[Expired] [LA, MS, FL, AL, TX] Hancock Whitney $100 Savings Bonus

Promo has now ended, view more checking bonuses by clicking here

Extended until 12/31/19

Update: Valid until 9/30/19

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: LA, MS, FL, AL, & TX only
  • Direct deposit required: No
  • Additional requirements: See below
  • Hard/soft pull: Soft
  • ChexSystems: Unknown
  • Credit card funding: None
  • Early account termination fee: $20, 180 days
  • Household limit: One (this is enforced)
  • Household limit: None
  • Expiration date: March 31st, 2019 June 30th, 2019 September 30th, 2019 November 30th, 2019 12/31/19

The Offer

Direct link to offer

  • Open a new Silver Savings account with Hancock Whitney Bank and receive a bonus of up to $100.
    • Open a Silver Savings account with a total deposit of $500 or more in new money by 3/31/19
    • Ensure you have an average daily balance of at least $500 on 6/30/19, to receive either a $25, $50 or $100 Visa® Gift Card.
  • Bonus depends on your deposit and average daily balance:
    • $25 gift card with a $500 minimum balance
    • $50 gift card with a $1,000 minimum balance
    • $100 gift card with a $2,000 minimum balance

The Fine Print

  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Savings account has a $3 monthly fee that is waived with an average daily balance of $200.

Early Account Termination Fee $20

This account has an early account termination fee of $20 if the account is closed within 180 days of account opening.

Our Verdict

This is much better than the $100 savings bonus usually available when you open a checking account and even better than the last dedicated savings bonus they offered as well. If you live near a branch I think this is worth doing and will add it to our list of the best savings account bonuses.

Useful posts regarding bank bonuses:
    William Charles
  • On July 6, 2019, 14:00

View Comments (47)

  • 8/21 - Opened account in branch also with a separate checking account bonus offer
    8/21 - 11/30 - Kept a little over $2K balance in account entire time
    12/4 - withdrew all funds except $200 to keep fee free
    12/20 - $100 bonus posts (didn't see until this morning)

    • @will Not sure if they updated the offer since this comment, but I noted the terms are different than as stated in this post... see below re: avg monthly balance now required rather than just a minimum deposit/balance.

      It still seems worth doing and wanted to share because it also appears you can apply online now! Per my emailed promo code:
      " Apply online now or bring this promo code to your nearest Hancock Whitney location and present it when you open a Silver Savings account. There's no need to print. We'll be happy to verify the code right on your smart phone."

      Unfortunately as @guest_856341 mentioned, the San Antonio/Austin area can't open account online even with an emailed promo code. Once zip is entered, the website states:

      "We are unable to process your application online. Please visit one of our convenient branch locations to apply. Thank you."

      NEW TERMS:
      Superscript 1:
      "To be eligible for the promotion: A Silver Savings account, with new money not currently held by Hancock Whitney, must be opened with an opening deposit of $500 or more by 12/31/19. The promo code is required at account opening. The email given at account opening must match the email address submitted to get the offer promo code. Then maintain an average monthly balance of at least $500 or more through 2/29/20.

      If average monthly balance requirement is met, the earned savings bonus will be based on the average monthly balance of the Silver Savings account as of 2/29/20. One savings bonus based on the account’s highest average monthly balance amount.

      Average Monthly Balance on 2/29/20 Savings Bonus
      $0 – $499.99 $0
      $500.00 – $999.99 $25
      $1,000.00 – $1,999.99 $50
      $2,000 + $100"

      • That's same as before, just dates as different. Second time talks about the average daily balance

        • The section "bonus depends on your balance" isnt written clearly then as it references minimum deposit instead of average which makes it sound like only an average of $500 is required and you just have to find the minimum but it doesn't need to be maintained which isn't the case.

          Also, more importantly, the verdict still says
          "If you live near a branch I think this is worth doing..."
          nowhere is it referenced that this can now be done online.

          • "Ensure you have an average daily balance of at least $500"

            I've made the next section clearer

  • DP - I posted this same information in the other Hancock Whitney priority checking bonus post so copying it here since I also opened up a silver savings account for this bonus.

    1. Chex – Yes not sensitive. 40+/12
    2. Applied in branch with an out of state DL/address. Needed manager approval to open account.

  • Can someone who did the bonus before confirm the monthly average aspect: if I open it in July with $500-should I deposit remaining $1,500 by 9/30 and then maintain the monthly average of $2,000 through 11/30?

  • Note that the bonus is now deposited in the account, not a VGC, and counts as interest. Offer valid until 9/30/19 and balance must be maintained until 11/30/19

  • I did the last one where the pay out is in cash instead of vgc... Still a nice 10% roi

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