Sabadell Negocios Plus Account and Sabadell Negocios Account

Offer valid until 31/12/2023, exclusively for new Banco Sabadell clients that are self-employed workers, retailers and small businesses registered with the bank between 01/01/2023 and 31/12/2023.

1. The requirement established in the contract will not apply during the first 6 months of holding a Sabadell Negocios Account. From the seventh month onwards you’ll only need to have your salary or regular monthly income for a minimum amount of €700 deposited by direct debit, excluding income from accounts opened in the Banco Sabadell group in the name of the same account holder.

The account maintenance fee is €100 a year, which will be settled quarterly (€25/quarter). Profitability of the account: 0 % Nominal Interest Rate (NIR). Annual Percentage Rate (APR): -3.940 %, e.g., if an average balance of €2,500 is maintained for 1 year.
Reimbursement of the total amount of the maintenance fee (profitability on the account of 0 % NIR and 0 % APR ) if the account holder has taken out any of these insurance policies listed below through the bank and mediated by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell, S.A., NIF A-03424223: Car Protection, Business Premises and Office Protection, Business Protection, Self-Employment Subsidy Protection, Life Protection, SME Life Protection, SME Health Protection, Civil Liability or Professional Liability.
Reimbursement of half the maintenance fee (profitability of the account: 0 % NIR and -1.9850 % APR, e.g., if an average balance of €2,500 is maintained for one year), if one of the following alternative conditions is met by the business over the last three months :
- Having carried out a minimum of 60 purchase transactions with the point of sale (POS) terminal contracted through the bank.
- Having billed a minimum of €6,000 with the POS contracted through the bank.

- Having 6 debit entries for payroll, tax or social security payments debited to the account.

2. The requirement established in the contract will not apply during the first 6 months of holding a Business Plus Sabadell Account. From the seventh month, there must be a minimum deposit of €3,000 per month. This requirement must be met on a monthly basis, and if it is not met for two consecutive months, the Sabadell Negocios Plus Account will automatically be converted into a Relationship Account. Income from accounts opened with the Banco Sabadell Group in the name of the same account holder are excluded.

3. Interest rate: 0.00%. The drawdowns are interest-free. APR from 6.33% to 10.90%. Amount from €3,000 to €30,000. Term: 6 months. Arrangement fee: 3.00% (minimum €150).
   The calculated APR (Annual Percentage Rate) may vary, depending on the amount of the transaction and the 3% arrangement fee (with a minimum of €150), which is not financed. Assessment fee of 0.00% and no-drawdown fee of 0.00%. Interest paid quarterly on the last day of the calendar quarter and on the maturity date of the loan agreement. The repayment system of the principal amount of the credit is at maturity.
   Example Calculations:
   APR: 6.33% for a total credit amount of €30,000 to be repaid in 6 years at a fixed 0.00% nominal interest rate (NIR). In an example in which the settlement period begins on 01/01/2023. Arrangement fee: €900 (3%). Total interest: €0. Total cost of credit: €900. Total amount payable: €30,900. Capital to be repaid at maturity on 31/12/2023: €30,000.
   APR: 10.90% for a total credit amount of €3,000 to be repaid in 6 months at a fixed 0.00% nominal interest rate (NIR). In an example in which the settlement period begins on 01/01/2023. Arrangement fee: €150 (3%, minimum €150). Total interest: €0. Total cost of credit: €150. Total amount payable: €3,150. Capital to be repaid at maturity on 31/12/2023: €3,000.
   The granting of the loan, its amount and the repayment period for each mortgage application will be determined by and subject to the Bank’s risk criteria.

4. NOMO is a registered trademark of Sabadell Innovation Cells S.L. (a wholly owned subsidiary of Banco de Sabadell, S.A.).

5. CRISTALWARE CONSULTING SERVICES S.L.U. is the entity in charge of the telephonic legal advisement service and PEOPLE VALUE, S.L. is the entity in charge of the discount and benefits service. The aforementioned services shall be provided in accordance with the conditions established by the said entities at any given time, without any involvement or responsibility whatsoever on the part of Banco de Sabadell, S.A. The bank shall not be held liable for any incident and/or circumstance deriving from or related to the provision of the services, which, in any case, are subject to the current agreements signed between the bank and the said entities. The telephone legal guidance service will not cover questions or possible incidents in the client’s activity,which may affect their relationships with companies in the Banco Sabadell group, subsidiaries or investees.

6. The calculation of the APR (Annual Percentage Rate) may vary, depending on the amount of the transaction and the 3% arrangement fee (with a minimum of €150) which is not financed. Assessment fee of 0.00% and no-drawdown fee of 0.00%. The Interest settlements are monthly and are made on the last day of the calendar month and on the credit agreement's date of maturity. The system for the repayment of the requested principal amount of the credit is upon its maturity.

Calculation examples:
APR: 3.09% for a total credit amount of €30,000 to be repaid in 1 year at a fixed 0.00% nominal interest rate (NIR). In an example in which the settlement period begins on 31/01/2022. Arrangement fee: 900 euros (3 %). Total interest: €0. Total cost of the credit: €900. Total debt amount: €30,900. Principal amount to be returned upon maturity on 31/01/2023: €30,000.
APR: 5.26% for a total credit amount of €3,000 to be repaid in 1 year at a fixed 0.00% nominal interest rate (NIR). In an example in which the settlement period begins on 31/01/2022. Arrangement fee: €150 (3 %, minimum €150). Total interest: €0. Total cost of the credit: €150. Total debt amount: €3,150. Principal amount to be returned upon maturity on 31/01/2023: €3,000.
The granting of the loan, its amount and the repayment period for each transaction requested will be determined by and contingent on the bank’s risk criteria.

7. No transaction or maintenance fee will be applied during the first 6 months of hiring the POS. The JCB, CUP and MasterCard B2B cards that form part of the GWTTP programme are excluded from this special offer, as well as transactions made using Alipay and Bizum payment systems. Offer not applicable to virtual POS or commercial chains or businesses with an annual turnover totalling over €120,000. 

From the seventh month onwards, the percentage fee of 0.40% will be applied directly to all cards issued in Spain and those of European individuals and a minimum fee of €0.07 per transaction will be applied. Cards from outside Europe, JCB and CUP cards and those of European companies incur a fee of 1.80 % + €0.39, with a minimum transaction fee of €0.46. MasterCard B2B cards that form part of the GWTTP programme incur a transaction fee of 2.95%.
During the first 6 months, the POS terminal maintenance fee will be waived with the Sabadell Negocios Account. From the seventh month onwards, the monthly POS terminal maintenance fee to be applied will be €6. 
The flat rate depending on the billing must be requested at a Banco Sabadell branch after the first 6 months of the special offer. Any billing in excess of this amount will be charged at 1.10%. Only one free POS terminal per store. Additional POS terminals will incur a maintenance fee of €3 per month.