Interest-bearing salary account with no fees

To obtain and maintain the remuneration, you must set up a payroll direct debit of at least €800 net per month and meet these conditions:

• Make three payments with the associated card every quarter, with no minimum amount.
• Have at least three receipts loaded into the account every quarter.
• Additionally, you must be a natural person resident in Spain and meet the eligibility criteria for the promotion.

If you are or have been a customer of Bankinter, please review the applicable specific requirements.

If you no longer meet any of the requirements, you can continue to use and operate the account as usual, but you will stop receiving the remuneration for the relevant period.

You can cancel the Salary Account, but by doing so you will stop receiving remuneration and lose the advantages associated with the maintenance of the account, as per the applicable terms and conditions.

The Salary Account begins to accrue interest when Bankinter receives the first qualifying payroll income that meets the minimum required amount. Interest is credited automatically every six months and is calculated on a maximum balance of €10,000.

The account offers 5% AER during the first year and 2% AER during the second, subject to meeting all conditions.

There is no minimum retention period for the Salary Account. However, to receive the remuneration, you must meet the payroll, bill payment, and card usage requirements during the relevant period.

No. The promotional remuneration of 5% AER during the first year and 2% AER during the second ends at the end of the two-year period. Afterwards, you can continue to use the account and retain any advantages that remain in effect, such as no maintenance fee, the card, and additional accounts, provided their conditions are met.

You can open the Salary Account online using the Bankinter app. To start the application process, you will need:

• A valid identity document.
• A mobile phone with the Spanish prefix +34.
• A mobile device with a camera.
• The personal and employment information requested during registration.

Steps:

1. Select “I want to become a customer”.

2. Enter your personal data and work-related information.

3. Verify your identity via video.

4. Select the Salary Account.

5. Digitally sign the contract and create your password.

If you stop the process, you can resume it later. Once you have signed the contract, you have 14 days to exercise your right of withdrawal under the conditions provided.

To arrange for your payroll to be paid into your account, provide the IBAN of your Salary Account to your employer or payer. Afterwards, you can use Bankinter's service to transfer your direct debits from your old account.

Steps:

1. Open the Salary Account and check the new IBAN.

2. Provide your IBAN to the company or entity that pays your payroll.

3. Select the direct debits you want to transfer.

4. Request the change through the direct debit management service.

5. Check that your payroll and direct debits are being credited correctly before closing your previous account.

The request to transfer direct debits can be initiated online and without having to go a branch.

Yes, provided you meet all the requirements of the promotion. You must not have been the holder of a Salary Account, Young Salary Account, Pension Account, Professional Account or Non-Salary Account in the past 12 months, nor have previously received remuneration for any of these accounts.

In addition, you must have a payroll of at least €800 net per month credited to your account, make three card payments, and have three receipts charged each quarter.

Yes, the Salary Account can have multiple holders. As long as at least one of them maintains a direct deposit of a payroll of at least €800 net per month.

To maintain remuneration, the account must collectively record at least three direct debits and three card payments each quarter. You can add a second holder during the online account setup. To open the account with three or more holders, you must use the specific process established by Bankinter.

When you open a Salary Account, you can open up to two additional current accounts with no maintenance fee. These accounts have a 0% Nominal Interest Rate and a 0% AER, and do not receive the remuneration of the main Salary Account.

You can use them to organise expenses, savings or other needs and add co-holders. They are compatible with the remuneration and the other advantages of the Salary Account.

At least three direct debits must be charged to the account during each quarter. They do not need to be from different billers or be charged in different months: One may be charged each month, or all three may be charged in the same month.

When you open a Salary Account online, Bankinter will assign you either a debit card or a credit card depending on your request. The associated card has no issuance or maintenance fees for Salary Account customers.

The specific card type will be communicated during the account opening process.

You can withdraw cash free of charge using your debit card at Bankinter ATMs and at ATMs operated by banks in its network. Use Bankinter's ATM locator to find out which banks and locations are available at any time.

The following are representative examples calculated for a constant daily account balance maintained over two full years. Gross remuneration pre-tax. The actual remuneration depends on the balance maintained each day in the account.