Posted by William Charles on November 19, 2019
Bank Account Bonuses

Published on November 19th, 2019 | by William Charles

408

[Expired] BBVA Compass $200 Checking & $50 Savings Bonus – Available Online & Nationwide (Last Day)

Deal has expired, view more bank account bonuses by clicking here.

Update: I’ve updated the link and it should now work nationwide. There are two different links to use:

Hat tip to reader missjenniferd1

Offer at a glance

  • Maximum bonus amount:  $200 checking + $50 savings
  • Availability: Nationwide (excluded Hawaii & Alaska)
  • Direct deposit required: Yes, $500+
  • Additional requirements: See below
  • Hard/soft pull: Soft
  • ChexSystems: No
  • Credit card funding: $500 Visa only and personal cards only (you can also fund savings account for another $500)
  • Monthly fees: None
  • Early account termination fee: One year, bonus forfeit
  • Household limit: None
  • Expiration date: November 19th, 2019

The Offer

Direct link to offer (see above)

  • BBVA Compass is offering $200 when you open a new qualifying checking account and receive a qualifying direct deposit of at least $500 by December 31st, 2019. Use promo code MEGAONLINE or MEGA2019 depending on the link used
  • You can also get a further $50 by opening a savings bonus by opening a new  savings account with a minimum balance of $300 by December 31st, 2019. Keep in mind you can only do this savings bonus if you do the checking bonus (savings account must be opened within 60 days of checking)

The Fine Print

  • For accounts opened in branch or by calling 1-844-BBVA USA, you must provide MEGA2019 promo code. Eligible accounts include BBVA Free Checking, BBVA Easy Checking and BBVA Convenience Checking (in CA and FL only). By December 31st, 2019 at least one (1) electronic Direct 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. Qualifying electronic Direct Deposits do not include payments received into your account from payment apps such as PayPal, Venmo and other similar payment service providers. You must be a new BBVA consumer checking customer who has not had a BBVA consumer checking account open within the last 12 months or closed due to negative balance to be eligible for the bonus.
  • You must first meet stipulations for the $200 Checking Bonus to be eligible for the $50 Savings Bonus. Open a new qualifying BBVA Consumer savings account from November 4 – November 19, 2019. Accounts may be opened in-branch, online or by calling 1-844-228-2872 to be eligible.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

If you live in AL, AZ, CA, CO, FL NM or TX then the best account to open is the BBVA Compass ClearChoice Free Checking as this has no monthly fees to worry about. Otherwise open the Clearconnect checking account which also has no monthly fees to worry about. There is a $3 fee on ClearConnect for paper statements, so make sure you opt for paperless statements.

ClearChoice Saving: has a $15 quarterly fee if the balance falls below $500. ClearConnect Saving has no monthly fees.

Early Account Termination Fee

Account needs to be kept open for one year or bonus is forfeit

Our Verdict

Pretty similar to the recent offer, but this time with no household restriction. This means your spouse should be able to do this deal even if you’ve done a previous deal. Very good bonus and we will be adding this to the best nationwide bank bonuses.

Hat tip to reader Brian C

Useful posts regarding bank bonuses:



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Matt B
Matt B

I don’t think it’s nationwide. When I enter TN, it says account not available in my state

mcafeeee
mcafeeee

worked for me and P2 in TN

Josh
Josh

I also was not able to for TN, what link did you use?

Ray
Ray

Yipee!!!

K.M.
K.M.

Availability: Nationwide (excluded Hawaii)

ughhhhh, this is an easy bonus to obtain but oh well. im out of luck this time.

MikeTheCreator
MikeTheCreator

Not available in MN

ktn 💸
ktn 💸

Worked for me in MN

Jags
Jags

Doesn’t work in NJ

Matt
Matt

I’m in WV and it says that account type is not offered. It redirects me to BBVA Online Checking. Will the bonus still apply?

Gadget 🕵️

No, that will not work to get the bonus. When you get to the Online Checking application, you cannot apply the promo code.

Carl
Carl

“We’re sorry. The account you’re applying for is not available in your state” No go for Wisconsin unfortunately.

David
David

Not available in Oregon

BlissfulApathy
BlissfulApathy

Well shit, here I was getting all excited. I guess I’ll go cry in the shower now.

Gadget 🕵️

Make sure you are using the right link… there are (now) two different links and cover different states. BlissfulApathy David

Billy Bob
Billy Bob

Fidget do you ever sleep

Gadget 🕵️

Yes, but I keep odd hours.

Matthew
Matthew

Am Oregonian, working fine for me.

James
James

Doesn’t work in NY

Missjenniferd1🦉 🦁

I posted this to will first. On nov 3rd. Doesnt matter, just sayin. https://www.doctorofcredit.com/targeted-bbva-50-checking-bonus-for-existing-customers/#comment-834651

PeterW
PeterW

Perfect! It worked in IL. Post should be updated with link to “other states” account application. Thanks!

bruce
bruce

did you enter the promo code? i am entering it and its saying not valid..im also in IL

Missjenniferd1🦉 🦁

Theres 2 different promo codes. Will only referred to one in this post. Click on my comment above where i have linked to the 2 different promos depending on the state youre in

PeterW
PeterW

When you open link in the comment that was linked promo code will be already applied to the application.

Deb
Deb

Thanks Missjenniferd1, link worked for NY

Jonathan
Jonathan

Would having a Denizen account disqualify me? I got the Denizen bonus in 2018.

1lilchurner
1lilchurner

Wondering the same thing. All my Denizen statements had the BBVA logo in the top right.

Neil Degrasse
Neil Degrasse

Same question. I seem to have had issues with other BBVA Compass properties (Simple, etc.) since opening that Denizen account. Denizen is closing permanently soon

Jason_08
Jason_08

I got the Denizen bonus. Was able to signup for the Simple account no problems. Not sure on this BBVA yet though. But actually came here to check the issue with Simple and BBVA

Jonathan
Jonathan

Does anyone have any data points on this? William Charles

Bleh
Bleh

>>You must be a new BBVA consumer checking customer who has not had a BBVA consumer checking account open within the last 12 months

I guess all of us who jumped on the same offer same time last year won’t be eligible for this?

Evilex
Evilex

not available in new york either, i clicked alot of states and is not available at any of em c.c glitch perhaps?

arihalli
arihalli

i jusst opened one today and i live in ny

bruce
bruce

IL not eligible through the bonus direct link page. when i then try to open a different type of checking account for IL it says “promo not valid” when i enter the code.

lame..

Gadget 🕵️

DP: VA
We’re sorry. The account you’re applying for is not available in your state.

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