Bankinter acquired the retail business in Portugal from Barclays for 86 million euros, having started its operation in the Portuguese market in early April 2016 with the change of image of the façades of the old Barclays branches, in a remodeling that covered 84 branches all over the country. The full integration of the banking business took place until the end of 2016.
The purchase of Barclays in Portugal by Bankinter, in addition to the retail business, includes life and pension insurance, which was acquired by Bankinter Seguros de Vida for 75 million euros.
Products and services for Individuals
For daily management, Bankinter offers the Most Ordered Account for those who want to domicile their salary, pension or retirement (values above 800 € on average); Regular account with maintenance costs charged to the quarter; B Teen account for anyone aged 17 or under; and the Minimum Banking Services Account with reduced costs.
In mortgage loans, the bank has bet on low spreads and has a wide range of options that includes traditional credit, reduced installments, residual value, and additional financing. Bankinter also provides personal credit lines to its customers with an account.
In the savings segment, the offer varies between Deposits: Term Ratio, Term More Ratio, Net Welcome, Net, Special Foreign Currency and Investment Account.
In addition to the Bankinter Electron debit card, the bank has credit cards available:
- Classic BK