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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 Jul 2016
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> bubble2 246 Posts
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Rudrash
02-03-2021 at 04:46 AM.
02-03-2021 at 04:46 AM.
Quote from wisewallet :
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?

It has to be 1 payment of at least $500. I was misled by a bank teller thinking I can do multiple deposits equaling $500 by the set date. So make sure it's 1 payment of $500 or more.
Reply
Joined Jul 2016
L3: Novice
> bubble2 246 Posts
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Rudrash
02-03-2021 at 04:48 AM.
02-03-2021 at 04:48 AM.
Quote from hocuspocusblade :
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]

I would argue I prefer US Bank over Wells Fargo, Chase, and Bank of America. Better customer service, not as picky as the other 3 Major US banks imo.
2
Reply
Joined Jul 2016
L3: Novice
> bubble2 246 Posts
26 Reputation
Rudrash
02-03-2021 at 04:55 AM.
02-03-2021 at 04:55 AM.
Quote from bad_SAM :
Agreed. I was a customer of theirs for 7 years, and then they started doing weird overdraft fee actions, like clearing large transactions so they could ding me for 2 overdrafts instead of doing it in chronological order wherein I'd only have one overdraft.
I went to a credit union instead. And I boosted my credit score, lowered my car payment interest, got discounted car insurance, got free $2,000 life insurance, got free checking, and got free ATMs at 7-11 and other credit unions(there's a few more of those than BBVA ATMs).

It's CANVAS CREDIT UNION in Colorado.

Credit Unions are always better with the exception of 24/7 support. I have 3 credit unions here in CA, US Bank, BBVA, and a Capital One 360 Checking in which I got a promo for opening for free which will be closed soon. US Bank has been amazing to me. Prefer it much more than Wells Fargo, Chase, and Bank of America.
Reply
Joined Jan 2008
L3: Novice
> bubble2 121 Posts
30 Reputation
riconek
02-03-2021 at 05:40 AM.
02-03-2021 at 05:40 AM.
Quote from schmeeper :
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.
ive had accounts with them since 2006 (saving checking helock mortgage) no problem since i opened it. Customer service used to be much better.
Reply
Joined Jan 2006
L3: Novice
> bubble2 175 Posts
21 Reputation
radfaraf
02-03-2021 at 09:07 AM.
02-03-2021 at 09:07 AM.
BBVA is garbage I got this offer last year. They even charge you to transfer money out, but you can get around that by using a different bank to start the transfer. The only reason to get it is to pocket the $200 and then run. I recall I was able to trick them into thinking a transfer from another bank account was a direct deposit.
1
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Joined Jan 2015
L3: Novice
> bubble2 130 Posts
14 Reputation
Xelloss02
02-03-2021 at 12:32 PM.
02-03-2021 at 12:32 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%.

Could you please also PM me these details?
1
Reply
Joined Aug 2016
L5: Journeyman
> bubble2 732 Posts
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jdshear01
02-03-2021 at 01:36 PM.
02-03-2021 at 01:36 PM.
The acquisition of BBVA by PNC is expected to close in mid 2021 once the required regulatory approvals have been obtained. This acquisition will allow PNC to become the country's fifth-largest bank by assets. PNC is a big stable bank - go for it if you want the money.

https://www.bbva.com/en/bbva-sell...6-billion/
Reply

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Joined Mar 2009
L3: Novice
> bubble2 264 Posts
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orangecraws
02-03-2021 at 01:58 PM.
02-03-2021 at 01:58 PM.
I noticed that the Savings require $500 daily balance. Is the $500 the combined checking and savings, or the Savings has to have the $500?
Reply
Joined May 2017
L3: Novice
> bubble2 273 Posts
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somethinghis
02-03-2021 at 02:42 PM.
02-03-2021 at 02:42 PM.
Quote from orangecraws :
I noticed that the Savings require $500 daily balance. Is the $500 the combined checking and savings, or the Savings has to have the $500?
I think it's just the savings needs >= $500. By default, you can have the checkings be at $25, no?
Reply
Joined Oct 2019
New User
> bubble2 13 Posts
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LavenderBook912
02-03-2021 at 08:04 PM.
02-03-2021 at 08:04 PM.
Interesting, they are allowing only US citizens as per their opening account form.
Reply
Joined Jan 2017
L3: Novice
> bubble2 125 Posts
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DonUltimate
02-04-2021 at 12:47 AM.
02-04-2021 at 12:47 AM.
Highly location specific but much better offer, actually one of the best i have seen in last two years. Go for it if you're eligible for it.
Bonus - $600
Locations - Germantown, MD, Tysons, VA, Asheville, NC and Greensboro, and NC (DOWNTOWN) FNB locations.
Link - https://www.fnb-online.com/600-offer
No citizenship requirement.
Bank guy told me that any electronic money transfer (ACH or Cash app) would count towards direct deposit
Reply
Joined Jan 2017
L3: Novice
> bubble2 125 Posts
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DonUltimate
02-04-2021 at 12:56 AM.
02-04-2021 at 12:56 AM.
Not related to BBVA but I thought of mentioning this since people talked about us citizenship requirement. I opened an account with Fifth third ($250 bonus on $500 DD) in branch 3 months back. Their form had a grayed out option of US citizen which can't be changed. The bank person told me that it's just about being a resident (i believe she was talking having lived 183+ days in a tax year).
Can't say for sure but if you are a non us citizen and really want to get this deal, try your luck in person!
Reply
Joined Nov 2009
L4: Apprentice
> bubble2 479 Posts
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drslums
02-04-2021 at 08:02 AM.
02-04-2021 at 08:02 AM.
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
Can you please give me a link?
Reply
Joined Apr 2006
L6: Expert
> bubble2 1,129 Posts
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madshakes
02-04-2021 at 08:44 PM.
02-04-2021 at 08:44 PM.
Do Paypal transfers count as ACH?
Reply

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Joined Nov 2009
Go Pack Go!
> bubble2 201 Posts
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PackersMafia
02-05-2021 at 01:58 AM.
02-05-2021 at 01:58 AM.
Here is a list of things that you can use to trigger the $500 DD requirement.

Seems pushes from WF, Chase, and Capital One Checking will trigger the DD. I'm going to try BofA.

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