AB Plans

Subscription is subject to payment of a monthly package Account Maintenance Fee of 3,99€ for the AB Plus Plan and 8,99€ for the AB Premium Plan, plus Stamp Duty at the legal rate, currently 4%, which will be debited from the respective Current Account.

The opening of an Account is conditioned to the Client’s admission by the Bank, in accordance with its Customer Acceptance Policy. MINIMUM INITIAL DEPOSIT OF €500 (€100 FOR STUDENTS, SALARY DOMICILIATION, WORKSITE PROTOCOLS, AND OPENING VIA VIDEO CALL OR €0 FOR OPENING VIA DIGITAL MOBILE KEY). When you open an Account online, the first transaction you must make is a bank transfer. This amount is Account balance and is entirely at the Client's disposal.​​

**Support Line +351 210 030 700, in or outside Portugal. Personalized service on working days and national holidays (8h-22h), Saturdays (10h-20h), Sundays and remaining holidays (12h-20h). Automatic customer service available 24 hours/day. The cost of communications depends on the tariff agreed with your telecommunications operator.​​

1- Salary Advance​
You can access an advance of up to 100% of your salary on the first day of each month. For example, for a utilized amount of €1,500 over 90 days at a nominal interest rate (TAN) of 10,500%, the interest would be €39.39, plus a Stamp Duty of €1.59, resulting in an effective Annual Percentage Rate (APR) of 11.5%. Stamp duty is exempted for Credit usage up to the amount of the monthly salary Credited to the Account. Subscription is only available for domiciled salaries of €750 or more. Subject to Credit decision. With the AB Plan, you have access to a reduction of the TAN to 0% for the first 3 months and a TAN of 9,000% for the following months that you have the AB Plan. The TAN update will be available on the first day of the month following the subscription, which can take up to 30 days. The reduction of the TAN to 0% can only be used in the first three months of the first subscription of a Plan. To calculate the amount specified in the benefit, the difference in interest paid in a year for an amount of €1.500 used monthly with a TAN of 10,5% and the same amount with the AB Plan promotional TAN of 0% in the first 3 months and 9% in the following 9 months of the year was considered. This interest difference corresponds to an average monthly amount of €4,89 (this calculation doesn’t consider the Stamp Duty).

2- Personal Loan
Exemption of the opening commission for Multipurpose Personal Loan. This commission corresponds to 2% of the amount financed (maximum of €300). TAEG of 11,2% and TAN 8,250%, with a monthly installment of €123,​43, for a financing of €5.000 in 48 months. Total amount charged to the consumer of €6.016,64, including interest and Stamp Duty for the use of credit, on the interest and commission. Exemption of the opening commission for opening credit. Subject to Credit decision. Exclusive contracting through an ActivoBank Branch or the Customer Support line, available inside and outside Portugal +351 210 030 700 (calls to national landline) with personalized service on weekdays (8am-10pm), Saturdays (10am-8pm), Sundays and holidays (12pm-8pm). The cost of communication depends on the tariff you have agreed with your telecommunications provider. The installments of the Credit constitute regular charges in the bank Customer's family budget. It is essential that the Bank Customer previously considers if he has the financial capacity to assure the payment of the installments arising from the loans he intends to contract. For more information on family budget management, consult the "Todos Contam" portal, at www.todoscontam.pt. The granting of Credit is subject to the macroprudential rules of the Bank of Portugal. For the calculation of the value indicated in the benefit, it was considered the dossier commission of the representative example with a value of €100 and a 48 months duration of the contract, being considered the amount of €2,08 per month.

3- Cashback on household expenses​
2% refund on AB Plus Plan and 3% on AB Premium Plan on direct debits in the Current Account, authorized for payments to Portuguese suppliers of water, electricity, gas and telecommunications, up to a maximum monthly amount of €100 on the AB Plus Plan and €200 on the AB Premium Plan in all expenses. Maximum monthly cashback limit of €2 for the AB Plus Plan and €3 for the AB Premium Plan. The cashback amount will be credited to the Current Account at the beginning of the month following the applicable direct debits. Direct debit means subscription of a debit authorization to the Account, in favor of entities that you recognize as your creditors. The refunded amount confers income to the Holder and is subject to a withholding tax of 28%, the amount received through cashback corresponding to the value of the offer already deducted from such withholding tax. Regarding the percentage applicable to the cashback, in case of change of Plan by the Client, the percentage corresponding to the new integrated solution of products and banking services shall apply from the date of the change and, until this date, the percentage corresponding to the old conditions shall apply. ​

4 - GALP Coupons
Offer of 5 cents per liter up to 40 liters. Offer valid for fueling at participating Galp stations. The coupon cannot be cumulated with other valid coupons (paper or digital) at Galp stations. Not applicable to agricultural diesel, heating oil and payments with Galp Frota, Galp Frota Business and Galp+. Not available in automatic payment systems at the station (Via Verde and Pay & Go).

5- AB Gold Credit Card
The AB Gold Credit Card, issued in the name of an Account Holder, is exempt from the provision fee, and the issuance of the Credit Card is cumulatively dependent on the prior subscription of the Application Proposal and the General Terms of Card Use, by each applicant, and the respective acceptance by the Bank, subject to the Bank's free assessment of their creditworthiness. TAEG 17,9% | TAN 12,200% for a Loan of €1.500 paid in 12 equal monthly installments of capital plus interest and charges. Provision fee for the Credit Card is €35,88 (paid monthly in the amount of €2,99). Plus Stamp Duty. Subject to Credit risk analysis.

6- Conditions of access to the campaign of €0,00 for 3 months: Campaign valid from 15/07/2023 to 15/07/2024 for Clients who subscribe to an AB Plus or AB Premium Plan within 30 days of opening an Account in ActivoBank, who do the minimum initial deposit of €500 (€100 for students, salary domiciliation, worksite protocols, and opening via video call or €0 for opening via Digital Mobile Key). The AB Plan subscribed under these conditions exempts, in the month of subscription and in the following three months, the Package Account Maintenance Fee of 3,99€, plus Stamp Duty at the legal rate (currently 4%), for the AB Plus Plan and of 8,99€ for the AB Premium Plan, to which is added the Stamp Duty at the legal rate (currently 4%). After this exempt period, the fee will be debited from the respective Current Account.

7- OSCAR Coupons
Coupon cannot be combined with other valid coupons. It is valid only for OSCAR App services of €20.00 or more and expires after one month from the date of issue.​

8- PoupeUp
The PoupeUp account works similarly to a virtual money box, where it is possible to save money to fulfill a specific objective, defined and freely editable by the depositor. There are different modes where you can define the amount and frequency of the savings or you can set aside a fixed amount of your salary.​