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finder.com’s rating: 4.2 / 5.0
★★★★★
With the BBVA Online Checking account, you’ll have instant access to your money through mobile banking and at more than 64,000 ATMs. You could also earn cashback rewards at your choice of retailers, but you’ll pay a monthly fee for paper statements unless you adjust your account settings.
$0 per month
Fee
N/A
APY
$25
Minimum deposit to open
APY | N/A |
---|---|
Fee | $0 per month |
Minimum deposit to open | $25 |
ATMs | No ATM fees nationwide at more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs |
ATM transaction fee | $0 |
Out-of-network ATM fee | $3 |
Foreign transaction fee | 3% |
Overdraft fee | $38 |
Nonsufficient funds fee | $38 |
New account fee | $0 |
Review by
Peter Carleton is a writer that covers banking and investing, breaking down what you need to know about where you put your money. When Peter's not thinking about cutting-edge banking apps and robo-advisors, he runs a creative agency and spends his spare time cooking or reading.
BBVA Online Checking account is best for those looking to manage their finances without going to a branch. This account offers cashback rewards and convenient access to more than 64,000 ATMs across the US and around the world.
However, BBVA only has branches in a handful of states, and you’ll have to pay a fee for paper statements unless you choose to opt-out.
This account is only available online, but it’s easy to get started:
To open this account, you’ll need to meet a few eligibility requirements:
To apply you’ll need to provide the following information:
We’ve gathered a quick comparison of BBVA Online Checking and similar accounts to help you decide which is the best fit for you. Click “Compare accounts” to compare even more checking accounts.
BBVA Online Checking
★★★★★
Go to site |
---|
Fee $0 per month |
APY N/A |
Minimum deposit to open $25 |
ATM network No ATM fees nationwide at more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs |
HSBC Premier Checking
★★★★★
Go to site |
---|
Fee $50 per month |
APY 0.01% on balances of $5+ |
Minimum deposit to open $1 |
ATM network Free to use at all ATMs in the US |
Chime Spending account
★★★★★
Go to site |
---|
Fee $0 per month |
APY N/A |
Minimum deposit to open $0 |
ATM network 38,000 fee-free ATMs nationwide |
Compare even more checking accounts
This account comes with a Visa debit card that lets you make purchases nearly everywhere. Plus, you’ll get access to 64,000 ATMs nationwide and around the world.
The BBVA Online Checking Account is a great way to manage your money, but there are a few things you should watch out for:
If you prefer to do your banking in person or want more out of your account, you’ll want to keep looking. As always, compare your options when choosing a checking account.
If the BBVA Online Checking account isn’t right for you, the bank also offers a few other options:
In January 2021, Simple Bank announced it would be shutting down and transitioning its customers to BBVA Bank. Details about the transition have yet to be announced, but based on our interactions with BBVA support specialists, it seems likely that Simple Checking accounts are going to turn into BBVA Online Checking accounts. If this turns out to be the case, it will be a mixed bag for Simple customers.
The BBVA Online Checking account comes with a significantly larger ATM network than Simple offers, but BBVA charges several fees that Simple never did. If you’re a current customer of Simple Bank, keep an eye on your inbox for details about the transition, which will be taking place in Spring 2021.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.