Investment funds are also an option to save and the market has various formats depending on needs. An investment fund unites resources from several natural or legal persons, which are invested in assets such as bonds or stocks, according to the risk profile, in order to obtain returns.
At BBVA you can open a fund from the BBVA app and investments start at $20,000, with contributions starting at $10,000. Another advantage of the funds is that, if contributions are made from BBVA products, they do not have a 4×1000 charge, as long as they belong to the same and only owner.
Another of the products that have been gaining relevance in recent times are savings accounts with remunerated returns, such as the Digital Fixed Savings Account, which is a savings account with a specific term, has preferential interest rates, and with immediate availability if the money is required. At BBVA, this has a minimum savings amount from digital contracting of $70,000 and the minimum term is 30 days and does not generate an administration fee.
Finally, BBVA also has an initiative that seeks to reward savings, called ‘Volví Gana-Ahorrando’, which applies to clients with payroll, pension payroll, digital, booklet, blue and premium accounts, as well as programmed savings accounts. How My Project Counts. In this way, the entity motivates clients to block the resources in their account and for every $300,000 that increases their savings, they will have an opportunity to participate in a drawing for $300,000 million, which will take place on September 20.
This is how the market has several options to save a part of this extra income. Review which one fits your conditions and expectations to be able to get the most out of the mid-year bonus.
