Saturday, December 4

Bankia customers will not be able to make transfers or use Bizum this weekend


The merger of Bankia and CaixaBank is about to be completed. The technological integration of both entities is expected to begin this Friday, November 12 at 3:00 p.m., after the closing of the offices, and that it takes place throughout the weekend, with the aim that the two banks function as a single entity as of Monday.

The IT integration will involve the migration of 2,500 million digitized documents to the CaixaBank IT platform and will cause the temporary suspension of some operations between November 12 and 14, which will affect the more than seven million Bankia customers.

Undoubtedly, the step prior to Bankia’s final goodbye is one of the most outstanding news in recent days in the banking sector, especially due to the inconvenience it will generate to the clients of the absorbed entity, but it is not the only one.

Financial product comparison HelpMyCash.com explains what operations will be interrupted during the merger of Bankia and CaixaBank in this article, as well as the rest of the news of the last days.

This is how integration will affect Bankia customers

From Friday at three in the afternoon until the data migration is finished, a process that the entity estimates could end on Saturday night, Bankia customers will not be able to send or receive money through Bizum or make immediate transfers.

In addition, they will only be able to access their online banking to check their balance, but they will not be able to carry out operations. Also, the balance of the accounts will stop updating as of Friday, so that customers will not see reflected card payments or cash withdrawals made during the weekend.

Once the technological integration, the web and the app Bankia will disappear. As of Sunday 14, customers will be able to operate through CaixaBank’s digital channels, which they will be able to access with the same passwords they used at Bankia.

In addition, from then on the balance of the accounts will be updated and the movements made by card and the cash withdrawals made during the weekend will be reflected.

Ibercaja gives away 150 euros for direct debit payroll

In another vein, the Zaragoza bank gives away 150 euros net to new customers who hire the Vamos Account before November 30 and domicile a payroll of at least 1,500 euros per month.

Those who adhere to the promotion must commit to keeping their income domiciled for a minimum of two years. Otherwise, they will face a penalty.

The Vamos de Ibercaja Account has no maintenance or administration fees, includes a card without annual fees and allows you to make SEPA transfers online at no cost. In addition, its holders can withdraw free cash at the bank’s own ATMs and three times a month at a wide network of ATMs of other entities.

To benefit from all the advantages of the Vamos Account, it is necessary to meet several connection requirements: direct a payroll or pension of more than 600 euros, although it will have to be at least 1,500 if you want to receive the gift, make a minimum of six movements with a card every six months and pay at least six direct debit bills every six months.

Haitong Bank raises the profitability of its deposits

The Spanish branch of the Portuguese bank has improved the profitability of its deposits by 0.05 percentage points. Now, Haitong Bank pays 0.30 percent APR for six months, 0.31 percent APR for nine months, 0.56% APR at one year and a 0.86 percent APR at two years.

All deposits can be contracted from 10,000 euros online through the Raisin platform and are protected by the Guarantee Fund (FGD) of Portugal.

On the other hand, the Italian entity Banca Progetto has discreetly improved the profitability of its one-year deposit, which has risen from 0.50% APR to 0.56%. It can also be contracted through Raisin from 10,000 euros and in this case the reference FGD is Italian.

4 banks make their mortgages cheaper

open bench it has lowered the interest on two of its mortgages by 0.15 points: the fixed and the mixed one. So the guy from the Fixed Open Mortgage It has gone from 1.30 percent to 1.15 percent at 15 years, from 1.40 percent to 1.25 percent at 20 years, from 1.45 percent to 1.30 percent at 25 years, and from 1.50 percent to 1.35 percent at 30 years.

And the interest for the first 10 years of the Open Mixed Mortgage has been reduced from 1.20 percent to 1.15 percent when the total term is up to 20 years, from 1.30 percent to 1.20 percent. when it is up to 25 years and from 1.40 percent to 1.25 percent when it is up to 30 years (it remains in the Euribor plus 0.49 percent later). These interests are subsidized by direct debiting the income and taking out home insurance.

This entity, in addition, has launched a new Friend Plan to capture mortgage applications: Openbank customers they can earn 200 euros for each friend Invite them to take out a mortgage from this bank (and each invited friend to sign it). As up to 10 friends can be invited, a maximum of 2,000 euros can be won. This promotion is valid until January 31, 2022.

ING, for its part, has also reduced the rates of its fixed and mixed mortgages. The interest on the Fixed Orange Mortgage has dropped from 1.50 percent to 1.40 percent at 25 years, while the rate for the first 10 years of the Mixed Orange Mortgage has gone from 1.25 percent to 1, 15 percent (it remains at the Euribor plus 0.89% for the rest of the term).

To get these rates, you have to domicile the payroll and subscribe the entity’s home and life insurance.

Sabadell Bank is another of the entities that has decided to lower its fixed rates: the interest on its Fixed Mortgage has been reduced from 1.60% to 1.39%. To achieve this, yes, you have to direct your payroll and take out home, life and payment protection insurance from the bank.

MyInvestor, Finally, It has made your fixed mortgage cheaper and the variable one more expensive. In the case of the fixed, it has lowered the 20-year interest from 1.59 percent to 1.39 percent and the 25-year rate from 1.59 percent to 1.49 percent.

And in that of the variable, the initial fixed rate has risen from 1.89 percent to 2.49 percent (the rate from the second year remains at the Euribor plus 0.89 percent). This bank does not ask to contract other products to get those interests.



www.finanzas.com

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