I have been with BBVA for over 10 years, and happy for most of it. However, over the past few months, BBVA adopted a new policy of "real time banking." The way they operated for years, at the end of the day, applying deposits from the day first and then applying withdrawals. With the new Real Time banking, they process immediately when the charge happens to come in. In one day I was charged over $150 in overdraft fees, because there were a couple of credit card charge backs that happened in the morning. I didn't realize the charge backs were going to happen until about 10AM that morning, so I immediately logged in, transferred money into the account. Normally, this would have been fine, the money would have been in by the end of the day and no overdrawing. However, with real time banking by BBVA, the bill payments happened to go out at 9AM that morning, and the charge back happened to go out at about 9:30 that morning. My deposit happened at about 10AM... but it was too late, and they proceeded to charge be a $38 late fee for each of these transactions. This happens almost EVERY MONTH and is very frustrating. The only reason I am staying at BBVA at the moment is because it is such a pain to move (I have merchant accounts, bill payments, etc.) however, I am extremely unhappy. At some point I will snap and leave... it is just a hassle I wish I didn't have to deal with.
To many bad reviews, to many folks not pleased. Most of these bad reviews most likely are from folks who complain about everything and anything. 20 years a coustomer, I have never had any problems with Compass Bank. Excellent Service, Friendly.
So we signed up with this new bank Compass a few weeks ago and told them to decline the card if there wasn't funds, because we only put a couple hundo in this account for now. Apparently they opened up a line of credit if you go over...and its called an "Auto loan" and it charges fees on top of this "Loan" i had no idea bout this and thought i had a balance in the account but it was just this" loan"ughh and its so hard to take it off WORST BANK EVER! i did not sign up for a credit card plus they put it on my credit report w/o me knowing. They really do prey on people who live pay check to pay check. IV had nothing but issues since day one, I'm also trying to cancel this $5 a month membership fee, and they cant seem to find it on my account, so when they charge it their gonna take another "auto loan" out for it...RIDICULOUS oh yah plus another $12 fee to use the auto loan