[Expired] [LA, MS, FL, AL, TX] Hancock Whitney Bank $300 Checking Bonus

Deal has ended, view more bank account bonuses by clicking here.

Note: This time it states ‘This offer is non-transferable and cannot be combined with other offers. Only the person to whom this offer is addressed is eligible for this offer’. You can e-mail yourself a coupon so then it will be addressed to you.

Offer at a glance

• Maximum bonus amount: $300
• Availability: LA, MS, FL, AL, & TX only. In branch only [Branch locator]
• Direct deposit required: Yes, $250+
• Additional requirements: None
• Hard/soft pull: Soft
• ChexSystems: No
• Credit card funding: None
• Monthly fees: $21
• Early account termination fee: $20, 180 days (bonus forfeit)
• Household limit: One (this is enforced)
• Expiration date: 6/30/2021

The Offer

Direct link to offer

• Hancock Whitney Bank is offering a bonus of $300 when you open a Connect Checking account and complete the following requirements:
  • Receive a qualifying monthly direct deposit of at least $250 by 8/31/2021

The Fine Print

• Checking Promotion Requirements: Use the promo code referenced above when opening a new Connect Checking account with money not currently on deposit at Hancock Whitney Bank by the offer expiration date of 6/30/2021.
• The promo code is required at account opening. The following criteria must be met by 8/31/2021: Set up and receive a qualifying monthly direct deposit of at least $250 per deposit.
• A qualifying direct deposit includes a salary, pension, social security or other recurring, monthly income amount of $250 or more, electronically deposited by your employer or outside agency.
• Transfers from one account to another or deposits made at a financial center or ATM do not qualify.
• A qualifying direct deposit is a recurring electronic deposit of at least $250 of your paycheck, pension, or government benefit (such as Social Security) electronically deposited by your employer, the government, or outside agency.
• Qualifying direct deposit does not include payments received from apps such as PayPal or Cash App, and other similar payment providers.
• Tax refunds and Stimulus Checks are not qualifying direct deposits.
• Deposits made at a financial center, via ATM, online transfer, mobile device, debit card/prepaid card number or the mail do not qualify. The bank may change or discontinue the offer at any time and without notice.
• This offer is non-transferable and cannot be combined with other offers. Only the person to whom this offer is addressed is eligible for this offer. Limit of one consumer checking-related bonus per household per calendar year
• If your account meets the criteria, and remains open and active, we will deposit the earned bonus into your new Connect Checking account within 6 weeks after the qualification period of 8/31/2021. Bonuses may be considered interest and may be reported on IRS Form 1099.

Avoiding Fees

Monthly Fees

Connect Checking account has a $12 monthly fee. This can be waived if you maintain one or more of the following: a minimum daily collected balance of at least $1,500 or more or $5,000 in combined deposits (excluding CDs and IRAs) or consumer loans (excluding mortgages) and credit card balances.

Early Account Termination Fee

$20 fee is charged for each account if the account is closed within 180 days. Looks like you might also forfeit the bonus.

Our Verdict

This is better than the recent $300 bonus as it’s much easier to keep fee free. I’ve been waiting for this variation of the bonus to return for some time and will add it to the best bank account bonuses.

Hat tip to gli