Gulf Coast Bank and Trust Company Personal Checking $200 Bonus

If you live in Louisiana, Gulf Coast Bank and Trust Company is offering you a $200 welcome bonus for opening any of their personal checking accounts, including their Free Checking.

The bank gives you 60 days to receive a direct deposit OR have an ACH debit post, which is nice flexibility given the solid $200 offer. What's more? They'll give you another $25 if you open a savings account with at least $100 and minimum that balance for at least 30 days.

Keep in mind that the fine print states that this is a targeted offer, and you must have received direct communication from the bank in order to qualify. Some customers have had success contacting the bank to be added to the list for this or future offers.

How To Earn The Bonus

The Gulf Coast Bank and Trust Company Personal Checking promotion requires you to optionally, set up direct deposits and deposit and maintain a minimum balance in order to earn the $200 bonus.

Full requirements to receive this bonus are:

1. Open a new personal checking account using the link below.
2. Within 60 days, receive a direct deposit OR have an ACH debit post.
3. Bonus will be credited to your new account within 30 days following the month end in which the promotional qualification period ends.

The fine print

• The offer is non-transferable, cannot be combined with any other offers.
• The personal checking account must remain open for at least 60 days.
• The new personal checking or savings account must be open and have a positive balance in order to receive the Bonus cash incentive.
• Your account does not qualify for the cash incentive until you provide all of the information we require in connection with opening the account. This includes information we require to identify each account owner, as well as all requirements for the personal checking or savings account product.
• Bonuses are considered interest and will be reported on IRS form 1099-Int.
• Bonus offer cannot be combined with any other offer and is limited to one Bonus cash incentive per household.
• All account applications are subject to our normal approval process.
• The personal checking or savings account can be opened online or at a Gulf Coast Bank Branch.

How does this personal checking offer from Gulf Coast Bank and Trust Company compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Citi®

Citi Priority Account

Bonus

up to $2000

Account Type

Personal Checking

Expires In

14 days

Requires

• Min Balance

Full Details

U.S. Bank

U.S. Bank Smartly™ Checking

Bonus

up to $600

Account Type

Personal Checking

Expires In

21 days

Requires

• Direct Deposit

Full Details

Fifth Third Bank

Personal Checking

Bonus

$275

Account Type

Personal Checking

Expires In

101 days

Requires

• Direct Deposit

Full Details

Why Gulf Coast Bank and Trust Company?

Gulf Coast Bank and Trust Company is headquartered in New Orleans, Louisiana. It was first started in 1990, and has since grown to managing $2 billion in assets and operating 32 branches across the state.

They offer a wide range of both personal and business accounts and services.

They're clearly best positioned as a local regional bank for customers who prefer the convenience of in-person service, but they do also have a mobile app that is well reviewed both in the App Store and on Android.

While the bank doesn't offer bonuses to new customers as consistently as the big national players, when their promotions do come around they're often quite competitive with flexible requirements.

Free Checking

Fees

Free Checking does not charge a monthly fee.

Interest Checking

Fees

Interest Checking does not charge a monthly fee.

Rewards Checking

Fees

Rewards Checking does charge a monthly fee of $9.95, but there are ways to get this waived:

• Maintain an average month to date balance of $5,000.
• OR, maintain an average month to date balance of $25,000 in qualifying deposits.

Easy Checking

Fees

Easy Checking does not charge a monthly fee.

Educator Plus

A free checking account exclusively for those who work for learning institutions in Louisiana or Mississippi.

You'll have to open the account in person (in order to prove you qualify), but once you do, this free account comes with interest on your deposits, rewards on your debit card purchases, premium rates for CDs, and discounts for technology loans, mortgage and credit card fees, and with partners like Enterprise Rent-A-Car and AnyTime Fitness.

Fees

Educator Plus does not charge a monthly fee.

Select Checking

A premium checking account from Gulf Coast Bank & Trust, exclusively for customers who maintain either $250,000 in personal deposit accounts or $500,000 combined across personal deposit, investment, or business deposit accounts.

The account earns tiered interest on your entire balance, and comes with discounts on mortgage and HELOC closing costs, personal and home loan rates, free safe deposit boxes, financial planning seminars and more.

The account must be opened at a local branch, and has an opening deposit requirement of $1,000.

Fees

Select Checking does not charge a monthly fee.

Gulf Coast Bank and Trust Company Locations

You may sometimes be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.

Gulf Coast Bank and Trust Company has a total of 36 branches in the United States.

Get a better idea of how well Gulf Coast Bank and Trust Company can serve you by checking out their branches closest to your area: