Up to 3% bonus for transferring your pension plan to BBVA
1% if you transfer up to €8,000.
2% if you transfer up to €25,000.
3% if you transfer more than €25,000.
Terms and Conditions of the promotion
We'll give you up to a 3% bonus on the amount you transfer from a pension plan or an individual employee pension plan (EPSV) with another entity to a pension plan marketed by BBVA or to a Norpensión EPSV individual employee pension plan administered by BBVA.
Remember that you will not be taxed for transfers between pension plans.
A bonus of up to 3% gross on the amount transferred, applicable to transfers coming from pension plans or employee pension plans not managed or administered by the BBVA Group. Transfers must be requested between 10/01/2019 and 01/31/2020, both dates inclusive, and the destination pension plan or individual employee pension plan must be one of those appearing in the tables. This pension plan must not be transferred again later, otherwise the bonus will only be applied to the amount of the estate.
Find the terms and conditions to which you must agree for bonus eligibility in the information attached and available during the pension plans transfer process at bbva.es. As a participant/member you must maintain any pension plans or individual employee pension plans subject to the promotion for a period of 5 consecutive years, counting from the date on which the bonus is credited to you. Otherwise, you will be obligated to return the gross amount of the bonus received to BBVA
Fixed-income plans subject to the promotion
These pension plans invest the majority of their assets in fixed-income (obligations and bonds, treasury bonds, promissory notes, etc.).
Mixed plans subject to the promotion
These pension plans invest part of their assets in fixed-income and the other part in equity. The larger the percentage of equity, the greater the risk will generally be and, therefore, the potential gains will also be higher.
Equity plans subject to the promotion
These funds invest the majority of their assets in equity (shares). Subcategories tend to be established depending on the markets or the business sectors in which they are invested, or other characteristics of the securities.
Bring your pension plan