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:

1. Open an BBVA Compass Bank savings account. 
2. deposit a minimum of $25 into your Build-My-Savings Account
3. Determine the length of your savings plan (6 to 12 month option)
4. Savings Plan must include an automatic, preauthorized transfer of at least $25 per transfer.
5. 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.

Final Analysis:

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!