Banco Sabadell Savings Account 5, ILTSA
A long-term savings account
Banco Sabadell Savings Account 5, ILTSA
A long-term savings account
Tax benefits
An account for saving more easily
Decide how much to save
The payments depend on you; you choose when to make them and the amounts
For the entire family
An account for each member of the family
matricula-
The keys to your Savings Account 5, ILTSA
Subscribe to it online
You can have it linked to your bank account.
For the entire family
Each member of the family can subscribe to an ILTSA savings account.
No penalties
Cancel the account at any time or withdraw the money if you need it, without any penalties1.
Tax benefits
Exempt from taxation on the income generated five years after it’s been opened.
Subscribe to it online
You can have it linked to your bank account.
For the entire family
Each member of the family can subscribe to an ILTSA savings account.
No penalties
Cancel the account at any time or withdraw the money if you need it, without any penalties1.
Tax benefits
Exempt from taxation on the income generated five years after it’s been opened.
Your Savings Account 5, ILTSA, ready in just three steps.
If you need to,
Once you’ve signed the contract, you can start making your first payments. Remember that you choose how much to save and when.
Discover Banco Sabadell's savings solutions
Allows you to define the rules and the amount of money you want to save.
You’ll always have your money available, without any penalties.
100% online. So you can manage your money from where and how you want.
Apply
See more
Contributions from as little as € 30, with guaranteed net profitability.
You will be able to withdraw your savings whenever you wish, with no redemption penalty.
Almost effortless! Regular or ad hoc contributions.
Take it out
The advantages of digital banking with the best of an expert bank
We answer your most frequently asked questions
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 range of Banco Sabadell accounts.
For more information, see our range 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 account 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 National Identity Card (DNI) or Foreign National Identity Card (NIE), log in to 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 National Identity Card (DNI) or Foreign National Identity Card (NIE), log in to 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 National Identity Card (DNI) or Foreign National Identity Card (NIE), log in to 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 National Identity Card (DNI) or Foreign National Identity Card (NIE), log in to 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 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.
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 to hand. The pre-contractual information contains:
- Information document on fees.
- Information prospectus 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 natural person customer profiles.
(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 natural person customer profiles.
(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.
Features
- Contribute your savings whenever and as often as you wish. The only limit is €5,000 per year.
- Recover 100% of the invested capital.
- No limit to the number of members.
- Full availability of the balance at any time without penalty.
Taxation
After 5 years, the income is exempt from taxation. This product is part of the Long Term Savings Plans, which are characterised by the exemption from taxation of income from securities, provided that the product is not cancelled in full before 5 years. Banco Sabadell's Savings 5 Account, CIALP, is one of these Long Term Savings Plans and its legal status is an account (CIALP).
Do you have any questions? We're here to help you
Branches and ATMs
Virtual Assistant
Available 24/7 on Virtual Assistant button
Contact us
Customer Service
Legal terms and conditions
2 Profitability 0% NIR, 0% APR for daily positive balances. Management and maintenance fees 0 euros/year.
3 Sabadell Savings Insurance is a life-savings insurance policy of BanSabadell Vida, Sociedad Anónima de Seguros y Reaseguros, subject to the terms and conditions contracted in the policy, with Tax ID number A08371908 and with registered offices at Calle Isabel Colbrand, 22, 28050 Madrid, and is registered in the Mercantile Registry of Madrid and in the Registry of Insurance Companies of the DGSyFP with code C-0557 (www.sabadellvida.com). Sabadell Savings Insurance is an insurance brokered by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell, S.A. ("BanSabadell Mediación") and marketed through the network of Banco de Sabadell S.A., entity with which it has signed a distribution network services contract. BanSabadell Mediación's registered address is Plaça de Sant Roc, nº 20, 08201 Sabadell, Tax ID A08000143, and is registered in the Mercantile Registry of Barcelona and in the Administrative Register of Insurance and Reinsurance Distributors of the DGSyFP with code no. OV-0004, acting for BanSabadell Vida, Sociedad Anónima de Seguros y Reaseguros, having taken out a civil liability insurance policy in accordance with the provisions of the regulations governing the distribution of private insurance and reinsurance in force at any given time. Visit www.bancosabadell.com/bsmediación to view the insurance companies with which BanSabadell Mediación has signed an insurance agency contract