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BBVA: Open a Free Checking Account w/ $500 Direct Deposit by 4/30/21, Get Expired

$200 Bonus
(Valid in TX, AL, AZ, CO, CA, FL, NM only)
+61 Deal Score
64,295 Views
BBVA offers New BBVA Checking Customers: $200 Bonus when you open a Free Checking Account and receive at least one qualifying Direct Deposit of at least $500 by April 30, 2021. This offer is only available in the following states: Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas.

Thanks to Slickdeals Staff Member Bri21 for sharing this deal.

Additionally, you could get an Extra $50 Bonus when you open a New BBVA Savings Account and have a balance of $1000 or more on April 30, 2021.

Instructions
  • For online applications, the required promo code is WBOL2021.
  • When applying online through this page, promo code is automatically applied.
  • If qualifications are met, you will receive your bonus by June 30, 2021.
BBVA Free Checking Features:
  • No ATM fees at BBVA USA ATMs1
  • Free Online Banking and Mobile Banking
  • Visa Debit Card with cash back rewards
  • No monthly Service Charge
  • No Paper Statement fee
  • Low opening deposit requirement ($25)
  • Member FDIC.

Original Post

Written by
Edited February 4, 2021 at 10:25 AM by
BBVA is offering a $200 bonus by opening a Free Checking account and receive at least one (1) qualifying Direct Deposit of at least $500 by April 30, 2021.

Increase your bonus to $250 by adding a BBVA Savings account and having a savings balance of at least $1000 on April 30, 2021.

(Offer only available in TX, AL, AZ, CO, CA, FL, NM)
Member FDIC.

For online applications, the required promo code is WBOL2021.
When applying online through this page, promo code is automatically applied.
If qualifications are met, you will receive your bonus by June 30, 2021.
in Finance (2) BBVA
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Deal
Score
+61
64,295 Views
$200 Bonus

Community Wiki

Last Edited by MoPP February 5, 2021 at 02:01 AM
LIST OF METHODS TO TRIGGER DD REQUIREMENT

https://www.doctorofcredit.com/kn...sits/#BBVA

142 Comments

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Featured Comments

Banco Bilbao Vizcaya Argentaria, it's a huge bank in Spain and lots of Latin America. However apparently the USA division is 100% independent and runs their own accounts. As pointed out above PNC purchased this USA division and will fold it in (BBVA will still exist globally)
*****alert ********

us citizens only
Beware BBVA!!! I had an account with them and it was nothing but trouble. They have horrible customer service. If you open an account with them....watch them like a hawk.

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Joined Jul 2005
L5: Journeyman
> bubble2 649 Posts
129 Reputation
nXt
02-02-2021 at 12:43 PM.
02-02-2021 at 12:43 PM.
Quote from rios7 :
will an ach transfer from a brokerage count as direct deposit? (like for the capital one deal?)

No it will not
Reply
Joined Feb 2011
L6: Expert
> bubble2 1,267 Posts
166 Reputation
indiaj0nes
02-02-2021 at 12:45 PM.
02-02-2021 at 12:45 PM.
BBVA Atms are not that many
Reply
Joined Dec 2008
L9: Master
> bubble2 5,861 Posts
494 Reputation
Pro
regcustomer88
02-02-2021 at 12:52 PM.
02-02-2021 at 12:52 PM.
what kind of deposits qualify for DD.
Reply
Joined Oct 2015
L8: Grand Teacher
> bubble2 3,825 Posts
568 Reputation
goodness97
02-02-2021 at 12:54 PM.
02-02-2021 at 12:54 PM.
Any expert advise. What is the best way to invest money you will need in the next 5 years.
3
Reply
Joined Feb 2008
L2: Beginner
> bubble2 64 Posts
22 Reputation
antster7
02-02-2021 at 12:54 PM.
02-02-2021 at 12:54 PM.
So 200 for checking and additional 50 for a new savings for a total of 250? Or 200 for checking and 250 for new savings for a total of 450?
4
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
02-02-2021 at 12:54 PM.
02-02-2021 at 12:54 PM.
Quote from nXt :
No it will not
does it say in the fine print or did you check it yourself?

edit: ah I see it


Quote :
A qualifying direct deposit is a recurring paycheck, pension or benefit (such as Social Security) from your employer or the government. The following deposits are not qualifying direct deposits: interest payments or transfers from your investment accounts; payments received from payment apps such as PayPal, Venmo and other similar payment service providers; tax refunds or one-time economic stimulus payments such as financial assistance made available under the CARES Act or any other financial assistance made available in express response to the COVID-19 pandemic. You must be a new BBVA consumer checking customer who has not had a BBVA consumer checking account open within the last 36 months or closed due to negative balance to be eligible for the bonus.
1
1
Reply
Last edited by rios7 February 2, 2021 at 01:02 PM.

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Joined Sep 2012
L8: Grand Teacher
> bubble2 3,795 Posts
351 Reputation
Kryspie
02-02-2021 at 12:55 PM.
02-02-2021 at 12:55 PM.
Quote from ms123 :
what kind of deposits qualify for DD.

When I scanned the terms, it looks to be employment and government only.
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
02-02-2021 at 12:55 PM.
02-02-2021 at 12:55 PM.
Quote from goodness97 :
Any expert advise. What is the best way to invest money you will need in the next 5 years.
broad market index linked etfs (e.g. spy)
Reply

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Joined Oct 2007
L10: Grand Master
> bubble2 12,644 Posts
3,276 Reputation
Pro
arribasn
02-02-2021 at 12:57 PM.
02-02-2021 at 12:57 PM.
Quote from antster7 :
So 200 for checking and additional 50 for a new savings for a total of 250? Or 200 for checking and 250 for new savings for a total of 450?
No its only $50 extra for savings ($250 total) shows right on first screen when clicking link
Reply
Joined Mar 2013
L8: Grand Teacher
> bubble2 3,238 Posts
705 Reputation
Bulletproof23
02-02-2021 at 01:02 PM.
02-02-2021 at 01:02 PM.
I am sure everyone knows this but the bonus is considered taxable income and gets reported to irs.
1
Reply
Joined Jul 2014
L2: Beginner
> bubble2 2,184 Posts
304 Reputation
conceptvbs
02-02-2021 at 01:08 PM.
02-02-2021 at 01:08 PM.
Quote from ms123 :
what kind of deposits qualify for DD.

Payroll
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
02-02-2021 at 01:08 PM.
02-02-2021 at 01:08 PM.
Quote from goodness97 :
Explain
etfs are pretty liquid and assuming you believe the us stock market will grow in the next 5 years, then an index linked etf like spy should be relatively safe
Reply

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Joined Jul 2014
L2: Beginner
> bubble2 2,184 Posts
304 Reputation
conceptvbs
02-02-2021 at 01:08 PM.
02-02-2021 at 01:08 PM.
Quote from ffffff :
I wonder if an ACH transfer from ally bank would be counted as a qualifying direct deposit for this bank. Does anyone know?

Direct deposit requires a third party, usually payroll. There are special designation too.
Reply
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