Main Advantages of ABANCA Current Accounts

Main advantages of ABANCA current accounts

Opening a bank account should be the easiest step in managing your money, not a puzzle. At ABANCA, we design our accounts with a clear purpose: to offer you a transparent, digital tool with no hidden costs. Whether you're a natural saver, an avid traveler, or looking for your first account, we have an option that fits your lifestyle.

Why choose an ABANCA Online Account

ABANCA's philosophy is "zero complications." Most of our Online accounts have no maintenance or administration fees. We want your money to stay where it should: where you can access it whenever you need it.

Fees and conditions: clarity from day one:

Our online accounts have no maintenance fees, and you also won't have to pay for the issuance and maintenance of your debit cards or for standard euro transfers from your app. You will only have to pay in very specific cases (such as overdrafts if charges are made to your account and you don't have sufficient funds, or SMS alert services you have requested). And you will always know what you are paying for.

Table of current fees and rates (Main services):

Service	Online Account	High-Yield Account	Youth Paycheck Account	Youth Non-Paycheck Account	Self-Employed Account	Joint Account
Benefit	Up to 500€ per salary.¹ No fees	2%APR on your savings for the first year with a direct-deposited salary¹	Up to 500€ per salary.¹ No fees	No fees	Up to 500€ for social security direct deposit¹ No fees	2 holders Up to 1000€ per salary¹
Condition	100% digital management	100% digital management	Up to 35 years old 100% digital management	100% digital management	2 holders 100% digital management
Maintenance and administration	€0 by maintaining a digital profile²	€0 by maintaining a digital profile²	€0 by maintaining a digital profile²	€0 by maintaining a digital profile²	€0 by maintaining a digital profile²	€0 by maintaining a digital profile²
Online SEPA transfers	Free for non-urgent shipments in the EU	Free for non-urgent shipments in the EU	Free for non-urgent shipments in the EU	Free for non-urgent shipments in the EU	Free for non-urgent shipments in the EU	Free for non-urgent shipments in the EU
Issuance/maintenance	0 €	0 €	0 €	0 €	0 €	0 €
Cash withdrawal (ABANCA ATMs)	Free	Free	Free	Free	Free	Free
1) 24-month commitment 2) Customers who carry out their usual transactions through the app or online banking. Who do not carry out over-the-counter transactions such as deposits or withdrawals of less than €600 (which can be done at some of our ATMs) or transfers and account-to-account transfers (which can be done for free from the app) for two consecutive months.

Benefits of Direct Depositing Your Salary

By bringing your salary to ABANCA, you can receive up to €500. We not only offer you direct financial benefits, but you’ll also have access to other promotions. Additionally, by having your salary directly deposited, you’ll receive bonuses on lending products.

Security and Protection: Your Peace of Mind Is Our Priority

ABANCA is a member of the Deposit Guarantee Fund for Credit Institutions, which guarantees up to €100,000 per account holder. We also monitor transactions to detect irregular activity and prevent potential fraud.

Digital Accessibility: Your Bank in Your Pocket

Our app is one of the highest-rated on the market. With it, you can:

Send money instantly with Bizum.
Make free SEPA transfers for non-urgent payments within the EU.
Manage and return direct debits with a single click.
Turn your cards on and off for security.
Apply for new products 100% digitally with biometric signature.

Cards and International Operations

Do you like to travel? With our cards, you can withdraw cash abroad and make purchases in other currencies under very competitive conditions. Forget about high fees when paying for dinner in London or New York.

Tailored to Different Profiles

We don’t all need the same things. That’s why we offer advantages tailored to each client:

Young people: Accounts for those under 35 with benefits for your travels.
Families: Joint accounts for easier shared management and specific accounts for minors.
Businesses: Accounts tailored to your business needs, with benefits for your payment solutions (POS) and customized financing.

Physical Network and Hybrid Service

Although we are a digital bank, we have more than 900 branches where we can assist you in person. We believe in a hybrid model: do everything from your mobile, but come see us if you need expert advice for a mortgage or investment.

24/7 Specialized Support

If you lose your card at 3 a.m. on a Sunday, we’ll be there. We offer immediate assistance through the app and phone banking. We’ll send you real-time security push alerts so you’re always in control.

Access to Complementary Products

Being an ABANCA account holder is your gateway to a complete financial ecosystem:

Insurance: Health, home, and auto insurance with discounts for loyalty. The ABANCA Flat Rate Insurance lets you split your insurance payments into a single monthly bill.
Investment: Access to our online broker and managed funds.
Savings plans: From virtual piggy banks to pension plans.

Why trust ABANCA

Trusting us means choosing a bank that combines cutting-edge technology with the closeness you've always known. Our priority is transparency: no fine print, using language you understand, and providing tools that make your life easier, not more complicated.

Become a customer