Now is the time to save. Here's how.

For every need, there’s a savings solution

Because of stimulus payments and tax season, we’re all a little more aware of our finances. For you, maybe that means saving your tax refund for a rainy day. Or, maybe it means getting the most out of the money you already have. Whatever your goal, you’ve got options. We’ve created this quick savings guide to help get you started.

Essentially, saving can be divided into four banking categories, each with its own advantages and things you should know. This savings guide will help you quickly understand the basics.

Savings Accounts

A savings account is the starting point for all your savings accomplishments. Need a secure place to keep money for unexpected expenses? It begins with an FDIC insured savings account. Need a way to put a little aside every month for future purchases? Savings is your friend because it also lets you earn interest on your money. A savings account lets you access your money, with up to 4 withdrawals per statement cycle fee free.

Money Market Accounts

A Money Market Account is similar to a savings account but with higher interest earning potential. You can access your money, with up to 6 withdrawals per month fee free. After the sixth, a fee is charged for each withdrawal. The higher interest earning potential of these accounts depends on having a bigger account balance. If that's ok with you, then a Money Market Account may be the right choice.

Certificates of Deposit (CDs)

Next on your list of savings options is the CD. It offers even higher interest earning potential than Money Market Accounts. CDs are a popular choice as long as you are comfortable with having no access to your money for a given period of time (also known as a term). Through Online Account Origination, BBVA offers 11-, 12-, 18-, and 36-month terms to help better meet your savings timeline.  


Investing can have the highest return but can seem intimidating. It doesn’t have to be that way. We can help by connecting you with Financial Consultants who will guide you to the right investment solution. With BBVA, you can choose your level of involvement in the investing process, from full service to hands on. Jump start your knowledge with some
investment fundamentals.


Get expert advice at a branch

BBVA provides expert knowledge on a range of needs, including your savings goals.

Saving is just one part of a successful financial plan. There are other things you can do as well. We want you to be as prepared as possible, so we’ve also included some helpful articles to help you reach your goals.

Details you need to make a smart decision

Accounts subject to approval. $25 minimum opening deposit required for savings and money market accounts. $500 minimum opening deposit required for CD accounts. Please refer to the terms & conditions and account disclosures for each product and service for additional details. Additional terms and miscellaneous fees may apply. Products, features and benefits offered with accounts are subject to change at any time.