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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 Aug 2008
L6: Expert
> bubble2 1,594 Posts
284 Reputation
edxmon
02-02-2021 at 02:07 PM.
02-02-2021 at 02:07 PM.
Quote from iceman157 :
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!
If you have $200k under your couch, get off SD and find a financial literacy course/video on YouTube before you NEED to be on SD to survive.
Reply
Joined Jul 2013
L6: Expert
> bubble2 1,005 Posts
695 Reputation
Pro
ManoloD
02-02-2021 at 02:08 PM.
02-02-2021 at 02:08 PM.
Quote from iceman157 :
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!

You don't end up with $200k under the couch by paying full retail...
Reply
Joined Aug 2008
L6: Expert
> bubble2 1,594 Posts
284 Reputation
edxmon
02-02-2021 at 02:12 PM.
02-02-2021 at 02:12 PM.
Quote from rios7 :
how can they enforce that if you pull all of your money out as soon as you get the bonus...
Do that, and report back.
Reply
Joined Aug 2014
L5: Journeyman
> bubble2 986 Posts
86 Reputation
MBis
02-02-2021 at 02:12 PM.
02-02-2021 at 02:12 PM.
Still pissed I missed that Capital one deal.
1
Reply
Joined Jun 2016
L3: Novice
> bubble2 3,045 Posts
354 Reputation
np1050
02-02-2021 at 02:25 PM.
02-02-2021 at 02:25 PM.
Must keep account open for 1 year and maintain 500 balance in checking. Good bonus but holding money for a year is annoying
1
Reply
Joined Sep 2012
L8: Grand Teacher
> bubble2 3,795 Posts
351 Reputation
Kryspie
02-02-2021 at 02:30 PM.
02-02-2021 at 02:30 PM.
I'm kind of annoyed. I did sign up and they gave me an option to open the deposit with a credit or debit. So they're not going to add that deposit to my balance? Kinda surprised at that...like...really?


I guess that was the one and only chance I had to add money via credit card. This is definitely going to be a hit and run for me I'm not pleased.


Honestly I could have opened an account with 10 more Banks it didn't have to deposit a dime. But yeah I guess it's all about the money so it's just the price I'm paying for that two hundred bucks First bank card since I was 18 that held my money like this. Didn't last long there either.
2
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Joined Jan 2012
L8: Grand Teacher
> bubble2 3,159 Posts
10,962 Reputation
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This user is an Expert in Tech & Electronics
hocuspocusblade
02-02-2021 at 03:09 PM.
02-02-2021 at 03:09 PM.
It freaking sucks that you have to be a US citizen and maintain a minimum balance of $500 for a year.
My advice would be to go with a decent bank like CHASE instead!

https://account.chase.com/consumer/banking/ED22434?sitelink=headline&jp_cmp=rb/Retail_Brand_Exact_Ch... [chase.com]
Reply

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Joined Nov 2008
L5: Pokeman
> bubble2 8,932 Posts
676 Reputation
Lanmanna
02-02-2021 at 03:19 PM.
02-02-2021 at 03:19 PM.
Quote from nXt :
No of course it doesn't
Some banks count
Reply
Joined Nov 2008
L5: Pokeman
> bubble2 8,932 Posts
676 Reputation
Lanmanna
02-02-2021 at 03:23 PM.
02-02-2021 at 03:23 PM.
Quote from slkmaster2000 :
Must keep account open for 1 year and maintain 500 balance in checking. Good bonus but holding money for a year is annoying
There's no fee (with the basic account). You can leave it at 0 bucks.
Reply
Joined Jun 2016
L3: Novice
> bubble2 3,045 Posts
354 Reputation
np1050
02-02-2021 at 03:25 PM.
02-02-2021 at 03:25 PM.
Quote from Lanmanna :
There's no fee (with the basic account). You can leave it at 0 bucks.

You sure? Most banks automatically close an account with 0 balance after a few months
Reply
Joined May 2007
L6: Expert
> bubble2 1,942 Posts
244 Reputation
KLondike5-1212
02-02-2021 at 03:31 PM.
02-02-2021 at 03:31 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
With the market on fire like it's been there are better places for $200k. We're about to be sloshing around in another round is stimulus. Billions in newly printed money will be looking for a home.
Reply
Joined Nov 2008
L5: Pokeman
> bubble2 8,932 Posts
676 Reputation
Lanmanna
02-02-2021 at 03:43 PM.
02-02-2021 at 03:43 PM.
Quote from slkmaster2000 :
You sure? Most banks automatically close an account with 0 balance after a few months
Yep! I did a BBVA bonus around this time last year. It's almost time to close it out now. 0 bucks the whole time.
Reply
Joined Nov 2008
L5: Pokeman
> bubble2 8,932 Posts
676 Reputation
Lanmanna
02-02-2021 at 03:44 PM.
02-02-2021 at 03:44 PM.
Quote from FlyerFocus :
With the market on fire like it's been there are better places for $200k. We're about to be sloshing around in another round is stimulus. Billions in newly printed money will be looking for a home.
Where would you put 200k? Just index funds?
Reply
Joined Jun 2016
New User
> bubble2 245 Posts
42 Reputation
andreugv1
02-02-2021 at 03:52 PM.
02-02-2021 at 03:52 PM.
BBVA is the worst bank I ever worked with. AVOID!! If the offer was deposit 1 Dollar get 1000 free I would still pass.
1
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Joined Jan 2007
L2: Beginner
> bubble2 96 Posts
35 Reputation
pcsd
02-02-2021 at 03:52 PM.
02-02-2021 at 03:52 PM.
Here are some details about the accounts. Looks like $0 min balance for Checking. $500 min balance for Savings or they charge a $15 quarterly fee.

BBVA Free Checking
A free checking account with full-service features.

Features and fees:
No ATM fees at BBVA USA ATMs
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)

BBVA Savings
A savings safety net that earns you interest. Open the account with as little as a $25 deposit.

Features and fees:
No quarterly Service Charge with a daily collected balance of $500 or more, otherwise you may be subject to a $15 quarterly Service Charge
Earn interest on your savings account balance
Up to 4 withdrawals per statement cycle fee free
24/7 online access with Online and Mobile Banking
$3 quarterly Paper Statement Fee–opt for free electronic statements and save fee
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