Newest Iberiabank Promotions May 2020: Best Offers and Bonuses Worth Up To $700

May's Iberiabank promotions focus on emergency first responders.

Iberiabank is headquartered in Lousiana and provides banking services to customers in Louisiana, Alabama, Arkansas, Florida, Georgia, New York, North Carolina, Tennessee, Texas and South Carolina. The bank occasionally runs promotions that offer cash bonuses to customers, but you have to keep on the lookout for them.

A recent GOBankingRates survey found that half of the respondents don’t keep up with bank promotions and offers, potentially missing out on better banking terms and free cash bonuses. Keep reading to learn about the Iberiabank Bank promotions for May:

Iberiabank Promotions at a Glance

Two of this month’s Iberiabank offers are a form of thank you to the front-line workers during the COVID-19 pandemic. Here’s a quick rundown:

Best Iberiabank Promotions: May 2020
AccountCash Value of BonusExpiration Date
Iberiabank Freedom Checking Account Promotion for First Responders$250None
Iberiabank High Interest Checking Account Promotion for First Responders$400None
Iberiabank Platinum Visa Credit Card Promotion$50None

Current Iberiabank Promotions

Iberiabank bonuses come with terms and conditions you need to meet to earn the cash. Take a closer look at the May 2020 Iberiabank Bank promotions, which have a combined value of $700:

Iberiabank Freedom Checking Account Promotion for First Responders: $250 Cash Bonus

The Freedom checking account is Iberiabank’s simplest checking account, offering low fees and minimums. The $250 Iberibank offer is for fire, police and paramedic employees. Here’s how to earn the bonus:

Save for Your Future
Sponsors of
  • Cash value: $250
  • Minimum deposit to qualify: $50
  • Expiration date: None
  • How to get it: Open a Freedom checking account with at least $50 and receive at least $500 in direct deposits per month.
  • When you’ll get it: Within 100 days of account opening
  • Terms and conditions: Must be a first responder (fire, police and paramedic employee) to qualify
  • Monthly fees: $8 to $10, unless you meet the direct deposit requirements or maintain a daily minimum balance of $1,000
  • Promotion page: Iberiabank Freedom Checking Account Promotion for First Responders Cash Bonus

Iberiabank High Interest Checking Account Promotion for First Responders: $400 Cash Bonus

With the High Interest checking account you can earn an annual percentage yield of 0.05% to 0.25%, depending on your account balance. Here’s more on how to earn the $400 cash bonus:

  • Cash value: $400
  • Minimum deposit to qualify: $100
  • Expiration date: None
  • How to get it: Open a High Interest Checking account with at least $100, sign up for at least $500 in direct deposits per month and maintain a minimum daily balance of $5,000.
  • When you’ll get it: Within 100 days of account opening
  • Terms and conditions: Must be a first responder to qualify
  • Monthly fees: $20, unless you meet the direct deposit requirements and maintain a daily minimum balance of $5,000
  • Promotion page: Iberiabank High Interest Checking Account Promotion for First Responders Cash Bonus

Iberiabank Platinum Visa Credit Card Promotion: $50 Cash Bonus

If you’re looking for a new credit card, the Iberiabank Platinum Visa comes with a reward of 5,000 bonus points after you’re approved. You can redeem the points for $50 in cash or apply the amount towards your card’s statement balance. Here’s more:

  • Cash value: Up to $50
  • Minimum deposit to qualify: N/A
  • Expiration date: None
  • How to get it: Apply for the card online or at a branch, get approved and make a purchase.
  • When you’ll get it: On your next statement balance after the purchase
  • Terms and conditions: You don’t normally need Iberiabank coupons to redeem an offer, but be sure to mention the promo code CC-REWARDS.
  • Monthly fees: No annual fee
  • Promotion page: Iberiabank Platinum Visa Credit Card Promotion Cash Bonus

Iberiabank mobile banking app

Opening an Iberiabank Account

If you’re at least 18 years old, a U.S. citizen and live in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Tennessee or Texas, you can apply online. If you’re a legal U.S. resident, you’ll need to visit a local branch to apply. Here’s what you’ll need to provide:

Save for Your Future
Sponsors of
  • Contact information
  • Previous home address if you’ve moved in the last two years
  • Social Security number
  • Government-issued photo ID such as a driver’s license or state ID
  • The funds required to open an account; you can use a debit or credit card or, to transfer funds from an existing account, you can provide the routing number and bank account number
  • The promotional code of the offer (if applicable)

Online Banking Help: How To Login To Your Bank Account Online

Are the Iberiabank Promotions Worth a Switch?

Iberiabank’s promotions might not be enough to make a switch, especially if you live outside the bank’s service area and prefer banking at a branch. But if you live in the bank’s service area and are already considering a new bank, or if you’re a first responder, the Iberiabank bonuses provide an incentive to open an account there.

More Bank Promotions

Information on promotions is accurate as of April 21, 2020. Additional requirements may apply. Offers and terms are subject to change.

This content is not provided by Iberiabank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Iberiabank.

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