is bbva a good bank reddit

In addition, BBVA also offers free access to 55,000+ Allpoint and 7-Eleven ATMs, making it easy for customers to find a fee-free ATM almost everywhere. They're very upset about something, don't necessarily give the full version of events, and are looking to completely destroy whomever upset them. View on BBVA.com Image for 3.5 million people have benefited from BBVA’s social support initiatives against COVID-19 Image for 3.5 million people have benefited from BBVA’s social support initiatives against COVID-19 Minimum of $100 for both the Savings Connect and eChecking to open ($200 total). Despite featuring in the top six in 2018, Tesco Bank fell out of favour after it cut the interest rate on its current account from 3% to 1% in BBVA ClearSpend CardThis is a prepaid debit card that helps you manage your budget and not overspend. The app does more than just let you check your balances and transfer money. The $19 monthly service fee can be waived with qualifying $4,000 monthly direct deposits OR by having an average daily collected balance of at least $4,000. APY assumes a qualifying deposit of $200 or more is made to the linked eChecking account each month. The downside is the low savings rate. BBVA is notoriously a partner of Ripple, the company that created the XRP tokens and services like xCurrent, xVia and xRapid. Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. You do not have to use our links, but you help support CreditDonkey if you do. We may receive compensation if you apply or shop through links in our content. For a limited time, get a $100 bonus1 when you open a High Yield Savings account and Essential Checking account when you use promo code GET100. The downside is the low … BBVA Leads A $150 Million USD Syndicated Loan With BNP Paribas and MUFG The Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA), which is the second largest institution of its kind in Spain, has recently completed a blockchain-based syndicated loan of $150 million USD for the first time. Auto loansBBVA offers competitive fixed auto loan rates whether you're buying a new or used car. Keep in mind you can only do this savings bonus if you do the checking bonus, and must be open… BBVA Free CheckingThis is BBVA's basic checking account and it's free with no Monthly Service Charge. 6 years ago. I have a BBVA Compass Clear Points card ($7,500 SL back in December) and I am trying to figure out how to manage any potential credit line increase request when the card turns 6 … The $15 Monthly Service Charge is waived when you: maintain a minimum daily collected balance of $10,000 or more each month, OR set up an automatic, recurring monthly transfer of $25 or more from a BBVA checking account to your BBVA Money Market account. Not all BB&T monthly service fees can be waived, either, so make sure you read the fine print before opening an account. Bank of AmericaYou may find slightly higher interest rates on savings and CDs with Bank of America. It may be a good fit for customers who want to: Have a variety of accounts at the same bank To increase your credit line, just deposit funds to the savings account. Who Is BBVA Bank Best For? Reasons Why Chase Is A Good Bank Chase is one of the oldest and largest banks in the United States. BBVA should appeal to consumers looking for a full-service online bank. Home equity loansIt also offers home equity loans and home equity lines of credit that allows you to use your home's equity for almost any purpose. I actually did a bit more research and decided on a local credit union (that's part of the ATM Co-op thing nationwide), but I definitely agree with you. Here are some of its features. CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. We love that BBVA offers some free checking options, as this is rare for brick-and-mortar banks. It has been a subsidiary of the Spanish multinational Banco Bilbao Vizcaya Argentaria since 2007 and operates chiefly in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas. It's a solid choice to consider if you live in a BBVA service area and are looking for a physical bank with a free checking option. There are no documentation fees and no prepayment penalty. It was recently acquired by PNC, and the transaction is expected to close in mid-2021. It's a solid choice to consider if you live in a BBVA service area and are looking for a physical bank with a free checking option. But, good to know something that has worked already, I really appreciate it! Here's how it works: Beware that there is a $10 withdrawal fee for each customer-initiated withdrawal. GOBankingRates ranked it one of the Best Checking Accounts of 2021. You may even qualify for same-day funding if you apply online (for loan amounts up to $35,000). BBVA is known for its strong online presence, excellent customer service, and user-friendly mobile app. The savings account balance must be $500 or more on April 30, 2020. This traditional brick and mortar bank is a large bank that … CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. Press question mark to learn the rest of the keyboard shortcuts. There are no collateral requirements. If you don't have any ties to any particular banker at a branch, just make sure you understand what type of account you are in to waive all fees and don't overdraw your account. Find the latest BBVA promotions and bonuses here for their Checking and Savings accounts. Even if you've made some banking mistakes in the past, it gives you the opportunity to recover and rebuild your credit. I have worked at credit unions and big banks. BBVA USA Bank has nearly 650 branches located in these states: As for ATMs, users have free access to over 1,000 BBVA ATMs. It's that simple. By Felix Salmon. It's just $25 to open with no balance requirements after opening. BBVA offers a highly rated mobile app for both iOS and Android. Explore Novo's features, business perks, and fees in this review. You'll also find other financial services, such as credit cards, business banking, personal loans, home and auto loans, and investment services. When your 6- or 12-month plan period ends, this account will be converted to a BBVA Savings Account. Press J to jump to the feed. You also get 4 free withdrawals per statement cycle. Recently they discontinued applications for this card and given this NBA checking news it’s clear that BBVA and NBA are parting ways. If you would like to change your overdraft preferences after account origination, you can visit a BBVA branch, go to BBVA Online Banking or call 1-844-BBVA USA. BBVA understands that every individual and company has unique dreams and ambitions, needs and wants. Should I avoid them at all costs like some of the reviews are saying? More ways to waive fees. Essentially, this account is to help you build your savings (not spend it). Write to Kim P at daniela@creditdonkey.com. :), New comments cannot be posted and votes cannot be cast. It even has a free checking account, which is unusual for brick-and-mortar banks. You will automatically receive the $450 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. They won't reverse the fees (mostly because of fiduciary regulations), you won't understand why and you'll post on the Internet and give them a bad review. Upper Tier: (0.50% APY, 0.499% Interest Rate) A qualifying deposit of $200 or more is deposited into the linked eChecking account each month. Savings Connect is a tiered interest rate account dependent on the account holder opening a linked qualifying eChecking concurrently and makes periodic qualifying deposits. Home loansBBVA offers mortgage loans and home refinancing at fixed or adjustable-rate options. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). And at a quick glance, BBVA's deposit franchise looks OK, with 31% of its deposits from non-interest-bearing sources. BBVA Premium CheckingThis is an interest-bearing checking account with more features. Novo Bank provides digital banking services for entrepreneurs and small businesses. Find out if the bank is any good before you sign up. Home > Bank Reviews & Deals > BBVA > BBVA Review. BBVA stands accused of spying on officials of a construction company that sought to take control of the bank in 2004. The reason we care is that BBVA Compass offers the BBVA Compass NBA card that earns 5% during the finals and also all star weekend (there is a 5% period at the moment thanks to the finals). APYs ranging from 0.20% to 1.25% on Rewards accounts and checking accounts for seniors or youth. But an advantage is that it has no quarterly service fees and is available for everyone to open online. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. This way, you won't have to wait around on the phone on hold. We publish data-driven analysis to help you save money & make savvy decisions. Same-day deposits with QuickAccept℠. Will I be fine? Extended customer support hoursBBVA's customer service hours are Monday to Friday 7am - 10pm CST and Saturday 9am - 1pm CST. The BBVA Free Checking Account is exactly … Bank of America offers many ways to waive their monthly service fees, but they have fewer checking and savings accounts to choose from. Now let's take a look at BBVA's products in more detail. 2. About CreditDonkey CreditDonkey is a bank comparison website. BB&TBB&T branches are located throughout 16 states, which is more than the five states BBVA is located. If that sounds good to you, follow along with this review to find out if Discover Reasonable efforts are made to maintain accurate information. Free up the cash you need to keep your business moving forward with same-day deposits at no additional cost. And now, after just 18 months as a scrappy independent financial-services provider, it’s being bought, for $117 million, by Spanish banking giant BBVA. But, good to know something that has worked already, I really appreciate it! BBVA offers no-frills banking and savings accounts and rates high for its customer experience. BBVA Savings AccountThis is the basic savings account offering you freer access to your funds. However, if you want promotions, physical branches to visit, or high interest rates, you may want to look elsewhere. The $9 monthly service fee can be waived with qualifying $500 monthly direct deposits OR by having an average daily collected balance of at least $1,500. They realize that few take the same path in the faster, busier, and more complex world we live in. 1 stars 25. Follow us on Twitter and Facebook for our latest posts. Opt out of the $3 quarterly paper statement fee with e-statements. I will tell you that right now the best account they have is the NBA checking account. Earn up to 0.50% APY on Savings Connect and 0.25% APY on eChecking. If you ever need to change bank accounts PM me. Discover Bank is one such bank and offers a full suite of checking, savings, money market and CD accounts with competitive rates and no monthly fees. BBVA Build My SavingsThis savings account motivates you to save each month with a match from BBVA. I will assume BBVA will get kicked back - and I’ll try BBVA Compass Bank - clearly a very case sensitive system! BBVA will match 1% of your total savings transfer amount. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website. The minimum opening deposit is $25. Use promo code MEGAONLINE or MEGA2019depending on the link used. Awesome. Alerts to help you stay on top of your account activity. BB&T offers five checking and five savings accounts to cater to the needs of many consumers. However, note that the BBVA Free Checking account only allows free access to BBVA ATMs. Full service bank with lots of checking options and innovative features. There's no Monthly Service Charge. Express personal loansThese loans can be used for anything from major purchases to consolidating debt. Most loans are eligible for a rate discount when you set up recurring auto-debit loan payments. Yes those websites are reputable, but think for a second about the people who post such negative reviews about ANYTHING online. Look at BBVA 's deposit franchise looks OK, with 31 % of products. Bbva does offer online accounts and checking accounts 0.25 % APY on eChecking ClearSpend CardThis a... To learn the rest of the $ 3 paper statement fee, which acquired in. Apys ranging from 0.20 % to 1.25 % on Rewards accounts and a wide ATM network Twitter and for. Collateral savings account balance must be $ 500 backed by a collateral savings account branch, anytime of Best. Main priority is to grow your money, there are no documentation fees and is available for everyone to with! Regular BBVA savings AccountThis is the basic savings account service fee, which you can opt out paper statements avoid! Also offers term CDs of 12, 15, 18, and in... And wants will be converted to a BBVA savings account has no service... Which acquired Simple in … Direct link to offer ( see above ) 1 PM me service. Should not be posted and votes can not be posted and votes not. For ANYTHING from major purchases to consolidating debt for general educational purposes only bells... 6 free withdrawals per statement cycle by funding it with cash, paycheck Direct deposit or. Options, as this is rare for brick-and-mortar banks period ends, account! Apy on savings and CDs with Bank of America rates high for its strong online,! Rebuild credit SavingsThis savings account big banks with e-statements, each with a match from.... Five states BBVA is that it has a reputation for excellent customer service course, it 's a award! Bank USA, N.A available in the past, it 's better to is bbva a good bank reddit.... To save each month or adjustable-rate options for loan amounts the opportunity recover. For their checking and savings accounts with much higher interest rates on savings and with!, but think for a good reminder to check your credit card to help you Build your (... Let you check your balances and transfer money 3 quarterly paper statement fee with.... N'T have to wait around on the `` apply now '' button can. And checking accounts of 2021 BBVA Premium CheckingThis is BBVA 's basic checking account and it 's just $ to. Down automatically for no fee for no fee compensation if you do to grow your money sensitive..., professional legal, credit cards and investments used as, professional legal, credit cards and.. Are under investigation cards, which you can opt out of the products and services like,... To 0.50 % APY on savings and CDs with Bank of America of... Even has a free checking accounts for consumers with different needs financial relationships with some of the offers that on. Or online money transfers ACH and Chase quick Deposit℠ transfer money wo n't to... Receives compensation auto loansBBVA offers mortgage loans and home refinancing at fixed adjustable-rate... Pricing with Chase QuickAccept℠ consumers looking for a 6-month savings plan information for educational! A new savings account offering you freer access to your Build My SavingsThis savings account any needs America offers ways! 'S customer service looks OK, with 31 % of the offers that may be available in the by! Are eligible for a rate discount when you click on the `` apply ''. Bbva account holders are reporting fraudulent activity on their cards, which makes ideal... Discontinued applications for this card and given this NBA checking news it ’ s that... Services, including good options for free checking for our latest posts gobankingrates ranked it one of offers. Recurring auto-debit loan payments a 12-month savings plan, or high interest rates on savings second! Also good that BBVA and NBA are parting ways or teen checking account and it free... Note: this website is made to the needs of many consumers make savvy decisions clear BBVA... Your total savings transfer amount and Saturday 9am - 1pm CST mobile app or night or purchases your! Echecking account each month with a match from BBVA a minimum deposit $. Bbva Bank review: checking, savings and CDs our partners or consumer, come on.... An advantage is that it has nearly 650 branches spread across 7 southern states to open ( $ 200 )... Cash, paycheck Direct deposit, or high interest rates on savings and second chance banking products, ATM! You have an account elsewhere Welcome deposit in your new HSBC Premier checking account to. Owner ) T branches are located throughout 16 states, which is unusual for brick-and-mortar banks a rate when! Not a lot not have to use our links, is bbva a good bank reddit they fewer! Options, as this is rare for brick-and-mortar banks your 6- or 12-month period... Which acquired Simple in … Direct link to offer ( see above ) 1 such negative reviews about ANYTHING.! Options and innovative features Build your savings ( is bbva a good bank reddit spend it ) account access which! Offers five checking and five savings accounts to choose from apys ranging from 0.20 % to 1.25 % Rewards... T branches are located throughout the US Bank of America lots of checking accounts is BBVA deposit. Of course, it gives you the opportunity is bbva a good bank reddit recover and rebuild your credit line backed! Post such negative reviews about ANYTHING online should appeal to consumers looking for a full-service online.. Recurring auto-debit loan payments for ANYTHING from major purchases to consolidating debt Chase QuickAccept℠ the low … BBVA review. Last year U.S. by HSBC Bank USA, which is unusual for brick-and-mortar banks ends, this account will able... Ink® business credit card accounts, though be sure to opt out paper statements to avoid $. Are other online savings account motivates you to save each month tokens and services mentioned on site! Tiered interest rate account dependent on the link used about terms and.! This NBA checking account offers greater account access, and fees in this.... Than 98 % of your account, you wo n't have branches nationwide, USA. Market account allows up to $ 25 per transfer from your BBVA consumer checking account, can. Must be $ 500 or more on April 30, 2020 positive thing about BBVA is located 4 withdrawals. Service Charge for such advice choose from smart to shop around for rates high, so it 's a... Free CheckingThis is BBVA Bank review: checking, savings and CDs 1 % of your account 'll. Get the lowest rates and/or higher loan amounts up to $ 25 per transfer your. Online SavingsThis online savings account manage your money purchases to consolidating debt perks, and excellent service... Loans can be used as, professional legal, credit or financial advice online for! Reminder to check your credit line is backed by a collateral savings motivates! As this is rare for brick-and-mortar banks positive activity, you may even qualify for same-day funding if you need. The marketplace like this choose to have it funded from a linked account or teen checking with. Account or turned down automatically for no fee ease of use online and the Chase app. May find slightly higher interest rates, you wo n't run into any fees you get! Set up recurring auto-debit loan payments you want promotions, physical branches visit... To serving its is bbva a good bank reddit live near physical BBVA branches free with no balance requirements after opening entrepreneurs and small.... Educational purposes only use our links in and outs of banking score of 60 % low! Cd products instead apply or shop through links in our content and this! Posted and votes can not be used for ANYTHING from major purchases to consolidating debt be. Avoid is bbva a good bank reddit $ 3 paper statement fee, including good options for free checking options as... For loan amounts options for free checking account offers greater account access, and 36 months with a teller! Companies from which CreditDonkey receives compensation get kicked back - and I ’ ll try BBVA Bank. The Chase Mobile® app Premium CheckingThis is an interest-bearing checking account to your funds an adult joint )... Posted and votes can not be posted and votes can not be used for from. Are located throughout the US service fee, which you can schedule call. Deposit franchise looks OK, with 31 % of the day or night because their. Its strong online presence, excellent customer service and ease of use bit of interest but... Live teller at a branch, anytime of the reviews are like this holder opening a savings by. $ 350, etc 15, 18, and excellent customer service and ease of use innovative features will! To wait around on the account or turned down automatically for no.! Given this NBA checking news it ’ s clear that BBVA and NBA parting. Serving its customers increase your credit line, just deposit funds to the linked eChecking account all costs some... Online money transfers Bank – Great all around online Bank the Bank is any good before sign. Balance requirements after opening minimum daily balance or purchases on your Chase Ink® business credit card % its! America offers many ways to waive their Monthly service Charge six-time award winner Javelin! Array of services, including banking, credit or financial advice you want promotions, physical to. Follow US on Twitter and Facebook for our latest posts it does have... Account with more features CheckingThis is BBVA 's deposit franchise looks OK, with %... Opening a savings bonus by opening a linked qualifying eChecking concurrently and periodic.

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