Replace 2/4/24: Deal is again till  3/16/2024. Hat tip to reader Blender

Replace 7/14/23: Deal is again and legitimate till 7/30/23. Hat tip to reader Liz.

Replace 4/10/23: Deal is again and legitimate till 04/30/23. Hat tip to readers Shirley & Zindella

Supply at a look

• Most bonus quantity: $500
• Availability: Should open in department, all places in Florida [Branch locator]
• Direct deposit required: Sure, no minimal specified
• Extra necessities: Preserve account open till bonus posts
• Arduous/mushy pull:Smooth pull
• ChexSystems: Unknown, delicate
• Bank card funding:As much as $1,500
• Month-to-month charges: None
• Early account termination charge: Unknown
• Family restrict: None listed
• Expiration date: October twentieth, 2018 None listed 3/31/2022

The Supply

Direct hyperlink to supply

• Open a brand new checking account with BayFirst and obtain a bonus of $400 if you full the next necessities:
  • Set up direct deposit of your wage, pension, SSI or different common month-to-month revenue. They are going to match as much as $400 in deposits (so $300 minimal for full bonus)
  • Preserve account open till bonus posts (inside 30 days of your first direct deposit)
• Open a brand new assertion financial savings account with BayFirst Financial institution and obtain a bonus of $100 if you full the next necessities:
  • Keep an energetic checking account with auto transfers of at the very least $25

The High quality Print

• To qualify for the $250 bonus, you have to be a brand new First House Financial institution checking buyer and certified to open a checking account in accordance with our regular requirements.
• You will need to set up direct deposit of your wage, pension, SSI or different common month-to-month revenue, electronically deposited to your new account
• . Your account should stay open with a view to obtain the $250 bonus, which you’ll obtain inside 30 days of the date your first direct deposit is obtained.
• This provide can’t be mixed with every other affords or coupons and could also be modified at any time.
• All different account phrases pertaining to the actual checking account you select will apply, together with the minimal stability to open an account, which is $100.
• This provide applies to non-public accounts solely.
• The $250 bonus shall be reported to the IRS in accordance with relevant regulation.

• To qualify for the $100 financial savings bonus, you have to be a brand new First House Financial institution buyer and certified to open a financial savings account in accordance with our regular requirements. You will need to preserve an energetic checking account with auto transfers of at the very least $25.
• You’ll obtain your $100 bonus inside 30 days of the date your first direct deposit or automated switch of $25 is obtained in your financial savings account.
• The annual proportion yield (APY) on the Assertion Financial savings Account is 0.15%.
• This provide can’t be mixed with every other affords or coupons and could also be modified or withdrawn at any time.
• All different account phrases pertaining to the actual checking account you select will apply, together with the minimal stability to open an account, which is $100. The $100 bonus shall be reported to the IRS in accordance with relevant regulation.

Avoiding Charges

The best account to maintain charge free appears to be the Merely Free Checking account, this has no month-to-month charges or minimums to fret about. In accordance with bankers requested in department there isn’t any early account termination charge.

Our Verdict

They’ve beforehand supplied a bonus of $160, the benefit of that bonus was that no direct deposit was required. That is an additional $90, so undoubtedly price doing in case you can simply change your payroll or they aren’t strict on what does/doesn’t rely. Additionally bear in mind when opening in department they’ve a $350 enterprise checking bonus that it is best to be capable of do on the similar time if eligible. I’ll be including this to our greatest bonus web page.

Helpful posts concerning financial institution bonuses:

Publish historical past:

• Replace: Seems like that was an older touchdown web page from 2021
• Replace 8/14/22: Deal is again and now $400 as an alternative of $500.
• Replace 7/20/22: Now could be opened on-line
• Replace 6/29/22: There’s a $250 bonus that may be accomplished on-line.
• Replace 6/22/22: Deal is again and legitimate till 7/30/22.
• Replace 5/17/22: Now referred to as Bay First.
• Replace 4/25/22: Bonus is now $500 ($350 checking & $150 financial savings)
• Replace 4/2/22: Prolonged till 5/31/2022. 
• Replace 2/28/22: Prolonged till 3/31/2022.
• Replace 1/1/22: Deal is again and legitimate till 2/28/2022.
• Replace 12/13/21: Bonus is now $400. Legitimate till 12/15/21, so not a lot time.
• Replace 9/19/21: Deal is again and legitimate till 9/25/2021.
• Replace 6/28/20: $100 financial savings bonus not out there. $250 checking bonus is out there however says it’s solely out there to Crunch Health members, YMMV if that is enforced or not (share your datapoints within the feedback). Hat tip to reader Brian C
• Replace 11/10/19: Bonus is again, out there in any respect branches with no finish date listed. Hat tip to reader Brian C
• Replace 5/30/19: Deal is again however for Might thirty first and June 1st solely on the Pinellas Park, FL department. Hat tip to reader Nick