Deal has ended, view more bank account bonuses by clicking here.
Update 9/10/22: Deal is back and valid until September 24.
Offer at a glance
- Maximum bonus amount:Â $200
- Availability:Â LA only
- Direct deposit required:Â Yes, no minimum listed
- Additional requirements:Â See below
- Hard/soft pull:Â Unknown
- ChexSystems: Yes, sensitive
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â 60 days, bonus forfeit
- Household limit:Â None
- Expiration date:Â
November 13, 2021April 9, 2022
Contents
The Offer
- Gulf Coast Bank & Trust Company is offering a $200 checking bonus. Bonus is broken down as follows:
- Open a new personal checking account (Free Checking, Interest Checking, Interest Checking Combo, Reward Checking, Easy Checking, Educators Plus Checking, and Select Checking) with money not currently on deposit with Gulf Coast Bank & Trust between March 6, 2022 and April 9, 2022
- Have at least one direct deposit credited to this account within 60 days from the date the account is opened or at least one ACH debit posted to the account within 60 days from the date the account is opened.
The Fine Print
- The personal checking account must remain open for at least 60 days from the account opening date.
- This offer expires on November 13, 2021. Gulf Coast Bank and Trust may change or terminate this offer at any time without notice.
- Offer valid only for Louisiana residents.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
They offer a free checking account with no monthly fees to worry about.
Early Account Termination Fee
Account needs to be kept open for 60 days otherwise bonus is forfeit.
Our Verdict
Not much time to complete this bonus, but if anybody goes for it please share your experiences in the comments below.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
