UPDATE: 1/24/14 This promotion is being offered again this year. Promo valid 1/6/14 – 3/31/14
BBVA Compass is currently offering a free 16GB Kindle Fire HD(value at $199) with direct deposit good until 3/31/2013. This is a very fun and relatively easy offer. The Kindle Fire is one of the top 3 recommended tablets currently on CNET.
WHAT TO DO:
- Open a BBVA Compass Checking account
- Deposit $25
- Set up qualifying direct deposit of at least $300 within 90 days
- Make 3 online bill payments of at least $50 each
BBVA Compass Checking Features:
- Get a new kindle fire HD when you open your account, make three qualifying payments through online bill pay and receive a qualifying direct deposit.
- Save time with free online and mobile banking with bill pay.
- Manage all your BBVA Compass accounts with free online tools
New account holders must apply for either the Build-to-Order Checking or CompassLink Checking qualify for this promotion. To avoid the $10.95 monthly fee, either set up direct deposit or have at least $1,500 daily balance in your account.
Check out more banking bonuses on the Miles Momma site
NOTE: BBVA bonus is only for residents living in AL, AZ, CA, CO, FL, NM & TX
Don’t want to mess with your direct deposit. Why would you! Use one of the following tools:
ING Direct, PayPal, Square Card Reader, or Go Intuit Reader. There are other tools but these are some great ones. Send yourself a ACH Direct Deposit with these services to meet the requirement. ING Direct or PayPal are your best options without any fees. Simply link your new BBVA checking account to these accounts and make a transfer. With most financial institutions the transfer comes through as a ACH Deposit which is a direct deposit and qualifies you for the bonus. Square Reader & Go Intuit Reader will have a small fee involved. Simply set up the new BBVA checking account with these services and send yourself money with a credit card (preferably your spouse, girlfriend/boyfriend, or friend).
UPDATE: Thanks to one of my readers, Maggie for catching that the terms and conditions state ” Transfers made from PayPal, ING Direct, or from accounts owned by the accountholder (or related parties) at other financial institutions do not qualify. Online bill payments must be processed electronically and completed by the deadline. Payments made by check or person-to-person (P2P) payments do not qualify. Payments made by a third party debiting your account do not qualify.”
So I would recommend using Square Reader or Go Intuit either of these services will deposit as a ACH Direct Deposit. You will have a fee though. 2.75% of deposit. $300 x 2.75% would be $8.25. Still a great deal for a Kindle Fire. Bill pay requirements should be easy since we all have bills to pay. Thanks again for the catch!