[CA only] BayCoast Bank $250 Checking Bonus


Offer at a glance

  • Maximum bonus amount: $250
  • Availability: CA only
  • Direct deposit required: Yes, no minimum specified
  • Additional requirements: See below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: $3, avoidable
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: July 31, 2021

The Offer

Direct link to offer

  • BayCoast Bank is offering a bonus of $250 when you open a new checking account using the promo code BCB250  and complete the following requirements:
    • Open a Direct Checking with direct deposit and get a $100 incentive
    • Make 12 posted debit card purchases within 90 days and get a $50 incentive
    • Sign up for eStatements and get a $25 incentive
    • Make a bill payment and (or) a mobile deposit and get $25
    • Open a safe deposit box and receive a $40 credit toward your annual fee
    • Receive your first order of starter checks with a $10 first order credit

The Fine Print

  • Receive up to $250 with Direct Checking.
  • Minimum opening deposit is $10.00.
  • Average daily balance of $1,500.00 or one direct deposit per statement cycle waives the $3.00 monthly maintenance service charge.
  • Offer valid for new accounts opened by 07/31/2021.
  • Must be 18 years or older to open an account.
  • Customer must not have had an open BayCoast Bank Direct Checking account within the last 12 months.
  • Customer has 90 days after account opening to take the necessary action(s) to qualify for the incentive(s).
  • Starter checks will be provided at no cost following account opening and the safe deposit box credit will be applied directly toward annual rent at the time of box rental.
  • Other incentive(s) will be credited to the account within 90 days of qualification and account must be open and in good standing.
  • Present this offer in person at account opening or enter the promotion code BCB250 during the online account opening process to be eligible for this offer.
  • Only one account is eligible for this offer.
  • Offer is exclusive, nontransferable, cannot be combined with any other offer, and is subject to change at any time.
  • Employees of BayCoast Bank and its subsidiaries are not eligible.
  • Direct deposits are automatic electronic deposits made through the ACH network to your account by someone else, such as an employer issuing payroll or a government or retirement plan paying benefits.
  • It may not include deposits to your account that are made by an individual using online banking, an Internet payment provider, or a merchant advancing payroll using a debit card. ATM transactions do not qualify as debit card purchases.
  • Enrollment in online banking is required to sign-up for eStatements, make bill payments, and perform mobile deposits.
  • Safe deposit boxes are not available at all branch locations and availability varies by branch.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has a $3 monthly fee. This is waived with $1,500.00 or one direct deposit per statement cycle.

Early Account Termination Fee

I wasn’t able to find a fee schedule, so unsure if there is an early account termination fee or not.

Our Verdict

Bit annoying how difficult it is to keep the account fee free, but given it’s only $3 monthly fee it’s not that bad. Need to know if it’s a hard or soft pull to open but if it’s a soft pull then it’s definitely worth doing.

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