We work hard to present you with accurate savings account information on this page. However, this information does not originate from us and therefore we cannot guarantee its accuracy. You can check the details page of each offer for the date the information was last updated on WalletHub. In addition, keep in mind that actual rates and other information may vary for a number of reasons including the applicants' creditworthiness and differences between an individual's situation and the criteria/assumptions used to generate the information displayed. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
Ad Disclosure: Offers originating from paying advertisers are noted as "Sponsored" on the offer's details page. Advertising may impact how and where offers appear on this site (including, for example, the order in which they appear). At WalletHub we try to list as many savings account offers as possible but we don't make any representation of listing all available offers.
Irrespective of whether an offering institution is a paid advertiser, the presence of offer information on WalletHub does not constitute a referral or endorsement of the institution by us or vice versa. Furthermore, non-sponsored offers have not been reviewed or approved by the offering institution. Information is displayed first and foremost to help consumers make better decisions.
THE WORST SCAM EVER. After a teaser rate on CD or Money Market, it all goes down to 0.1%, and they don't give option not to renew. If you don't watch the rate everyday, and need to withdraw from CD, they charge 1% plus $25. I am about to go close the account and pay over $1,500, but better off leaving a cent at this bank to go negative with all penalties and fees.
I will never do business with Compass Bank ever again.
Wait till you try to get your money when your CD matures. O, they'll let you apply for & fund a CD on line, but just wait till it matures & you try to get your money out. Their rates suck so bad right now that nobody in their right mind would open a CD with them at this time, but I opened a 5 year CD with them (5 years ago) and it just matured on 12/31/17, and you would think I was the worst customer ever because I now want to transfer my money into a bank that is paying 5 times the interest they are. I was on the phone with them several times before it matured explaining to them that I was going to be withdrawing the money as soon as it matured. Well, when it matured, and then they renewed the CD against my will at .50%. They won't let me electronically transfer the money out of their bank and they wont transfer the money for me, and the nearest branch to me is an 80 mile round trip. Their call back service hung up on me twice and when I did finally get thru to someone, they transferred me all around and then hung up on me again and I still never got my money transferred, so I sent them a message thru their secure message center requesting the money to be transferred so I have something in writing within the 10 day grace period proving that I contacted them and requested the money be transferred so that I don't get hit with a $25 fee for closing a CD early that I never requested to be renewed in the first place. At this time, you can get a 5 year CD rate of 2.50% (see ratebrain.com). A Discover Bank Savings Account is currently paying 1.3% and your money stays liquid, and Compass wants to pay .50% for a 5 year CD. There's a no brainer. My secure message was suppose to be answered within 48 hours and I am now at 72 hours with no response. They can expect a lawsuit real soon.…show more
Opened an online Clearchoice Money Market account because of the high interest rate. Two weeks later I tried to set up a transfer from a Wells Fargo checking account into the Compass MMA. No luck. Called the online banking number and was told transfers into or out of the MMA from an external bank are not possible. So how do I access the account? Was told I could mail them a check to make a deposit & would have to find a branch to make a withdrawal. How can this be "online" banking?? And if I close the account within 6 months, they charge a $25 fee. Absolutely horrible customer service!!!…show more
The worst. Been with them for over 20 years, but over the past year have gone way down hill. Online app is horrible, impossible to use, not intuitive. Constantly has errors and boots you out. Mobile app is horrible. Final straw was a mobile app deposit that they changed from $5300 (I got the confirmation) to $530 after the fact, AND NEVER NOTIFIED ME!!! And had the audacity to tell me that I really should have noticed this discrepancy....as if it was my fault! Customer service reps are horrible, speak broken English and have no idea how to do anything. You'll spend 45 min on the phone every time you have to call.…show more
I applied for a MM account online for a promotional rate of 1.1%. They replied to the application stating that they could not verify my identity and asked me to go to one of their branch offices. After they verified the identity and the Branch office they told me they could not honor the promotional rate because I was not applying online and offered me a B.S. rate of 0.1% instead of the advertised 1.1%. This is clearly a scam to lure customers to their branch, they never intended to honor the promotional rate. If this is the way this bank conduct business you better stay away from it. This is the worst bank experience I had in many years dealing with online banks. They should get zero starts in the review.…show more
I have been a long-time customer of BBVA Compass for over 6 years now. I first applied when I was 18 years old, and their staff worked closely with me to help setup the account as well as made sure I understood the terms and conditions of service. I previously held an account with Amegy Bank who provided terrible service and charged several fees that I was unaware of, which is why I was a bit wary of moving to a new bank. The times I had been charged for withdrawing too many times from my savings account, BBVA Compass worked with me to waive the fees and they were extremely friendly about it. Any bank transfers to my ClearChoice savings account are usually quick and speedy. Mobile deposits to my savings account using their app also makes banking with Compass a breeze. While they no longer offer yearly rewards and member benefits since the recession in 2011, they have never failed to provide excellent customer service in helping me resolve any issues with my savings account. I highly recommend BBVA Compass, especially if you are a student or if you are opening your first savings account.…show more
This really is a no-frills savings account. I have always enjoyed that they do not require me to keep a minimum balance requirement and I get this account automatically because I have a checking account with BBVA. I wish the interest rate had a better return and it was higher, but for something I only keep a few hundred dollars in, it does the job. Fees are pretty much non-existent with this account and fees are primarily attached to my checking account. The online features BBVA has are very easy to use and to transfer money between my checking and savings account. While I recommend the savings account, be ready to have minimal features and just a standard savings account.…show more
I fully enjoy my interactions with BBVA Compass bank. The tellers and account managers at the Tillman's Corner branch location in Alabama are amazing. They are friendly and always willing to help with any questions I've had in applying for and choosing the best savings options. I will be doing all of my banking at this location in the future.
I have had my savings account with BBVA for over 5 years now. Their customer service has always been extremely helpful and timely. I have had many offers to transfer my account elsewhere but always decline due to the high level of satisfaction I have received from this great bank! BBVA is very forgiving when "life" situations happen such as minor over-drafts etc. These kinds of things happen for one reason or another and Compass has always helped me through them.…show more
I've had a couple of accounts with BBVA Compass when my wallet got stolen and both of them were compromised. When I reported the incident, the bank immediately froze my accounts. When the personal banker at my branch was getting ready to open a new checking and savings account for me, I was pleasantly surprised at the amount of research she'd done regarding my previous accounts and what my financial goals are. She was then able to put my money in a savings account that would maximize my profit based on my needs.…show more
In the event that in a given week, for this product, there were multiple applicable rates in our database based on different criteria, the above graph reflects the lowest interest rate recorded. Before submitting an application, always verify with the issuing institution (i.e. bank, credit union, other lender) the rates, fees, and all terms and conditions accompanying the application.