BBVA bank announced a new line of UVA mortgage loans with a reduction in interest rates, but the income and capital requirements to access the most attractive benefit make them inaccessible to the vast majority of Argentines. While the bank promotes a 'Preferential Rate of 7.50% + UVA' as 'ideal for those who prioritize security', the conditions to qualify are extremely exclusive and target an ultra-luxury segment. To access this rate, the bank requires meeting all of the following requirements: Income: To have a salary in BBVA for an amount exceeding $5,000,000 (five million pesos). Investment: To maintain, during the first 24 months of the loan, an investment in the bank of at least $50,000,000 (fifty million pesos) or its equivalent in dollars. Insurance: To contract a Premier Home Insurance and an additional insurance (car, life, etc.). Requires the salary to be paid into a BBVA account. Basic Rate: 17% + UVA. Debt-to-income ratio: To ensure that the monthly payment does not exceed 25% of the declared income. These requirements strongly contrast with the economic reality of the majority of the population. Although a recent INDEC report (for the first quarter of 2025) marked a slight improvement in the Gini coefficient (which measures inequality), it also confirmed the huge income gap. According to that official report, the income of the wealthiest sectors was 15 times higher than that of the least resourceful, a fact that places BBVA's 'preferential' offer as a product accessible only to the top decile of the pyramid. Other, more expensive options For those who do not qualify for the Preferential Rate, the bank offers two alternatives with significantly higher costs: Standard Rate: 10.90% + UVA. This is the only option for those who do not receive their salary into the bank.
