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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
64,286 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
64,286 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 Dec 2003
L3: Novice
> bubble2 190 Posts
58 Reputation
wacher
02-02-2021 at 06:34 PM.
02-02-2021 at 06:34 PM.
Quote from GreyTank1078 :
Where did it say this? I didn't see it on the offer page.

It does. However at the end in the application process you "sign" that you are a US person. They don't say US citizen.
Reply
Joined Jun 2006
L7: Teacher
> bubble2 2,445 Posts
327 Reputation
nyknicks8
02-02-2021 at 06:39 PM.
02-02-2021 at 06:39 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.
This is the same bank that is the center of the Netflix show money heist. Based on the documentary there's no way I'll keep any money here.
Reply
Joined Jun 2006
L7: Teacher
> bubble2 2,445 Posts
327 Reputation
nyknicks8
02-02-2021 at 06:40 PM.
02-02-2021 at 06:40 PM.
Quote from Bulletproof23 :
I am sure everyone knows this but the bonus is considered taxable income and gets reported to irs.
My effort to get the bonus is worth $300 therefore I claim an investment loss.
2
Reply
Joined Dec 2013
New User
> bubble2 15 Posts
10 Reputation
ssnacks
02-02-2021 at 07:53 PM.
02-02-2021 at 07:53 PM.
Do they do a hard credit pull?
Reply
Joined Nov 2008
L5: Pokeman
> bubble2 8,933 Posts
676 Reputation
Lanmanna
02-02-2021 at 07:55 PM.
02-02-2021 at 07:55 PM.
Quote from slkmaster2000 :
eligible accounts include BBVA Premium Checking, BBVA Convenience Checking (only available in Florida and California), BBVA Free Checking and BBVA Easy Checking, BBVA Free Checking and Easy Checking are only available in Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas.

If you're in one of those states, you can have a free account. Otherwise the rest of us have to maintain the 500 until account close which is 1 year
Isn't the deal only valid in those states anyway?
Reply
Joined Jun 2016
L3: Novice
> bubble2 3,047 Posts
354 Reputation
np1050
02-02-2021 at 08:05 PM.
02-02-2021 at 08:05 PM.
Quote from Lanmanna :
Isn't the deal only valid in those states anyway?

No I believe it's nationwide if you open the other checking account which has the 500 requirement
Reply
Joined May 2017
L3: Novice
> bubble2 273 Posts
26 Reputation
somethinghis
02-02-2021 at 08:10 PM.
02-02-2021 at 08:10 PM.
Quote from nyknicks8 :
My effort to get the bonus is worth $300 therefore I claim an investment loss.

Either you have high income and/or less abled to make this not worth your time/effortO.o
Reply

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Joined Jun 2015
L3: Novice
> bubble2 151 Posts
26 Reputation
KarlH2411
02-02-2021 at 08:25 PM.
02-02-2021 at 08:25 PM.
Quote from somethinghis :
Either you have high income and/or less abled to make this not worth your time/effortO.o
Lots of other options as well https://www.bankrate.com/banking/...t-bonuses/
Reply
Joined Mar 2008
L10: Grand Master
> bubble2 7,096 Posts
1,292 Reputation
ready2rumble
02-02-2021 at 08:40 PM.
02-02-2021 at 08:40 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
I wonder if we could invest those funds at Citi instead of keeping it in cash.

Kinda like the Chase Private Client offer for $1500 where it could be invested or kept as cash.
Reply
Joined Apr 2009
L9: Master
> bubble2 4,171 Posts
538 Reputation
emofals
02-02-2021 at 09:53 PM.
02-02-2021 at 09:53 PM.
Quote from FlyerFocus :
No, there are plenty of dogs in index funds right now. I closed all my funds last March and targeted very specific companies in specific industries. Happy to share more of my specific targets pver PM. I'm up 196% for the year, while the S&P index was up ~18%.
Share more please, PM if you are more comfortable in private messaging.
1
Reply
Joined Jun 2006
L7: Teacher
> bubble2 2,445 Posts
327 Reputation
nyknicks8
02-02-2021 at 10:52 PM.
02-02-2021 at 10:52 PM.
Quote from somethinghis :
Either you have high income and/or less abled to make this not worth your time/effortO.o
My point is that if the US government can fraudulently claim this bonus is taxable, then the effort to acquire the bonus is tax deductible. Everyone should value themselves highly no matter their income. Taxing W2 and 1099 income is fraud and anyone that attempts to collect should be shot on sight.
4
Reply
Joined May 2004
L5: Journeyman
> bubble2 946 Posts
84 Reputation
Bunduckie
02-02-2021 at 11:41 PM.
02-02-2021 at 11:41 PM.
I opened one last summer, got the bonus 2 weeks after the date on the offer
Reply
Joined Jul 2016
L3: Novice
> bubble2 246 Posts
26 Reputation
Rudrash
02-03-2021 at 04:38 AM.
02-03-2021 at 04:38 AM.
Would just like to make a huge statement regarding BBVA and my personal experience. Make sure it's 1 deposit of $500 or more or it will not qualify.

Although I still use them, more like a terciary account, their claim of using any ATM without fees is not full explicit. Mostly usable at 7/11 gas stations without fees. As with any card, use Proper ATMs. This isn't the issue. I live in CA where there are a few branches I can use. I have always been able to use ATMs outside where there are no branches. However if you are traveling out of state, if you go to a non-BBVA ATM you CAN NOT deposit cash. You can ONLY withdraw. This may not be a huge deal breaker for many but it was for me. When having to deposit cash into your checking account via ATM becomes a nightmare. I haven't had those issues with any of my Credit Unions or Banks. Tried other compatible terminals with the same result, withdraw only. That was a huge gripe for me. As I no longer use it a primary acct it's an OK backup option. BBVA does offer a nice cash back option with their debit card which is cool but it is on niche services.
Reply
Joined Jul 2016
L3: Novice
> bubble2 246 Posts
26 Reputation
Rudrash
02-03-2021 at 04:40 AM.
02-03-2021 at 04:40 AM.
Quote from indiaj0nes :
BBVA Atms are not that many

Also can ONLY withdraw. Can't deposit cash. You can however go to any 7/11 and withdraw money without any fees. It is national in that aspect.
Reply

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Joined Jul 2016
L3: Novice
> bubble2 246 Posts
26 Reputation
Rudrash
02-03-2021 at 04:41 AM.
02-03-2021 at 04:41 AM.
Quote from Bulletproof23 :
I am sure everyone knows this but the bonus is considered taxable income and gets reported to irs.

I did not know that actually. Thanks for the heads up.
Reply
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