BBVA Money Market Account Disclosure | Florida | BBVA

BBVA Money Market Account Disclosure - Florida

Minimum $25 Deposit Needed to Open Account

Monthly Service $15 Charge (Monthly Fee)

Ways to avoid Daily Collected Balance of at least $10,000 in this account; monthly Service or Charge Have an automatic, recurring monthly transfer of at least $25 from a BBVA checking account to your savings account when the Service Charge would be assessed.

Does the Yes Interest is earned on the entire account balance. For additional account earn interest rate and interest calculation information, see the interest? account disclosures and Relationship Summary Form.

How often will Monthly statement be available?

Excess $10 Charged for each withdrawal over 6 per statement cycle ACCOUNT OPENING AND Transaction Fee USAGE Insufficient $38 For each paid item presented against insufficient funds (NSF) Funds Charge- Paid Insufficient Funds (NSF) Charge – Paid Item Fee is not charged Item on an item that causes the available balance on your account to be overdrawn by $1.00 or less.

Insufficient $38 For each returned item presented against insufficient funds (NSF) Funds Charge- Returned Item

Deposit Item $15 For each item that you deposit that is rejected by the payor Returned Fee bank ($25 for foreign items)

Stop Payment $32 Per request made in a branch or by telephone to stop payment Fee of an item

$25 Per request made online to stop payment on a check

Early Account $25 If account closed within 180 days of opening Closing Fee

Other Service Please consult your account disclosure for a list of additional Fees service fees Certain withdrawal transactions from savings and money market accounts may result in the account being reclassified as non-interest bearing if limits are exceeded. The following withdrawal transaction types are limited to six (6) per month: transfers to another deposit account with BBVA or to a third party by means of a pre-authorized agreement, telephonic request, check, debit card, draft or similar TRANSACTION LIMITS order (including Online Banking transfers and sweep transfers from a savings or money market account). There is no limit on the number of withdrawal transactions from such accounts when made in person at a BBVA banking office or at an automated teller machine. Withdrawal transactions of any type in excess of the Excess Transaction Fee limit will be subject to a fee.

Posting Order We process and post transactions - both The order in which withdrawals and deposits credits (including deposits) and debits - are processed throughout the day. This approach allows us to more closely match the posting of transactions on your account with the timing of your actual account activity.

Note: Deposits received and posted late in the day will not cover payments and withdrawals posted earlier the same day.

Summary of Our Deposit Hold Policy • Cash deposit with teller or at ATM - Same This is a summary and generally applies when business day as the day of deposit deposit amount is less than $5,525 - absent a deposit hold. See the Consumer Deposit • Account Agreement, Funds Availability Direct Deposit/wire transfer - Same PROCESSING POLICIES Disclosure, for a detailed description of our business day as the day of deposit deposit hold policy. • Check deposit with teller or at ATM - same business day as the day of deposit

• If something causes a longer hold on a deposit listed above, the first $225 of that deposit will generally be made available the same business day as the day of deposit

• Mobile Deposit - Within 5 business days or less. Date displayed in mobile application.

A "business day" is a non-holiday weekday. At branches, business days end at closing time. At ATMs, business days end no earlier than 8:30 p.m.

Dispute If a dispute arises between us, either party may require that it be resolved through Resolution arbitration, rather than through jury trial. Please see the arbitration and waiver of DISPUTE RESOLUTION Agreement jury trial provisions in your Consumer Deposit Account Agreement for additional details.

Full Terms & Conditions Full Terms & Conditions

ACCOUNT OPENING AND MAINTENANCE

Minimum Opening Deposit $25

Service Charge $15 per month

Service Charge will not apply in statement cycles when:

You maintain a minimum daily Collected Balance of $10,000 or more in your BBVA Money Market account; OR

You have an automatic, recurring monthly transfer of $25 or more from a BBVA checking account to your BBVA Money Market account in effect at the time the service charge would be assessed.

Statement Cycle Monthly

Paper Statement Fee No additional charge

Early Account Closing Fee $25 The Early Account Closing Fee is assessed when a new account is closed within 180 days of opening.

Excess Transaction Fee $10 Excess Transaction Fee charged for each withdrawal transaction in excess of 6 per statement cycle

HOW INTEREST IS EARNED ON YOUR ACCOUNT

The daily balance method is used to calculate the interest on the account. This method applies a daily periodic rate to the daily collected balance in the account each day. For tiered rate accounts, the rate corresponding to your daily Collected Balance will be applied to your entire daily Collected Balance. Interest on deposits begins to accrue no later than the business day on which we receive credit for the deposit. Accrued interest that is credited to the balance in the account on the first business day of the following statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle. If you close your account or convert your account to a non-interest earning account before accrued interest, if any, is credited, you will not receive the accrued interest. A taxpayer identification number will be required to earn interest on these accounts.

Collected Balance is your account balance minus any funds you have deposited that have not been collected from the financial institution on which the deposited funds are drawn.

RELATIONSHIP PRICING INFORMATION

Your relationship with BBVA will be reviewed at the end of each calendar month for the application of Relationship Pricing. At that time, the interest rate and APY applied to your account will be determined based on the Relationship Base Rate Chart, the Total Deposit Balance Rate Component chart and the Additional Relationship Rate Component chart (your “Relationship Rate”). Your Relationship Rate will be determined by adding the applicable Relationship Base Rate and the Rate Components together. Please see Additional Details about Relationship Pricing disclosure below for more information.Each Annual Percentage Yield (APY) in the charts below is current as of July 09, 2021. APY and interest rates are variable and subject to change at any time at our discretion. We may change any Rate Component at any time, which means your interest rate and APY may change.

Relationship Base Rate Chart: Relationship Base Rate Chart:

DAILY COLLECTED BALANCE INTEREST RATE ANNUAL PERCENTAGE YIELD

Less than $10,000 0.010% 0.01%

$10,000 to $19,999.99 0.010% 0.01%

$20,000 to $49,999.99 0.010% 0.01%

$50,000 to $99,999.99 0.010% 0.01%

$100,000 to $249,999.99 0.010% 0.01%

$250,000 to $999,999.99 0.010% 0.01%

$1,000,000 to $2,499,999.99 0.010% 0.01%

$2,500,000 to $4,999,999.99 0.010% 0.01%

$5,000,000+ 0.010% 0.01%

If you are a Wealth customer with a Private Banker or an International Relationship Manager, please use the Wealth Relationship Base Rate Chart below. Your Relationship Rate will be determined by adding the applicable Wealth Relationship Base Rate and the Rate Components together. Please see Relationship Review disclosure below for more information.

Wealth Relationship Base Rate Chart (Wealth Customer Only):

DAILY COLLECTED BALANCE INTEREST RATE

Less than $10,000 0.010%

$10,000 to $19,999.99 0.020%

$20,000 to $49,999.99 0.020%

$50,000 to $99,999.99 0.020%

$100,000 to $249,999.99 0.020%

$250,000 to $999,999.99 0.020%

$1,000,000 to $2,499,999.99 0.020%

$2,500,000 to $4,999,999.99 0.020%

$5,000,000+ 0.020% Relationship Pricing Components

TOTAL DEPOSIT BALANCE RATE COMPONENT:

Your Total Deposit Balance is determined by adding the Posted Balance in your consumer checking, consumer savings, consumer money market and CD accounts with the Bank at the time of relationship review.Accounts and relationships will be reviewed at the end of each month. See Relationship Review disclosure below. For money market accounts with multiple account holders, please note Joint Account disclosure below.

TOTAL DEPOSIT BALANCE TIERS INTEREST RATE

Less than $100,000 0.000%

$100,000 to $999,999.99 0.010%

$1,000,000 or more 0.020%

ADDITIONAL RELATIONSHIP RATE COMPONENT:

Relationships eligible for the Additional Relationship Rate Component include:

• Checking Account Component:If you have a BBVA checking account with a minimum end of month Posted Balance of $10,000.00.

• Direct Deposit Component:If you have three or more Qualifying Direct Deposits totaling at least $15,000 in the last three months (each direct deposit must be at least $1,000). Direct Deposit may be to BBVA Consumer Checking, Consumer Savings or Consumer Money Market Account. Please see Qualifying Direct Deposit disclosure below.

• Joint Account disclosure below.

• NUMBER OF ADDITIONAL INTEREST RATE ANNUAL PERCENTAGE YIELD RELATIONSHIPS

One Additional Relationship 0.010% 0.01%

Two or more Additional Relationships 0.020% 0.02%

TRANSACTION LIMITS FOR SAVINGS AND MONEY MARKET ACCOUNTS

Certain withdrawal transactions from savings and money market accounts may result in the account being reclassified as non-interest bearing if limits are exceeded. The following withdrawal transaction types are limited to six (6) per month: transfers to another deposit account with BBVA or to a third party by means of a pre-authorized agreement, telephonic request, check, debit card, draft or similar order (including Online Banking transfers and sweep transfers from a savings or money market account). There is no limit on the number of withdrawal transactions from such accounts when made in person at a BBVA banking office or at an automated teller machine. Withdrawal transactions of any type in excess of the Excess Transaction Fee limit will be subject to a fee. ATM FEES

Fee to Use BBVA USA ATMs $0 for using BBVA USA ATM to complete any transaction.

BBVA USA Fee to Use another Bank's ATMs $3 + +ATM and/or service fees charged by other banks and ATM owners still may also apply.

International Service Fee (ATM) 1% of transaction amount

International Service Fee (non-ATM) 3% of transaction amount

International Transactions are those transactions using your ATM or Debit Card initiated in person, online, or via telephone with a party located or who processes transactions outside of the United States, even if the transactions are initiated within the United States and/or in US dollars. A full description of the currency conversion process is contained in your ATM/Debit Card Agreement.

OVERDRAFT / INSUFFICIENT FUNDS FEES

Insufficient Funds Charge (NSF) - Paid Item $38 per item* *Insufficient Funds (NSF) Charge – Paid Item Fee is not charged on an item that causes the available balance on your account to be overdrawn by $1.00 or less.

The NSF charges described above are applied for processing items presented for payment against insufficient funds (NSF) with a maximum of six (6) charges per day. These charges are imposed on items created by check, in-person withdrawal, ATM withdrawal, Check Card transaction, or other electronic means.

Insufficient Funds Charge (NSF) - Returned Item $38 per item

Inter-Account Transfer Fee $12 per day on which any such transfer occurs. Transfers funds from customer designated account to cover potential overdrafts in checking account.

DEPOSIT FEES

Deposit Item Returned $15 per item

Deposit Item Returned (Foreign) $25 per item

DEBIT CARD FEES

Personalized Debit Card Fee $10 for each Personalized Debit Card

Replacement Card Fee $5 ($10 for personalized Debit Card)

Rush Replacement Card Fee $50 OTHER STATEMENT FEES

Online statement No additional charge (Online Banking is Required)

Statement Upgrade Fee (Image Statement Fee) No additional charge

Special Statement $5 per statement cycle A special statement may include, but not be exclusive to the following: daily statements, duplicate statements, hold statements and statement printouts.

WIRE TRANSFER FEES (ALL FEES ARE PER TRANSFER)

Domestic:

Incoming (Customer) $15

Outgoing (Customer) $30

Outgoing Repetitive (Customer) $25

International:

Incoming (Customer) $15

Outgoing (Customer) $45

Confirmation:

Fax/Email $3

Mail/Phone $5 MISCELLANEOUS FEES

Cash Handling Fees:

Rolled Coin $0.10per roll

Strapped Currency $0.20 per strap

Bank Bags (Zipper) $5 per bag

Bank Bags (Locked) $20 per bag

Check Charges:

Temporary Checks $1each

Personal Checks Personalized check order charges, including tax and shipping and handling, are debited from your account when your order is placed. Check order charges vary.

Cashier's Checks $10 each

Collection Items (all fees are per item):

Incoming $20

Outgoing $20

Non-Customer $25

Bond Coupon $5

International $20 plus costs

Deposit Fees:

Deposit Correction Fee $2.50 per item

Deposits to Closed Accounts $28.25 per deposit

Legal Fees:

Garnishments, Levies, Court Orders $150 plus attorney fees

Reconcilement/Research Fees:

Reconcile Statement $25 per hour

Research $25 per hour

Copy of Fax $3 per page

TELEPHONE BANKING FEES

Staff-Assisted Call (over 5/month) $1 per call over 5 in a month

Telephone Transfer Fee $3 per transfer ONLINE AND MOBILE BANKING FEES

Online Banking No additional charge

Online and Mobile Bill Pay No additional charge

Mobile Banking No additional charge Message and data rates may apply - check with your wireless provider.

Applicable Fees and Service Charges

Your account will be subject to the terms and conditions, including all fees and service charges, applicable to BBVA USA accounts in the state where we maintain your account. For purposes of this disclosure, your account will be deemed to be maintained in the state where you opened your account. Your account is considered to have been opened: if you opened your account by mail, at the location where the mail was received by us; or if you opened your account electronically (including by telephone) and your address is in a state where we have branch offices, in the state of your address at the time you opened your account; or if otherwise, in Florida.

For additional terms governing your account, please consult the Consumer Deposit Account Agreement.

NOTE: The above-noted fees and service charges are not set bank-wide. These prices are driven by the competition in your local market.

AS REQUIRED BY FEDERAL LAW, BBVA RESERVES THE RIGHT TO REQUIRE AT LEAST SEVEN (7) DAYS NOTICE PRIOR TO WITHDRAWAL OR TRANSFER OF FUNDS FROM THIS ACCOUNT.

Additional Details about Relationship Pricing

Relationship Review:Accounts and balances are reviewed on the last calendar day of each month to determine your Total Deposit Balance Rate Component and Additional Relationship Rate Component. Any Relationship Rate changes will be made on the 20th calendar day after your relationship is reviewed. When the 20th day falls on a non-Business Day, changes to your Relationship Rate will be made on the next Business Day. For accounts opened without a promotional rate, your relationship will be reviewed at the end of the calendar month that your account is opened. For accounts opened with a promotional rate, your relationship will initially be reviewed at the end of the promotional period (based on your relationship at the end of the most recent evaluation month) and then at the end of each calendar month thereafter. Note: Balances held in IRA accounts will not be included in the relationship review.

Joint Accounts:For money market accounts with multiple account holders (joint accounts), accounts that include at least the same account holders as the money market account will be included in the Total Deposit Balance Rate Component and Additional Relationship Rate Component. For example, Customer X and Customer Y are account holders on the money market account. Customer X has a checking account with the bank, but he is the sole account holder. Customer Y has a savings account with the bank but he is the sole account holder. Customer X and Y have a CD account where they are joint account holders. The CD account balance would be included in the rate calculation. The checking account balance and the savings account balance would not be included. All account holders of the money market account must also be an account holder of the other deposit/loan accounts in order for the balance to be included in the rate calculation.

Qualifying Direct Deposit:A qualifying direct deposit is a recurring paycheck, pension or government benefits (such as Social Security) deposit from your employer or the government into a checking, savings or money market account at the bank. The following deposits are not qualifying direct deposits: interest payments or transfers from your investment accounts; payments received from payment apps such as PayPal, Venmo and other similar payment service providers; tax refunds or other one time payments from the government.

Qualifying Loans:Qualifying loans are consumer loans and consumer lines of credit, except for overdraft protection lines of credit (ODP LOC).

NMLS # 402936

Rev. 7/2021 © BBVA USA has been acquired by The PNC Financial Services Group, Inc., and is operating as an affiliate of PNC Bank, N.A. (“PNC”) until BBVA USA is merged into PNC, which is anticipated to happen later this year. Until then, BBVA USA will continue to offer independent products and services, which may include different product features, underwriting guidelines, terms, fees, and pricing. If you would like to learn more about PNC’s products, you can do so by visiting PNC. com.