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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
64,261 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
64,261 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 Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
02-02-2021 at 01:09 PM.
02-02-2021 at 01:09 PM.
Quote from Bulletproof23 :
I am sure everyone knows this but the bonus is considered taxable income and gets reported to irs.
yes, taxes are tyranny
5
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Joined Oct 2015
L8: Grand Teacher
> bubble2 3,825 Posts
568 Reputation
goodness97
02-02-2021 at 01:12 PM.
02-02-2021 at 01:12 PM.
Quote from rios7 :
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

I am checking on that now. I appreciate. Thanks
Reply
Joined Sep 2016
L4: Apprentice
> bubble2 435 Posts
18 Reputation
Miked443
02-02-2021 at 01:13 PM.
02-02-2021 at 01:13 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 total is $200 + $50
Reply
Joined Jul 2019
New User
> bubble2 8 Posts
14 Reputation
BeautifulString4650
02-02-2021 at 01:14 PM.
02-02-2021 at 01:14 PM.
Quote from mojohnnybravo :
whats bbva stand for? weird name. is this a bank or credit union?
checking seem to be free, savings u have some requirements and they charge you 'statement fee' unless u go electronic. make sure of those.

Banco Bilbao Vizcaya Argentaria (BBVA). It's a spanish bank, one of the biggest banks in Spain.
Reply
Joined Dec 2007
L6: Expert
> bubble2 1,546 Posts
421 Reputation
Kouskous44
02-02-2021 at 01:32 PM.
02-02-2021 at 01:32 PM.
Quote from conceptvbs :
Payroll

Any ways around this if self employed?

I remeber someone mentioned paypal in another post before?
Reply
Joined Mar 2008
Network lllllistrator
> bubble2 276 Posts
70 Reputation
djkrim
02-02-2021 at 01:42 PM.
02-02-2021 at 01:42 PM.
Quote from Kouskous44 :
Any ways around this if self employed?

I remeber someone mentioned paypal in another post before?
I was wondering the same thing, I think it said paypal is not allowed. I remember back in the day an ally transfer was considered dd at BofA but those day are now gone... I think i'm going to ask a old coworker about how to do this through the bank I used to work at....
Reply
Joined Mar 2008
Network lllllistrator
> bubble2 276 Posts
70 Reputation
djkrim
02-02-2021 at 01:44 PM.
02-02-2021 at 01:44 PM.
Quote from Kouskous44 :
Any ways around this if self employed?

I remeber someone mentioned paypal in another post before?

This is from Rio on page 2:

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.
Reply

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Joined Dec 2007
L6: Expert
> bubble2 1,546 Posts
421 Reputation
Kouskous44
02-02-2021 at 01:44 PM.
02-02-2021 at 01:44 PM.
thanks.... thats unfortunate seems they covered all loopholes.
1
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Joined Nov 2010
L3: Novice
> bubble2 280 Posts
75 Reputation
hayoloh
02-02-2021 at 01:48 PM.
02-02-2021 at 01:48 PM.
Thanks OP! hug
Just applied both Checking & Savings successfully, BUT there's an issue when enrolling in Online Banking. Contacting CS and have been waiting for 40 minutes as well as being ping-ponged. Oh well, hope this extra effort worth the $250 bonus. Roll Eyes (Sarcastic) LMAO
Reply
Joined Dec 2005
L3: Novice
> bubble2 280 Posts
102 Reputation
wisewallet
02-02-2021 at 01:52 PM.
02-02-2021 at 01:52 PM.
Does the $500 Direct Deposit have to be one transaction? For instance, what if you have 2 unemployment direct deposits on conservative weeks, but they are each less than $500, but combined they add up to over $500?
Reply
Joined Aug 2014
L2: Beginner
> bubble2 42 Posts
141 Reputation
sincoleB
02-02-2021 at 01:55 PM.
02-02-2021 at 01:55 PM.
Quote from slickdealrocker :
*****alert ********

us citizens only
bummer
Reply
Joined Mar 2008
L7: Teacher
> bubble2 2,275 Posts
282 Reputation
yourr8
02-02-2021 at 01:56 PM.
02-02-2021 at 01:56 PM.
I used to like Barcelona soccer club, but I did not know what is BBVA until this post.
1
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Joined Aug 2008
L6: Expert
> bubble2 1,594 Posts
284 Reputation
edxmon
02-02-2021 at 01:59 PM.
02-02-2021 at 01:59 PM.
OP should include the fine print:

Checking and Savings accounts are subject to approval which may include credit approval. $25 minimum opening deposit required. Accounts must be open with a balance greater than or equal to $0.00 at the time of payment in order to receive the new account bonus(es). We reserve the right to deduct the bonus amount if the account is closed within 12 months of opening. BBVA Employees are eligible for each bonus. Workplace Solutions / BBVA For Your Cause clients are eligible for this offer. Only one bonus can be earned by each customer. These bonuses are not combinable with other BBVA Direct Deposit or Savings Account cash bonus promotions, and you may not have received a Direct Deposit or Savings Account bonus in the past 36 months.
Reply
Last edited by edxmon February 2, 2021 at 02:05 PM.
Joined Apr 2007
L5: Journeyman
> bubble2 581 Posts
175 Reputation
iceman157
02-02-2021 at 02:00 PM.
02-02-2021 at 02:00 PM.
Quote from TruongKy :
or if you have $200k under your couch, you can open a checking account with Citi and get $1500 bonus after 3 months
If you have $200K under your couch, get off SD and leave the deals to us poor folks who don't even have a couch!
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Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
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rios7
02-02-2021 at 02:06 PM.
02-02-2021 at 02:06 PM.
Quote from edxmon :
OP should include the fine print:

Checking and Savings accounts are subject to approval which may include credit approval. $25 minimum opening deposit required. Accounts must be open with a balance greater than or equal to $0.00 at the time of payment in order to receive the new account bonus(es). We reserve the right to deduct the bonus amount if the account is closed within 12 months of opening. BBVA Employees are eligible for each bonus. Workplace Solutions / BBVA For Your Cause clients are eligible for this offer. Only one bonus can be earned by each customer. These bonuses are not combinable with other BBVA Direct Deposit or Savings Account cash bonus promotions, and you may not have received a Direct Deposit or Savings Account bonus in the past 36 months.
how can they enforce that if you pull all of your money out as soon as you get the bonus...
3
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