BBVA Compass Rewards Card

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BBVA Compass Rewards Card

0.00
7.5

Annual Fee

9.5/10

Promotions

6.9/10

Services

7.5/10

Travel

4.7/10

Insurance

6.6/10

Rewards

8.3/10

Security

9.0/10

APR (Interest Rate)

7.1/10

Customer Support

8.2/10

Pros

  • 1.5 rewards points minimum is good. You can also improve it to 2.
  • No limit at purchases to gain rewards points.
  • You will not pay annual fee for this card.
  • It is good for balance transfer.
  • Balance transfer fee is also reasonable.
  • Reasonable cash advance fee.
  • No liability protection is available.

Cons

  • BBVA Compass Rewards Card interest rates are a high. It can be still very low depends on your creditworthiness but we always consider the maximum amount first.
  • Limited services and promotions except rewards.
  • There is no sign-up bonus.

Review

You can find a detailed review for the card below. We investigated each features of BBVA Compass Rewards Card and we provide our own thoughts for you. If you have any experiences about the card, please leave a review.

Rewards and Bonus

BBVA Compass Rewards Card is providing good options to get rewards points. The regular rate is 1.5 rewards points at every purchases. However if you ever deposit $1000 to your bank account, you will increase your rewards points to 2 for every purchases. There is no limit on this and you can gain 2% rewards points with depositing $1000 to your BBVA Compass deposit account every month. I believe if you are going to work with BBVA Compass for your financials, this opportunity can be very good for you. However we recommend you to be careful about interest rate of the card. We are going to mention about this at APR and Fees section below.

Unfortunately there is not any good bonus of the card at this time. If BBVA Compass can do a good sign-up promotion for this card, it will be more attractive for consumers.

BBVA Compass Rewards Card Fees and APR

If your creditworthiness is not very good, APR amount can be high with this card. If it is good, it is going to be very low. More than 30 percent annual interest rate can be quite problematic for consumers despite of good rewards rates. APR is 13.24% to 31.24%. There is not 0% APR promotion of credit card for purchases but it is available for balance transfers for 13 months. However if you would like to have %0 interest rate for balance transfers. This is available in BBVA Compass Rewards Cards.

There is no annual fee of the card and we always like no annual fee cards. Because no annual fee cards are always making rewards more beneficial for consumers.

If you are purchasing abroad very often, you will need to make 3% extra payments with the card for each of your foreign transactions. Maximum cash advance fee and balance transfer fee is average. Their rate is 4%. However minimum payment is $10 and this is above the average.

Thoughts

BBVA Compass Rewards Card is not a bad card if you have a good credit score. It depends on your APR much. If you get this card with APR more than 20 percent, it won’t worth it despite of 2x rewards. We recommend you to talk to a banker of BBVA compass before applying to card and learn possibilities about APR rates first. If there was an introductory period on purchases, this card could be a good opportunity for consumers.

BBVA Compass Rewards Card Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
13.24 – 31.24% Regular: 1.5x

If you deposit $1000 to your account regular Rewards is: 2x

None 3% $10 or 4% 24.24% – 31.24% $10 – 4% 0% for 13 first months

Regular: 13.24 – 31.24%

FTF: Foreign Transaction Fee

BBVA Compass Rewards Card Editor Scores

Type of Card Editor Score Overall Score Total Cards
General 191 200 100
No Annual 168 166 60
Rewards 215 189 64
Balance Transfer 143 226 50

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3 COMMENTS

    • Hello Zio,
      Thank you for the question, you can always ask us questions through our Q&A service too. You can get faster answers to your questions.

      We recommend you to call the bank or visit a branch of the BBVA Compass for this. A banker can help you much better for learning APR. If you can send us some documents about your credits, our consultants can also check them.

  1. Annual Fee

    9.00

    Promotions

    9.70

    Services

    9.50

    Travel

    4.40

    Insurance

    7.10

    Rewards

    9.00

    Security

    7.90

    APR (Interest Rate)

    9.10

    Customer Support

    9.40

    My APR is about 16% I agree that interests are effeting the card performance. My friend couldn’t handle bills with 29% APR. I am good though.

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