Featured Savings Rates
Featured Accounts

BBVA Compass

Popular Accounts at this Bank

0.15%Money MarketClearChoice Money Market Account
0.25%18-month CD18 Month CD - Branch
1.25%1-year CD12 Month CD - Online

Overview / Commentary
15 20th Street South
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

$200 Checking Bonus - BBVA Compass FL Branches - 8/9/2017

Earn $200 when you open any new eligible BBVA Compass consumer checking account and receive a qualifying direct deposit. Visit your local Florida-area BBVA Compass branch before August 21st to open your account and earn your $200 cash bonus. Offer only available in participating branches or 1-800-Compass - Option 2; offer not available online. https://www.bbvacompass.com/go/specialoffer/florida.html

BBVA Compass Offers Money Market Promotional Rates Nationwide - 7/6/2017

BBVA Company is offering a 1.25% APY ($10k min/$5m max) promotional rate on new ClearChoice Money Markets. New money required for opening deposit.

Return Of The Promotional BBVA Compass ClearChoice Money Market Account - 3/2/2017

BBVA Compass is once again offering a promotional rate on its ClearChoice Money Market Account. Compared to past promos, the rate is lower and there is no guarantee period. 1.00% APY $10k to $5m 0.05% for under $10k Only for new BBVA Compass MM customers and the funds must be new to BBVA $15 monthly service charge. Can be waived with a $10,000 balance or with automatic monthly transfers of $25 from a BBVA checking account.

View all posts from:

8/15/14 - Money Market Promotion Guaranteeing 1% through 2015 at BBVA Compass in Certain States
8/8/14 - $150 Checking and Savings Promotion at BBVA Compass in Certain States
7/17/14 - Special 18-Month CD Rate at BBVA Compass
6/12/14 - BBVA Compass 1% Savings Account and Checking Bonuses
3/24/14 - Competitive CD Rate Specials at BBVA Compass
1/9/14 - Kindle Fire HD Checking Account Bonus at BBVA Compass
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
5/8/10 - Build My Savings Account at BBVA Compass - Hot Deal or Marketing Gimmick?
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)
3/15/09 - Review of Equity-Index CDs at Compass - Other Options?
1/15/09 - $150 Checking Account Bonus at Compass Bank (available in AL, AZ, CO, FL, NM & TX)
3/26/08 - 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
9/11/05 - Checking Account Deals

Great Bank To Do Business With My Experience!

Posted by: Grant75219 | Sep 7, 2017

I received nothing but great service from this Bank. Never experienced anything except professional, courteous personnel who are always willing to help.

BBVA Compass provides excellent service and convenient banking options.

Posted by: Alinuity | Aug 23, 2017

When I opened my account, the bank representative was very nice. He gave me a lot of options and helped me choose the accounts that were beneficial to me. He took the time to explain each banking account option and suggested ways I could save more money and prepare for retirement through investment accounts. I learned a lot about investment opportunities and was given the option to come back whenever I needed help or information. Overall, it was a very pleasant experience. The representative talked to me on a very personal level and went out of his way to help me make the best decisions for my circumstances. I was able to open a checking account with an attached savings account. Before I even left the bank, he printed starter checks and even set up my online banking for me. I walked out of the bank feeling that BBVA Compass was an excellent choice.

Sudden Drop In Interest Rate

A tad disappointed. Opened Money Market in September 2015 when the rate was advertised at 1.20 per cent. When checking this a/c on line I noticed I was getting a rate of 1.09. Upon calling the rep I opened the a/c with she said this rate would last for a year (citing it was actually a better deal than the 1.20.)
This month, after being nine months into the 12 month period mentioned, the rate has dropped to ,20.
Fool me once -- fool me twice.
Website is also quirky and a bit awkward to navigate.

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.



Health Grade Components

FDIC Certificate #19048
Year Established1964
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD4.19%
Annual Interest Income$2.01B
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$84.70B$84.98B
LoansQ3 2017vs Q3 2016$59.54B$59.45B
DepositsQ3 2017vs Q3 2016$67.70B$67.86B
Equity CapitalQ3 2017vs Q3 2016$12.20B$12.19B
Loan Loss AllowanceQ3 2017vs Q3 2016$849.1MM$862.1MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$680.2MM$1.13B
Real Estate OwnedQ3 2017vs Q3 2016$22.0MM$17.9MM
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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

0.05%--BBVA Compass ClearChoice Savings

BBVA Compass Money Market Rates

1.25%--ClearChoice Money Market - New Customers, Online
0.15%*$1m*-ClearChoice Money Market Account
OTHER TIERS: 0.05% Up to $100k | 0.10% $100k - $1mm

BBVA Compass Checking Account Rates

0.50%*-$25kClearChoice Interest Checking - New Customers
OTHER TIERS: 0.02% $25k+
0.15%*-$25kClearChoice Interest Checking - Existing Customers
OTHER TIERS: 0.01% $25k+
0.05%*$75k*-ClearChoice Premium Checking for Business
OTHER TIERS: 0.01% Up to $75k

BBVA Compass CD Rates

1.40%$500$250k15 Month CD - Online
1.40%$500$2,500k15 Month CD - Branch
1.25%$500$2,500k12 Month CD - Branch
1.25%$500$250k12 Month CD - Online
0.40%$500$2,500k36 Month CD - Branch
0.40%$500$250k36 Month CD - Online
0.25%$500$2,500k18 Month CD - Branch
0.25%$500$250k18 Month CD - Online

BBVA Compass IRA Rates

1.40%$500$2,500k15 Month IRA - Branch
1.40%$500$250k15 Month IRA - Online
1.25%$500-12 Month IRA - Branch
1.25%$500-12 Month IRA - Online
0.40%$500-36 Month IRA - Branch
0.40%$500-36 Month IRA - Online
0.25%$500-18 Month IRA - Branch
0.25%$500-18 Month IRA - Online