Information subject to the special and general terms and conditions of each policy, as well as subscription terms and conditions. CaixaFuturo is savings insurance from the insurance entity VidaCaixa, S.A.U. de Seguros y Reaseguros, with Tax ID A-58333261. CaixaBank, S.A., exclusive banking and insurance operator for VidaCaixa, S.A.U. de Seguros y Reaseguros and authorized by SegurCaixa Adeslas, S.A. de Seguros y Reaseguros, with tax ID A-08663619 and registered offices at Calle Pintor Sorolla, 2-4, 46002, Valencia. Listed in the Spanish Directorate-General of Insurance and Pension Funds Registry of Insurance and Reinsurance Distributors under code OE0003. It has the corresponding professional civil liability insurance in place to cover any liabilities that may arise due to professional negligence, as required by law. See the company website for more information.
1. The total guaranteed technical interest is 0.5% in the first year; after this period, the interest rate can be renewed according to the conditions that are determined at that time. The guaranteed minimum interest will always be 0.05% until maturity. The new conditions and the renewal interest rate will be established thereafter.
2. The first period of the insurance will have a time horizon of a maximum of ten years. Once the maturity date has expired, the insurance can be extended for periods of 12 months, according to the terms and conditions of renewal. Specifically, the extension will be automatic if the interest rate of €STR is 2.05% or higher. The €STR interest rate is the euro short-term interest rate administered by the European Central Bank and is designed to reflect the cost to banks of borrowing funds on a very short-term (overnight) basis from different counterparties without providing collateral. Otherwise, the extension will be subject to the insurer's decision. The contract will be automatically resolved on the maturity date if the net amount on which the extension is applied is less than €50 or if the insured person has, on the maturity date of the contract or any of its extensions, reached the age of 80 or more. Refer to the terms and conditions of the contract.
3. In the event of redemption or payment upon maturity, the returns are taxed as capital gains. In the event of the insured person's death, the individual beneficiary must pay tax on inheritance and donations tax (ISD) and the amount of the capital will accrue to the rest of the inheritance value for the purposes of tax calculation. As it is a life insurance policy, it allows the beneficiary to have the possibility of applying a single reduction, depending on the degree of relationship with the policyholder. This amount is variable according to each autonomous community.
4. The minimum contribution amount is €50 per month. The maximum contribution in CaixaFuturo is €10,000 per year.
5. It lets you save a maximum of €100,000 per challenge, with a minimum contribution of €20 and a maximum of €100,000.
6. "My challenge" is a type of demand current account with operational limitations intended for receiving deposits. You can set a savings goal or plan that you determine yourself (we provide a tool through the imagin app that lets you estimate the contribution amounts and timeline to reach your savings goal).
7. In order to sign up for "My challenge", you need to have an account open in imaginBank to associate it to. The transfers set up in your savings plan will be charged to the associated account. The associated imaginBank account has a management fee of €0. Transfers between the "My challenge" account and your other accounts made through an ATM or the imagin app have a cost of €0/month. If you carry out this operation at a branch, you may be charged €2 per operation. For further information, see www.CaixaBank.es.
The account does not pay interest. The AER is 0%. 0% NIR. The APR is calculated for a deposit of a customer that maintains an average balance of €5,000 for one year.
