BBVA Compass Bank is offering residents nationwide a chance to earn a $250 bonus by opening a new checking account and meeting the direct deposit requirement. Below is all the details you need to earn your BBVA Compass Bank $250 Checking Bonus!
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BBVA Compass Bank $250 Checking Bonus Summary
To earn your BBVA Compass Bank $250 Checking Bonus, simply open a new checking & savings account and fulfill the simple requirements.
- Bonus Offer: BBVA Compass Bank $250 Checking Bonus
- Availability: Nationwide (Bank Locator)
- Expiration: 11/20/2018
- Credit Inquiry: Soft Pull
- Credit Funding: Up to $5,000 (YMMV)
- Opening Deposit Requirement: $25
- Direct Deposit Requirement: Yes
- Monthly Service Fee: $0, $15, $25; see below on how to waive the fee
- Early Termination Fees: Bonus revoked if the account is closed within 12 months
- Promo Code(s): None
BBVA Compass Bank $250 Checking Bonus: If you are eligible for this bonus offer, apply at participating in branch locations today!
For more BBVA Compass Bank offers, see our full list of BBVA Compass Bank Deals.
Earn the $200 checking bonus:
- To earn $200, open a qualifying checking account, and then set up and receive a qualifying direct deposit.
- Within sixty (60) days of account opening, at least one electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government in the amount of at least $500 must post to the new checking account
- The $200 cash bonus will be deposited into the new checking account within 90 days of meeting the bonus requirements described above. Account must be open and in good standing with a balance greater than or equal to $0.00 at the time of payment in order to receive the new account bonus.
- If you earn the $200 Checking Bonus, you could also earn an additional $50 by opening a BBVA Compass consumer savings account. You must first qualify for the Checking Bonus in order to qualify for the Savings Bonus. The maximum bonus amount is $250. Please see stipulations listed below for each bonus.
You must be a new BBVA Compass consumer checking customer who has not had a BBVA Compass consumer checking account open within the last 12 months or closed due to negative balance to be eligible for the bonus. Eligible accounts include BBVA Compass ClearConnect Checking, BBVA Compass ClearChoice Interest Checking, BBVA Compass ClearChoice Free Checking and Easy Checking
Earn the $50 savings bonus:
- Open a savings account with a $100 minimum, which you must maintain through Jan 23, 2019. To easily apply, check “add a savings account” during the checking account application process.
- The $50 cash bonus will be deposited into the new checking account within 90 days of meeting the bonus requirements described above. Account must be open and in good standing with a balance greater than or equal to $0.00 at the time of payment in order to receive the new account bonus.
Savings account must be opened within 60 days of checking account. You must be a new BBVA Compass consumer savings customer who has not had a BBVA Compass consumer savings account open within the last 12 months or closed due to negative balance to be eligible for the bonus. Eligible savings accounts are BBVA Compass ClearChoice Savings, Build My Savings, ClearConnect Savings and Young Savers. The BBVA Compass savings account holder must be an account holder on the new BBVA Compass consumer checking account.
Avoid Monthly Fees
- ClearChoice Interest Checking: $25 fee can be voided when at least one of the following requirements is met:
- Maintain an Average Daily Collected Balance of at least $5,000 in your BBVA Compass ClearChoice Interest Checking account. OR
- Maintain a combined Average Daily Collected Balance of at least $25,000 in your BBVA Compass ClearChoice Interest Checking and BBVA Compass ClearChoice Money Market Account.
- The primary account holder is enrolled in the BBVA Compass Premier Personal Banking Program and maintains Premier Personal Banking status. (Subject to eligibility. Balance requirements apply. Visit http://www.bbvacompass.com/specialty-programs/premier-personal-banking/ for details.)
- The primary account holder is a BBVA Compass Global Wealth Client.
- Easy Checking: The $13.95 fee is unavoidable.
- Free Checking: There are no monthly fees.
- ClearChoice Checking: There are no monthly fees.
- ClearConnect Checking: There are no monthly fees.
- Checking and savings accounts are subject to approval which may include credit approval
- $25 minimum opening deposit required for new consumer checking and savings accounts
- There is a maximum of one (1) $250 bonus per household. There is a maximum of one Checking Bonus and one Savings Bonus.
- Employees are eligible for each bonus
- Workplace Solutions / Compass for Your Cause clients are eligible for this offer. This Account Opening Bonus is not combinable with other BBVA Compass Workplace Solutions / Compass for Your Cause cash bonus promotions.
- Offer subject to change at any time without notice. BBVA Compass may report the value of the bonus to the IRS as required by law. Any client whose tax status would require BBVA Compass to impose tax withholding of any sort will not be eligible for this bonus.
- BBVA Compass reserve the right to deduct the bonus amount if the account is closed within 12 months of opening.
This BBVA Compass Bank $250 Checking Bonus is pretty generous and easy to earn in respect to the simple requirements. All recent datapoints confirmed it’s a soft pull so your credit score will not be affected. Let us know in the comment section below on your thoughts and experiences with this bank! Be sure to check back on BankDealGuy for more bank deals, and to enhance your banking experience, see our list of the Best Credit Card Deals!
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