Posted by William Charles on February 4, 2018
Bank Account Bonuses

Published on February 4th, 2018 | by William Charles

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[Targeted] BBVA Compass: $50 For Setting Up Direct Deposit For Existing Account Holders

The Offer

No direct link, sent via e-mail “Want to earn an easy $50? Set up Direct Deposit today!”

  • Some readers with BBVA Compass checking accounts (from this $200 bonus) are reporting receiving an e-mail offering them $50 for setting up and receiving a qualifying direct deposit. The direct deposit must be received by April 16th, 2018

The Fine Print

  • You must be a BBVA Compass Consumer Checking primary account holder who received an email from BBVA Compass directly referencing this offer.
  • Only select clients who do not currently have any direct deposits posting to their account will qualify for this offer.
  • There is a maximum of one (1) bonus per household. This offer is not combinable with other BBVA Compass Workplace Solutions / Compass For Your Cause cash bonus promotions, or any other BBVA Compass cash bonus promotion.
  • The $50 bonus will be deposited to the primary accountholder’s checking account within 60 days of meeting the bonus requirements.
  • 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.

Our Verdict

You can see what has counted as a direct deposit in the past for BBVA Compass here. This has been the gift that keeps on giving for some people, as they also had a targeted $10 bill pay bonus as well. Obviously this won’t be added to the best checking promotions page due to it being a targeted bonus for existing account holders.

Hat tip to reader JuicyJosh

 



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Roger
Roger

If you are a BBVA Compass account holder, if you login into your account , it should show under “My Offers”
I got this offer inspite of no email.
Thanks DOC.

Jx
Jx

I don’t have this offer 🙁

Peter
Peter

I got the offer as well. My deal also says that the total deposits must at least be $500 to get the bonus.

TWoK
TWoK

Exactly: “Set up Direct Deposit to your existing account referenced above and have one or more electronic direct deposits from an unrelated 3rd party (such as your employer or a government agency) totaling at least $500 post to your checking account by April 16th, 2018.”

TWoK
TWoK

I do not see this in the T&C of the actual email: “Only select clients who do not currently have any direct deposits posting to their account will qualify for this offer.” I was also targeted even though I have received a DD to qualify for the $200.

Sam
Sam

Didn’t the November checking deal require DD? That means most of us won’t qualify.

Debbie
Debbie

I received the offer via email on Feb 2, 2018. The subject line is: “Want to earn an easy $50? Set up Direct Deposit today!” In the email, under How to Qualify for This Offer, it says “2. Set Up Direct Deposit Set up Direct Deposit to your existing account referenced above and have one or more electronic direct deposits from an unrelated 3rd party (such as your employer or a government agency) totaling at least $500 post to your checking account by April 16th, 2018.” The offer was not listed under “My Offers” when I logged into BBVA. I did a transfer from CapitalOne360 to my BBVA account and will post if it qualifies for the $50. I don’t know how easy it was though cause I had to first set up my BBVA account as an external account and had to wait two days to verify the account by entering the two small deposit amounts. Thank you for the post because otherwise I wouldn’t have noticed the offer.

JuicyJosh
JuicyJosh

Did anyone who was targeted receive this $50 bonus yet? I just got a snail mailer about it today. I already completed the same ACH transfers again that I used to meet the bonus. The mailer does say paid within 90 days but I only had to wait a couple days for the $200. Just curious of other outcomes.

vista9

I did a transfer from CapitalOne360 on 2/6/18 and have not received the $50 bonus

vista9

JuicyJosh Did you ever receive the $50 bonus?

JuicyJosh
JuicyJosh

Nope, nothing. Just checked again to confirm. CO360 and Ally.

JuicyJosh
JuicyJosh

Desperate to meet Elements bonus I logged in today to set up external transfer account. Only 5 months later… Low and behold!!!
07/13/2018 THANK YOU! Direct Deposit Sign Up Bonus $50
Income – Paycheck
azpv vista9

vista9

JuicyJosh, you made me go look and nothing so far. It’s been a little over 5 months for me cause mine was made 2/8/18. I’m glad you got it and maybe there is hope for me.

pesets
pesets

Worked for me, a single transfer of $501 from Capital One.
Got $50 bonus on 4/11

azpv
azpv

Mine was a transfer from Capital One 360 for $500.50 and I did not receive the $50 bonus. I was targeted and did this back in Feb.

tribesman55
tribesman55

Received $50 mailer and did Schwab Brokerage DD end of March and still no $50.

Bob B
Bob B

I still have not received bonus. Real DD from employer on 2/15/18

tribesman55
tribesman55

Mine finally posted for this yesterday, that sure took a long time.

Bob B
Bob B

Mine posted, as well! 5 months later!

LAG
LAG

William Charles
Found this targeted offer via google search after seeing it in “my offers” section of P2 account on login… not sure if y’all have reposted this recently, but wanted to share in case others have been targeted as well and worth a repost.

https://www.bbvacompass.com/special/crm/51599.html

Further DP: I received the prior bonus which was only $10 for completing 3 or 4 bill pays back in January and I wasn’t targeted on this one; whereas P2 was not targeted for that offer, but receive this better offer.

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