Introducing BBVA Préstamo Rápido Online

BBVA offers the Préstamo Rápido Online, allowing you to borrow from 3,000€ to 20,000€ with no document submission. Approval can happen in as few as 8 working hours.

Interest rates start at some of the most competitive levels, especially if you set up direct deposit. The loan is 100% online, and there are zero opening fees, making it a convenient solution if you need funds quickly.

With terms between 24 and 96 months, you have flexibility in choosing a repayment period that fits your budget.

How to Apply: Step by Step

1. Choose the loan amount (between 3,000€ and 20,000€).
2. Complete the online application form.
3. Connect securely to your existing bank if you do not have a BBVA account.
4. Wait approximately 8 working hours for approval via email.
5. Sign the contract online in the BBVA app and receive your funds.

Pros of the Préstamo Rápido Online

One major advantage is speed – money can be available in just minutes if you open a BBVA account during the process. The application is entirely online, streamlining the experience for busy users.

The lack of an opening fee also means more of your funds go directly to your project, rather than charges.

Cons to Consider

Your loan approval relies on connecting to your bank for direct financial information, which some users may not feel comfortable with.

There is also a requirement for a minimum income from salary or pension (450€), making it less accessible for those with alternative sources of income.

Our Verdict

BBVA’s Préstamo Rápido Online stands out for its speed, flexibility, and user-friendly approach. It’s an excellent choice for those needing funds quickly and wishing to avoid paperwork. However, the need for a standard income source and sharing your current bank credentials may not work for everyone. Overall, it’s a solid option for most applicants looking for a fast loan.