BBVA Business Money Market Relationship Pricing Disclosure

Effective as of November 20, 2020, Relationship Pricing will be applied to your account once your account is eligible for the initial Relationship Review. This additional information about Relationship Pricing is specific for BBVA Business Money Market product.

Your relationship with BBVA will be reviewed at the end of each calendar month* for the application of Relationship Pricing. The interest rate and Annual Percentage Yield (APY) applied to your account will be determined based on the Relationship Base Rate Chart, the Total Deposit Balance Rate Component chart and the Additional Relationship Rate Component chart (your “Relationship Rate”). Your Relationship Rate will be determined by adding the applicable Relationship Base Rate and the Rate Components together.  Please see the Business Relationship Review disclosure below for more information.

Each Annual Percentage Yield in the chart below (APY) is current as of November 20, 2020.  APY and interest rates are variable and subject to change at any time at our discretion.  We may change any Rate Component at any time, which means your interest rate and APY may change.  To obtain current rate information, call 1-844-BBVA USA, go to a local BBVA branch or visit bbvausa.com.

Relationship Base Rate Chart

 

Business Relationship Pricing Components:

Total Deposit Balance Rate Component*: Your Total Deposit Balance is determined by adding the Posted Balance in your business checking, business savings, business money market and CD accounts with the Bank at the time of relationship review.  Accounts and relationships will be reviewed at the end of each calendar month.  See Relationship Review disclosure below for additional information.

 

Additional Relationship Rate Component*: Relationships eligible for the Additional Relationship Rate Component include:

  • Business Checking Account Component: If you have a BBVA business checking account with a minimum end of month Posted Balance of at least $25,000.00.   
  • Qualifying Business Lending Component: If you have one or more active Business loans or Business lines of credit with a total end of month outstanding balance of at least $25,000.00. Not all loans qualify; please see Qualifying Loans disclosure below.

Accounts and relationships will be reviewed at the end of each calendar month.  See the Relationship Review disclosure below.


*Relationship Review: Accounts and balances are reviewed on the last calendar day of each month to determine your Total 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 be reviewed at the end of the promotional period based on your relationship at the end of the most recent month. If your promotional period ends on or after the 20th of the month you will be evaluated in the following month.  Note:  Accounts opened through a third party but held at BBVA USA (e.g. Azlo accounts) will not be included in the relationship review.  

Qualifying Business Loans: Qualifying loans are business loans and business lines of credit, except for overdraft protection lines of credit (ODP LOC), Commercial Agriculture Loans, and Business Letters of Credit which are excluded from the relationship pricing calculator. Additionally, business credit cards might take up to 90 days to be evaluated for Relationship Pricing, however, no retroactive interest will be credited or applied for Business Credit Cards.

 

Rev.  11/2020