BBVA Compass ClearChoice Money Market Account: 2.00% APY

BBVA Compass ClearChoice Money Market account bonus promotionAvailable nationwide, open a BBVA Compass ClearChoice Money Market account online and earn 2.00% APY on all balance amounts for 12 months! BBVA Compass offers a great rate and many tools that will help you save.

Their customer service is available by phone, e-mail, or by requesting a call from BBVA Compass. Also, you can save with ease knowing that your money is FDIC insured and that the interest is compounded monthly to maximize your earnings! Keep in mind customers with an existing BBVA Compass money market account, or who have had one in the last 30 days are not eligible for the rates above.

With the BBVA Compass ClearChoice Money Market account, you will have access to an ATM card that allows you to withdraw cash in the event you need to do so. Many money market accounts tend to offer this as a feature.

To get started, click the “Apply Now” button below. When you are on BBVA Compass’s webpage press “Apply Now” and begin inputting your information!

*Find all BBVA Compass Promotions here*
BBVA Compass ClearChoice Money Market 2.00% APY Review
BBVA Compass ClearConnect Checking  No Monthly Fee Review
BBVA Compass ClearChoice Free Checking  No Monthly Fee Review
BBVA Compass Certificate of Deposit  2.25% APY Review

BBVA Compass ClearChoice Money Market Rates

Balance Annual Percentage Rate 
All Balances 2.00%

Rates are effective as of 6/01/18, and are subject to change.

BBVA Compass ClearChoice Money Market Fees

 Account Type BBVA Compass ClearChoice Money Market
Monthly Maintenance Fees $15
Excessive Transaction Fee $10
Insufficient Funds $38
Extended Overdraft $25
Deposit Item Returned Fee $12
Stop Payment Fee $32
Early Account Closing Fee $25
Dormant Account Fee $5 per month
Incoming Wire Transfers $15
Domestic Outgoing Wire Transfers $25
International Outgoing Wire Transfer $45
Non-BBVA ATM Withdrawals $2.50

Similar to most savings accounts, you are limited to six (6) withdrawals per statement cycle. Fees may be different depending on your location. For more details, visit their terms and conditions page.

BBVA Compass ClearChoice Money Market Information

  • Account Type: BBVA Compass ClearChoice Money Market
  • Availability: Nationwide
  • Expiration Date: None
  • Credit Inquiry: Soft Pull via TransUnion
  • Opening Deposit: $25
  • Credit Card Funding: Yes, up to $300 (cannot be an Amex card)
  • Monthly Fee: $15
  • Household Limit: None
  • Early Termination Fee: $25 if closed within 180 days of opening
  • Insured: FDIC

BBVA Compass Online Banking

BBVA Compass Online Banking provides real-time access to your account to help you manage your money when it’s most convenient. Simply log into your BBVA Compass account and you will be able to:

  • Manage your accounts and account information online
  • View and download statements and account activity
  • Schedule and make transfers to and from other banks
  • Schedule and make transfers between BBVA Compass accounts
  • Receive and manage account alerts
  • Send secure messages

How to get started:

  1. Visit BBVA Compass’s website and sign in.
  2. Once you log in, you can view your balance and transactions, make transfers, send and receive money, deposit checks, pay bills, view online statements, and more.

BBVA Compass Mobile Banking

BBVA Compass Mobile Banking is a great way to access your accounts on a mobile device or tablet with their mobile banking app available on the Microsoft store, Apple Store, and Google Play Store! With mobile banking, you will be able to:

  • Make deposits
  • Pay your bills
  • Transfer money
  • Find nearby ATMs and cash back locations
  • View your balances and search transaction history

How to get started:

  1. Download the Ally mobile app on iOS, Android, or Windows.
  2. Sign in with your online banking information.

BBVA Compass Security Center

BBVA Security Center is focused on making sure your money and information is safe. With this security feature, you will be able to learn more about:

BBVA Compass ATM Banking

With the BBVA Compass ClearChoice Money Market account, ATM Banking is more convenient with ATMs and your BBVA Compass debit card. Convenient self-service banking allows you to:

  • Make Deposits – Cash and Check Deposits can be made at most BBVA Compass ATMs.
  • Withdraw Funds – Access the cash you need, when you need it.
  • Transfer Funds – Move funds between checking and savings accounts that are linked to your debit card.
  • Check Your Balance – View your account balance before you make a withdrawal.
  • Request Mini Statements – Opt to receive a print out of your recent transaction history and account balances.
  • Get Fast Cash – Select from standard ATM withdrawal amounts and get cash.
  • Receipt Options – Set whether or not you will receive a receipt when you make transactions.

BBVA Compass Direct Deposit

With BBVA Compass Direct Deposit, enjoy the ease of having your paycheck, Social Security, or other income automatically deposited in your BBVA Compass ClearChoice Money Market account.

How to get started:

  1. Download and fill out the Payroll Direct Deposit Form.
  2. Take or send this form to your employer’s payroll or Human Resources Department.
  3. Your employer will handle setting up direct deposits to the account you specify in the form.

Ways to Avoid the Monthly Fee

The BBVA Compass ClearChoice Money Market account has a monthly fee of $15. You can waive this fee with ONE of the following:

  • Maintaining a minimum daily Collected Balance of $10,000 or more in your BBVA Compass ClearChoice Money Market account
  • Having an automatic, recurring monthly transfer of $25 or more from a BBVA Compass checking account to your BBVA Compass ClearChoice Money Market account

How To Open a BBVA Compass Money Market Account

Follow the steps below in order to get started with your BBVA Compass ClearChoice Money Market Account!

  1. Apply for a BBVA Compass ClearChoice Money Market account.
  2. Input your info: Provide your name, address, phone, email and social security number or Tax ID.
  3. Fund the account: Transfer funds electronically from an internal account or an external account at another bank
  4. Earn a competitive APY on all balances you put into your BBVA Compass ClearChoice Money Market account!

Bottom Line

BBVA Compass ClearChoice Money Market account offers a straight-forward savings account with a great APY. Consumers seeking to maximize the financial rewards of saving will benefit from this account!

The BBVA Compass account does allow you to withdraw from a local branch or an ATM, which isn’t a feature you have with many savings accounts especially those that are exclusively online. When you’re looking for opportunities to start a savings account, you don’t want to take a chance on an account that could cost you more to keep open than you’ll earn from interest.

For these reasons, the BBVA Compass ClearChoice Money Market account is ideal for people with large balances to deposit, who can set up an automatic transfer from a BBVA Compass checking account to avoid paying the monthly fee.

The account is especially attractive for earning interest on all balance amounts. With only $1, you can open a BBVA Compass ClearChoice Money Market account. If you are not a BBVA Compass customer, and would like many banking features while you save, sign up today!

If this offer did not suite you, please visit our list of the Best Savings Rates that are filled with various financial institutions from banks, credit unions, and even federal credit unions that are offering great rates!

Discover Bank Online Savings $200 Cash Review
HSBC Premier Checking Member FDIC $750 Cash Review
HSBC Advance Checking Member FDIC $350 Cash Review
Huntington Asterisk-Free Checking® $150 Cash Review
Huntington 5 Checking $200 Cash Review
Chase SapphireSM Checking 60,000 Points Review
Chase Total Checking® + Chase SavingsSM $350 Cash Review
Chase Premier Plus CheckingSM $300 Cash Review
Chase College CheckingSM $100 Cash Review
Chase Private Client $1,250 Cash Review
TD Bank Beyond Checking $300 Cash Review
TD Bank Convenience CheckingSM $150 Cash Review
Discover Cashback Debit Account (Cashback Match) $360 Cash Review
Capital One 360 $500 Cash Review


The post BBVA Compass ClearChoice Money Market Account: 2.00% APY appeared first on Hustler Money Blog.

Continue Reading →

The Big Diabetes Lie Review

Diabetes is a very serious health problem that affects millions and it also leads to hypertension, heart disease and other problems. This is not a disease to be trifled with. Allowing it to get uncontrolled can mean blindness, amputations, kidney failures or even death. The implications are severe and if you have diabetes, getting it…

Continue Reading →

“All I’m asking the court is to give me a sort of leave of absence…let me rest” – Jeanne-Marie Ten struggles with depression over case against NUS

Coming to the tail-end of her 13 year legal battle with the National University of Singapore (NUS), formed NUS postgraduate student Jeanne-Marie Ten is facing yet another challenge. Ms Ten has spent over a decade and more than S$100,000 in legal costs to fight the injustice that she says was done to her when her postgrad supervisor at NUS used her research work and submitted it under his own name to secure grant funding for use in his own research back in 2005. Subsequently, Ms Ten was unsatisfied at how the institution handled the case and how they eventually terminated her candidature a year later.

After years of legal proceedings, the court found against Ms Ten in October 2018. She is now due in Court on 13 May for a hearing to decide on the amount she will have to pay to NUS. The university is apparently asking for about S$700,000.

However, Ms Ten says she feels forced or pressured to carry on with the proceedings despite being in a poor state of mental health.

In a video she posted on Facebook, Ms Ten explains that the Court requires her presence at the hearing on Monday to be prepared to argue against the amount that NUS is asking for. She said, “because I have been very ill, I cannot dig out and review all of their claims and the work done to defend them.”

“But the judge wants me to show up and be able to defend [myself] if I don’t agree with the 700,000 [claim],” she added.

Ms Ten said that she had requested the Court grant her a leave of absence for six months to give her some time to rest and recover for stress that the legal ordeal has put her through. She mentions that she is suffering from depression as a result of this case and that even her psychiatrist has written a letter to the Court explaining her situation.

Ms Ten says, “All I’m asking the court is to give me a sort of leave of absence … let me rest.”

Unfortunately, the court refused to accept the letter, requiring instead for the psychiatrist to show up in court to testify to Ms Ten’s condition. This is problematic, says Ms Ten as it involves extra costs. On top of that, the psychiatrist told her that he had already said what he needed to in the letter.

She reiterated, “he says that whatever he’ll say is already in the letter … he actually also asked the court what questions he would be asked.”

Ms Ten says if the psychiatrist doesn’t show up in court to support Ms Ten and testify that she is indeed suffering from depression and needs to rest, then the Court would go ahead with deciding how much to award NUS in costs on Monday.

In the video, Ms Ten says she feels “so tired, so confused, so overwhelmed, so mentally fatigued.”

“Very often I wish that I go to sleep, right, and then I don’t wake up. That is the best. Often this is a very tempting thought,” she added.

Case background:

  • In 2005, Ms Ten complained to NUS that her supervisor, Dr Wong Yunn Chii, had committed plagiarism and stolen her work to apply for his own funding
  • A COI was convened to investigate the matter. The COI didn’t find Dr Wong guilty of plagiarism but said he failed to systematically clarify how he would acknowledge Ms Ten’s work. The COI suggest he be censured for failing to fully comply with his duties as supervisor and that appropriate steps be taken to ensure that Dr Wong is fully aware of the role and duties of a supervisor to his student.
  • In 2006, Ms Ten’s candidature was terminated by NUS.
  • Ms Ten said she was never provided with a copy of the COI report and that the summary provided by Vice-Provost Lily Kong omitted the COI’s findings. In the judgement by Justice Woo Bih Li, the judge said that the VP’s omissions had “saved some face for Dr Wong”.
  • In 2012, Ms Ten filed a civil lawsuit against NUS on the grounds of breach of contract, the tort of misfeasance in public office, the tort of intimidation, and the tort of negligence.

The post “All I’m asking the court is to give me a sort of leave of absence…let me rest” – Jeanne-Marie Ten struggles with depression over case against NUS appeared first on The Online Citizen.

Continue Reading →

Is Aphria (TSX:APHA) a Risky Overvalued Play on Marijuana?

Jars of marijuana

After a scathing research report from Quintessential Capital Management that called Aphria (TSX:APHA)(NYSE:APHA) a “shell game with a cannabis business on the side” the market value of Canada’s second largest marijuana cultivator collapsed.

Since then Aphria’s stock has recovered, rising by 17% since the start of 2019, which still sees it trailing well behind the likes of Canopy Growth and Aurora Cannabis, which have firmed by a whopping 69% and 63%, respectively, over the same period.

This, along with moves by Aphria’s management to ‘right the ship’ combined with the assumed massive growth potential of the global cannabis market has sparked considerable speculation that the marijuana cultivator is undervalued. That is despite infamous short-seller Andrew Left expressing considerable doubts about Canadian marijuana stocks and their nose-bleed valuations.

Lower market value than its peers

Aphria appears significantly cheaper than many of its peers. It is trading with a price that is 19 times its sales and 22 times forecast 2019 earnings compared to Canopy Growth’s price to sales ratio of 140 and negative forward price to earnings ratio.

Analysts from a range of institutions are estimating that the global legal marijuana market will expand at a compound annual growth rate (CAGR) of around 35% between now and 2025 to be worth up US$146 billion.

For the fiscal third quarter 2019, Aphria reported net revenue of $73.6 million, which was over three-times higher than the previous quarter and an impressive seven-times greater than a year earlier.

That incredible sales growth can be attributed to the cultivator aggressively expanding its operations and ramping up the production capacity of is operations over the last year.

If it is assumed that Aphria can grow sales at the same pace as predicted for the legal global marijuana market, which is feasible because of its operational scale and international presence, then based on its latest quarterly revenue annual net-sales will be worth somewhere around $462 million by the end of 2020.

While much of this is guesswork, in an earlier article on Canopy, I used a price-to-sales ratio of two, which appears appropriate for a cannabis cultivator. On that basis, Aphria’s market cap using the projected figures above would be around $924 million, which is around two-and-a-half times less than its current market cap of $2.3 billion.

While this indicates that Aphria is still overvalued, it is certainly not in the nosebleed territory inhabited by the likes of Canopy and other major marijuana cultivators. There is every sign that if analysts’ forecasts regarding the growth of the domestic and global legal cannabis are realistic Aphria could close that valuation gap.

Improved operational focus

Aphria has also made significant headway with resolving the issues raised by Quintessential Capital, which saw CEO Vic Neufeld and cofounder Cole Cacciavillani step down from their executive roles and retire from the company.

Aphria also took a hit some big hits on its fiscal third-quarter 2019 results, including a non-cash impairment charge of $50 million against the value of the Latin American assets acquired in the $280 million deal in 2018. It was that acquisition that was at the centre of Quintessential Capital’s allegations.

There is the potential for further impairment charges for those assets despite Aphria’s special committee determining in February 2019 that they exist, are developing according to the company’s plans and that the consideration paid was reasonable.

This is because the legal marijuana industry is highly speculative and immature plus those Latin American assets have yet to prove their operational viability, which means there is no proven data available that can be used to accurately value assets.

What does it mean for investors?

Nonetheless, it does appear that the worst is behind Aphria and that the company is in the process of clearing the decks as well as improving its operations. While there is most certainly further pain ahead, the combination of a more realistic market valuation, Aphria’s renewed focus on operational improvement and enhanced management oversight does increase its appeal as a speculative play on marijuana.

If Aphria can convince the market that it has put all of the issues raised by Quintessential Capital behind it, then its stock will soar once again.

You might be missing out on one of the biggest opportunities in Canadian investing history…

Marijuana was legalized across Canada on October 17th, and a little-known Canadian company just unlocked what some experts think could be the key to profiting off the coming marijuana boom.

Besides making key partnerships with Facebook and Amazon, they’ve just made a game-changing deal with the Ontario government.

One grassroots Canadian company has already begun introducing this technology to the market – which is why legendary Canadian investor Iain Butler thinks they have a leg up on Amazon in this once-in-a-generation tech race.

This is the company we think you should strongly consider having in your portfolio if you want to position yourself wisely for the coming marijuana boom.

Learn More About This TSX Stock Now

More reading

Fool contributor Matt Smith has no position in any of the stocks mentioned.

Continue Reading →

POFMA may be detrimental to innovation: Google

Technology giant Google said Thursday Singapore’s new law against “fake news” could hurt innovation, a crucial element in the high-tech sector which the government is developing as an economic growth driver.

Parliament late Wednesday passed legislation that gives government ministers powers to order social media sites such as Facebook and Twitter to put warnings next to posts authorities deem to be false — and in extreme cases have them taken down.

If an action is judged to be malicious and damaging to Singapore’s interests, companies could be hit with fines of up to S$1 million ($735,000).

Individuals could face jail terms of up to 10 years.

Officials have said the law does not cover opinion, but will focus on fighting outright falsehoods carried on social media that can foment disorder in the ethnically diverse nation.

Ordering “corrections” to be placed alongside falsehoods will be the primary response by government officials rather than fines or jail terms, they said.

Tech firms, rights activists and journalists, however, said it could be used to curb freedom of speech.

“Misinformation is a challenging issue and we are working hard to address it,” a Google spokesman said, a day after the Protection from Online Falsehoods and Manipulation bill was passed.

“We remain concerned that this law will hurt innovation and the growth of the digital information ecosystem.

“How the law is implemented matters, and we are committed to working with policy makers on this process.”

Singapore has been expanding its high-tech sector and has convinced many of the world’s top companies to establish their regional offices and key facilities on the tiny island.

Google, Twitter and Facebook already have their Asia Pacific headquarters in the city-state.

Last year, Facebook announced it will invest more than $1.0 billion to build a data centre in Singapore, its first in Asia, which is expected to be operational around 2022.

Singapore is also host to several firms engaged in high-tech manufacturing and a nascent tech start-up scene.

Phil Robertson, deputy Asia director at Human Rights Watch said Thursday the passage of the bill is a “hammer blow against the independence of many on-line news portals” and “will have a chilling effect on internet freedom throughout Southeast Asia”.

Addressing parliament on Tuesday, law and home affairs minister K. Shanmugam said the law was necessary as the tech companies could not be relied upon to regulate themselves.

He also denied it was aimed at curtailing free speech.

“Free speech should not be affected by this bill. We are talking here about falsehoods… bots… trolls… fake accounts and so on,” he said. – AFP

The post POFMA may be detrimental to innovation: Google appeared first on The Online Citizen.

Continue Reading →