Free checking is available to customers in Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas. The premium checking and online checking accounts are available in all states except Alaska and Hawaii.
The free checking account option doesn’t charge a fee and can be opened with just $25. Customers can pay a few extra bucks a month for additional features, such as standard checks, cashier’s checks and a safe deposit box. Free checking account holders get free access to BBVA USA ATMs.
Similarly, BBVA customers can open an online checking account with at least a $25 minimum opening deposit. There is no monthly service charge on the online checking account. Online checking account holders get free access to more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs.
The premium checking account offers a small APY on all balances. In addition, it has a low minimum opening deposit of $25 and offers two automatic rebates of ATM fees each month when you use another bank’s ATM. Premium checking account customers also have access to BBVA, Allpoint and participating 7-Eleven ATMs. The premium checking account requires either an average daily collected balance of $4,000 or more or at least $4,000 of qualifying monthly direct deposits in order to waive the $19 monthly service charge.
BBVA offers a no-frills free checking account.
There's no monthly service charge for free checking or online checking.
Online and premium checking account holders have free access to thousands of ATMs.
Premium account holders must maintain a sizable balance to avoid the monthly fee.
Only the premium account is interest-bearing, and the APY is meager.