BBVA Compass ClearChoice Free Checking

Transcription

1 BBVA Compass ClearChoice Free Checking Account Disclosure - Alabama Minimum Deposit Needed to Open Account $25 Monthly Service Charge (Monthly ) $0 Requirements to Waive Monthly Service Charge N /A Interest-Bearing NO ATM s Charged by BBVA Compass $0 For using an ATM in BBVA Compass' ATM network $3 For using an ATM outside of BBVA Compass' ATM network ACCOUNT OPENING AND USAGE Insufficient Funds (NSF) Charge - Returned Item $38 Deposit Item Returned $12 Per returned item presented against insufficient funds (see maximum penalty fee number below) For each item that you deposit that is rejected by the payor bank ($25 for foreign items) Stop Payment $32 Per request made in a branch or by telephone to stop payment of an item $25 Per request made online to stop payment on a check Early Account Closing $0 If account closed within 180 days of opening Dormant Account $5 Per statement cycle Other Service s Please consult your account disclosure for a list of additional service fees

2 Option A: (Default) No Service If you choose not to opt in to our Courtesy Option service or any other overdraft service, ATM and everyday debit card transactions that would cause an overdraft may be declined at no cost to you. Option B: Linked Account Sweep Service Inter- Account Transfer ( Transfer ) $12 Per day in which an overdraft is covered by a transfer from a linked savings account Option C: Line of Credit* Protection ( Transfer ) $12 Per day in which an overdraft is covered by a transfer from a linked line of credit (subject to approval, including credit approval) OVERDRAFT OPTIONS FOR CONSUMERS WITH DEBIT CARDS Option D: Courtesy Option Insufficient Funds Charge - Paid Item ( Penalty ) Maximum Number of Penalty and NSF s per Day Minimum Amount Required to Trigger an Penalty $38 6 More than $1.00 Per overdraft item covered by the bank Insufficient Funds (NSF) Charge Paid Item is not charged on an item that causes the available balance on your account to be overdrawn by $1.00 or less. You will only be charged this number of overdraft penalty and NSF fees per day, even if we elect to cover additional overdrafts or return additional items. An overdraft item of more than $1.00 that is covered by the bank will cause you to incur an overdraft penalty fee. Extended Service Charge (Extended Penalty ) $25 Charged when your account remains overdrawn by more than $1.00 for ten (10) consecutive calendar days. An additional $25 Extended Service Charge will be charged if your account remains overdrawn by more than $1.00 for twenty (20) consecutive calendar days. * An APR of 21% applies to the Protection Line of Credit. Having an Protection Line of Credit does not guarantee you against paying NSF fees; your line of credit may not be sufficient to cover all transactions.

3 Posting Order The order in which withdrawals and deposits are processed We process and post transactions - both credits (including deposits) and debits - throughout the day. This approach allows us to more closely match the posting of transactions on your account with the timing of your actual account activity. Note: Deposits received and posted late in the day will not cover payments and withdrawals posted earlier the same day. PROCESSING POLICIES Summary of Our Deposit Hold Policy This is a summary and generally applies when deposit amount is less than $5,000 - absent a deposit hold. See the Consumer Deposit Account Agreement, Funds Availability Disclosure, for a detailed description of our deposit hold policy. Cash deposit with teller or at ATM - Same business day as the day of deposit Direct Deposit/wire transfer - Same business day as the day of deposit Check deposit with teller or at ATM - same business day as the day of deposit If something causes a longer hold on a deposit listed above, the first $200 of that deposit will generally be made available the same business day as the day of deposit Mobile Deposit - Within 5 business days or less. Date displayed in mobile application. A "business day" is a non-holiday weekday. At branches, business days end at closing time. At ATMs, business days end no earlier than 8:30 p.m. DISPUTE RESOLUTION Dispute Resolution Agreement If a dispute arises between us, either party may require that it be resolved through arbitration, rather than through jury trial. Please see the arbitration and waiver of jury trial provisions in your Consumer Deposit Account Agreement for additional details. Full Terms & Conditions Minimum Opening Deposit $25 ACCOUNT OPENING AND MAINTENANCE Monthly Service Charge $0 Statement Cycle Monthly Paper Statement No additional charge Dormant Account $5 per statement cycle As a BBVA Compass ClearChoice Free Checking accountholder, you can customize your account by adding Custom Features based on your personal financial needs. Each Custom Feature is available for an additional fee per Custom Feature per statement cycle. The Custom Features terms and applicable fees are listed below.

4 ATM Transactions 1 No BBVA Compass fee for using another bank's ATM and up to four automatic rebates of ATM fees charged by other banks - maximum of four rebates per statement cycle. $5 per statement cycle CUSTOM FEATURES Check Supply 1 Cashier's Checks 1 Unlimited Supply of Standard Checks and 50% off other styles of your choice. Unlimited Cashier's Checks. $2 per statement cycle $2 per statement cycle Safe Deposit Box 2 3 X 5 Safe Deposit Box. $3 per statement cycle 1 ATM Transactions, Check Supply and Cashier s Checks: These features can be selected and de-selected at a BBVA Compass Banking Center or by calling Compass. Selections are effective immediately. Feature cannot be de-selected for minimum of six (6) months from date of selection (for example, if a Custom Feature is selected on January 15, 2017, it can not be de-selected until July 15, 2017). The applicable Custom Feature fee will be assessed beginning with the first statement cycle that the feature is selected and ending when the feature is de-selected. 2 Safe Deposit Box: Subject to availability. The Safe Deposit Box Custom Feature may be selected and de-selected only at the BBVA Compass Banking Center where the Safe Deposit Box is located. The Safe Deposit Box associated with the Safe Deposit Box must be auto debited from the BBVA Compass ClearChoice Checking account. If the BBVA Compass ClearChoice Checking account is closed, or if the Safe Deposit Box is no longer auto debited from the BBVA Compass ClearChoice Checking account, the rate associated with the Custom Feature will no longer be applicable for the Safe Deposit Box. Safe Deposit Box must either be closed or a new Safe Deposit Box lease agreement must be entered into at the BBVA Compass Banking Center where the Safe Deposit Box is located. to Use BBVA Compass ATMs $0 for using BBVA Compass ATM to complete any transaction. BBVA Compass to Use another Bank's ATMs $3 per transaction + + ATM and/or service fees charged by other banks and ATM owners still may also apply ATM International Service (ATM) 1% of transaction amount International Service (non-atm) 3% of transaction amount International Transactions are those transactions using your ATM or Check Card made outside of the United States, even those in US dollars. A full description of the currency conversion process is contained in your ATM/Check Card Agreement.

5 Insufficient Funds Charge (NSF) - Paid Item $38 per item* Insufficient Funds Charge (NSF) - Returned Item $38 per item *Insufficient Funds (NSF) Charge Paid Item is not charged on an item that causes the available balance on your account to be overdrawn by $1.00 or less. OVERDRAFT / INSUFFICIENT FUNDS The NSF charges described above are applied for processing items presented for payment against insufficient funds (NSF) with a maximum of six (6) charges per day. These charges are imposed on items created by check, inperson withdrawal, ATM withdrawal, Check Card transaction, or other electronic means. Extended Service Charge $25 per occurrence. Charged when your account remains overdrawn by more than $1.00 for ten (10) consecutive calendar days. An additional $25 Extended Service Charge will be charged if your account remains overdrawn by more than $1.00 for twenty (20) consecutive calendar days. Inter- Account Transfer $12 per day on which any such transfer occurs. Transfers funds from customer designated account to cover potential overdrafts in checking account. Protection $12 per day in which an overdraft is covered by a transfer from a linked line of credit (subject to approval, including credit approval) An APR of 21% applies to the Protection Line of Credit. Having an Protection Line of Credit does not guarantee you against paying NSF fees; your line of credit may not be sufficient to cover all transactions. STOP PAYMENT Stop Payment Request (Branch/Phone) Stop Payment Request (Online Banking)(checks only) $32 per request $25 per request DEPOSIT Deposit Item Returned Deposit Item Returned (Foreign) Deposit Item Re-run $12 per item $25 per item $7 per item

6 Personalized Check Card 1 Personalized Check Card per accountholder at no additional charge; $10 for each additional Personalized Check Card CHECK CARD Replacement Card $5 ($10 for Personalized Check Card) Rush Replacement Card $50 Statement Upgrade (Image Statement ) $5 per statement cycle OTHER STATEMENT Special Statement $5 per statement cycle A special statement may include, but not be exclusive to the following: daily statements, duplicate statements, hold statements and statement printouts. Domestic: - Incoming (Customer) $15 - Outgoing (Customer) $25 - Outgoing Repetitive (Customer) $23 WIRE TRANSFER (ALL ARE PER TRANSFER) - Outgoing (Non-Customer) $40 International: - Incoming (Customer) $15 - Outgoing (Customer) $45 Confirmation: - Fax/ $3 - Mail/Phone $5

7 Cash Handling s: - Rolled Coin $0.10 per roll - Strapped Currency $0.20 per strap - Bank Bags (Zipper) $5 per bag - Bank Bags (Locked) $20 per bag Check Charges: - Temporary Checks $1 each - Personal Checks Personalized check order charges, including tax and shipping and handling, are debited from your account when your order is placed. Check order charges vary. - Cashier's Checks $10each Collection Items (all fees are per item): - Incoming $20 MISCELLANEOUS - Outgoing $20 - Non-Customer $25 - Bond Coupon $5 - International $20 plus costs Deposit s: - Deposit Correction $2.50 per item - Deposits to Closed Accounts $25.00 per deposit Legal s: - Garnishments, Levies, Court Orders $150 plus attorney fees Reconcilement/Research s: - Reconcile Statement $25 per hour - Research $25 per hour - Copy of Fax $3 per page

8 TELEPHONE BANKING Staff-Assisted Call (over 5/month) Telephone Transfer $1 per call over 5 in a month $3 per transfer ONLINE AND MOBILE BANKING Online Banking Online and Mobile Bill Pay Mobile Banking No additional charge No additional charge No additional charge Message and data rates may apply - check with your wireless provider. Applicable s and Service Charges Your account will be subject to the terms and conditions, including all fees and service charges, applicable to BBVA Compass accounts in the state where we maintain your account. For purposes of this disclosure, your account will be deemed to be maintained in the state where you opened your account. Your account is considered to have been opened: if you opened your account by mail, at the location where the mail was received by us; or if you opened your account electronically (including by telephone) and your address is in a state where we have branch offices, in the state of your address at the time you opened your account; or if otherwise, in Alabama. For additional terms governing your account, please consult the Consumer Deposit Account Agreement. NOTE: The above-noted fees and service charges are not set bank-wide. These prices are driven by the competition in your local market. Rev. 12/ BBVA Compass Bancshares, Inc. Compass Bank is a Member FDIC and an Equal Housing Lender. BBVA Compass is a trade name of Compass Bank, a member of the BBVA Group.