Find an updated list of BayFirst National Bank promotions, bonuses and offers here. Formerly known as First Home Bank, they have many Checking and Savings account bonuses.
Currently, they have a $500 checking and savings bonus after meeting certain requirements.
About BayFirst National Bank Promotions
Headquartered in Saint Petersburg, BayFirst National Bank is the 32nd largest bank in the state of Florida and the 1,088th largest bank in the nation. Established in 1999, it has grown to 581 employees at 7 locations.
I’ll review the BayFirst National Bank offers below.
BayFirst $500 Checking & Savings Bonuses
BayFirst National Bank is offering $500 when you open a new checking account and savings account, then meet certain requirements. Please note that accounts can be opened online.
- What you’ll get: $500 Account Bonuses
- Account Type: Checking and Savings
- Availability: FL, Bank Locator
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,500
- Monthly Fees: None
- Early Termination Fee: Unknown
- Household Limit: None listed
(Expires 07/31/2023)
| For more advanced features in a checking account, compare this offer to BMO Harris Relationship Checking ($600 Bonus), U.S. Bank Smartly® Checking ($1000 bonus), Chase Private Client ($3,000 Bonus), TD Bank Beyond Checking ($300 Bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- To qualify for the $400 bonus, you must be a new BayFirst checking customer and qualified to open a checking account in accordance with our normal standards. You must establish direct deposit to your new account. BayFirst will match up to $400 for direct deposits within the first 5 months of account opening. At the end of each monthly statement cycle a deposit match of up to $100 will be deposited for up to 4 monthly statement cycles, totaling up to $400. Each monthly direct deposit must equal $100 or more to qualify for the monthly bonus match.
- To qualify for the $100 bonus, you must be a new BayFirst Statement Savings customer and qualified to open a savings account in accordance with our normal standards. You must have a BayFirst checking account and must establish direct deposit of your salary, pension, SSI or other regular automated transfers to your new account. BayFirst will match the deposits up to $100 for direct deposits within the first 90 days of account opening.
- To qualify for the $400 bonus, you must be a new BayFirst checking customer and qualified to open a checking account in accordance with our normal standards. You must establish direct deposit to your new account. Your account must remain open in order to receive the $400 bonus. BayFirst will match up to $400 for direct deposits within the first 5 months of account opening. At the end of each monthly statement cycle a deposit match of up to $100 will be deposited for up to 4 monthly statement cycles, totaling up to $400. Each monthly direct deposit must equal $100 or more to qualify for the monthly bonus match. This offer cannot be combined with any other offers or coupons, may change at any time, and may be withdrawn at any time. This offer applies to simply free checking accounts only. There is a $100 minimum to open and no minimum balance required. The $400 bonus will be reported to the IRS in accordance with applicable law. This is not an interest-bearing account. Offer not available for BayLive Checking Accounts. Fees may reduce earnings. Offer expires 07/31/23.
- To qualify for the $100 bonus, you must be a new BayFirst Statement Savings customer and qualified to open a savings account in accordance with our normal standards. You must have a BayFirst checking account and must establish direct deposit of your salary, pension, SSI or other regular automated transfers to your new account. BayFirst will match the deposits up to $100 for direct deposits within the first 90 days of account opening. The deposit match will be deposited on the 91-100 day after account opening. Your account must remain open in order to receive the bonus. The Statement Savings earns 1.75% annual percentage yield (APY) on all balances. Minimum balance to open is $50. Minimum balance of $50 to avoid a $3 monthly maintenance fee. This offer cannot be combined with any other offers or coupons, may change at any time, and may be withdrawn at any time. This offer applies to personal accounts only. The $100 bonus will be reported to the IRS in accordance with applicable law. Fees may reduce earnings. Offer expires 07/31/23.
BayFirst $150 Kids Savings Bonus *No Direct Deposit Required* (Expired)
- What you’ll get: $150 Bonus
- Account Type: Cash Kids Club Savings
- Availability: FL (Bank Locator)
- Direct Deposit Requirement: No
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,500
- Monthly Fees: None
- Early Termination Fee: Unknown
- Household Limit: None listed
(Expires November 30, 2022)
| Compare this savings account to alternatives like Discover Bank Savings (Up to $200 Bonus + 4.30% APY), CIT Bank Platinum Savings (5.05% APY), SoFi Checking & Savings ($275 Bonus + 4.50% APY), and Western Alliance Bank Savings (5.20% APY). |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- To qualify for the $150 Cash Kids Club bonus, You must be new BayFirst customer and qualified to open an account.
- BayFirst will match and pay up to $25 for deposits made per statement cycle for the first six statement cycles.
- To receive bonus payment, account must be open at least until bonus payment is credited to the account.
- Payment will be made each statement cycle.
- No minimum balance requirement.
- Minimum to open is $10.00.
- Offer is subject to change and may be withdrawn at any time.
- Cash Kids Club Savings is a tiered, interest-bearing savings account.
- The interest rate and corresponding annual percentage yield (APY) are tiered.
- If the daily balance in the account is $500.00 or less, the interest rate paid on the entire balance will be 4.92% with an APY of 5.04%.
- An interest rate of 2.97% will be applied on daily balances between $501.00 and $3,000, the APY for this tier will range from 5.04% to 3.35% depending on the balance in the account.
- An interest rate of 1.00% will be applied on daily balances above $3,000, the APY for this tier will range from 3.35% to 2.41%, depending on the balance in the account.
- APY calculations are based on a total deposit balance of $5,000.
- Rates effective as of 8/1/22.
- Rates are variable and are subject to change at the bank’s discretion.
- Rates are calculated on a daily balance method.
- Fees could reduce earnings.
- The $150 bonus will be reported to the IRS in accordance with applicable law.
BayFirst $150 Statement Savings Bonus *Expired*
- What you’ll get: $150 Bonus
- Account Type: Statement Savings
- Availability: FL
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,500
- Monthly Fees: None
- Early Termination Fee: Unknown
- Household Limit: None listed
(Expires September 30, 2022)
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- To qualify for the $150 bonus, you must be a new BayFirst Statement Savings customer and qualified to open a savings account in accordance with our normal standards.
- You must have a BayFirst checking account and must establish direct deposit of your salary, pension, SSI or other regular automated transfers to your new account.
- Your account must remain open in order to receive the bonus.
- BayFirst will match up to $150 for direct deposits or auto transfers within the first 90 days of account opening. The deposit match will be deposited on the 91-100 day after account opening.
- The Statement Savings earns 0.15% annual percentage yield (APY) on all balances.
- Minimum balance to open is $50. Minimum balance of $50 to avoid a $3 monthly maintenance fee.
- This offer cannot be combined with any other offers or coupons, may change at any time, and may be withdrawn at any time.
- This offer applies to personal accounts only.
- The $150 bonus will be reported to the IRS in accordance with applicable law.
- Offer expires 09/30/2022.
BayFirst National Bank $250 Checking Bonus *Expired*
BayFirst National Bank is offering a $250 bonus when you open a qualifying checking account and meet certain requirements.
- What you’ll get: $250 Checking Bonus
- Account Type: Simply Free Checking Account
- Availability: FL
(Offer expires June 30, 2022)
| You can compare this to several great entry level Checking accounts with offers include the BMO Harris Smart Money Checking ($400 bonus), Bank of America ($200 bonus offer), U.S. Bank Smartly® Checking ($1000 bonus), Chase Total Checking® ($200 bonus), SoFi Checking and Savings ($275 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- To qualify for the $250 bonus, you must be a new BayFirst checking customer and qualified to open a checking account in accordance with our normal standards. You must establish direct deposit or auto transfer to your new account.
- Your account must remain open in order to receive the $250 bonus.
- BayFirst will match up to $250 for direct deposits or auto transfers within the first 90 days of account opening.
- The deposit match will be deposited on the 91-100 day after account opening.
- This offer cannot be combined with any other offers or coupons, may change at any time, and may be withdrawn at any time.
- This offer applies to simply free checking accounts only.
- There is a $100 minimum to open and no minimum balance required.
- The $250 bonus will be reported to the IRS in accordance with applicable law.
- This is not an interest bearing account.
- Account must be opened by 06/30/22.
How To Waive Monthly Fees
- Simply Free: None
- Advantage Interest: $10 monthly fee, waivable by keeping your minimum balance above $2,500.
- TrendSetters: None
- Essential: $1.95 monthly fee
- Free Business: None
- NOW Business Interest: $15 monthly fee
- Commercial Interest: $15 monthly fee, waived with a balance of $25,000
- Classic Business: $15 monthly fee
Bottom Line
If you are looking to switch to this Bank, then be sure to read all the fine print and follow the bonus requirements. However, there are definitely better offers out there so feel free to check out more here on HustlerMoneyBlog!
Additionally, comment below if you have experience with this bank! Please provide your feedback, as they make our sites better!
CDs and Savings Accounts are another great way to earn and save money. However, this bank doesn’t offer the best rates. Click the links to see the full list of the best Bank Rates and CD Rates to get the best deal for you!
*Compare BayFirst National Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
* Check back at this page for more Bayfirst National Bank promotions, bonuses and offers.
