BBVA Compass Optimizer Credit Card review

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Advertiser Disclosure

Annual Fee
$40.00
Minimum Deposit
$500.00
Interest Rate: Purchases
24.49%
Balance Transfer
24.49%


6.4/10
Informr score
The BBVA Compass Optimizer Credit Card currently has an Informr score of 6.4 out of 10. This score is based on our evaluation of 2 sources including reviews from users and the web's most trusted critics.

Am I eligible?


BBVA Compass Optimizer Credit Card is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA
Yes Provide a minimum security deposit of $500.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


Money Crashers

An appropriate first credit card (or first credit card after a hiatus stemming from a negative credit event, such as bankruptcy) for people who already bank with BBVA Compass, and for people whose very poor credit is insufficient to qualify them for more generous secured cards.

- Brian Martucci, Money Crashers
CreditShout

Don't expect any perks with this card, and don't expect to nab a low purchase interest rate. This card is designed for consumers with bad or limited credit histories. Banks charge higher rates and hold a deposit to protect themselves in case cardholders default on their payments.

- Dan Rafter, CreditShout

Details


Interest Rates
Regular APR Interest Rate 24.49%

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 24.49%

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 33.49%

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $40.00
Balance Transfer Fee 4%

Minimum of $10

Cash Advance Fee 4%

Minimum of $10

Foreign Transaction Fee 3%

Of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $37.00

Maximum

Promotions
Sign up bonus No
Rewards
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Eligibility
Minimum Security Deposit $500
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


Money Crashers

An okay first credit card for existing BBVA Compass customers

from Money Crashers

An appropriate first credit card (or first credit card after a hiatus stemming from a negative credit event, such as bankruptcy) for people who already bank with BBVA Compass, and for people whose very poor credit is insufficient to qualify them for more generous secured cards.

Read full review

An appropriate first credit card (or first credit card after a hiatus stemming from a negative credit event, such as bankruptcy) for people who already bank with BBVA Compass, and for people whose very poor credit is insufficient to qualify them for more generous secured cards.

Read full review

Less

CreditShout

Designed for consumers with low credit scores

from CreditShout

Don't expect any perks with this card, and don't expect to nab a low purchase interest rate. This card is designed for consumers with bad or limited credit histories. Banks charge higher rates and hold a deposit to protect themselves in case cardholders default on their payments.

Read full review

Don't expect any perks with this card, and don't expect to nab a low purchase interest rate. This card is designed for consumers with bad or limited credit histories. Banks charge higher rates and hold a deposit to protect themselves in case cardholders default on their payments.

Read full review

Less

User Reviews


Darn, there are no reviews yet for this credit card. Be the first to write a review.