Available nationwide, BBVA Compass Bank is offering a $50 bonus when you open up any new a Savings Account through our build-your-reward program. All you need is a $25 minimum start-up deposit, then, just set up an automatic transfer from your BBVA Compass consumer checking account to your Build My Savings account. Stick to your plan and BBVA Compass Bank will match 1.0% of your total transfer amount – with a maximum of $50 for a 12 month savings plan and $25 for a 6 month savings plan. It’s easy, and you’re in control. To learn more about this promotion, see the below steps. In addition, you can earn a $250 Bonus with Chase Total Checking + Savings.
How To Earn BBVA Compass Bank $50 Bonus:
- Open an BBVA Compass Bank savings account.
- deposit a minimum of $25 into your Build-My-Savings Account
- Determine the length of your savings plan (6 to 12 month option)
- Savings Plan must include an automatic, preauthorized transfer of at least $25 per transfer.
- At the end of the savings plan term, your account will convert to a BBVA Compass ClearChoice savings account
BBVA Compass Bank Promotion Summary:
- Direct Bonus Link
- Account Type: Build-My-Savings
- Maximum Bonus: $50
- Availability: Nationwide
- Expiration Date: None
- Hard/Soft Pull: Soft Pull (ChexSystems)
- Direct Deposit Requirement: None
- Additional Requirements: must maintain a transfer minimum of $25 each month
- Monthly Fee: No monthly fees, but you must sign up for estatement, otherwise there is a $3 paper&image statement fee
- Early Termination Fee: No Early Termination fees
Fine Print & Bonus Terms:
- You must also have a BBVA Compass consumer checking account for the origination of transfers.
- Match Bonus limited to a maximum of $50 for the 12 month plan, or $25 for the 6 month plan.
- Match Bonus may be subject to IRS tax reporting.
- Withdrawal transactions from savings and money market accounts are governed by federal law and, if transaction limitations are exceeded, the account could be reclassified as non-interest bearing.
- Federal law limits transfers to another deposit account with BBVA Compass or to a third party by means of a preauthorized agreement, telephonic request, check, debit card, draft or similar order (including Online Banking transfers and sweep transfers from a savings or money market account) to a total of six (6) per month.
- There is no limit on the number of withdrawals from such accounts when made in person at a BBVA Compass banking office or at an automated teller machine. Withdrawal transactions are subject to Excess Transaction Fees.
I highly recommend opening a BBVA COMPASS Bank Build-My-Savings account because it offers up to $50 in bonus promotions fora period of 12 months. When you deposit $25 and maintain a minimum of $25 every monthly deposit, you will be matched up to 1.0%. I would also recommend the Build-My-Savings account due to the fact that there are it’s an easy and efficient way secure your money. Overall, this is an easy bonus of $50 into your checking. Don’t forget to check our complete list of Bank Deals!