BBVA Compass ClearSpend Visa® Card

clearspend card

Overview

Introducing the easiest way to manage your money

Looking to better control your spending? Want to set a budget for your college student? With the ClearSpend Prepaid Visa® Card, you get access to an app that suggests a budget based on your spending habits, with real-time alertsto help keep you on track.  

  • NO Overdraft Fees 
  • NO Purchase Transaction Fees 
  • NO Monthly Service Charge as long as $400 or more is loaded during each calendar month, otherwise a $4 Monthly Service Charge will be assessed.2 
  • NO Load Fees at a BBVA Compass branch, through a BBVA Compass debit card or through ACH/Direct deposit. Visa ReadyLink® merchants may charge a fee for this service.
  • NO Credit Score Check to Apply*

Getting Started

1

Get the App & the Card

Available for IOS or Android Devices. Order a prepaid card online or directly from the app, or step into one of our branches and receive your card immediately upon approval.

 
2

Load Funds

Load from a BBVA Compass debit card or set up direct deposit. Cards can be loaded with cash at any Visa ReadyLink® location or BBVA Compass branch. Money can also be transferred to your ClearSpend card using PayPal®, Venmo®, Popmoney® or other transfer services.

 
3

Start Spending

Use your ClearSpend Prepaid Visa® debit card for all your day-to-day, on-line, and household spending. After 30 days, the ClearSpend app will automatically suggest a budget.

 

Solutions

Mobile Phone Trends

Budgeting for two

With ClearSpend, two people can manage one budget while maintaining a snapshot of who spent what.

Secondary cards are great for:

  • Sharing a household budget with a spouse or roommate
  • Setting up your child with a secondary card and teaching them to budget (limit one secondary card per account)

Since both cards are tied to the same budget, each cardholder has the ability to load funds to ClearSpend that can be used for purchases by either cardholder. Secondary cardholders will have to verify their e-mail addresses and activate their card before using. Each cardholder will receive spending alerts each time a purchase is made by either cardholder.

How do I request an additional card?

You can add a secondary card holder during application or any time at clearspend.bbvacompass.com/login. Login to your account and select "Add a Second Card" from the main menu to get started. The second card will be sent to the address you use during the application.

How it works

Load money, conveniently

Load money to ClearSpend

Link your BBVA Compass debit card in the App or fund your card in person with cash at any BBVA Compass branch or Visa ReadyLink location.

Direct Deposit

You can Direct Deposit all or part of your pay check to your card, add cash to your card at any BBVA Compass branch location or participating Visa ReadyLink® retail merchant location.

Transfer money to ClearSpend

Login to an existing bank account and transfer money to your ClearSpend account using services such as Popmoney®, PayPal® or Venmo®. You'll need your ClearSpend account number and routing number which are available in the App under "My Account". Funds will be available in 2-3 business days. 

FAQS

Frequently asked questions

Does the BBVA Compass ClearSpend Prepaid Visa® Card require a credit check?

When you apply for a BBVA Compass ClearSpend Prepaid Visa® Card, we do not check your credit score; however, your application is subject to approval based on other data on file at consumer reporting agencies.

How can I activate my prepaid card?

We offer three easy ways for you to activate your prepaid card:

1.     Online at clearspend.bbvacompass.com/login

2.     Download and sign in to the ClearSpend app (IOS or Android)

3.     Call 1-866-236-7967

When you call 1-866-236-7967, you also have the option to set your PIN. 

How do I add funds to my prepaid card?

You can add funds to a BBVA Compass ClearSpend Prepaid Visa® Card in the following ways:

1.     Transfer funds from a BBVA Compass debit card to your prepaid card

2.     Set up direct deposit to your prepaid card (see more details in the FAQ below)

3.     Make a cash deposit at a BBVA Compass branch or Visa ReadyLink location (Visa ReadyLink merchants may charge a fee for this service.)

4.     Transfer funds to your prepaid card using PayPal®, Venmo®, Popmoney® or other money transfer services

There are limits on the amount that can be loaded to your BBVA Compass ClearSpend Prepaid Visa® Card. For full funding and transaction limits, see Terms and Conditions

Can I receive direct deposits in my ClearSpend account?

Yes, a BBVA Compass ClearSpend Prepaid Visa® Card can receive direct deposits from your employer or from another financial institution. The maximum limit is $6,500. For full funding and transaction limits, see Terms and Conditions.

Are there any limits on funding, purchases, or withdrawals?

Yes, there are limits. Please refer to the Fees and Limits grid schedule.

Where can I manage my prepaid card?

You can manage your BBVA Compass ClearSpend Prepaid Visa® Card online at clearspend.bbvacompass.com/login or through the ClearSpend app on your Android or iPhone device.

What are the fees associated with the BBVA Compass ClearSpend Prepaid Visa® Card?

Please refer to the Schedule of Fees for the BBVA Compass ClearSpend Prepaid Visa® Card.

Details you need to make a smart decision

1Alerts may be delayed or may not always be available. Thus, your balance may not reflect all transactions.

2Please Note: Monthly Service Charge can be avoided with $400 or more in loads during each calendar month.  The Monthly Service Charge will be assessed on the 15th of the following month if load requirement has not been met for the preceding month. 

*Card Subject to approval, including fraud prevention measures.

ClearSpend Accounts available to U.S. residents who are at least 18 years old (or 19 in certain states) and for use virtually anywhere Visa Cards are accepted, subject to verification.

BBVA Compass does not charge a fee for reloads at a BBVA Compass branch, through a BBVA Compass debit card or through ACH/Direct deposit. Visa ReadyLink® merchants may charge a fee for this service. Please refer to Schedule of Fees in your Terms and Conditions for full information

A supported mobile device is needed to use the ClearSpend Mobile App. Certain other restrictions apply. Please refer to the ClearSpend Mobile App Terms of Use for full information. Third party message and data rates may apply.

BBVA Compass will not charge a fee for the first withdrawal from an ATM each month, regardless of whether that withdrawal occurs at a domestic or foreign ATM. However, ATM charges may apply from other banks in which BBVA Compass is not responsible for those fees charged. Please refer to the Terms and Conditions for full information.

All users of our online services are subject to the  Online Privacy Policy.

Links to third party sites are provided for your convenience. These sites are not within our control and may not have the same privacy, security or accessibility standards. Third parties are completely and solely responsible for the content and availability of their sites.

Visa® 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.

Visa and Visa Readylink are registered trademarks of Visa International Service Association and used under license. Paypal® and Venmo® are registered trademarks of Paypal, Inc. Popmoney® is a registered trademark of Fiserv, Inc.