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.
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they never paid me I CFBB’d them and they paid me within 1 month.
Last time i opened under this promo but after a week,they closed my account without any explanation.
ju
Deal extended until September 24th Chuck William Charles
Link: https://www.gulfbank.com/local-banking-rewards
according to the language on the landing page it is targeted ??
**Offer only available to customers who receive this offer via a direct communication**
Extended until August 5th and $25 savings bonus added William Charles Chuck
Link: https://www.gulfbank.com/local-banking-rewards
Extended until July 2nd Chuck William Charles
Link: https://www.gulfbank.com/local-banking-rewards
5/21 now
They are also running a bonus for a new savings account as well:
https://www.gulfbank.com/local-banking-rewards
Collect an additional $25** bonus with a new savings account.
• Open a new Personal Savings Account with money not currently on deposit with Gulf Coast Bank & Trust
• A minimum opening deposit of $100.00 or more
• Maintain the $100.00 minimum balance for at least 30 days from the account opening date
**SAVINGS ACCOUNT ELIGIBILITY AND REQUIREMENTS: To qualify for this promotion and receive $25, you must meet ALL of the following requirements: Open a new personal Savings Account with money not currently on deposit with Gulf Coast Bank & Trust between March 6, 2022 and April 9, 2022.. Minimum opening deposit is $100 or more. Maintain a $100 minimum balance for at least 30 days from the account opening date. This offer expires on April 9, 2022. As applicable, savings accounts are variable rates and subject to change before and after account opening. Annual Percentage Yields (APY) are accurate as of March 6, 2022. The APY for balances below $100,000 0.20%; $100,000 to $249,999.99 0.20%; $250,000 and above 0.20%. See the Truth In Savings Disclosure for product specific rates and terms.
Chuck William Charles
Opened the personal account and will soon open the savings account. I had a representative call me to ask why I wanted to open this account and if all of my recently opened bank accounts are up to date and why I am interested in banking with them when I have so many other accounts. I just told them I would like to try them out and use their account as a secondary savings account. I told them I have a purpose for each open account that I have (one for mobile deposits, one for my primary account, one for a primary savings account, etc.). Account is opened and I linked my Chase account to initiate an ACH deposit. Let us see how long it takes to get the bonus.