Available nationwide, BBVA is offering a $250 bonus when you open a new checking and savings account. If you’re eligible, take advantage of this promotion as it will expire on November 20, 2018.
To earn the bonuses, you have to open a qualifying checking account and set up and receive a qualifying direct deposit. This will allow you to earn $200. To earn an additional $50, you must open a savings account with a $100 minimum. However, you have to keep the balance through January 23, 2019.
With this promotion, you’ll receive great features you don’t want to miss out on. If you are interested, You should consider applying as soon as possible. However, for those who would like to learn more about the other offers the bank currently has, be sure to check out our updated list of BBVA Bonuses!
BBVA Bonus Summary
- Account Type:
- Eligible checking accounts include BBVA Online Checking, BBVA Interest Checking, BBVA Free Checking and Easy Checking
- Eligible savings accounts include BBVA ClearChoice Savings, Build My Savings, ClearConnect Savings and Young Savers
- Availability: Nationwide (Branch Locator)
- Expiration Date: 11/20/2018
- Soft/Hard Pull: Soft Pull
- Credit Card Funding: Yes, $500
- Direct Deposit Requirement: Yes
- Additional Requirements: Yes
- Avoid Monthly Fee: $0- $25
- Early Termination Fee: Your bonus will be deducted if the account is closed within 12 months of opening.
Bonus Requirements
$200 Checking Bonus Requirements:
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 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.
$50 Savings Bonus Requirements:
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.
Fine Print
- 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 / for Your Cause clients are eligible for this offer. This Account Opening Bonus is not combinable with other BBVA Workplace Solutions / for Your Cause cash bonus promotions.
- Offer subject to change at any time without notice. BBVA may report the value of the bonus to the IRS as required by law. Any client whose tax status would require BBVA to impose tax withholding of any sort will not be eligible for this bonus.
- BBVA reserve the right to deduct the bonus amount if the account is closed within 12 months of opening.
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.
Savings account must be opened within 60 days of checking account. You must be a new BBVA consumer savings customer who has not had a BBVA consumer savings account open within the last 12 months or closed due to negative balance to be eligible for the bonus.
Conclusion
If you’re interested in this promotion, start banking with BBVA today and follow the requirements! This is your chance to get additional bonuses that are simple to earn. In addition, you’ll get great features such as how you can take control of your money with the Mobile Banking app, Online Banking, customization alerts, Bill Pay, and more! However, if you are not currently interested in this great deal, then I recommend you check out our complete list of Bank Promotions for all your banking necessities!