:)

Terrible hijack of this thread, but if I have a Whitney banker, I need to ask:

The targeted savings bonus that only requires you to have a certain balance on a certain date (for example “on March 31st”).

Does that mean you only have to maintain the balance for the one day?

Here is the DOC link:

I haven’t ever seen an answer for this.

Technically YES. Practically I did a bit longer.
I held required balance for a few days but no more than 3.

Natalia, thanks so much for the DP.

1) Did you get this bonus?

2) Do you remember how long it took to receive the bonus?

3)Was it posted to the account or sent as a gift card?

1. Yes I got $100.00 Bonus for the saving account.
2. I do not recall exactly, it was either last days of April or first few days of May.
3. In a form of $100 generic visa gift card

*** It came in a SMALL envelope, and could of been easily confused for a junk mail.

Sorry forgot to include the important date:
the bonus qualification way was March 31

William, these comments from Natalia should be nominated for best comments. They are really informative and help people trying to get involved in bank bonuses.

I think this info should also be added to the [targeted] Whitney savings bonus post.

All you can do is submit your information online, you can’t open the account today.

“Thank you for submitting an online account opening application with First Bank and Trust. Your application has been submitted for further review. A banker will contact you within 24 hours (or the next business day) of your application submittal. If you have questions or need further information, please contact us toll free at 1-877-426-2498 or 504-584-5970.”

I tried with other and it was your not eligible and I agree I live in Florida and I didn’t see any Florida zip code the branch in Florida has this address 495 Grand Blvd, Suite 270 Miramar Beach, FL 32550

I put 70001 in the drop down list then filled in my Pensacola zip code in the full information and my application was accepted. Of course Miramar Beach is only about 45min-1hr away from me

Did you have to call in and speak with a banker like al260513 mentioned above? Other than that, funding process started and account issued? Im in Jax. Def want to give it a shot but was holding DPs from those that applied already.

Did not, although I presume it was due to my proximity to the branch. I had another bank recently that the nearest branch was Destin and I avoided any issues opening like other people in central or east Florida had.

Thanks for the info. I think i just need to go for it. Doubt any extra inquiries will hurt at this point.

So interesting DP I said screw it and tried to apply and just picked a zip code. Once I was in the application it self I could not find the green account to select so I didn’t complete the application. The bank noticed I did not complete the app and emailed me so I said whatever and called in. The csr asked where I was living so I said Florida and she asked what city and I said Orlando. Apparently someone else in Orlando asked about this (Hello fellow churner) and said they are having IT add more zip codes. So maybe Florida will work even if not close to the panhandle. If anyone saw the green checking account as a option to select let me know.

About to jump into the fine print myself, is the requirement a $500 a one time DD or must it be recurring monthly?

“Receive a qualifying direct deposit of $500+ within 60 days of account opening”

“You must establish qualifying Direct *Deposits of at least $500 *per monthly statement* on your account within 60 days of account opening.”

I’m pretty sure, it means just one DD is enough…or two in the same monthly statement totaling 500 plus. But I’ll just do one (a real one) for 500.

What I want to know is can I go in branch and do this if I don’t live anywhere near a branch…. I’ll be in New Orleans in two weeks, would be a nice little bonus on my trip 😀

Unable to open account in FL.

“Thank you for considering First Bank & Trust. We are unable to open online accounts outside of our market area at this time. If you would like to open an account, please visit any one of our locations. For questions please call Customer Service at 504-584-5970.”

I wouldn’t necessarily count us Floridians out yet. Lets see DPs from those who applied earlier. Often banks use that tool to dissuade the out of area app but can get around using diff zip on tool and legit zip on app.

Hard/soft pull: Unknown
ChexSystems: Unknown
Anyone with DP??

I don’t know about Chex but I didn’t get any hard credit pulls. Opened yesterday.


I live in New Orleans and opened an account online today. I noticed the fine print said only one cash bonus per household.

Did you ask, or do you see a Hard Pull or just a Soft hit on your credit report? Thanks!

How long did they take for initial deposit to be taken from your funding account ?

what did you use for DD?

Anyone find the touting/transit number anywhere?

I opened an account (Pensacola, FL) but cannot for the life of me find that info on their website and it’s too late to call right meow.

Various third party sites say 065002289 so I’ll try a small transfer from my USAA first

Do I look like a cat to you, boy? Am I jumpin’ around all nimbly bimbly from tree to tree? Am I drinking milk from a saucer? Do you see me eating mice?

Just called a customer service rep. She said that is a recurring $500 direct deposit every month, not just a one time thing in order to get the bonus.

Thanks for your DP but I don’t quite believe what she said…

Applied last night, opened and funded. The terms stated inside the application process did a monthly statement cycle of a $500 DD in first 60 days and bonus posts at 90 days. Also terms said this is verified. Not sure with size of the bank if they have same resources as other to systematically post bonuses or reviewed by person. I will do legit DD for this. I got approved with a ton of inquiries so have no hesitation. App also says one bonus per household but I will happily test that after receiving first bonus.

Also wanted to mention when going through online enrollment/debit card preferences it said the bank gives you a dime for every signature based transaction you complete. Never seen a bank do that before? I don’t plan on using the card but wonder if it works for $0.50 Amazon reloads.

Do the monthly direct deposits need to be at least $500 apiece? Or can they be several DD’s totaling $500 or more? I’d like to DD my Uber earnings, but I don’t make more than $500 per pay period.

Applied just now online – OPENED. I’m not in any of the states listed although I do have a Florida address as I snowbird there sometimes.

Here are a few points –

1)Make sure you apply for the GREEN CHECKING.
2)Use the first zip code on the list from Louisiana, application should proceed.
3)I had trouble with the next e-consent page; I clicked DECLINE as page would not allow me to click AGREE; application moved forward. Note: There are other places in the application process where you can consent to e-statements, etc.
4)Use your actual address from one of the states listed, even though you used a Louisiana zip code to begin the application.
5)Must pass onlinine verification “if it’s you” total of 4 questions from your credit history, etc. Mine was rather easy.
6)Take screenshots along the way.

Account will open, account number will be provided at end.

PS-Doc, I apologize for my innapropriate language a few days ago. The short story is that it was a case of mistaken identity, and I am sorry for the emotional outburst. The timing of my post, and the subsequent email I received made me think it was you. I was wrong (obviously).

How many account numbers did it give you? For some reason it gave me 2 account numbers while I opened only 1 account. It said the below. I have just entered X’s in place of the account numbers.

Your new account numbers are XXXXXXXXX|XXXXXXXXXX

Also, looks like they will send an email with a verification link to verify the initial trial deposits to the initial funding source you used. Only after you have verified they will pull out money from your funding bank account. Looks like till then you cannot setup online banking. Still have not received any trial deposits to my funding bank account.

what did you use for DD?

I live in FL but I think I’ll wait until I see more DP’s on central and southern Floridians getting approved for this. I was declined by M&T the other day so I don’t want to waste any more inquiries.

Poster nutbag

Who gets declined by M&T???

I actually did at first when I first heard about M&T bonuses and lived completely out of state (NC). I actually had to wait 30 days before resubmitting application and what I found out was that I was using my parents’ home address in NY as the physical address and then during the verification questions it used my parents address as part of the questions. What I didn’t realize was that with M&T I just needed to be honest and use all my correct information and their system just passed it through. So I guess every bank handles these online applications differently and the key is to see if there is a loop hole in their application process to allow out of state applications.

Scott – If you haven’t been locked out of M&T yet (only 2 tries) and you made the mistake I did just use all of your correct information as if M&T was located in your own state. I also used the incognito mode as well (not sure if it matters or not but I found a DP to use that mode).
Im thinking of trying for this bonus even though I live in a state that’s not even part of their footprint. We shall see.

Everything I entered was correct. I also tried using incognito mode. I’ve read other out of state posters also recently saying they were declined. Maybe M&T has changed their practices.

Well I can tell you that they havent bc I just opened a M&T account on Monday and got my bonus from they today and I have alot of inquires on my Chex report. Must be something else.

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