Fees Good-bye programme

With the Programme Good-bye Fees you will save the payment of fees and expenses for certain operations and usual services in the account if you fulfill the requirements.

Without administration fees and maintenance, both in the account and in the cards.

Discovers the requirements that you must fulfill not to pay these fees.

In the account

Without administration fees and maintenance of the accounts without active passbook or with reduced maintenance fee of€10/year in have them active passbook. 

This Programme applies to types of detailed account in the ANNEXE* 

What active passbook is considered? 

For the purpose of the Programme Good-bye Fees, a passbook is considered active provided that it has been updated in the last 12 months. 

Who is exempt from the payment of the reduced Maintenance fee? 

The holders that they fulfill the requirements and, also, are in one of these cases: 

  • That anyone is person under 30 years old or,
  • That anyone has direct billing a pension for transfer of at least€300 a month or,
  • That anyone maintains a monthly average balance higher than 60,000 euros. 

You neither pay this maintenance fee if you fulfill the requirements and you give back your passbook in a branch BBVA.

In the cards

Without annual fee because of issuance and maintenance of one of the detailed credit or debit cards in the ANNEXE *, that are direct billing in the account and issued addressed to some holders. 

Whom benefits this saving?

  • To all the account holders, that they will stop paying the above-mentioned fee of one of its cards. Only will be object of exemption a card for every account holder.

If is had more than a card, on which this saving is applied? 

  • In the event of existing several cards addressed to the same holder will be exempt the card that has an annual fee for an amount higher, provided that in the current year was not had exempted already of the payment of another fee of card. 

In the event of not credit more than of the same amount, will benefit the card whose contract has been subscribed in the date more recent. 

In other services

  • Regarding cheques: without fee for issuance of cheques in euros of the account and also without clearing fee and negotiation for cheque deposit nationals in euros. 
  • Regarding expenses of mail: expenses of mail will not be paid for the sending of information regarding the cheques issuance and compensation.

* You can consult here the bases of the Good-bye Programme Fees.

Young

People under 21 years old 

  • If all the account holders are in this age group, have right to all the previous advantages.

From 21 until 25 years 

If all the account holders are in this age group and it is fulfilled that the first account holder of the account: 

  • Has contracted and activated one of the Cards BBVA.
  • Has formalised the multi-channel contract (1). 
  • Has the mobile phone and e-mail address in the database of BBVA.

Useful information on this point:

  • What is understood for activated card in this age group?

That it does not have any type of blockade (for example, a card is blocked because has not yet been activated with the PIN).

From 26 until 29 years 

If all the account holders are in this age group and it is fulfilled that the first account holder of the account:

  • They have a Card BBVA, active and direct billing in the account.
  • Has formalised the multi-channel contract (1).
  • Has the mobile phone and the e-mail address in the database of BBVA. 

Useful information on this point:

  • What is understood for active card in this age group?

Anyone who has a minimum use of at least 7 movements, are already retail purchases or cash withdrawals, during 4 calendar months prior to the settlement date, accrued interest or performance of the operation, according to the specific exemption. For example, in June, is revised the months of February, March, April and May. The debiting date is considered for the computation of the operations in the credit card or in the Account in case the card is of debit.

  • How me ensure of that my mobile and e-mail address phone number are in the database of BBVA?

Is just had call at 91 224 94 26 and provide them to him to the operator, or, introduce them in the private area of bbva.es. 

Clients with salary, pension, unemployment benefit or periodic incomes for any age

When any of the titulares has direct billing in the account for the following minimum amounts , always for the same concept and through an only deposit every month: 

  • Salary for monthly transfer of at least€600.
  • Pension for monthly transfer of at least€300.
  • Monthly deposit because of Provision of Unemployment of at least€300.
  • Another type of monthly periodic income of at least€600.
  • Provisions for Individual Pension Plans BBVA, Individual Pension plans BBVA or Planes of BBVA Employment monthly of at least€300. 

And is complied with at least one of the 2 following conditions:

  • Have at least 5 charges for debit entries (bills) direct billing of services.
  • Have a card BBVA, of the included in the ANNEXE *, active and direct billing in the account. 

Useful information on this point: 

  • What salary, pension or unemployment benefit is considered, for the purpose of Good-bye Fees?

The 3 types of incomes make reference to the transfers made in concept of salary, pension or unemployment. In all cases is necessary that the deposit is received correctly identified through the corresponding banking encoding.

Are considered for the purpose of Good-bye Fees only the contributory pensions, non-contributory and complementary caused by the Social Security Institute. To comply with this requirement, the incomes must be of the same nature and receive in at least 2 out of the 4 calendar months prior to the settlement date, accrued interest or performance of the operation, according to the specific exemption. For example, in June, is revised the months of February, March, April and May. If an account receives a pay into concept of salary in February and a pay into concept of pension in April the account will not fulfill this requirement. 

  • What another is considered type of periodic income?

Funds transfers via Debit entry SEPA, transfers or cheque deposits for an unitary minimum amount of€600 monthly during 3 out of the 4 calendar months prior to the settlement date, accrued interest or performance of the operation, according to the specific exemption. For example, in June, is revised the months of February, March, April and May.

The deposits received in concept of Bizum are not considered for the purpose of Good-bye Fees.

  • What are considered provisions for Pension Plans BBVA, Individual Pension plans BBVA or Planes of BBVA Employment?

Unitary deposits in concept of provision for Individual Pension Plans BBVA, Individual Pension plans BBVA or Planes of BBVA Employment for a minimum amount of€300 monthly during 3 out of the 4 calendar months prior to the settlement date, accrued interest or performance of the operation, according to the specific exemption. For example, in June, is revised the months of February, March, April and May. 

  • When will have effect the requirement regarding debit entries (bills)?

Will be understood fulfilled this condition when have been charged in the account at least five debit entries (bills) of any issuer in the 4 calendar months prior to the settlement date, accrued interest or performance of the operation, according to the specific exemption. For example, in June, is revised the months of February, March, April and May. 

  • What is understood because of active card for the purpose of Good-bye Fees?

An active card is that that has a minimum use of at least 7 movements, are already retail purchases or cash withdrawals, during 4 calendar months prior to the settlement date, accrued interest or performance of the operation, according to the specific exemption. For example, in June, is revised the months of February, March, April and May. The debiting date is considered for the computation of the operations in the credit card or in the Account in case the card is of debit.

Clients with monthly balance higher than€60,000

  • Only for this reason they have right to all the described advantages. 

Useful information on this point: 

  • How works in the case of a monthly average balance higher than€60,000?

Some account holders (without taking into account the order of ownership in the account) owes appear as a first account holder of financial products whose average balances sum of monthly is higher than sixty thousand euros, during two out of the four calendar months prior to that which precedes to the settlement date, accrued interest or performance of the operation, according to the specific exemption. For example, in June, is revised the months of January, February, March and April.

  • What products will be taken into account to apply this exemption?

Call accounts, of saving and term, investment funds, securities accounts, pension plans, unit link, and following savings insurance: BBVA ISPs, BBVA Euroterm, BBVA Incomes, insured Incomes BBVA, BBVA Equities, BBVA Deferred incomes, Incomes IPP BBVA and IPP Accumulation BBVA. 

  • And how the monthly average balance is calculated?

For this calculation will use the actuarial amount of the day, on following references for product:

  • Accounts, the credit balance.
  • Investment funds, pension plans and unit links, the net asset value.
  • Securities accounts, the cash value.
  • Savings insurance, the balance less the tax withholding. 

Holders of stock

  • Only for being holder of at least 1,000 stock BBVA, will be had right to all the described advantages. 

Useful information on this point: 

  • Which are the requirements with respect to the depositary account of the stock?

The 1,000 stock must be deposited in an only account or reference of securities in, at least, one of the 2 calendar months prior to the settlement date, accrued interest or performance of the operation, according to the specific exemption. For example, in June, is revised the months of April and May. 

They will not count the sum of the deposited securities in several references.

The account that will be saved the fees will be anyone who in addition to be in the ANNEXE*, have partner the contract of securities as operational account (for charges and deposits). 

Holders that they carry out occupations or trade on a self-employed basis

When are made the following types of incomes in the account for a total amount of at least€600 monthly:

  • Effective internal transfer via Debit entry SEPA. 
  • Deposit of remittances of debit entries (bills) direct billing.
  • Cash deposits.
  • Cheque deposits.
  • Transfers.
  • Agricultural payment orders.
  • From the operations of Factoring or Confirming contracts.
  • From the negotiation of documents and credits agents.
  • From the invoicing via contracted POS with BBVA.
  • Provisions for Individual Pension Plans BBVA, Individual Pension plans BBVA or Planes of BBVA Employment monthly because of an unitary minimum amount of€300. 

And additionally, that in that same account, is fulfilled at least 2 of the following 5 suppositions

  • Social security or professional association monthly payment, for an amount equal to or more than€175.
  • Have at least 5 charges for debit entries (bills) direct billing of services.
  • Payroll, for an amount equal to or more than€600 a month.
  • State, autonomous or municipal tax payments, for an amount equal to or more than€100 a month.
  • That some holders has a Card BBVA, active and direct billing in the account.

Notwithstanding the above, accounts titular clients collected in the Annexe of these bases*, whose business activity esté included in the CNO 0029 (Farmer) ó 0061 (Freelance worker of operations agrícolas or of fishing), se podrán take in to advantages of the Programme fulfilling únicamente 2 out of the 5 suppositions previously described, without is necessary to prove deposit one in the account.

Useful information on this point: 

  • Criteria of fulfillment of different conditions.
    • Incomes of at least€600, it will be revised that the incomes, regardless of the way that are made, have been produced in at least 3 out of the 4 calendar months prior to the settlement date, accrued interest or of performance of the operation, according to the exemption of that is discussed.
    • Social securities or professional associations , payment via the account in 2 out of the 4 calendar months prior to the settlement, accrued interest or performance of the operation, according to the exemption of that is discussed.
    • Salaries, payment via has it advantages in 2 out of the 4 calendar months prior to the settlement date, accrued interest or performance of the operation, according to the exemption of that is discussed. 
    • Debit entries (bills) direct billing, will be understood fulfilled this condition when have been charged in has it advantages at least 5 debit entries (bills) of any issuer in the 4 calendar months prior to the settlement date, accrued interest or of performance of the operation, according to the exemption of that is discussed. 
    • Tax contributions, payment via has it advantages in 2 of the last 6 calendar months prior to the settlement, accrued interest or performance of the operation, according to the exemption of that are discussed.  

A calendar month is the period between the first one and the last day of each month both included.

* You can consult here the bases of the Good-bye Programme Fees.

(1)

The Multi-channel contract establishes the conditions that they regulate the service channels that puts BBVA at your disposal for the contracting of products and services (website, app, Telefónica banking, ATM, etc) and that it can sign at any time in your branch, via bbva.es and App BBVA.

When the programme Good-bye is applied Fees?

Is applied automatically and you will be able to benefit from its advantages for maintaining an account and fulfill the requirements. Without emabrgo, the Bank will leave without effect the application of the exemptions in following cases:

  • If the account is cancelled, for whatever reason.
  • If they stop fulfilling the requirements and conditions that they give rights to the exemptions.
  • When in the opinion of the Bank, some account holders have carried out a fraudulent activity to obtain the exemption. 

What duration has?

The application of the mentioned advantages will have indefinite character, although BBVA the possibility of modifying is reserved conditions of the Programme as well as cancel it at any time.

In the event that the Bank decided modify or cancel the Programme Good-bye Fees, it will notify to its payees. This notification will be made, with two months' notice, through individual communication to the clients payees of the Programme. 

What to do in the event of incidence?

For any doubt regarding the application or interpretation of this Programme, the clients/holders will be able to address to any branch of BBVA, or in writing to:

BBVA Service of Atención to the Client 

Correos's section 1598
28080 Madrid

You can consult here the bases of the Good-bye Programme Fees.