[Expired] [FL only] GTE Financial $300 Checking Bonus

Deal has ended, view more bank account bonuses by clicking here.

Update 8/30/24: Extended through 9/30/2024

Update 8/6/24: Extended until 8/31/2024

Update 7/1/24: Bonus now $300

Update 6/29/24: Deal is back and valid until 7/31/24. Hat tip to reader Bockrr

Update 9/7/22: Deal is back and valid until 10/31/22.

Update 4/3/22: Deal is back and valid until 5/31/22.

Bonus is now FL only

Update 11/1/21: Deal is back, no end date listed this time. Hat tip to reader Gadget.

Offer at a glance

The Offer

Direct link to offer

  • GTE Financial Credit Union is offering a bonus of $200 when you open a new checking account and complete the following requirements:
    • Use promo code JOIN300
    • Receive a direct deposit of $500 or more

The Fine Print

  • Offer valid for new GTE Members only.
  • To qualify, new members must open a Go Premium with GTE Secure, Go Full Access, or Go Further checking account.
  • In addition, new members must have direct deposit set-up totaling $500 or more per month within the first 60 days of account opening.
  • Direct deposit must come from an external source, such as an employer or government agency, direct deposits from another GTE Financial account do not meet the qualifications of this incentive offer.
  • New members must also use promotional code JOIN200 at the time of application. GTE Financial reserves the right to end this promotion at any time.
  • This offer cannot be combined with other incentive offers from GTE Financial.
  • Account incentive will be deposited into member’s account within 10 business days from meeting all qualifications for promotion. Federally Insured by NCUA.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Go full access has a $4.95 fee that can be waived by enrolling in eStatements AND making $500 in aggregate deposits per month OR making a combination of 15 monthly debit and/or credit card transactions.

Early Account Termination Fee

Closed Account Within 180 Days: $25 fee (or balance if <$25)

Our Verdict

GTE Financial has offered a $100 checking bonus with no direct deposit required and a $200 checking bonus, but the previous $200 bonus had a monthly fee that couldn’t be avoided. I suspect we might see this bonus pulled before the end date so if you’re interested then sign up sooner rather than later. Some people might prefer the $100 bonus as no direct deposit is required. We will add this to our best checking bonuses.

Hat tip to IS250

Useful posts regarding bank bonuses:
    William Charles
  • On July 1, 2024, 21:30
Tags: direct deposit requiredhard pullnationwide bank bonuses

View Comments (314)

  • To update
    Opening in branch 8/12
    Real DDs 9/13 and 10/25
    A bunch of $1 cash app reloads
    Bonus posted 11/19 $300 to the Regular Share Account.

    I didn't see it there initially since it's blocked in the app initial home screen unless you scroll down. To it.

    Also,
    I did call in a couple times, and chatter service, just to make sure the bonus was tagged to the account.
    However I'm sure there is some manual reviews going on because the last time I called the rep didn't know/see my real DDs.
    I told her it was a German company, and I was actually on the job at the time wearing my company shirt and the deposits were real.
    All worked out.
    -M

    • I hadn't gotten mine and sent a chat on the mobile app, and they said they'll open a ticket with marketing department. Bonus posted next day on 10/29. Looks like they're either backed up from the hurricane or not automatically paying it out?

  • Are you guys closing this account prior to the 180 day mark? I recall seeing fine print on DoC saying the bonus would be forfeited if closed within 180 days.

  • CSR confirmed the promotion is manually added by their marking department and they are a bit delayed due to the hurricane - totally understandable

    They suggested giving it a few more days, so I'll keep an eye out next week

    • Chatted again yesterday to follow up and CSR submitted a ticket to have the marketing team review. Bonus posted today into the Regular Share account! (open date July 6)

  • Does anyone have a screenshot of the offer? They are saying it was $500/month but I remember it being $500 once.

    • Sorry, theyre right:
      *Offer valid for Florida residents only. Member must be 18 years of age or older. Offer valid for new memberships approved between 7/1/2024 and 8/31/2024. Promo code JOIN300 must be used at the time of application. To qualify, the new member must open a Go Premium checking account with GTE Secure, Go Full Access, or Go Further within 90 days of enrollment. Offer not valid for anyone who has banked with GTE Financial in the past. Credit approval and an initial deposit of $5 member owner stock are required.

      New members must also receive a recurring direct deposit totaling $500 or more per month, which must still be active on the payment date.

      Direct deposit must be an electronic deposit of your paycheck, pension, or government benefits; Deposits or transfers from other accounts or financial institutions do not qualify. Person-to-person payments (such as Venmo, CashApp, or PayPal) are not considered direct deposit. If the requirements are met and the checking account remains open and in good standing for 90 days after the member's enrollment date, the $300 incentive will be deposited into the member's savings account at that time.

  • anyone who opened their account in early July get their bonus yet? Specifically the $300 promo.....I'm at 6 or 7 $500 DD's bi-weekly the past 3 months and haven't received anything yet.

    • How early in July?
      Terms say bonus will be deposited 90 days after the member's enrollment date. I opened on July 6, but got my confirmation email on July 10th, so I expect mine to post this week.

      • July 7th I opened and received the confirmation email. May inquire tomorrow about bonus as it was due October 5th (90 days from account open)

          • They are facing a hurricane...this is probably not on the priority list.

            I opened in early July, met the reqs by 9/30. Chatted with a rep yesterday, told to expect payout no later than 10/14.

          • Just call them up. Easier than to go in branch with these things.
            They hit a couple of buttons then suddenly the next day we get out bonuses.

            I still have time before I can start calling but you should be able to get your funds.
            -M

  • FYI, it takes awhile to both get approved and receive the debit card for this account. The debit card is needed to enroll in online banking.

    2024/08/29: Submitted application.
    2024/09/21: Received approval email.
    2024/09/27: Received the debit card in the mail.

  • Opened: 6/18/24
    $260 DD: 7/3
    $260 DD: 7/17
    $260 DD: 8/1
    $260 DD: 8/15
    $260 DD: 8/29
    $501 DD: 9/12
    $200 Bonus Posted: 9/23
    I did reach out on the 21st to see what was going on, the rep told me "it needs to be a minimum direct deposit of $500/mo, I see you only made one in sept" I said no that is wrong, the terms state a TOTAL of atleast $500/mo, he said he would create a ticket for their team to review to see if I was still eligble. Never heard back, but the $200 was deposited Today.

    • Thanks for the update.
      I'm sure I'll be in the same situation when my bonus time comes.
      -M

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