[Expired] [Targeted, Existing Customers] BBVA Compass $50 Bonus For Depositing $100

Deal has expired, view more BBVA deals by clicking here

Update 9/6/19: Deal is back. Hat tip to reader Flea

The Offer

No direct link, subject line is ‘We want to give you $50’

  • BBVA Compass is offering existing checking/savings customers a bonus of $50 when they bring their balance to $100 by Octoberr 15th, 2019

 

The Fine Print

  • There is a maximum of one (1) bonus per household.
  • This offer is not combinable with any other bonus offer.
  • You must be a BBVA Compass consumer checking or savings primary account holder who received this communication by (email/mail) from BBVA Compass.
  • To qualify you cannot have received a cash bonus in the past 12 months.
  • We reserve the right to deduct the bonus amount if the account is closed within 12 months of opening.
  • The $50 bonus will be deposited to the primary account holder’s checking or savings account within 90 days of meeting the bonus requirements.
  • Account must be open and in good standing with a balance of $0.00 or more at the time of bonus payment in order to receive the bonus.
  • 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

I’m not sure if they enforced the cannot have received a cash bonus in the past 12 months or not. If it is enforced probably not worth doing as the BBVA Compass sign up bonuses are better.

Hat tip to reader Michael B

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28 Comments
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Ted
Ted (@guest_807072)
September 6, 2019 20:10

BBVA is really having a strong promotional stance right now. Hope it continues (and they pay out!)

Jags
Jags (@guest_807012)
September 6, 2019 17:23

I received a mailing that says “set up and receive $500 in direct deposits by 10/15 and receive $50”.

Flea
Flea (@guest_805938)
September 3, 2019 22:44

Offer is back; received letter in the mail today for existing accountholders. New parameters; deposit $500 in qualifying DD by October 15, and receive $50 within 90 days. Slightly better than prior offer, as you don’t have to keep the $500 on account, as long as you leave a balance of a penny (“greater than $0.00”). Includes 12-month restriction language; aimed at individuals who don’t currently have any type of DD going into the account (if you do, you’ll be disqualified).

Mike
Mike (@guest_749075)
April 16, 2019 13:27

I received this promo offer in the mail, and met the requirement by depositing $100 in my account via ATM on Dec. 12th, 2018. I’ve left it there ever since, and still haven’t received my bonus. WTF?!

86
86 (@guest_744597)
April 4, 2019 20:57

Bonus deposited today.

brad
brad (@guest_744023)
April 4, 2019 09:39

I just randomly got this bonus. Don’t think i was targeted, and deposited the money on Dec 19th, but did keep in in there for awhile and just got $50 added today. Very random

Mimi
Mimi (@guest_725151)
February 21, 2019 11:30

I got the offer $25 to bring balance up to $100 by Nov 10 which I complied with late Sept and didn’t get bonus in 90 days according to their terms. I only got reward middle of this month after sending SM; they asked for proof of such offer which I sent a screenshot of postcard offer. Right after sending proof, I saw my reward and pulled it out same day.

I’ve always saved email offers/scan and save screenshots of postcard snail mails for banks like this that I have to prove I was targeted for their offer. In this case they did not post reward until I asked for it.

Jeff
Jeff (@guest_721935)
February 13, 2019 17:53

Met terms of “deposit $100 and maintain it between Sept 19-Nov 19th” and as of today still no $25 bonus yet. Received sign-up bonus in January of 2018 so well beyond 12-month bonus period. I should get this small bonus but doubt it will post within the next 6 days. What a cheap bank…

Mimi
Mimi (@guest_725157)
February 21, 2019 11:41

Send them SM, they may ask for proof (with wording of their response, they don’t remember such offers so asked me to send them proof which I did) you were targeted. Thereafter, $25 reward posted.

This isn’t the first time I had to request for my missing reward, with all DPs I’ve read having the same experiences, I can safely say they’d rather not post automatic rewards UNLESS the client asks for it.

Frito Pendejo
Frito Pendejo (@guest_721007)
February 12, 2019 16:31

Still nothing from any of these bonuses. I’m gonna close out my account and badmouth BBVA whenever possible.

Flea
Flea (@guest_706827)
January 15, 2019 22:43

Reiterating that I deposited $100 before end of August on BBVA’s direct email invitation (so, at least one $50 bonus offering round before this article posted).

Clearly, since I’m now solidly past the January 15 2019 payout deadline for the folks meeting a December 15 2018 deadline; and my last account-opening bonus ($200) was January 30 2018; I’d say they are absolutely enforcing the 12-months’ limit language. My third sign-in to the mobile app was this month, so I suppose it’s barely possible I’ll yet receive the $25 in mid-February.