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Compass Bank's $50 Checking Account Promotion

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Compass Bank is offering a $50 Amazon gift card when you open a new Compass Free Checking account. Here's the link to the promotion. It only requires a deposit of at least $50 into the checking account within 30 days of registering for this offer. Be sure to review the terms and conditions at the bottom of the promo page, but it seems like an easy deal.

To qualify, you must be a resident of Alabama, Arizona, Colorado, Florida, New Mexico or Texas, and you must not already have a Compass checking account.

If you're looking for a new checking account, Compass Bank's Free Checking account may be worthwhile even without this promotion. Some nice features include no minimum balance requirements, no direct deposit requirements, free checks for the life of the account and rebates of other banks' ATM fees. However, the rebates do require mailing Compass the receipts showing the ATM surcharges.

Credit for this deal goes to this SlickDeals thread. Compass had this same promotion last year and several people mentioned that it was an easy $50. However, there were a couple of people on this thread who reported problems with Compass Bank although there are not many details.


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