BBVA Compasss ClearChoice Interest Checking
Great for people who want to earn interest on their checking account balances.
The BBVA Compass Workplace Solutions program is an employee financial benefits package you AND your employees will agree on.
We make the program hassle free by handling all the work, and best of all accounts are available at no cost to you, the employer!
A variety of studies estimate a large percentage of American workers are under personal financial stress; and indicate that this type of stress has a negative impact on productivity. Whether they are simply distracted or actually taking care of money issues while at work, these workers are less productive than their colleagues who are not worried about personal finances. Unfortunately, this means that their worries are not only detrimental to them, they are costing you money. The good news is that BBVA Compass can help.
Our Workplace Solutions program actually brings the bank to your employees, making banking easier and more efficient. Plus the program includes discounts and money-saving opportunities that can help your employees get the financial tools they need, for less.
In addition, we offer a series of FREE Financial Wellness Seminars that provide practical, useful information about money management. Topics include managing credit and debt, creating a family budget, buying a home, saving for college, and more. These seminars are provided at a date and location that’s convenient for you and your employees, and best of all, they are free of charge.
All Accounts and Check Cards subject to approval, which may include credit approval. $25 minimum opening deposit required. Additional terms may apply. Please refer to the Terms and Conditions for each product for additional details. Products, features and benefits offered are subject to change.
BBVA Compass ClearChoice Savings Account
Make a $25 automatic recurring monthly transfer from your BBVA Compass checking account, and the BBVA Compass ClearChoice Savings account Service Charge will not apply.1
Receive a 0.25% (25 basis points) interest rate discount on home equity products.2
Online and Mobile Banking
Always know what’s happening with your account with alerts, plus access your accounts on the go.
Rewards Card and ClearPoints Credit Cards
Get a 5,000 CompassPoints rewards bonus when you make $500 or more in Qualifying Purchases within 30 days of credit card account opening.3
Visa® Debit Card
Earn rewards through CompassPoints when you shop at participating retailers.4
BBVA Compass Express Personal Loan
Enjoy a 0.25% interest rate discount on loan amounts from $2,000 to $100,000, and $2,000 to $35,000 when opened online. The best part is, loan amounts up to $50,000 can potentially receive same-day credit decision and funding upon approval. Only your signature is needed. It’s that easy.5
Through BBVA Compass and our Workplace Solutions program your employees can take advantage of special benefits, rewards and savings that can add up to hundreds of dollars in the first year alone.
At BBVA Compass, we want to make it completely hassle free for you and extremely convenient for your employees/members to take advantage of our outstanding package of products and services. Just a few of the services we offer include:
Nothing at all. There is no cost to your company to participate in the program.
Once again, nothing at all. We'll take care of everything. All we need is a little time and a place to meet with your employees/members.
We can work around your schedule and have a variety of options to best suit you and your employees/members needs. For example, if you have regularly scheduled meetings with your employees/members, we can make a 10 - 15 minute presentation during the meeting, answer any questions they might have, and be available to open accounts at your convenience. If you don't have regularly scheduled meetings, we can set up a table in a common area (such as break room, lobby, etc) and be available during work breaks.
Our package of money-saving accounts and services is unlike anything in the industry. We also provide free Financial Wellness seminars at your request to help educate your employees on a variety of financial topics.
Yes, our Easy Checking account is designed exclusively for individuals who have had trouble getting a checking account in the past. Another alternative is our BBVA Compass ClearSpend Card, which is a reloadable Prepaid Visa Debit card. Learn more about the ClearSpend card.
Yes! You can continue to offer the services of your current bank and/or credit union. Adding the Workplace Solutions program will simply give them additional options and choices.
Our mission is to educate your workforce about the services BBVA Compass has available. There is no obligation on the part of the company or the employee.
No. Once again, there is no obligation on the part of you, your company or your employees/members.
Offers subject to change at any time. See branch for details.
1 BBVA Compass ClearChoice Savings accounts subject to approval. $25 minimum opening deposit required. If you have an automatic, recurring monthly transfer of $25 or more from your BBVA Compass consumer checking account to your BBVA Compass ClearChoice Savings account in effect at the time the Service Charge for the BBVA Compass ClearChoice Savings account would be assessed, the Service Charge will not apply. Otherwise there is a $500 minimum daily collected balance to avoid the Service Charge of $15 per quarter.
2 Home Equity: All loans and lines of credit are subject to approval, including credit approval. In order to be eligible, you must have a Workplace Solutions code on consumer checking account. Home Equity interest rate discounts can be combined with the auto debit discount. However, it cannot be combined with any other promotional discount, Branch Empowerment Tool or Professional Program discounts. Account offerings subject to change. Miscellaneous fees may apply. Offers expire December 31, 2018.
3 Rewards Card and ClearPoints Credit Card: Workplace Solutions consumer checking account required. All credit cards subject to approval, including credit approval. Minimum $500 in Qualifying Purchases must be made within 30 days of credit card account opening to qualify for bonus CompassPoints. A "Qualifying Purchase" is any purchase, Internet purchase, phone or mail order purchase, bill payment, contactless purchase (purchase made by holding your BBVA Compass Visa Card or other device up to a secure reader instead of swiping your card), or small-dollar purchase for which you are not required to sign, made with your BBVA Compass Visa Card, that is processed or submitted through the Visa U.S.A. Inc. payment system. Points do not accumulate on cash advances, balance transfers, or convenience check transactions. Account must be in good standing to earn and redeem points. The 5,000 bonus points offer is limited to one award per account relationship regardless of the number of individual cards associated with that account relationship. For more information about CompassPoints, visit bbvacompass.com/rewards or call 1-87REWARDS1 (1-877-392-7371).
4 CompassPoints: To redeem CompassPoints, you must register by calling 1-87-REWARDS-1 (877-392-7371) or by enrolling online at https://bbvacompasspointsrewards.com/Default.aspx. BBVA Compass Consumer credit cards earn points based on Qualifying Purchases. Go to bbvacompass.com/rewards
to learn more about earning points on BBVA Compass credit cards.
5 BBVA Compass Express Personal Loan: Loans are subject to eligibility, underwriting, and approval, including credit approval. The offered APR (with no interest rate discounts) will vary between 5.91% and 35.06% (for online applications, the APR will vary between 5.99% and 35.06%). Quoted APR is calculated based upon creditworthiness, loan amounts, term length, and amount of Interest Surcharge. Only the most creditworthy applicants will receive the lowest APR and/or the highest loan amount. You must pay an Interest Surcharge ("Surcharge") at loan closing. The amount of the Surcharge will be deducted from the loan proceeds so the amount of loan proceeds distributed to you will be less than the full amount of your loan. Enrollment in auto-debited loan payments from a BBVA Compass checking account is required to receive an additional 1.00% interest rate discount and the BBVA Compass Checking Account must be opened prior to the loan being finalized. Enrollment in the Workplace Solutions Program at the time the loan is finalized is required to receive the .25% interest rate discount. An unsecured term loan may not be originated for any applicant who has originated or been declined for an unsecured term loan with BBVA Compass within six (6) months of the date of the new application or who currently has two or more active unsecured term loans with BBVA Compass.
6 Consumer Loan: All loans subject to program eligibility, collateral and underwriting requirements, and approval, including credit approval.
7 Mortgage: Loans subject to program eligibility, underwriting, collateral requirements, and approval, including credit approval.