BIRMINGHAM, Ala., Sept. 21, 2011 /PRNewswire/ -- BBVA Compass today
announced the launch of the BBVA Compass Visa® Charge Card, a new
financial product offering customers the rewards and security of a
credit card with the greater spending control of a charge card.
The BBVA Compass Visa® Charge Card allows customers to
participate in the CompassPoints rewards program at no charge and
carries no interest expense with on time payments. The new card
requires a full payment of the monthly balance, helping customers
avoid overspending and interest charges.
"The BBVA Compass Visa® Charge Card is a great product for
credit qualified customers or frequent debit card users who want to
exert control over their finances, but also enjoy the perks of a
credit card," said Jon Mulkin,
Consumer Segment Director for BBVA Compass.
"The BBVA Compass Visa® Charge Card makes tracking spending easy
with account alerts," Mulkin said.
"And because the card is part of the Visa® network, customers
also enjoy unparalleled safety and security," he said.
Additional features of the new BBVA Compass Visa® Charge Card
include the CompassPoints rewards program, with one point earned
for every $1 spent, plus bonus points
for purchases at designated retailers, as well as an auto pay
option for further financial control.
For more information on the BBVA Compass Visa® Charge Card,
customers may go to www.bbvacompass.com, contact 1-800-Compass or
visit their local BBVA Compass branch.
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that
operates more than 712 branches including 374 in Texas, 93 in Alabama, 78 in Arizona, 65 in California, 45 in Florida, 36 in Colorado and 21 in New Mexico. BBVA Compass ranks among the top
20 largest U.S. commercial banks based on deposit market share and
ranks among the largest banks in Alabama (3rd), Texas (4th) and Arizona (5th). BBVA Compass has been
recognized as one of the nation's leading Small Business
Administration (SBA) lenders, earning 'Lender of the Year' honors
in 2009 and 2010. Additional information concerning BBVA Compass
can be found on our website www.bbvacompass.com.
BBVA Compass is a subsidiary of BBVA Compass Bancshares, Inc., a
wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a
financial services group with approximately $800 billion in total assets, 48 million clients,
7,400 branches and approximately 110,000 employees in more than 30
countries. BBVA ranks among the top 20 largest financial
institutions in the world based on market capitalization and 17th
in Global Finance magazine's list of the "World's 50 Safest
Banks" for 2011. BBVA provides its customers around the world with
a full range of financial services, including commercial and
wholesale banking, retail banking services, consumer loans,
mortgages, credit cards, securities brokerage, wealth management,
pension plan management and insurance. The BBVA Group maintains a
leadership position in Spain,
Mexico, Latin America and the Sunbelt Region of
the United States, as well as
operations in China, France, Germany, Hong
Kong, Italy, Japan, Singapore, Switzerland, Turkey, and the United Kingdom. More information about the
BBVA Group can be found at www.bbva.com.
Editor's Note: BBVA Compass is a trade name of Compass Bank.
Compass Bank, member FDIC.
SOURCE BBVA Compass