Do I have to be a BBVA client?

Yes, to obtain this loan you must have a BBVA account, which is where the money will be deposited and the installments will be charged. If you are not already a client, you can open your account during the process.

How much money can I request?

From a minimum of €1,500 to a variable maximum that can be as much as €50,000. If you need a smaller amount, request one of our credit cards.

When are the payments made?

The payments will be made from your BBVA account on the last day of each month.

What happens if I am late on a monthly payment?

If this happens, late payment interest will be applied. Also, failing to make payments can lead to serious financial consequences (e.g., forced sale of property) and problems with obtaining future loans. You must use financing responsibly in order to be able to cover the repayments and thus avoid possible surcharges in the form of fees or interest.

Does the contract have to be signed before a notary public?

Before signing the contract, you will receive the European standardized information on consumer credit. To grant loans based on prudential and responsible criteria, the bank may request the involvement of a notary public.

Can I change my mind?

Yes, you will have the right to withdraw from the loan contract without incurring a cancellation fee for 14 calendar days from the date you sign. You would only have to pay for the interest accrued during those days.

What if I need more information before applying for the loan?

For more information, you can check the following generic document with pre-contractual content and an example: Download PDF document

What does BBVA payment protection insurance cover?

This is the coverage provided by the Payment Protection Insurance: Death of the insured. Absolute Permanent Disability resulting from an accident: This is understood as an irreversible physical situation caused by an accident resulting in the insured person's total inability to maintain any employment relationship or do any professional task or activity. In the event that no agreement is reached in determining the degree of disability, this will be subject to the opinion of medical experts, as laid out in Article 38 of the Insurance Contract Law. Serious Disability Coverage : Serious Disability shall be understood to be a situation in which the person is subject to absolute permanent disability as a result of anatomical or functional problems resulting in the need for assistance from another person for essential life activities, such as dressing, moving around, eating and similar. The benefits above are mutually exclusive if they refer to the same insured person, meaning only the first benefit to which the insured person is entitled will be paid. If two Insured parties take out the loan, when one of the Insured claims one of the benefits, half of the outstanding loan capital will be paid and the insurance policy will remain valid for the other borrower.

What is meant by NIR and APR?

NIR (Nominal Interest rate) is what you pay to a bank in exchange for receiving a loan. The NIR is usually less than the APR, and cannot be used to compare the prices of different loans , since it only includes the interest rate and not all the expenses associated with the transaction. APR (Annual Percentage Rate) indicates the cost of a financial product such as a loan, including interest and the various associated expenses and fees. This figure lets you compare different loans since the lower the APR, the cheaper the loan.

BBVA Pre-approved Online Loan

Personalized amount, from €1,500.
Instant approval with no paperwork.
Discount for sustainable projects.
Optional payment protection insurance.
Sign online, without visiting a branch.

Are you interested?

Getting your loan is very simple
Go into your private area to see if you've been pre-approved for a loan.

Choose an amount and a term that does not exceed that of your pre-approved loan.

Sign it digitally and the money will be deposited into your account instantly.

The loan will be subject to approval by BBVA.

You have 14 calendar days from the date you sign to withdraw from the loan contract without incurring a cancellation fee; we would refund the commitment fee to you, and you would only have to pay for the interest accrued during those days.

Is your project sustainable?

We'll help you reduce your carbon footprint with this loan for the following improvements:
Mobility: Purchase of electric vehicles, hybrids, installation of charging points for electric vehicles, bicycles (with and without motors) and electric scooters.

Solar panels: Installation of solar panels for self-supply.

Lighting: The lighting system must be in one of the two highest energy efficiency categories.

Check the energy label ratings eligible for a discount at the bottom of this page.

Heating/air-conditioning/ventilation/hot water: All condensation boilers are included, as are HVAC systems, provided that the latter are in one of the two highest energy efficiency categories.

Control and automation: Lighting, HVAC, installation of motion detectors for lighting, and automatically turning installations on and off.

Insulation: Improvements to the thermal insulation of the building envelope (façades, roofs, etc.), adding thermal insulation to the existing insulation, or installing windows with two or three panes.

Household appliances: Purchase of large volume appliances (excluding microwave and small appliances); must be in one of the two highest energy efficiency categories.

Would you like to pay a smaller fee?

Reduce the interest rate by 1% by direct depositing your paycheck

As a BBVA customer, you will have your own NIR and APR for your Pre-approved Online Loan. But if you decide to direct deposit for the life of the loan a paycheck of at least €600, or a pension of at least €300, or an unemployment benefit, the initial interest rate on your loan will be reduced by 1%.

This reduction will be applied at least during the first 3 loan payments. From that moment on, the requirements will be reviewed to verify that the reduction still applies. This same review will be repeated every 6 months throughout the life of the loan.

Do you also want peace of mind?

You are eligible for payment protection insurance

Having the peace of mind of knowing that your loan will never become a burden is something you are probably interested in. That's why we offer Payment Protection Insurance that you can purchase together with your Pre-approved Online Loan.

With this insurance, if any of the circumstances specified in the contract occur, the insurance company will cover the outstanding amount.

See insurance coverage

The price of the insurance will be calculated by adding 1 percentage point to the interest rate of the loan. You can find out the exact amount during the purchase process.

Find out about energy labeling

Your appliance or lighting, heating/air conditioning/ventilation or hot water system must have an A- or B-rated energy efficiency label.

Request your BBVA Pre-Approved Online Loan now

Would you like more information?

This instant loan has a commitment fee that you can view during the application process. Plus, you can repay it early. If you decide to cancel a part or all of your pre-approved loan before the term indicated in the application, you will be required to pay a 0.5% cancellation fee (of the amount to be canceled) if less than 12 months remain to pay off the loan, and 1% if more than 12 months are left.

Be a BBVA customer.

At BBVA we want to help you with your day-to-day errands.
We are working to make your life a little easier with our digital solutions.
Our approach is based on transparency, clarity and responsibility.

Pre-approved loan

BBVA Pre-approved Online Loan

Finance your projects instantly

Are you interested?

Is your project sustainable?

Would you like to pay a smaller fee?

Do you also want peace of mind?

Find out about energy labeling

Request your BBVA Pre-Approved Online Loan now

Would you like more information?

You might also be interested in

Personal Online Loan

Be a BBVA customer.

BBVA Pre-approved Online Loan

Finance your projects instantly

Are you interested?

Is your project sustainable?

Would you like to pay a smaller fee?

Do you also want peace of mind?

Find out about energy labeling

Request your BBVA Pre-Approved Online Loan now

Would you like more information?

What fees are there for the pre-approved loan?

Do I have to be a BBVA client?

How much money can I request?

When are the payments made?

What happens if I am late on a monthly payment?

Does the contract have to be signed before a notary public?

Can I change my mind?

What if I need more information before applying for the loan?

What does BBVA payment protection insurance cover?

What is meant by NIR and APR?

You might also be interested in

Personal Online Loan

Be a BBVA customer.