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Last Updated: 04/18/2025

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BBVA Money Market Account

in Money Market Accounts from BBVA

Last Updated: 04/18/2025

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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 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

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). 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.

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.

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.

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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.

Contact

Headquarters

5 20th St S
Suite 1501
Birmingham, AL 35233
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