BBVA Compass is on the Right Track with Overdraft Fees
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28 October 2009Bob Meara
To help customers avoid fees and more easily manage their finances, BBVA Compass is joining a growing number of large US banks announcing policy changes. Specifically:
- Eliminate all overdraft fees when a customer's account is overdrawn by $5 or less
- Provide new customers the choice to opt-in to overdraft protection at account opening
- Actively promote its Savings Overdraft Protection service which became available in February 2009.