MyBankTracker rated BBVA Compass Bank based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank.
I initially went with BBVA because the rates are great, but have since cancelled my application to go with another lender. The customer service was horrid. I had submitted most of my information and could not get a rate lock for several days. With the competing lender, I received a rate lock just as good as BBVA within 30 minutes.
The rate lock was not the only issue. On several occasions my contact told me he would return my call/complete some task that needed to be done, but not once did he follow through. These tasks included notifying the seller's agent that I had applied for the loan (as need per the contract) and issuing a pre-approval letter rather than a pre-qual letter. I could not even get BBVA to issue a pre-qual letter to me for an exact amount I requested, even after they had issued one for a higher amount!
Went to deposit cash in the ATM after hours. The atm would not allow me to do so. it was grayed out. I called customer service to find the next closest bank as I don't have internet/data on my phone. I waited for 10 mins in the parking lot, then began to drive. Went to fast food. Finally after being on hold for 35 minutes (I took a screen shot with phone), I was so mad. I couldn't deposit my money as I did not know where another branch was. I finally hung up at 35 minutes and was so mad.
When I got home I logged into my account and wrote customer service a complaint. I get a response back saying - please log into your account next time and we can get more account specific information! They also tell me that at times they do exceed call times at the busy hours. I am 55 and honestly, I have never had to wait maybe more than 20 minutes. And for them to not have a system to tell me how many calls are a head of me with wait times like this is not acceptable. Then they tell me to contact the bank to find out why I couldn't make a deposit. Do I look like I am paid by Compass - really! They also told me to log in to their website to find the closest location. I didn't have internet access so this was impossible, that is why I called them. Are you kidding. Excuse after excuse. This is not my first instance with stupid issues with this bank. I am moving elsewhere. It isn't worth the time and aggravation.
Opened a new savings checking account along with account I already had. Which I was not told that it would complete change the look of my online banking and bill pay. When I went to the branch I opened to complain that I did not know how to look at my account or my bill pay. This caused me a nightmare of late bills and bank fees. The branch where I opened the new account were uncaring and the home branch I used was rude and unhelpful. If I ever get this straight will close my accounts and find another bank that knows the true meaning of customer service.