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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.01% - 0.05%(Verified 06/21/2024)
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Minimum Balance to Earn APY
$25
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Minimum Opening Deposit
Starting at $25
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BBVA Money Market Account Review
BBVA Money Market Account is no longer available to new customers on SuperMoney. Click here to compare and quickly find the best options for your needs. |
BBVA Money Market Account is offered by BBVA, a bank founded in 1964 and based in Birmingham, AL. BBVA money market are available in 48 states and Washington, DC.
Key Takeaways
- Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.05.
- Charges a monthly fee. This account charges a monthly fee of up to $15, but the fee may be waived if you keep a minimum balance of$10,000.
- Small minimum initial deposit. You only need $25 to open an account.
Pros & Cons of BBVA Money Market Account
| Pros | Cons |
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BBVA Money Market Account FAQ
Are money market accounts from BBVA savings accounts federally insured?
Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC #19048). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What are the interest rates for BBVA money market rates?
BBVA money market offers an APY starting at 0.01% and ranging up to 0.05% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $25.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.01% - 0.05% |
What are the fees for BBVA Money Market Account?
This account charges a monthly maintenance fee of up to $15. You can avoid this fee by maintaining a balance of $10,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Fee | $0 - $15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statement Fee | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for BBVA money market?
Minimum deposit of $25. You must make an initial deposit of at least $25 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $10,000.
Interest rate minimum balance of $25. You must keep the account balance above $25 to earn interest.
What features and perks does BBVA money market offer?
This account includes the following features:
- Check Writing - BBVA money market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
- Fraud monitoring - BBVA monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - BBVA money market allows you to manage your money through online banking and a dedicated mobile app.
What is the customer service phone number?
The customer service number for this account is .
What is the support contact email?
The support contact email for this business credit card is abuse@bbvausa.com.
How to open an account with BBVA
- Visit the BBVA website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
BBVA Money Market Account Disclosure: To avoid the monthly fee,:
(1) Daily Collected Balance of at least $10,000 in this account; or
(2) Have an automatic, recurring monthly transfer of at least $25 from a BBVA Compass checking account to your savings account when the Service Charge would be assessed.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Other Services by BBVA
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BBVA Money Market Account Community Reviews
Would you recommend BBVA Money Market Account to your friends?
Anthony C.
Jan 24, 2021
May or may not recommend
BBVA makes things simple by allowing you to get in the game with just a $25 deposit versus the typical 1K at most other places. I like the fact that I earn a higher APY here at 0.6% and your money can grow while you work . They also offer great customer service with frequent email alerts to help you keep track off your money.
Sharon S.
Jan 20, 2020
May or may not recommend
They were very difficult to work with. Most importantly, they would NOT let us withdraw more than $10,000 from our account in a month. They would let us move money INTO their BBVA money market via EFT, BUT, we were not able to EFT money out of the account into the same account that it had originally come from . They will take your money, but it was extremely ...Show More
Showing 2 of 2 reviews
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