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Only for the accounts
BASIC PAYMENT ACCOUNT1
A basic account for special situations.
This lets you carry out everyday banking operations like making deposits, ordering transfers, setting up direct debits, withdrawing cash and paying for purchases with a debit or prepaid card
Who can open a Basic Payment Account?
To open a basic payment account, you can't have an account at any other bank and you need to be:
- You can only use the basic payment account for personal transactions. It is not valid for business or professional transactions..
- To open a basic payment account you must be a new customer and not have an account at any other bank.
- The account holder must be in one of the following three situations:
- A resident of the European Union, even if you have no fixed abode.
- An asylum seeker.
- Someone who doesn't have a residence permit but is not liable to deportation for matters of law or fact.
- You don't need to subscribe to any other products or services to open a basic payment account.
What fees does the Basic Payment Account have?
- Annual interest rate 0%
- Account maintenance fee of €3/month, which will lead to variations in the AER as a result of variations in the average balance of the account.
Here are two typical examples:
NIR 0%, AER -0.72% calculated for the example scenario for a daily balance of €5,000 kept for one year, without any interest payment and with a maintenance fee for the stated amount.
NIR 0%, AER -1.20% calculated for the example scenario for a daily balance of €3,000 kept for one year, without any interest payment and with a maintenance fee for the stated amount.
Basic payment account: (Regulated by Ministerial Order ECE/228/2019 of 28 February).
Plus
Which account is best for me?
Compare our accounts and find out which one is best for you, your job and your income.Not sure how our Salary Account yields interest?
You know the Salary Account is fee-free but you're not sure how it yields interest. We'll explain!Do you have a salary and wish to open a no fees account?
Open your fee-free Salary Account in 5 easy steps. And get up to €680 the first year!FAQs
See ¿Qué condiciones hay que cumplir para abrir una Cuenta de Pago Básica? ¿Qué condiciones hay que cumplir para abrir una Cuenta de Pago Básica?
Para abrir una cuenta de pago básica es necesario que le titular sea cliente nuevo y que no tenga ninguna otra cuenta en ninguna entidad de crédito.Además, el titular de la cuenta debe encontrarse en alguno de estos tres supuestos:
- Ser residente de la Unión Europea (aunque no se disponga de domicilio fijo).
- Ser solicitante de asilo.
- No contar con permiso de residencia estando libre de riesgo de expulsión por razones jurídicas o de hecho.
See ¿Qué tarjetas incluye la Cuenta Básica? ¿Qué tarjetas incluye la Cuenta Básica?
Al abrir tu Cuenta Básica te corresponderá una tarjeta de débito sin comisión de emisión ni mantenimiento.
See ¿Qué comisiones tiene la Cuenta de Pago Básica? ¿Qué comisiones tiene la Cuenta de Pago Básica?
El tipo de interés anual de la Cuenta Básica es 0%. Simplemente hay una comisión de mantenimiento de cuenta de 3€/ mes, que dará lugar a las variaciones de la TAE según las variaciones de tu saldo. Aquí tienes dos ejemplos representativos:
- TIN 0%, TAE -0,72% calculada para el supuesto del ejemplo para saldo diario de 5.000 € manteniendo durante un año, sin remuneración y con una comisión de mantenimiento por el importe indicado.
- TIN 0%, TAE -1,20% calculada para el supuesto del ejemplo para saldo diario de 3.000 € manteniendo durante un año, sin remuneración y con una comisión de mantenimiento por el importe indicado.
See ¿Cómo puedo abrir una Cuenta de Pago Básica? ¿Cómo puedo abrir una Cuenta de Pago Básica?
Puedes abrir tu nueva cuenta desde cualquiera de nuestras oficinas. Recuerda que deberás traer tu DNI o NIE.
Y si cambias de idea, tendrás 14 días de plazo para ejercer tu derecho de desistimiento (a partir de la firma del contrato). Solo tendrás que comunicárnoslo por teléfono, email o viniendo a una oficina.
See ¿Puede haber dos titulares en la Cuenta Básica? ¿Puede haber dos titulares en la Cuenta Básica?
Sí, puede haber dos titulares siempre que ambos cumplan las condiciones de la cuenta.
See How can I transfer my direct debit payments to my new account? How can I transfer my direct debit payments to my new account?
With our new direct debit management service, all you have to do is set up direct debits for your bills. It takes less than three minutes and you can do it on any device. No need to visit a branch.
See Can I withdraw cash with my card? Can I withdraw cash with my card?
You can withdraw cash from your account without a fee3 from more than 17,000 ATMs, In all: Bankinter, Grupo Cajas Rurales, Deustche Bank, Grupo Cajamar, Laboral Kutxa, Banca March, Targo Bank, Euro Automatic Cash and Euronet, as well as the entire Euro 6000 ATM network: CajaSur Banco, EVO Bank, CECABANK, Cashzone, Caixa Ontiyent, Unicaja Banco S.A., Colonya Caixa Pollença, ABANCA, Ibercaja and Kutxabank.
See Can I turn a current account into a basic payment account? Can I turn a current account into a basic payment account?
No, one of the legal requirements to open a basic payment account is that you don’t have any other account in any credit institution.
See If I am not a resident in Spain, can I open a basic payment account? If I am not a resident in Spain, can I open a basic payment account?
Yes, as long as you are a resident of the European Union.
Important information
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Show/Hide legal text1 Basic payment account: (Regulated by Ministerial Order ECE/228/2019 of 28 February). Nominal annual interest rate of 0%; maintenance fee of €3/month, which will lead to variations in the AER as a result of variations in the average balance of the account. Here are two typical: NIR 0%, AER -0.72% calculated for a hypothetical daily balance of €5,000 maintained for one year, with no interest payment and with a maintenance fee for the above amount. NIR 0%, AER -1.20% calculated for a hypothetical daily balance of €3,000 maintained for one year, with no interest payment and with a maintenance fee for the above amount. If you apply for this account you do not necessarily have to make use of other services.
You can open this account if:
- - You live in the European Union but have no fixed abode.
- - You are an asylum seeker.
- - You don't have a residence permit but are not at risk of deportation for legal or factual reasons.
In compliance with Royal Decree 164/2019, of 22 March, establishing a free regime of basic payment accounts for the benefit of people in vulnerable situations or at risk of financial exclusion. This will depend on the annual gross income of the family unit and with the limits of the public income indicator for multiple purposes (IPREM). You will be required to provide certain documents to prove your circumstances. The free regime fee will be maintained for two years from the date of recognition as long as your circumstances remain the same.
- See list of the typical services linked to a payment account
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Show/Hide legal textVersion also available in Catalan, Valencian, Basque and Galician.
- Basic Payment Account Fee Information Document
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Show/Hide legal textVersion also available in Catalan, Valencian, Basque and Galician.
- VIEW BASIC PAYMENT ACCOUNT PRE-CONTRACT FACTSHEET
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Show/Hide legal textVersion also available in Catalan, Valencian, Basque and Galician.
- See general terms and conditions for current accounts
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Show/Hide legal textVersion also available in Catalan, Valencian, Basque and Galician.