[Expired] IberiaBank, $150 Bonus for First Responders (Select States)

March 21, 2018

Update 10/5/2019 – This bonus is no longer available. See the current list of bank bonuses.

IBERIABANK has a bonus offer for first responders who open a new checking account. The offer is available only in the following states; AL, AR, FL, GA, LA, TN, & TX.

Bonus & Requirements

Here’s how to qualify for the $150 bonus:

Complete $500 or more of combined direct deposit per statement cycle made to this account within 60 days

$150 bonus will be credited to the new checking account within 90 days from account opening if the above checking requirements have been completed. To the extent required by law, IBERIABANK may report the value of the offer to the IRS on a Form 1099.

Eligibility

Offer available in AL, AR, FL, GA, LA, TN, & TX.
Offers only available to full time employees with fire, police or Paramedic/EMT Services within IBERIABANK’s geographic footprint. Proof of employment may be required.
Primary signer must be a new checking client to IBERIABANK who opens a new non-interest personal checking account with new money not currently held by IBERIABANK.
Limit of one cash bonus per household in a 12-month period. Offer is not available to clients whose accounts have been closed within 90 days or closed with a negative balance.

Fees

Freedom Checking has a monthly fee:

$8 for accounts with e-Statements
$10 for accounts with paper statements

It can be waived with any of the following:

Maintain a minimum daily balance of $1,000 or more
Or, combined monthly direct deposits of $500 or more
Or, you are a student with e-statements*
Or, you are a small business owner* and have an IBERIABANK small business checking account

If your new checking account is closed within the first six months, the earned bonus will be deducted at account closing.

Guru’s Wrap-Up

They’ve had bonuses as high as $300 in the past and even ones that didn’t require a direct deposit. This bonus is for only $150 and only available to first responders. Freedom Checking that you need to open for this account is a bit easier to keep fee-free than the High Interest Checking that you needed for the better bonuses.

If this bonus is not for you, then you can check our full list of available bank bonuses. If you’re new to bank account bonuses, you can learn more about churning bank accounts here.

Offer Details

Apply Online
Account Type: Freedom Checking
Availability: AL, AR, FL, GA, LA, TN, & TX
Credit Card Funding: No
Expiration Date: None
Hard Inquiry: Soft pull
Direct Deposit Requirement: $500 within 60 days
Other Requirements: No
Monthly Fee: $8 (Waived with $1,000 balance)
Closing Account Fee: None (Must keep account open for 6 months to receive bonus)