Compass Bank Checking Account
May 27th, 2009 Posted in Checking Accounts, Rewards Checking Accounts
Compass Bank currently has a cash back checking account promotion which is running all summer long!
From May 18, 2009 until July 31, 2009 you can pay for gas, groceries and utilities with your BBVA Compass Visa Check Card (free with your new checking account) and receive 5% cash back. Within a couple days of each payment, you’ll receive your 5% cash back automatically deposited into your checking account.
Compass Bank Checking Account Promotion Details:
(as seen on the BBVA Compass Bank promo page)
- Utilities. Pay online, over the phone or in person using your Check Card. You can earn a rebate on just about all your household utilities, including electric, gas and water.
- Groceries. Load up your cart & swipe your Check Card.
- Gas. Save every time you use your Check Card to fill up your tank and grab a few snacks.
- $50 max per month. You can only earn up to $50 per month from this promotion
- $25 minimum for opening a new checking account
- Offer valid through July 31, 2009
- Cash back will be credited to your checking account 2 business days after the qualifying purchase has been posted


May 27th, 2009 at 12:42 pm
So the maximum you should spend on your free checking debit card is $1000?
$1000 x 5% = $50 (aka the max cash back you can earn)
Is this assumption correct?