Combined Deposits
Take advantage of a privileged opportunity
Combined deposits allow you to place a part of your savings in a fixed term deposit account and another part in another financial product: either a deposit with different conditions or either an investment fund. In this way you can choose the deposit which best fits you.
Combined deposits offer you:
- Combination of amounts
- Privileged returns
- Early cancellation
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Current offer
Deposit Plus
Deposit for 1 year + investment fund .
Deposit Plus offers you the combination that interests you most
Minimum amount: 600€
Profitability : you choose the profitability that you want for your deposit, from 4 % up to 6 % APR: It will depend on the balance that you contribute and maintain in the said fund during the guarantee period of the deposit and at the time of maturity.
Combined DepositsInterest Combination of deposit and fund 4 % APR
4% nominal annualYou must contribute and maintain an average balance in the fund equal to the amount you have in the deposit. 5 % APR
5% nominal annualYou must contribute and maintain an average balance in the fund twice the amount you have in the deposit. 6 % APR
6% nominal annualYou must contribute and maintain an average balance in the fund of three times the amount in the deposit.
To open this deposit you must subscribe to one of the investment funds indicated in the Deposit Plus
If the average balance of the fund* is lower than that of the deposit, even if you do not purchase any fund stock, or if you decide to use your BS Deposit Plus before maturity, you will be paid 0.5% APR (0.5% nominal annual).
Early cancellation : you can access the invested money at all times before maturity.
Offer valid for cash deposits, cheques or transfers from other banks .
* It is considered a balance increase in the fund associated with new subscriptions or transfers from management funds other than BanSabadell Investment,S.A., S.G.I.I.C. The transfers received in the associated fund from other investment funds managed by Bansabadell Investment are not considered as balance increase.
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By visiting our branches
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- Taxation
Taxation on deposits
The tax treatment of interest generated by your accounts and deposits depends on your tax status in Spain:
Non-Resident in Spain
If you are not resident and provided this can be demonstrated, there is no withholding tax on interest and this is not taxable as income in Spain.
If non-residence in Spain cannot be demonstrated, the 21% withholding tax applies.
Resident in Spain
Interest payments are treated as investment income and added to your taxable savings base (base imponible del ahorro). The applicable tax rates for the savings base is 21% on the first €6.000, 25% on the following €18.000 and 27% thereafter.
At payment time interest is subject to a 21% withholding tax.
Taxation on Investment Funds
Yield on investment funds:- This is considered a capital gain, calculated as the difference between the surrender value and subscription cost. Units sold are assumed to be the first units acquired (FIFO method).
- They are only taxed at the time of surrender. The transfer of a balance from one fund to another is not taxed except for non-resident investors.
Non-resident in Spain (IRNR)
The withholding tax depends on the country of residence:- Residents in countries that have a double taxation agreement with Spain, which establishes a zero or reduced rate, will pay zero or the reduced rate in question when they present a certificate of residence issued by the tax authority in that country. The date of the certificate of fiscal residence must not be more than one year prior to the date on which the return is obtained.
- Those who are resident in countries without a double taxation agreement with Spain or who are unable to present a certificate of fiscal residence, will be subject to the 21% withholding tax.
- The return or yield is added to the taxable savings base. The tax rate applicable to the Savings Tax Base is 21% on the first 6,000 euro, 25% on the following 18,000 euro and 27% thereafter.
- A withholding tax of 21% is deducted at the time of surrender.