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The Offer
There are three separate offers Compass cardholders are receiving:
- Via Email: Spend $2,000 in the travel category on the BBVA Compass NBA credit card and receive a bonus of 10,000 points, or $100. Valid July 1, 2015 – July 15, 2015.
- Via Email: Spend $1000 on travel and receive a bonus of 5000 points, or $50. Valid July 1, 2015 – July 15, 2015.
- The other offer is showing up for many on the billing statement: Spend $1000 in travel and receive 5000 points or $50. Valid June 25, 2015 – July 9, 2015.
Previous offers from BBVA Compass resulted in everyone being eligible for them, even if they weren’t specifically targeted with the offer. It’s unclear if that will be the case with these offers as well, although most cardholders likely got one or both of these offers.
If someone got two of these offers (say the first and third) it may be possible to double-dip and get both bonuses. Who knows?
Our Verdict
If you have a lot of travel expenses, this is a nice deal. $100 on $2000 of spend is 5% back. Add the 1% that you’ll always get and the total will be 6% cashback. You do need to get in $2000 of spend within the 15-day time period to qualify.
If you got the second offer mentioned above, you max benefit will be just $50. On the other hand, it’s an easier threshold to meet since you can get the $50 bonus with just $1000 in spend. Personally, I’d have preferred that offer to the $2000 offer.
Be sure that the spend is completed within the required timeframe, see Online Credit Card Purchases – Transaction Date and Post Date.
It’s nice to see the good new continuing to come out of the Compass credit card and we look forward to more such promotions in the future.
HT: MyFico
