SafeSpend: Visa® Prepaid Card
A smart, simple, safe solution to manage your money.
Forget the worry of bounced checks and overdraft fees – the SafeSpend Card helps you manage your money responsibly and affordably.
- Benefits
- How it works
- Funding
- Direct Deposit
- Limits/Fees
The BBVA Compass SafeSpend Card is a reloadable Prepaid Visa Debit card. Gain control of your money by converting cash to your card today, and take advantage of the convenience and safety of Prepaid Visa Debit.
- No Overdraft Fees
- Get funds quicker with Direct Deposit
- Great for College Students
- Avoid Check Cashing lines/Fees
The BBVA Compass SafeSpend Card also includes:
- FREE online banking
- FREE Bill Pay
- FREE email or text* balance alerts
- Zero Liability** if card is lost or stolen
- FDIC Insured
*BBVA Compass does not charge for text message alerts, however standard text message rates may apply. Check with your wireless carrier for your text message rate plan and available plans.
**BBVA Compass Zero Liability covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify BBVA Compass promptly of any unauthorized use. Consult BBVA Compass for additional details or visit visa.com/security. See your Visa Cardholder Agreement for further details.
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Sign up for your Card online with our instant approval process
- No Credit Check
- No Issuance Fees
- Activate your SafeSpend Card FREE online or by phone
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Add funds to your card
- Get instant access to your paycheck, download Direct Deposit Form
- Transfer funds from your BBVA Compass debit card to your SafeSpend Card
- Add cash at participating Visa ReadyLink retail merchant locations –
find a ReadyLink location near you
-
Use your card anywhere Visa is accepted
- Transact worry free with no risk of overdraft fees
Add Funds To Your Card
Multiple ways to reload (add funds) to your SafeSpend Card.
- Direct Deposit: Gain access to your funds quicker by direct depositing all or part of your paycheck to your card. Direct Deposit payroll funds will be available on your Card as of the check’s payment recieved date – and pay no reload fee.
- Swipe your card at the register of any participating Visa ReadyLink retail merchant location. Find a ReadyLink location near you.
- Online Card-to-Card Transfer (from BBVA Compass debit cards only): Add money online from your BBVA Compass debit card with no reload fee. A great tool to provide funds for your teen or college age student.
Manage Your Money Online
Know what’s going on with your account is just a click away.
- Stay on plan: Easily view purchases and detailed account summary online to remain aware of what you've spent and what you have left to spend. Alert yourself to low balances with email and text alerts* so you know when it's time to put money back on your card.
- Pay bills free online: Make stamps a thing of the past and avoid check cashing lines and fees by automatically paying monthly bills like utilities and rent. Select who you want to pay and when, for free.
- Manage your funds: order a second card to share with a student or spouse. Fund your student's Card and help them stay on track and avoid trouble by tracking their spending online.
*BBVA Compass does not charge for text message alerts, however standard text message rates may apply. Check with your wireless carrier for your text message rate plan and available plans.
Sign up for Direct Deposit and your pay check, social security, or other income can be deposited directly to your SafeSpend Card.
Features and Benefits
- Convenient – Easier than cashing your check at a bank or check cashing location.
- Fast – Immediate access to your money from the time of the deposit.
- Safe – Checks can be lost, delayed or stolen. Direct Deposit helps protect you from these risks.
- Automatic Payment – Your money is automatically deposited onto your SafeSpend Card.
How to Sign Up
To set up this service simply download and complete our Payroll Direct Deposit Form, or use the prefilled form provided with your SafeSpend Card shipment and take it to your employer’s payroll or Human Resources Department. They can take care of the rest.
Note: If you receive Social Security or other government payroll payments, you may call the number listed at the bottom of the Payroll Direct Deposit form to set up direct deposit
Limits
| SafeSpend Card Load (Funding) Limits | ||
|---|---|---|
| Ordered SafeSpend Card without BBVA Compass Debit Card | Ordered SafeSpend Card with BBVA Compass Debit Card | |
| Maximum balance of funds on card | $3,000 | $6,500 |
| Maximum amount of all loads | $1,600 during any 15-day period | $3,500 during any 15-day period |
| Maximum number of loads | 3 during any 7-day period | 3 during any 7-day period |
| Maximum for Visa ReadyLink Loads | $500/load
$500 during any 7-day period 3 loads during any 7-day period |
$600/load
$1,500 during any 7-day period 3 loads during any 7-day period |
| Maximum amount of any direct deposit | $1,600 | $3,500 |
| Maximum amount of any transfer from your BBVAC debit card | n/a | $2,500 |
| Minimum load amount | $20 | $20 |
| SafeSpend Card Transaction Limits | ||
|---|---|---|
| Ordered SafeSpend Card without BBVA Compass Debit Card | Ordered SafeSpend Card with BBVA Compass Debit Card | |
| Daily limit for transactions to obtain cash from a Visa ATM | $400/transaction | $600/transaction |
| $400/day | $600/day | |
| Daily limit for all other kinds of transactions, including purchases at Visa Merchants | $1,500/transaction | $1,500/transaction |
| $1,500/day | $1,500/day | |
| Daily limit for all transactions | $1,500/day | $1,500/day |
Schedule of Fees
| New Card | Free |
| Card Activation | Free |
| Initial Loading of Funds | $4 |
| Monthly Maintenance | $4/month |
| Reloading of Funds | No Charge by BBVA Compass |
| Card Reissued after Expiration | Free |
| Replacement of Lost/Stolen Card | Free |
| Card for Authorized User | $4 |
| Email/Text Message Alerts | Free* |
| Bill Payment Service | Free |
| Paper Statements | $4/month |
| Copy of Statement | $4/statement |
| Check for Funds | $15 (charged only if you terminate use of Card) |
| Balance Inquiry | |
|---|---|
| Domestic ATM | No Charge at BBVA Compass |
| Foreign ATM | $1 |
| Withdrawal | |
| Domestic ATM | $1*** |
| Foreign ATM | $3*** |
| Foreign Transactions | |
| Withdrawal at Foreign ATM | 1% of the U.S. dollar amount of the withdrawal |
| All other Foreign Transactions | 3% of the U.S. dollar amount of the transaction |
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