Featured Savings Rates
Featured Accounts

BBVA Compass

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.85%Money MarketClearChoice Money Market Account
0.10%1-year CD12 Month CD Special - Online
0.05%SavingsBBVA Compass ClearChoice Savings

Overview / Commentary
800-266-7277
15 South 20th Street
Birmingham, AL 35233

BBVA Compass is a large, Alabama-based bank that offers retail, small business, commercial, and wealth management banking products and services. The bank’s more than 10,000 employees serve its customers through branches located in states from the East to West coasts. The BBVA Compass name was formed when a bank holding company out of Spain, BBVA, acquired Compass Bancshares in 2007.

On its personal retail banking side, BBVA Compass offers checking, savings, Money Market, CD, and IRA accounts, as well as credit cards, mortgages, and auto loans on the personal lending side. Checking account options include an interest-bearing account, a second chance account, a basic account, and an NBA account. All but the NBA account come with a monthly service charge, and for the second chance account that charge cannot be waived. BBVA Compass’ basic savings account earns minimal interest and has a quarterly service charge unless a minimum daily balance requirement is met. The bank also features a customized savings account that will match transfers made into the account up to a certain percentage. Money Market accounts can be linked to a checking account to prevent overdrafts, and tiered interest rates provide incentives for account holders to increase their balances. Certificates of Deposit (CDs) are available in term lengths ranging from 7 days to 15 years and come with minimum initial deposit requirements. DepositAccounts.com has featured BBVA Compass in the past for different checking account bonuses, as well as competitive CD rates. Small business banking solutions include cash management and employee benefits services, in addition to specialty programs for attorney and health care organizations.

BBVA Compass online banking is free and provides a web-based banking platform on which customers can manage their accounts. Tasks like Quicken financial application integration, bill pay, account balance viewing, and funds transfer, can all be accomplished through the online system. Mobile banking is also available, as the bank has optimized its site to make it easy to use from mobile and tablet devices. Mobile apps make it even more convenient in easy to access and perform banking tasks while on the go, including remote deposit. Account holders can also use text and ATM banking for more simple, round-the-clock banking.

BBVA Compass is a subsidiary of BBVA Compass Bancshares, a bank holding company operating in the United States under the ownership of a foreign banking organization called Banco Bilbao Vizcaya Argentaria, which is headquartered in Spain. Compass Bank was established in 1964 as the Central Bank of Birmingham before changing its name in 1993. After it was acquired by BBVA, it merged the two names to create its current title. BBVA Compass Bank is headquartered in Birmingham, Alabama and serves its customers through numerous branches located throughout the United States.

Related Posts

BBVA Compass Has Online And In-Branch Competitive 13-Month CD - 2/13/2016

BBVA Compass has a 13-month Featured CD (1.15% APY in-branch and 1.35% online). Minimum deposit is $500, with a maximum deposit of $250K for CDs opened online.

13 Month CD 1.35% - 2/12/2016

Rate is good for clients in Non-BBVA footprint states in the continental United States. CD accounts subject to approval. $500 minimum opening deposit required to earn Annual Percentage Yield. Substantial penalty for early withdrawal. Rate current as of 2/12/2016. Rate is subject to change. $250,000 is the maximum deposit for CD accounts opened online.

13 Month CD Rate At Branch - 1/28/2016

The rate for in branch 13 month CD is 1.15%

View all posts from:

9/16/13 - Competitive 5-Year CD Rate at BBVA Compass in Several States
8/12/13 - Free Samsung Galaxy Tab 3 Checking Account Bonus at BBVA Compass
8/12/13 - History of BBVA Compass Bonus Payouts
6/10/13 - Build My Savings - Bonus Match
1/27/13 - Preferred Client Program
1/17/13 - Free Kindle Fire HD Checking Account Bonus at BBVA Compass
11/5/12 - Higher CD Rates with Checking at BBVA Compass in Several States
6/10/12 - BBVA Compass Business Money Market Account Special
6/4/12 - Competitive CD Rates at BBVA Compass in Several States
5/7/12 - New $100 Checking Account Bonus at BBVA Compass But Beware of Fees
2/7/12 - Competitive 5-Year CD Rate at BBVA Compass in Several States
9/5/11 - BBVA Compass Increases Fees and Cuts Features on its Checking Accounts
1/11/11 - New Monthly Service Charge For BBVA Compass Build-To-Order Checking Account
1/6/11 - BBVA Compass Adds Monthly Fees to Build-to-Order Checking
8/25/10 - Reminder: $150 Checking Account Bonus At BBVA Compass
8/3/10 - $150 Checking Account Bonus at BBVA Compass in AL, AZ, CA, CO, FL, NM & TX Only
7/20/10 - Business Checking & Savings Account $1,700 Bonus At BBVA Compass
5/10/10 - $100 Checking Account Promotion at BBVA Compass in Several States - Local Only
5/8/10 - Build My Savings Account at BBVA Compass - Hot Deal or Marketing Gimmick?
3/12/10 - New $150 Checking Account Promotion at BBVA Compass in Several States - Local Only
1/8/10 - $150 Checking Account Bonus at BBVA Compass (available in AL, AZ, CO, FL, NM & TX)
1/7/10 - Compass Bank Is Offering $150 To Open A New Account
11/12/09 - BBVA Compass Checking Account Promotion - Free iPod touch (available in AL, AZ, CO, FL, NM & TX)
9/8/09 - 2.50% 24-Month CD & an Equity Index CD at BBVA Compass in Several States
7/9/09 - 2.50% 24-Month CD & a Checking Account Bonus at BBV Compass in AL, AZ, CO, FL, NM & TX
3/15/09 - Review of Equity-Index CDs at Compass - Other Options?
3/4/09 - $100 Checking Account Bonus at Compass Bank (available in AL, AZ, CO, FL, NM & TX)
1/15/09 - $150 Checking Account Bonus at Compass Bank (available in AL, AZ, CO, FL, NM & TX)
8/18/08 - $150 Checking Account Bonus at Compass Bank
6/2/08 - 2GB iPod Shuffle Checking Account Bonus at Compass Bank
3/24/08 - 4.00% Money Market Account Promotion at Compass Bank in Texas
2/4/08 - $50 Cash Bonus for Compass Bank Checking Account in Texas and Alabama
11/28/07 - $50 Gift Card Bonus for Compass Bank's Build-to-Order Checking Account
5/21/07 - $100 Checking / Savings Account Bonus at Compass Bank Continues
1/3/07 - $100 Checking / Savings Account Bonus at Compass Bank
10/18/06 - $100 Business Checking Account Promo at Compass Bank
8/3/06 - Another $50 Checking Account Promo at Compass Bank - Update
4/19/06 - Another $50 Checking Account Promo at Compass Bank
9/11/05 - Checking Account Deals

BBVA Compass - love them

Posted by: jazzy234 | May 13, 2016

I have been with BBVA Compass for a few years now. I started with them by opening up a checking account. Since I'd never had a checking account before the staff was wonderful at explaining all the terms and agreements of opening an account with them. They have been great especially with over draft fees. One time I accidentally overcharged my account and put it in the negative. In a panic I called them to prevent the thirty five dollar over draft fee. They were very understanding about it and waived the fee! I've also used their mobile app when depositing funds, which is a lot easier for me than going all the way across town to put in the money. Another plus of this bank is that there is no minimum deposit you have to have to start up, or keep the account. I will be with them for years to come.

Great Financial Products

Posted by: KKYN2016 | Apr 4, 2016

I was a little bit hesitant when I first considered BBVA Compass. My worries were soon alleviated when I discussed the financial products that they have to offer with their online agent. The customer service was awesome even before I signed up for anything. I was really interested in their savings products as they offer a very competitive APY relative to other banks. The terms of the certificates of deposit were very reasonable. Opening an account on the BBVA Compass website was very easy and intuitive. Overall, it was a very pleasurable experience to do business with BBVA Compass.

BBVA Great customer Service!

I recently had a very scary experience when I found out that my debit card had been compromised. I usually check my account every couple of days via the mobile banking app and found out there was some mysterious charges at a frozen yogurt place in the middle of Los Angeles that I had never heard of. I called the support line right away and the customer service representative was very helpful. They walked me through the process and I was able to cancel the card and have the fraudulent charges refunded. They told me a number of ways the debit card can be compromised and warned me to avoid these possible activities in the future. I was sent a new card and it arrived within the week. I was extremely pleased with my experience and would recommend BBVA to anyone looking for a bank in the Sacramento area.

CAREFUL - Lousy Customer Service

Posted by: redfarm | Jul 16, 2016

Opening the money market account online was easy. Customer service afterwards is a mess. I've had four questions about the fee of $3.00 for each ACH transfer (very slow), check writing (none), the effect of the steep interest rate drop on current accounts, and when the interest is posted to the account (at the end/beginning of the month no interest was posted). The bank's Frequently Asked Questions (FAQ) section doesn't address these or other inquiries typically dealt with by banks. Over a few weeks I sent three messages from my online account, but didn't receive either an answer, or an acknowledgement. I phoned customer service. After very, very long waits the customer service reps couldn't answer these questions. I was put on hold as they sought in confusion answers which weren't available even to them. This bank is a dark hole.

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Health
A

Health Grade Components

Overall
FDIC Certificate #19048
Year Established1964
Employees9989
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.25%
Return on Equity - YTD1.76%
Annual Interest Income$620.3MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$87.63B$81.74B
LoansQ1 2016vs Q1 2015$61.38B$58.06B
DepositsQ1 2016vs Q1 2015$69.21B$63.06B
Equity CapitalQ1 2016vs Q1 2015$12.19B$11.90B
Loan Loss AllowanceQ1 2016vs Q1 2015$822.4MM$701.9MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$861.0MM$401.1MM
Real Estate OwnedQ1 2016vs Q1 2015$15.2MM$15.7MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not BBVA Compass; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

BBVA Compass Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--BBVA Compass ClearChoice Savings

BBVA Compass Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$10k*$5mClearChoice Money Market Account
OTHER TIERS: 0.05% Up to $10k | 0.25% $5mm+

BBVA Compass Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--ClearChoice Premium Checking Account

BBVA Compass CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$500$2,500k48 Month CD - Branch
0.40%$500$2,500k36 Month CD - Branch
0.30%$500$2,500k24 Month CD - Branch
0.30%$500-24 Month CD Special - Branch
0.30%$500-24 Month CD Special - Online
0.20%$500$2,500k16 Month CD - Branch
0.10%$500$2,500k6 Month CD - Branch
0.10%$500$2,500k9 Month CD - Branch
0.10%$500$2,500k12 Month CD - Branch
0.10%$500$1m12 Month CD Special - Branch
0.10%$500$1m12 Month CD Special - Online
0.05%$500$2,500k1 Month CD - Branch
0.05%$500$2,500k3 Month CD - Branch
Locations

BBVA Compass has 669 locations. Click to view all BBVA Compass locations.