Compass BusinessClass
Preferred Plus Program

$100,000 or more in qualifying business balances and a business checking account

Important to Note
To take advantage of these benefits:

Stop by your local Compass Banking Center or via our Compass BusinessClass Preferred service line: 800-852-0803.

Important Terms and Disclosures

Qualifying balances for Compass BusinessClass Preferred program: Qualifying balances include: business checking, savings, money market, outstanding balances on loans and lines of credit, and 50% of CD balances, but exclude: investment, trust, insurance and consumer accounts. Compass Bank reserves the right to review qualifying balances for Compass BusinessClass Preferred client status on a periodic basis. Compass reserves the discretion to enroll clients regardless of presence of checking accounts or balances. Compass BusinessClass Preferred program subject to change or termination at anytime, without prior notice to you.

Visa Check Cards: Visa cards are subject to approval. To earn Visa Extras points on qualifying purchases, you must enroll prior to those purchases. A “Qualifying Purchase” is any signature-based purchase, Internet purchase, phone or mail-order purchase, bill payment, contactless purchase (purchases made by holding your Visa card or other device up to a secure reader instead of swiping your card), or small dollar purchase for which you are not required to sign, made with an enrolled Visa card, which is processed or submitted through the Visa U.S.A. Inc. payment system. A Qualifying Purchase does not include a purchase made using a Personal Identification Number (PIN) or purchase you initiate through identification technology that substitutes for a PIN. Additional restrictions apply. For more information on qualifying purchases, see program terms and conditions. Compass BusinessClass Preferred Plus clients enrolled in CompassPoints rewards will not receive Visa Extras, but will instead receive double CompassPoints.

Merchant Services: Subject to approval, including credit approval. Offer applies to new Compass BusinessClass Preferred accounts only. Merchant Account subject to credit and risk approval. Meet or Beat offer requires full copies of last three (3) monthsâ?? Visa and MasterCard processing statements. Free terminal offer good for as long as merchant is processing electronic payments with Compass Bank. Free terminal subject to $499 purchase price in the event of no return after account closes. Free terminal offer applies to new Compass BusinessClass Preferred Plus accounts only.

Visa Credit Cards: Subject to approval, including credit approval. Offer applies to new Business Visa Credit Cards only. Visa Rebate Credit Card annual fee is $40. To earn Visa Extras points on qualifying purchases, you must enroll prior to those purchases. A “Qualifying Purchase” is any signature-based purchase, Internet purchase, phone or mail-order purchase, bill payment, contactless purchase (purchases made by holding your Visa card or other device up to a secure reader instead of swiping your card), or small dollar purchase for which you are not required to sign, made with an enrolled Visa card, which is processed or submitted through the Visa U.S.A. Inc. payment system. A Qualifying Purchase does not include a purchase made using a Personal Identification Number (PIN) or purchase you initiate through identification technology that substitutes for a PIN. Additional restrictions apply. For more information on qualifying purchases, see program terms and conditions. Compass BusinessClass Preferred Plus clients enrolled in CompassPoints rewards will not receive Visa Extras, but will instead receive double CompassPoints.

Business Line of Credit: Subject to approval, including credit approval. Business Line of Credit annual fee is $99 for lines up to $50,000 and $150 for lines greater than $50,000. Business Equity Line of Credit annual fee is $50.

Linked accounts Overdraft Protection: $10 transfer fee applies when funds are transferred from linked business savings and business money market accounts to a business checking account.

Overdraft Protection Line of Credit: Overdraft Line of Credit subject to credit approval.

Combined Statement: Combined Statement includes business account information on checking, savings, loans and lines of credit.

Safe Deposit Box: Small-sized safe deposit box offered at no charge, subject to availability. Not all branches have safe deposit boxes. 50% discount on larger sizes where available.

Immediate provisional credit: In order to receive immediate provisional credit the total amount of the claim must not exceed $5,000. If the claim amount is greater than $5,000 no immediate provisional credit will be given. A claim is defined as the total dollar value of the combined transactions filed for dispute investigation.

Preferred funds availability on daily deposits: Deposited funds will not be held on deposits made to your business checking account up to $25,000 a day for the BusinessClass Preferred Plus Program. Compass Bank reserves the rights to and has discretion to put a hold on items in accordance with applicable law, regulations and account agreement.