All the benefits you can get depending on which bank you pool your assets with

For retirees and retirees in Argentina, Guarantee A Free bank account The collection of salaries is an established organizational achievement. But it’s not just about meeting this minimum: with a good choice of bank, this account can be turned into a benefits-enhancing card Monthly credit Through returns, discounts and refunds.

Therefore, if you are collecting through the National Social Security Administration (ANSES), it is essential that you are able to evaluate your current bank and compare it with the proposals of other entities, as it may be worth making the change to “Get more out of your retirement”.

Law No. 26704 states that Social Security benefits must be deposited in A bank account in the name of the beneficiary. This account cannot have withdrawal limits or generate costs for opening, holding or withdrawing funds.

In practice, this means that if you collect a pension, ANSES pension or a non-contributory pension, You can choose which bank will receive your balance. Moreover, the bank is obligated to open a Commission-free account. This guarantee is also backed by BCRA regulations relating to Social Security accounts.

• Opening and maintenance Free.

• Free debit cardReplacement included, Unlimited and free withdrawals (window counter, ATM of any bank).

• Free home banking or mobile banking To work.

• Transfers, payments and movements without commissions (To the extent required by regulations for salary/pension accounts).

. If this is your first time collecting your superannuation: When you perform the procedure in ANSES you can choose the bank where you want to collect and the account is opened automatically.

. If you are already collecting at another bank and want to change: You can request a change of payment entity through the ANSES website or in person; The new bank will open the account. All you need is your ID and the bank you want to be credited to.

Although the basic account is already free, each bank can add it Attractive additions To attract retirees as clients: returns on balances, refunds, special discounts, loans on favorable terms, etc. Below are some of the most popular banks with their benefits.

benefits: Automatic return on balance (paid account), additional 5% back on purchases with BNA+ MODO in participating stores and selected promotions in supermarkets and pharmacies.

Limit/condition: Refunds and fees apply to specific balance and consumption limits; Requires use of indicated application/methods. To know more details, go to https://www.bna.com.ar/Personas/CuentaPrevisional

benefits: QR discounts and promotions by category (exhibitions, supermarkets and participating companies), gift credit for people over 60 in some months, and periodic special campaigns.

Limit/condition: Many benefits are settled using the DNI account app and have specific limits or days. To know more details, go to https://www.bancoprovincia.com.ar/web/cobra_tu_jubilacion

benefits: Specific bonuses such as 30% in pharmacies on Mondays (with a monthly limit), a welcome bonus for retirees and a pension package with loans at a differential rate.

Limit/condition: The monthly limit for discounts in pharmacies. Payment by bank card is required. To find out more details, go to https://www.bancociudad.com.ar/institucional/micrositio/CuentaJubilacion

benefits: Welcome promotions that may include one-time cashback (e.g., up to $140,000 depending on certification levels), commission-free accounts and cards, and rewards on transactions through the Link/Banelco network.

Limit/condition: Many promotions require you to deposit balance for two consecutive months and meet minimum amounts to receive cash back. To know more details, go to https://www.hipotecario.com.ar/beneficios/

benefits: Welcome gift and refunds; Promotions in supermarkets, pharmacies and opticians (savings of up to 25% reported on selected items and discounted bundles). Also bundles with 100% discounted cards.

Limit/condition: Monthly limits and conditions on the cards. To find out more details, go to https://www.galicia.ar/personas/cobrar-jubilacion

benefits: Announced welcome bonus (e.g. $160,000 varies by promotion) and periodic cashbacks: up to 30% at pharmacies/supermarkets on select days, 12-month insurance package and dollar cash register at no cost.

Limit/condition: Maximum monthly refunds and terms related to cards or media that use the refund. To know more details, go to https://www.bbva.com.ar/personas/productos/jubilados

benefits: Pay attention to priority, bonus cards and accounts, discounts at optical stores, pharmacies, supermarkets, products with preferential terms (loans, insurance).

To find out more details, go to https://www.icbc.com.ar/personas/jubilaciones

benefits: Free account and card, promotions such as savings in supermarkets and pharmacies (for example, up to 25% in selected stores), free months in rewards programs and preferential rates on loans.

Limit/condition: Offers are subject to monthly requirements and limits. To find out more details, go to https://www.santander.com.ar/personas/jubilados

To take full advantage of the advantages, you need to take into account the following criteria:

• Approval of assets: Check if the bank requires you to collect your superannuation or pension there to get the additional benefit.

• Specific benefits: Do they offer you returns on the account balance? Refunds or discounts in supermarkets/pharmacies? Free card? Priority concern?

• terms of use:Does it require you to use its own application? Do you make purchases using a credit or debit card? Monthly benefit ceiling? What are the participating sectors?

• Change entity: If you have already collected at another bank, you can make the change through ANSES online or in person. Check processing times and that the free account is enabled without delay.

• Avoid hidden costs: Although the basic account is free, be careful if you contract for additional products (credit card, insurance, etc.) that may have fees.

• Compare offers: Although all banks are required to open a free account, additional benefits (returns and withdrawals) vary widely between entities. Choose the option that suits you based on your purchasing habits and account management.