Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

BBVA Peru review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

BBVA Peru suits everyday spenders in Peru who want one bank behind both a credit card with an annual fee of PEN 0 and a debit card on visa. Points, partner discounts and interest-free installments reward regular use, though currency conversion costs 3%.

Key facts

Best for
Everyday Peru spending with a credit card annual fee of PEN 0.
Currency conversion fee
3%↗
Card type
Debit↗
Card network
Visa↗
Legal entity
Banco Bilbao Vizcaya Argentaria S.A.↗
Headquarters
Spain↗
Founded
1951↗
Support channels
Phone, Help-centre↗
Features
Rewards
Official website
bbva.pe

Credit cards

Annual fee
PEN 0↗
Rewards type
Points↗
Rewards rate
1 punto per S/ 4 spent↗
Perks
Interest-free installments up to 24 months, Discounts at partner merchants, Welcome bonus 4,000 BBVA Points↗
Card kind
Credit↗
Pricing model
No annual fee

Loans

Lender type
Direct lender↗

Savings

Deposit protection
EU DGS up to EUR 100,000↗

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediaXLinkedIn

Pros and cons

Pros

  • The credit card has an annual fee of PEN 0, so there is nothing to pay for holding it.
  • Spending earns points at 1 punto per S/ 4 spent, plus a welcome bonus and discounts at partner merchants.
  • Installments are interest free on the credit card, which helps anyone spreading a larger purchase into monthly payments.
  • Deposits are covered by EU DGS up to EUR 100,000, and the group is listed with the Comision Nacional del Mercado de Valores (CNMV).

Cons

  • Currency conversion on the credit card costs 3%, above the site median of 1%.
  • Support runs on phone and help centre only, so questions go to the phone line or the help centre.
  • The debit card runs on visa alone, so a single network covers the everyday card.
BBVA Peru

Ready to try BBVA Peru?

Scored 9.0 / 10 by SumCue.

See alternatives

Who it suits

  • Peru residents who want everyday spending and borrowing from one lender, listed as direct lender.
  • Card users who prefer collecting points on ordinary purchases.
  • Shoppers who pay at partner merchants or spread a bigger purchase into interest-free installments.

Who should look elsewhere

  • Travellers who pay most of their card bill abroad, because conversion costs 3%.
  • People who want cash back rewards, because the card pays points.

Who runs it

BBVA Peru is the Peru operation of Banco Bilbao Vizcaya Argentaria S.A., which is headquartered in Spain and dates its presence in the country to 1951. Support runs on phone and help centre. The group is also listed with the Comision Nacional del Mercado de Valores (CNMV) as MiCA CASP K8MS7FD7N5Z2WQ51AZ71.

How BBVA Peru compares

Where BBVA Peru is available

Available
Peru
Licence in Spain
Comision Nacional del Mercado de Valores (CNMV) (MiCA CASP K8MS7FD7N5Z2WQ51AZ71), checked September 26, 2026, also valid in Spain

Countries from the brand (Source, checked September 29, 2026)

Frequently asked questions

What does the BBVA Peru credit card cost to hold each year?+

The credit card charges an annual fee of PEN 0, so holding it through a year brings no charge. Beyond that, card customers earn points at 1 punto per S/ 4 spent, a welcome bonus and discounts at partner merchants. The cost that stands out is conversion abroad.

What does it cost to use the card in another currency?+

Currency conversion on the credit card is charged at 3%, which sits above the site median of 1%. Spending in the local currency instead keeps that charge away, and the debit card runs on visa for everyday payments.

Is money held with BBVA Peru protected?+

Deposits are covered by EU DGS up to EUR 100,000. The group is also listed with the Comision Nacional del Mercado de Valores (CNMV) as MiCA CASP K8MS7FD7N5Z2WQ51AZ71, and the entity behind the brand is Banco Bilbao Vizcaya Argentaria S.A.. Money sits with a long established bank rather than an intermediary.

What do I earn when I spend on the card?+

Everyday spending earns points at 1 punto per S/ 4 spent. On top of that the card offers a welcome bonus and discounts at partner merchants, with rewards listed as a card feature. The earn rate therefore applies to general spend, not one category only.

Can I spread a large purchase over several months?+

Yes. Installments on the credit card are interest free, so a larger purchase can be split into monthly payments with nothing added for the borrowing, and the annual fee stays at PEN 0. Partner merchant discounts come through the same card for everyday items.

How do I get help if something goes wrong?+

Support runs on phone and help centre, so help comes through the phone line or the help centre. The group's history in Peru goes back to 1951, and the company behind the brand is Banco Bilbao Vizcaya Argentaria S.A., which is also the name listed in the CNMV register.

Can I hold both a spending card and a credit card here?+

Yes. The range covers a debit card as well as a credit card, with the debit one running on visa. Both are issued by the same lender, listed as direct lender, so one bank can cover both everyday payments and borrowing.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Monthly fee, Free ATM withdrawals, Protection.

Related by the facts

BBVA Peru

BBVA Peru

Everyday Peru spending with a credit card annual fee of PEN 0.

9.0/10See alternatives