Banco Hipotecario de El Salvador review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Banco Hipotecario de El Salvador is a straightforward bank for people in El Salvador who want fee free everyday banking alongside lending. Its Visa debit card carries a monthly fee of $0, the savings account holds a variable rate with a minimum deposit of $0, and support runs on phone only.
Key facts
- Best for
- El Salvador residents and business card holders who want fee free daily banking with an easy access savings account.
- Monthly fee
- $0↗
- Card type
- Debit↗
- Card network
- Visa↗
- Legal entity
- Banco Hipotecario de El Salvador, S.A.↗
- Headquarters
- El Salvador↗
- Founded
- 1935↗
- Support channels
- Phone↗
- Features
- Rewards
- Audience
- Business
- Official website
- bancohipotecario.com.sv
Loans
- Loan amount
- $1,000 to $60,000↗
- Term
- up to 108 months↗
- Credit check
- Hard↗
- Rate type
- Variable↗
- Lender type
- Direct lender↗
- Eligibility
- DUI, recent one-month salary certificate, tax clearance for credits over $30,000, AFP statement with 12 months of history, proof of address; card applications are not processed from abroad↗
- Loan types
- Personal, Debt-consolidation, Secured, Guarantor↗
- Pricing model
- No annual fee
Savings
Mortgages
Facts checked September 26, 2026, 13 sources
Apps and profiles
- Elsewhere
- X
Pros and cons
Pros
- A monthly fee of $0 on the debit card, alongside a credit card with an annual fee of $0 and a no annual fee model
- The savings account is easy access with a variable rate, a minimum deposit of $0 and balance available on demand with interest calculated daily
- Lending runs $1,000 to $60,000 for personal, debt consolidation, secured and guarantor loans, with terms of up to 108
- Housing lending offers up to 90% loan to value for purchase and remortgage over a fixed period of 30 years
Cons
- Support runs on phone only, so there is no email, chat or written help centre listed
- Applications use a hard credit check, and a hard check is the norm on the site at 89.9% against 9% for softer checks
- Cards serve a business audience only, so personal cardholders sit outside the range the bank describes
Who it suits
- El Salvador residents building savings on easy access terms with daily interest and no minimum balance
- Savers who accept a variable rate, matching 71.1% against 28.9%
- Business card users wanting a Visa debit card with a monthly fee of $0 and points worth points
Who should look elsewhere
- Anyone applying from outside El Salvador, as card applications are not processed from abroad
- Borrowers who need a soft prequalification, since the credit check is hard
- Savers who want a fixed rate, as the savings account is variable and fixed terms account for 0.2% of the site
How Banco Hipotecario de El Salvador compares
9.2 vs 9.4
9.2 vs 9.0
9.2 vs 8.9
9.2 vs 9.4
9.2 vs 8.7
9.2 vs 9.2
9.2 vs 9.4
9.2 vs 8.7
9.2 vs 9.3
9.2 vs 8.9
9.2 vs 8.6
9.2 vs 9.2
9.2 vs 8.4
9.2 vs 8.5
9.2 vs 8.8
9.2 vs 9.0
9.2 vs 8.6
9.2 vs 8.3
9.2 vs 9.5
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9.2 vs 9.4
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9.2 vs 9.2
9.2 vs 9.2
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9.2 vs 9.1
9.2 vs 9.1
9.2 vs 9.1
9.2 vs 9.0
9.2 vs 9.0
9.2 vs 9.0
9.2 vs 8.9
9.2 vs 8.8
9.2 vs 8.7
9.2 vs 8.5
9.2 vs 8.4
9.2 vs 8.0- 9.2 vs 8.0
Frequently asked questions
How much does the Banco Hipotecario debit card cost each month?+
The debit card has a monthly fee of $0, so everyday spending carries no ongoing charge from the bank. The card runs on the Visa network. A separate credit card is also offered with an annual fee of $0 and a no annual fee model.
What does the savings account pay and can I withdraw any time?+
The savings account is an easy access account on a variable rate, with a minimum deposit of $0. The balance is always available on demand, interest is calculated daily and capitalised quarterly. Easy access accounts make up 75.2% of the accounts on the site.
Is the money in my account protected?+
No protection scheme or regulator is listed for this brand, so there is no deposit protection cover to rely on in the published material. The bank describes its savings purely on interest and access terms. Check the current terms with the bank before holding a large balance.
How do I contact the bank if something goes wrong?+
Support runs on phone only, so a phone call is the listed route for help. Email, live chat and a written help centre are not offered, which is narrower than the site average where help centres appear on 73.1% of listings.
What kind of loans does the bank offer?+
Personal and consumer lending covers personal, debt consolidation and secured loans, with amounts of $1,000 to $60,000 and terms of up to 108. Personal loans are the most common type on the site at 97.8%, ahead of secured lending at 28.3% and debt consolidation at 36.8%.
Can I get a mortgage from this bank?+
Housing lending goes to a maximum of 90% loan to value for purchase and remortgage over a fixed period of 30 years. The lending is direct rather than arranged through a broker, and the maximum loan to value here matches the site median of 90%.
What paperwork do I need to apply?+
Applications ask for a DUI, a recent salary certificate, proof of address and an AFP statement showing the required history, with tax clearance for credits over the stated threshold. Card applications are not processed from abroad, so the account holder must be in the country.
Does the credit card earn rewards?+
The card range includes rewards, with rewards paid as points that can be exchanged through the bank's points scheme. A credit card is offered, and the card range is aimed at a business audience rather than general personal customers.
Sources
- bancohipotecario.com.sv/creditos-personales-o-consumo checked September 26, 2026
Backs: Loan amount, Eligibility, Loan types, Term
- bancohipotecario.com.sv/nuestra-historia checked September 26, 2026
Backs: Lender type
- bancohipotecario.com.sv/preguntas-frecuentes checked September 26, 2026
Backs: Credit check
- hipotecarioprd.azurewebsites.net/en/corporative-informati... checked September 26, 2026
Backs: Founded, Legal entity
- pitchbook.com/profiles/advisor/501303-79 checked September 26, 2026
Backs: Headquarters
“headquartered in San Salvador, El Salvador”
- bancohipotecario.com.sv checked September 26, 2026
Backs: Monthly fee
- bancohipotecario.com.sv checked September 26, 2026
Backs: Support channels
“2250-7000”
- bancohipotecario.com.sv/canjea-tus-puntos checked September 26, 2026
Backs: Features, Rewards type
- bancohipotecario.com.sv/credito-para-vivienda checked September 26, 2026
Backs: Fixed period, Maximum loan to value, Purpose
- bancohipotecario.com.sv/cuenta-de-ahorro checked September 26, 2026
Backs: Access terms, Account kind, Rate type
- bancohipotecario.com.sv/cuenta-sumate checked September 26, 2026
Backs: Minimum deposit
“Monto de apertura: $0.0”
- bancohipotecario.com.sv/tarjeta-credito checked September 26, 2026
Backs: Annual fee, Card kind, Pricing model
- bancohipotecario.com.sv/tarjeta-de-debito checked September 26, 2026
Backs: Card type, Card network
“Visa Clasica”
- bancohipotecario.com.sv/tarjetas-bh checked September 26, 2026
Backs: Audience
“Tarjeta Empresarial”
Compiled from 14 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Related by the facts
Banco Hipotecario de El Salvador
El Salvador residents and business card holders who want fee free daily banking with an easy access savings account.