BBVA Money Market

Account Disclosure - California

Review Account Disclosures for a different state:
Account Opening and Usage
Minimum Deposit Needed to Open Account $25  
Monthly Service Charge (Monthly Fee) $15  
Ways to avoid monthly Service Charge  
  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 checking account to your savings account when the Service Charge would be assessed.
Does the account earn interest? Yes

Interest is earned on the entire account balance. For additional interest rate and interest calculation information, see the account disclosures and Relationship Summary Form.

How often will statement be available? Monthly  
Excess Transaction Fee $10

Charged for each withdrawal over 6 per statement cycle

Insufficient (NSF) Funds Charge- Paid Item $32

For each paid item presented against insufficient funds

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.

Insufficient (NSF) Funds Charge- Returned Item $32

For each returned item presented against insufficient funds

Deposit Item Returned Fee $15 For each item that you deposit that is rejected by the payor bank ($25 for foreign items)
Stop Payment Fee $30 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
Transaction Limits

Certain withdrawal transactions from savings and money market accounts may result in the account being reclassified as non-interest bearing if limits are exceeded. The following withdrawal transaction types are limited to six (6) per month: transfers to another deposit account with BBVA or to a third party by means of a pre-authorized agreement, telephonic request, check, debit card, draft or similar order (including Online Banking transfers and sweep transfers from a savings or money market account). There is no limit on the number of withdrawal transactions from such accounts when made in person at a BBVA banking office or at an automated teller machine. Withdrawal transactions of any type in excess of the Excess Transaction Fee limit will be subject to a fee.

Processing Policies
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.

Summary of Our Deposit Hold Policy
This is a summary and generally applies when deposit amount is less than $5,525 - 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 $225 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

Relationship Base Rate Chart:

If you are a Wealth customer with a Private Banker or an International Relationship Manager, please use the Wealth Relationship Base Rate Chart below. Your Relationship Rate will be determined by adding the applicable Wealth Relationship Base Rate and the Rate Components together. Please see Relationship Review disclosure below for more information.

Wealth Relationship Base Rate Chart (Wealth Customer Only):


Relationship Pricing Components

Applicable Fees and Service Charges

Your account will be subject to the terms and conditions, including all fees and service charges, applicable to BBVA USA 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 California.

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.


Additional Details about Relationship Pricing

Relationship Review: Accounts and balances are reviewed on the last calendar day of each month to determine your Total Deposit Balance Rate Component and Additional Relationship Rate Component. Any Relationship Rate changes will be made on the 20th calendar day after your relationship is reviewed.  When the 20th day falls on a non-Business Day, changes to your Relationship Rate will be made on the next Business Day.  For accounts opened without a promotional rate, your relationship will be reviewed at the end of the calendar month that your account is opened.  For accounts opened with a promotional rate, your relationship will initially be reviewed at the end of the promotional period (based on your relationship at the end of the most recent evaluation month) and then at the end of each calendar month thereafter. Note: Balances held in IRA accounts will not be included in the relationship review.

Joint Accounts: For money market accounts with multiple account holders (joint accounts), accounts that include at least the same account holders as the money market account will be included in the Total Deposit Balance Rate Component and Additional Relationship Rate Component. For example, Customer X and Customer Y are account holders on the money market account. Customer X has a checking account with the bank, but he is the sole account holder. Customer Y has a savings account with the bank but he is the sole account holder. Customer X and Y have a CD account where they are joint account holders. The CD account balance would be included in the rate calculation. The checking account balance and the savings account balance would not be included. All account holders of the money market account must also be an account holder of the other deposit/loan accounts in order for the balance to be included in the rate calculation.

Qualifying Direct Deposit: A qualifying direct deposit is a recurring paycheck, pension or government benefits (such as Social Security) deposit from your employer or the government into a checking, savings or money market account at the bank. The following deposits are not qualifying direct deposits: interest payments or transfers from your investment accounts; payments received from payment apps such as PayPal, Venmo and other similar payment service providers; tax refunds or other one time payments from the government.

Qualifying Loans: Qualifying loans are consumer loans and consumer lines of credit, except for overdraft protection lines of credit (ODP LOC).


NMLS # 402936

Rev. 7/2021