BBVA Compass is offering a $100 bonus if you open a new checking account by the end of June.
You will also have to complete a few other formalities before the bonus is credited to your account. If you are feeling this might be an unnecessary account just for the bonus, you can think of this as your plan for a 5-year CD at Sunbelt bank, which offers an interest of 2% on its CDs. You need a checking account in BBVA Compass to be eligible for a CD in Sunbelt bank.