Free Checking account Take advantage of full-service features without the price tag.
Convenient, personable, accommodating and helpful. What else could you ask for?? View 8 More Comments …. A total of 27 customers had cast their vote for branches and in average, BBVA Compass got a score of 3.
The bank has 11 reviews or customer complaints filed. Federal Reserve Member Bank. Thank you for posting a review. In addition to the features you get with the free checking accounts, you earn a tiered interest rate.
The rates you see above are promotional rates. Opening an account can take as little as a few minutes by filling out an application form on the BBVA Compass website. Enter personal details such as your address, income information and ID to verify your identity. Once approved you can then fund your account. This account is a great option for those who want to save money on banking fees while still being able to get access to a whole host of features.
There are no monthly service charges nor fees for in-network ATMs. The account is set to default to decline any transactions that will cause your account to go into overdraft, but you can link it to a savings account or a line of credit.
As for other features, you get free online and mobile banking, including bill pay and mobile deposit. Account holders also get a free Visa debit card and the ability to earn cashback rewards every time you make a qualifying purchase.
Residents in any of the above mentioned locations can fill out an application form online. Otherwise, you can open a Free Checking account at your local branch. Account holders also get free access to online and mobile banking as well as bill pay.
With your free Visa debit card, you can earn cashback rewards with the Simple Cash Back program. You can select rewards once you log into your account online or via the mobile app. Account holders earn rewards by doing simple tasks such as making a qualifying purchase.
This includes your name, employment information and a piece of government ID. Once approved, you can then fund your account. You also get free online and mobile banking so you can keep an eye on your account anytime you want. Included in this account is a Visa debit card with cashback rewards on qualifying purchases.
Once you have this account open for a minimum of 12 months, you may be able to upgrade to another checking account if your account is still active and has a positive balance.
If your application is rejected, then you can open a Easy Checking account by visiting your local branch or by calling customer service. Compared with other online banks, the rates for the interest-bearing checking account fall a bit short. Many of its competitors have checking accounts with no fees and much higher APYs. If you earn enough cash back through its program, it may be worth it to open an account. This is a basic savings account that offers free online and mobile banking. Like most big banks, the interest you earn is pretty minuscule.
However, this account can be useful if you want to store some extra cash if you plan to link it to a checking account for overdraft protection. As with all savings accounts, Federal Regulation D limits up to six transfers and electronic payments a month. Otherwise, you can open an account at your local branch or by calling the bank. This is a unique account in that it is a hybrid between a regular savings account and a CD. You choose the length of your savings goal — six or 12 months — and then choose an amount you want to have automatically transferred from your checking account.
Account holders have the ability to earn a match transfer bonus. You can only open this account in person. Click here to check for a location closest to you or by calling the bank. Many online competitors offer much higher APYs on their savings accounts with no monthly maintenance fees , though some may require higher minimum balances.
Terms range from seven days to 15 years for CDs opened at a branch. Interest earned will only be paid when your account matures if you open it online. However, if you open a CD in person, you have the option to have interest earned paid out either monthly, quarterly, twice a year, annually or at maturity.
The interest can be paid out to another account, via check or kept in the CD. Account holders will receive a written notice before the account matures. Otherwise, your CD will automatically be renewed at the current rate, which will be different from the promotional APY. You can take advantage of the promotional rates by filling out an application form online. Upon approval your account will be considered opened. The promotional rate you see above is only good for those who open an account online and only for the first 12 months.
You also cannot have opened another money market account within the last 30 days of account opening. Depending on your deposit amount, the APY could still be higher than a savings account. Because this is a type of savings account, Federal Regulation D states that you can only make a maximum of six withdrawals a month.
BBVA Compass offers one of the highest rates from our list of the best money market accounts out there. Many other competitors have mobile banking just like BBVA does. You can click here to find a location closest to you or call the bank to find out more. BBVA Compass does offer some unique features such as different options to get cashback rewards with its Visa debit card.
It also offers rate matching for its Build My Savings account. Sadly, its checking and savings accounts fall short. Even with perks like no-fee accounts and free checks, other online banks offer many of the same options at higher rates. Maybe they need a better tablet. This app is only available on the App Store for iOS devices. Fixes problem displaying posted transactions. It fixes login issues. Try our new and improved functionality, including the ability to download the confirmation screen.
Simple, fast and convenient! New Bill Payment functionality, Economic Research articles, easier navigation, cash flow graphics, and bug fixes from previous version. To display bill pay icon services, you need to be enrolled in bill pay for Online Banking.
May 30, Version 4. Compatibility Requires iOS Languages English, French, Spanish.