Sabadell Account profitability
0% NIR. The APR varies depending on the maintenance fee applied, ranging from 0.0% to -9.260% 2.
Sabadell Account
Manage your day-to-day money with a flexible account that adapts to you.
Summary risk indicator applicable to all current accounts
1 /6
This number measures the product risk, 1/6 being the lowest risk and 6/6 the highest.
Banco de Sabadell, S.A. is a member of the Spanish Deposit Guarantee Fund for Credit Institutions. The maximum amount currently guaranteed by the aforementioned fund is EUR 100,000 per depositor.
Do you want to enjoy these advantages?
No fees
- No administration fee per entry.
- No fees for online transfers made in Euro, both domestic and to EEA countries (not immediate).
- No fees for negotiation and clearing of cheques in euros lodged with a Spanish financial credit entity.
Free debit and credit cards
- Enjoy both debit and credit cards without any issuance or maintenance fees.
- They include the Card Protection service and travel accident insurance up to €120,000.
Free cash withdrawals at a wide network of ATMs
- Debit withdrawals are free of charge for any amount at Banco Sabadell ATMs.
- For debit transactions of €60 or more at ATMs of the main banks belonging to the EURO 6000 network: Abanca, Ibercaja, Kutxabank, Unicaja Bank, CajaSur, Caixa Ontinyent and Colonya Caixa Pollença.
Free savings account 1
- When you sign up for the Sabadell Account, the Sabadell Savings Account is included free of charge.
- It makes it easier for you to save little by little, almost without realising it, and you can customise your savings routines your own way.
With more than 1000 branches and specialist managers at your disposal.
Do you want to enjoy these advantages?
No fees
- No administration fee per entry.
- No fees for online transfers made in Euro, both domestic and to EEA countries (not immediate).
- No fees for negotiation and clearing of cheques in euros lodged with a Spanish financial credit entity.
Free debit and credit cards
- Enjoy both debit and credit cards without any issuance or maintenance fees.
- They include the Card Protection service and travel accident insurance up to €120,000.
Free cash withdrawals at a wide network of ATMs
- Debit withdrawals are free of charge for any amount at Banco Sabadell ATMs.
- For debit transactions of €60 or more at ATMs of the main banks belonging to the EURO 6000 network: Abanca, Ibercaja, Kutxabank, Unicaja Bank, CajaSur, Caixa Ontinyent and Colonya Caixa Pollença.
Free savings account 1
- When you sign up for the Sabadell Account, the Sabadell Savings Account is included free of charge.
- It makes it easier for you to save little by little, almost without realising it, and you can customise your savings routines your own way.
How the Sabadell account maintenance fee works
The Sabadell Account stands out for its flexibility. The maintenance fee is adjustable depending on the relationship you have with Banco Sabadell and can go from €240/year (€60/quarter) to €0.
- linkage
< Linkage with the Bank >
+ linkage
How can you reduce the maintenance fee? Here are the details:
You will have a €0 fee if you...
Meet one of the following requirements:
- If you are between 18 and 29 years old.
- Have taken out a mortgage, a personal loan or credit or a renting contract and, in addition, a free or combined insurance policy.
- You have 3 insurance policies.
- You are the holder of a mutual fund or an individual pension plan or an individual insured or social security plan, with an average monthly balance of more than €25,000.
You will be charged a fee of €10 per quarter if you...
Meet one of the following requirements:
- •You have 2 insurance policies.
- •You are the holder of a mutual fund or an individual pension plan or an individual insured or social security plan, with an average monthly balance of more than €10,000.
You will be charged a fee of €20 per quarter if you...
Meet one of the following requirements:
- You are the holder of a mutual fund or an individual pension plan or an individual insurance or social security plan, with a total average monthly balance of between €3,000 and €10,000.
- You have your salary or regular income of at least €700 paid directly into the account, excluding income from accounts opened in the Banco Sabadell Group in the name of the same holder, and also meet one of these 3 conditions:
- Have taken out insurance.
- Have two household bills paid directly from the account.
- If you have made a minimum of two purchases per month with your credit card and charged to the Sabadell Account in the last three months.
You will be charged a fee of €60 per quarter if you...
Do not meet any of the requirements we have set out in the other tabs.
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Please note that all the products we mention, i.e. investment funds, pension and welfare plans, mortgages and loans, renting and insurance, must be contracted with a Banco Sabadell company or marketed through the Bank.
What's more, the Sabadell Account also includes...
A Sabadell Credit Line 3
So you can have extra money when you need it and enjoy it instantly.
You can activate it through our website or app.
Our digital services, 100% free of charge
[Asset Included(Id:6000117968636;Type:GBS_Multimedia_FA)]Banco Sabadell app. Easily manage your account from your mobile or tablet.
[Asset Included(Id:6000117968636;Type:GBS_Multimedia_FA)]Bizum, included in the Banco Sabadell app, to pay for your purchases with your mobile phone or send and request money from your contacts.
[Asset Included(Id:6000117968636;Type:GBS_Multimedia_FA)]Instant Money, to withdraw cash from any Banco Sabadell ATM without a card.
[Asset Included(Id:6000117968636;Type:GBS_Multimedia_FA)]Activate the alert service and we will notify you, for example, when your salary or pension is paid in or when you make a card payment.
How can I open a second account if I am already a Banco Sabadell customer?
Open the Banco Sabadell app , click on the menu on the right and go to the Accounts section. Then click on the + symbol to see the available accounts and their main features.
For more information, see our offer of Banco Sabadell accounts.
For more information, see our offer of Banco Sabadell accounts.
What account products can I sign up for from Banco Sabadell Online?
As you are already a Banco Sabadell customer and account holder, you can sign up for the Sabadell Account and the ILTSA Account from Banco Sabadell Online.
Do I have to be a Banco Sabadell account holder?
Yes, you can only apply for a second account if you already hold an account with Banco Sabadell.
Is there a limit to the number of holders?
Yes, the new account will be based on the account holders selected at the beginning of the process, but you can open it in the name of all, several, or at the very least one of the account holders. However, the ILTSA account can only have one account holder.
Do I need to have my National Identity Card (DNI) up to date in My Profile to open a second account?
Yes, in order to open a second account, you must have a valid and up-to-date National Identity Card (DNI) or Foreign National Identity Card (NIE) in our systems.
If you need to update your DNI or NIE, access your online banking from the Banco Sabadell website, open the drop-down menu next to your name, and go to My Profile. Next, click on My Personal Data and then on Identity Document.
If you need to update your DNI or NIE, access your online banking from the Banco Sabadell website, open the drop-down menu next to your name, and go to My Profile. Next, click on My Personal Data and then on Identity Document.
Do I need to submit any documents to open a second account?
No, you do not need to submit any other document, but your National Identity Card (DNI) or Foreign National Identity Card (NIE) must be valid and up to date in our systems.
If you need to update your DNI or NIE, access your online banking from the Banco Sabadell website, open the drop-down menu next to your name, and go to My Profile. Next, click on My Personal Data and then on Identity Document.
If you need to update your DNI or NIE, access your online banking from the Banco Sabadell website, open the drop-down menu next to your name, and go to My Profile. Next, click on My Personal Data and then on Identity Document.
¿How can I find out if the other holders have signed the contract?
To check the status of the contract and see if the other holders have already signed it, log in to your online banking from the Banco Sabadell website. Then go to My Profile and then to My Documents. There you can check the status of your documents: pending signatures, all my documents and shared documents.
What are the restrictions on the use of this second account?
The account is for personal use, and under no circumstances may be used for professional purposes.
How can I sign the contract?
Signing the contract is the last step in the process of opening the account. After confirming that you have read and accepted the contract, you will receive an SMS on the mobile phone number you provided at the beginning of the process, or a notification from the app, with the confirmation code that you must enter where indicated. This signature system is as valid as a handwritten signature.
Remember that a copy of the signed contract will be available in the My Profile/My Documents section of your remote banking.
Remember that a copy of the signed contract will be available in the My Profile/My Documents section of your remote banking.
Once I have signed the contract, will my new account be activated?
Yes, with the signature of the contract the new account will be activated and fully operational.
Can I withdraw from the contract once it has been signed?
Yes, you can withdraw and cancel the contract free of charge within 14 days of its taking effect without giving any reason and without a penalty.
For more information, you can call the free telephone number 900 700 010 or go to your nearest branch.
For more information, you can call the free telephone number 900 700 010 or go to your nearest branch.
What information will I be provided to sign up for my second account?
When you sign up for your new account online, you will be provided with pre-contractual information, which you can download so that you always have it on hand. The pre-contractual information contains:
- Information document on fees.
- Information leaflet prior to entering into a payment services framework contract.
- Pre-contractual information in accordance with banking regulations.
- Annex of fees and expenses applicable to transfers and cheques through the account.
What additional information do I have about signing up for a new account?
"The following documentation is available at our branches and on the Customer Information section of our website:
(i) Quarterly information on the fees and rates most commonly charged or offered for the most frequent transactions with the most common customer profiles of natural persons.
(ii) List of most representative services associated with a payment account.
If you need to, you can call the free telephone number 900 700 010 for any questions or queries related to the process or the features of the products and services we offer.
(i) Quarterly information on the fees and rates most commonly charged or offered for the most frequent transactions with the most common customer profiles of natural persons.
(ii) List of most representative services associated with a payment account.
If you need to, you can call the free telephone number 900 700 010 for any questions or queries related to the process or the features of the products and services we offer.
1. Sabadell Savings Account linked to your Sabadell Account. The return on the account is 0% APR, calculated for a scenario in which an average balance of €2,500 is maintained constantly for 1 year, applying a NIR of 0% and the account administration and maintenance fee of 0 euros/year. The account is settled on a quarterly basis.
2. APR: -9.260%, calculated for a scenario in which an average balance of €2500 is maintained throughout 1 year, applying a NIR of 0% and with an account management and maintenance fee of €240/year (€60/quarter).
APR: -3,1618% calculated for a scenario in which an average balance of €2,500 is maintained throughout 1 year, applying a NIR of 0% and with an account management and maintenance fee of €80/year (€20/quarter).
APR: -1,590% calculated for a scenario in which an average balance of €2,500 is maintained throughout 1 year, applying a NIR of 0% and with an account management and maintenance fee of €40/year (€10/quarter).
APR: 0%, calculated for a scenario in which an average balance of €2,500 is maintained throughout 1 year, applying a NIR of 0% and with an account management and maintenance fee of €0/year (€0/quarter).
In all cases, the account is settled on a quarterly basis.
3. *For a Sabadell Credit Line of €2,000 to be repaid over 12 months: 11 instalments of €183.25 and a final instalment of €183.19.
Total cost of the credit: €198.94. Interest rate: 17.88%. APR (Annual_Percentage Rate): 19,42%. Interest amount: €198.94. Total amount payable: €2,198.94.
For a Sabadell Credit Line of €5,000 to be repaid over 12 months: 11 instalments of €458.12 and a final instalment of €458.04. Total cost of the credit: €497.36. Interest rate: 17.88%. APR: 19,42%. Interest amount: €497.36. Total amount payable: €5497.36.
In order to calculate the instalment to be paid, the French repayment system is used, which uses a system of constant instalments.
The contracting of a Sabadell Credit Line requires prior knowledge of the contractual conditions. You can view the general conditions of the contract at bancosabadell.com, in the financing section.
Activation of the Sabadell Credit Line requires the express or implicit acceptance of the contractual conditions of all the account holders, if there are several of them. The initial credit limit is common regardless of the number of account holders, and can be revised monthly jointly and severally, without distinction. The monthly limit can go from €2,000 up to €5,000 and the repayment terms can be up to 3, 6, 9, 12, 18 and 24 months. Arrangement fee of 0.00% YES Assessment fee of 0.00%. Fee for early cancellation of the credit: 0.00%.
Offer valid until 30/06/2024.