Kiplinger names BBVA among 2019 Best Banks for High-Net-Worth Families in the U.S.
BBVA USA was recognized by Kiplinger as its runner-up in the Best Banks for High-Net-Worth Families category for 2019. The Washington, D.C.-based publisher of business forecasts and personal finance advice cited BBVA’s expansive wealth services, including its attractive relationship program and well-regarded private bank, and specifically noted its Premier Personal Banking program.
The Premier Personal Banking program gives customers with a BBVA personal checking account that meet the program’s balance requirements access to a number of perks, including the BBVA Money Market Account, with no monthly Service Charge.
Bolocan: ...we remain committed to providing simple, straightforward products that benefit our customers, and we are delighted that those efforts have been recognized.
“In the spirit of our recent rebranding, we remain committed to providing simple, straightforward products that benefit our customers, and we are delighted that those efforts have been recognized,” said David Bolocan, Executive Director of Consumer Segments and Deposit Products. “Premier Personal Banking offers customers some great benefits, and it definitely reflects our commitment to transparency. And while we certainly agree that the program is great for high-net-worth families, our lower qualifying balance -- a combined total of $100,000 in deposits and investments -- means that Premier Personal Banking is an option for many more customers.”
Premier Personal Banking perks include rebates of fees for out-of-network ATM withdrawals domestically and internationally and, upon request, refunds of fees for domestic and international wire transfers; free personal checks, cashier’s checks, paper statements and a small safe-deposit box; increased limits for debit card purchases and ATM withdrawals; a waived $125 annual fee on the bank’s Visa Select credit card; discounts on a home-equity line of credit or personal loan; and free usage of the Premium checking account. Customers also have access to a financial adviser.
Kiplinger evaluates and posts its special Best Banks listing once a year, based on data from Informa Financial Intelligence, including interest rates, fees, minimum-balance requirements, free perks and other features for a variety of deposit accounts. The Best Banks name top institutions in four general categories—national banks, internet banks, credit unions and regional banks—as well as the ones that are best for five customer profiles including high-net-worth families, retirees, frequent travelers, families with students, and those who want no fees or fuss.
To read more about BBVA Premier Personal Banking, click here.
For more about BBVA in the U.S., click here.