Easy Checking Account

Transcription

1 Easy Checking Account Account Disclosure - Texas Minimum Deposit Needed to Open Account $25 Monthly Service Charge (Monthly Fee) $13.95 Interest-Bearing NO $0 For using an ATM in BBVA Compass' ATM network ATM Fees Charged by BBVA Compass $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 Fee $15 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 Fee $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 Fee $25 If account closed within 180 days of opening Other Service Fees Please consult your account disclosure for a list of additional service fees, including the Paper Statement Fee

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 Fee ( Transfer Fee) $12 Per day in which an overdraft is covered by a transfer from a linked savings account OVERDRAFT OPTIONS FOR CONSUMERS WITH DEBIT CARDS Option C: Courtesy Option Insufficient Funds Charge - Paid Item Fee ( Penalty Fee) Maximum Number of Penalty and NSF Fees per Day Minimum Amount Required to Trigger an Penalty Fee $38 6 Per overdraft item covered by the bank Insufficient Funds (NSF) Charge Paid Item Fee 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 that causes the available balance on your account to be overdrawn by more than $1.00 will cause you to incur an overdraft penalty fee. Extended Service Charge (Extended Penalty Fee) $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.

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 Monthly Service Charge $13.95 Statement Cycle Monthly Paper Statement Fee $3 per statement cycle ACCOUNT OPENING AND MAINTENANCE The Paper Statement Fee will be assessed in the following statement cycle. For example, the Paper Statement Fee for the January statement will be assessed in February and will appear on the February statement. How to Avoid the Paper Statement Fee You can avoid the Paper Statement Fee by turning off your paper statements and receiving your account statements electronically through Online Banking. Early Account Closing Fee $25 The Early Account Closing Fee is assessed when a new account is closed within 180 days of opening.

4 EASY CHECKING ACCOUNT UPGRADE BENEFIT Once an account has been open for 12 months, and upon request by an account holder, a BBVA Compass Easy Checking account can be upgraded to another BBVA Compass consumer checking account if the following requirements are satisfied at the time of the upgrade request: (1) the BBVA Compass Easy Checking account is in active status; and (2) the BBVA Compass Easy Checking account has a positive balance. Upgrade requests can be done at a BBVA Compass banking branch or by calling COMPASS. Fee to Use BBVA Compass ATMs $0 for using BBVA Compass ATM to complete any transaction. BBVA Compass Fee to Use another Bank's ATMs $3 per transaction + + ATM and/or service fees charged by other banks and ATM owners still apply. ATM International Service Fee (ATM) 1% of transaction amount International Service Fee (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. Insufficient Funds Charge (NSF) - Paid Item $38 per item* Insufficient Funds Charge (NSF) - Returned Item $38 per item *Insufficient Funds (NSF) Charge Paid Item Fee 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 Fee $12 per day on which any such transfer occurs. Transfers funds from customer designated account to cover potential overdrafts in checking account. STOP PAYMENT Stop Payment Request (Branch/Phone) Stop Payment Request (Online Banking)(checks only) $32 per request $25 per request

5 DEPOSIT Deposit Item Returned Deposit Item Returned (Foreign) $15per item $25 per item DEBITCARD Personalized Debit Card Fee Replacement Card Fee $10 for each Personalized Debit Card $5 ($10 for personalized Debit Card) Rush Replacement Card Fee $50 Statement Upgrade Fee (Image Statement Fee) $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) $30. WIRE TRANSFER (ALL ARE PER TRANSFER) - Outgoing Repetitive (Customer) $25 International: - Incoming (Customer) $15 - Outgoing (Customer) $45 Confirmation: - Fax/ $3 - Mail/Phone $5

6 Cash Handling Fees: - 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): MISCELLANEOUS - Incoming $20 - Outgoing $20 - Non-Customer $25 - Bond Coupon $5 - International $20 plus costs Deposit Fees: - Deposit Correction Fee $2.50 per item - Deposits to Closed Accounts $25.00 per deposit Legal Fees: - Garnishments, Levies, Court Orders $150 plus attorney fees Reconcilement/Research Fees: - Reconcile Statement $25 per hour - Research $25 per hour - Copy of Fax $3 per page TELEPHONE BANKING Staff-Assisted Call (over 5/month) Telephone Transfer Fee $1 per call over 5 in a month $3 per transfer

7 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 Fees 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. 07/ 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.