GTE Financial Promotions – $200 for New Accounts

GTE Federal Credit Union, which operates as GTE Financial, is a credit union founded in 1935 and currently headquartered in Tampa, Florida. They primarily have branches in the Tampa- St. Petersburg area and insured by NCUA under charter number 196.

As is required by all credit unions, membership is “limited” but there are ways to become a member even if you don't live near one of their locations in Florida.

The easiest way to become eligible to join GTE Financial is by joining the CU Savers Club. CU Savers Club is a non-profit financial education club that costs just $10 to join. When you join CU Savers Club, you are entitled to become a member of GTE Financial.

GTE Financial – $200

GTE Financial has $200 cash bonus offer when you open a new checking account with promo code JOIN200 and must have direct deposit set-up totaling $500 or more per month within the first 60 days of account opening.

As is the case with these types of offers, the direct deposit must be from an employer or government agency. You can't transfer funds from another account.

There is an early account closure fee if $25 if your balance drops below $25 or you close the account within 180 days.

WARNING: This credit union is known to use a hard inquiry on your credit report when you open an account. This can have an adverse affect on your credit score.

Get $200 from GTE Financial
(Offer expiration not listed)

GTE Financial – $100 No Direct Deposit Offer [EXPIRED]

Previously, GTE Financial had a $100 checking bonus offer that had no direct deposit requirement. For that offer, you just needed to open a new checking account using the promotion code GTE100 and then enroll and login to online banking by the end of the month of your new account.

This offer expired on 9/30/2021 and we're not sure when it will return. We will update this if they bring this no direct deposit offer back.

How Does This Compare?

The offer is good – $200 with a relatively easy direct deposit requirement is solid.

The only downside is that they're known to use a hard inquiry when opening an account. If you are planning on getting a loan anytime soon, you'll want to avoid this as getting a few bucks now and then paying more in interest (from a lower credit score) makes no sense.

As for other banks, here are a few of the offers we like:

⭐ BMO Smart Advantage Checking – $400

BMO Bank is offering a $400 bonus* when you open a BMO Smart Advantage Checking and when you have a total of $4,000 or more in qualifying direct deposits within the first 120 days. It is a very straightforward offer that is available nationwide.

*Conditions apply

👉 Click here to learn more

⭐Citi Priority Account – up to $2000

Citi Priority is offering up to $2000 bonus when you open an account by 1/9/2024. Then, within 20 days of opening your account, deposit at least $10,000 in New-to-Citi® funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $10,000.

👉 Click here to learn more

Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH923 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.

👉 Click here to learn more

Bank of America – $200 Bonus Offer

Bank of America offers a $200 Bonus Offer cash bonus if you open a new account and Set up and receive qualifying direct deposits totaling $2,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.

👉 Click here to learn more

Chase Total Checking® – $200

Chase Bank will give you $200 when you open a Total Checking account and set up and receive a direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!

👉 Click here to learn more

Other Posts You May Enjoy:

How Much Is Costco Gas Near Me Today?

Are you a Costco member and love their gas? Did you ever want to know what the prices are without having to swing by the warehouse? There are plenty of ways to find out!

Gold City Ventures Review: Is it Worth It?

Online courses can be tempting, but too many of them end up not being worth the money you spend. On the flip side, some courses deliver incredible value. Find out if that's the case with Gold City Venture's E-Printables course for selling on Etsy. Learn more.

Vanguard Cash Plus Account Review 2023

The Vanguard Cash Plus Account is Vanguard's cash management account, but is it worth getting? We take a closer look at its offering and compare it to other brokers and cash sweep options.

17 Ways to Lower Your Electric Bill

Year after year, the cost of heating homes in America gets more expensive. But while reducing energy consumption is good for the environment, finding ways to lower your electric bill can also save a lot of money in the long run. With that in mind, here are 17 energy-saving tips for around the home.

About Jim Wang

Jim Wang is a forty-something father of four who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and farms in Illinois, Louisiana, and California through AcreTrader.

Recently, he's invested in a few pieces of art on Masterworks too.

>> Read more articles by Jim

Opinions expressed here are the author's alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities.

As Seen In: