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Expansión Primera Account

Start to monetize your kids’ savings

Cuenta Expansión Primera
These are the advantages:
No maintenance or administration fees. (Net return 0% APR).
0 commissions on your euro transfers. On national territory and in the EEA countries.
Free debit card for kids over 14.
More advantages with Mi Primer Sabadell.

Mi Primer Sabadell
More reasons for opening an Expansión Primera Account!
We will credit you with €30:

  • My First Savings:
    If you make a new monthly contribution to a ILTSA,2 we will refund you 10% of the first periodic contribution (maximum €20).3

  • My first payment:
    If you take out a debit card, we will refund you 10% of your first purchase (maximum € 10).4

1. Offer valid until 30/06/2018.
2. ILTSA: Individual Long-Term Savings Account.
3. Offer only valid for for children under 18 years of age who make a periodic monthly contribution to the ILTSA (new or existing) and provided that the ILTSA is held by the same person as the Expansión Primera Account. Only one promotional payment per contract is allowed and will be paid at the time of the first monthly contribution. The amount paid will be credited to the ILTSA and will be considered an exempt capital income and, therefore it is not subject to tax withholding. If the account is cancelled within 5 years of the first contribution, the tax advantages disappear, and the interest generated and the remuneration received become part of the taxable amount of savings.
4. Exclusive offer for new debit cards issued after 04.09.17, linked to the Expansión Primera Account for holders aged between 14 and 17. Only one payment per holder is allowed and a purchase made with the new card will be subsidized. The amount will be paid in the Expansión Primera Account and will be subject to tax withholding in accordance with current regulations.