Gulf Coast Federal Credit Union is offering residents of Texas a $150 bonus when you open a Share Draft (Checking) Account and meet the requirements listed below.
To get started, you must open a new Share Draft account with a $25 opening deposit. Then set up and receive a Direct Deposit of $250+ within 60 days of account opening, as well as activating and making a Debit Card payment. Once you have done the following you will earn the $150 bonus within 60 days.
Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Editors Note: The promotion can be seen on their the rotating promotional page on their home screen.
Credit goes to Irene for letting us know about this bank promotion. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank promotion and get paid up to $15!
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Table of Contents
Gulf Coast Federal Credit Union $150 Bonus Info
- Direct Link to Offer
- Gulf Coast Federal Credit Union Promotion PDF Printout
- Account Type: Basic Share Draft, Power Package Share Draft Account
- Availability: TX (Bank Locator)
- Expiration Date: None listed
- Credit Inquiry: Unknown, Let us know
- ChexSystems: Unknown, Let us know
- Opening Deposit: $25
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: Yes
- Monthly Fee: $0 – $5
- Additional Requirements: See below
- Household Limit: One per customer
- Closing Account Fee: Bonus forfeited if closed within 60 days
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.
Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary (YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
How To Earn Gulf Coast Federal Credit Union $150 Bonus
- Open a new Consumer Share Draft (Checking) account at Gulf Coast Federal Credit Union with a $25 opening deposit.
- Meet the following requirements within 60 days:
- Set up and receive a Direct Deposit of $250 or more within 60 days of account opening.
- Activate and make a purchase with a Debit Card
- Once you have met the requirements, you will be credited the $150 within 60 days.
How to Avoid Monthly Fees
- Basic Share Draft: No monthly service fees
- Power Package Share Draft: $5 monthly fee, unavoidable
Make sure you check out Gulf Coast Federal Credit Union to learn more about the $150 bonus promotion. Don’t forget, the $150 bonus will be reported on IRS Form 1099-INT.
Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Promotions for all your banking needs.
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The Chase Freedom® Card offers a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
You'll earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and an unlimited 1% cash back on all other purchases. You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
This card has no annual fee and you'll get a free credit score that's updated weekly with Credit JourneySM.