Who is the offer with?

• BBVA Bank
• Offer Link

What is the offer?

• $200 Bonus Cash when opening a new checking account. Must be a new BBVA checking account customer who has not had a checking account in the last 24 months or an account that was closed due to a negative balance.
• $50 Extra Bonus Cash when also opening a new savings account with the aforementioned checking account and following the requirements for the original $200 Bonus Cash offer.Must be a new BBVA savings account customer who has not had a checking account in the last 24 months or an account that was closed due to a negative balance.

What to do?

• For the $200 Bonus Cash from the checking account, you must open the account between 11/09/20-11/27/20 and receive a qualifying Direct Deposit of $500 or more by 01/15/2021. $25 minimum deposit required to open the checking account.
• For the $50 Extra Bonus Cash from the savings account, you must open the account along with the checking account between 11/09/20-11/27/20 and have a balance of at least $1,000 on 12/31/2020. $25 minimum deposit required to open the savings account.
• If you prefer to do this offer at a branch, you must provide the code: MB2020
• If doing this offer online, you must provide the code: MBOL2020
• Bonuses are expected by 03/31/2021 once all requirements are met.

What NOT to do?

• Do NOT close the accounts for at least 12 months from opening. Doing so gives BBVA the right to deduct the bonus amount from your account.

Tips and Tricks

• If you follow the link and create the BBVA Online Checking and Savings accounts (verify this in the case for your state, as different states have different accounts. Verify with branches as well as they may also offer different account types, all with varying fees and terms), be sure to go into your settings and DISABLE PAPER STATEMENTS. The Online Checking account has this on by default and charges $3 a month for this service. Disabling this makes the account totally free with no monthly service charge. 
• A great resource for what banks consider as "Direct Deposit" can be found HERE. YMMV. Comment below if a method works (or doesn't) for you. Help one another!
• Feel free to ask any questions below, and ensure to read all of the fine print within the offer page. I did my best to provide the most stand out ones here. Feedback is always greatly appreciated as well.

AND WITH THAT, BE FREE!