The bank maintains savings accounts for people over the age of 65

A good part, if not all generation of adults to this day, they had and even managed, depending on the age group, savings books. Those little cards that have each of them on them bank transactions (date, concept, amount entered or withdrawn, payments…) made by clients and displayed on their accounts. The intrusion of the digital environment into the relationships of financial institutions with their clients has suppressed this product to the extent that it has almost disappeared.

However, that third of citizens from the total number bank clients which have over 65 yearsyou will still have help at hand savings books. This is the segment of the population that has the most difficulties when working with mobile applications or inquiries at ATMs with a card.

And that precisely in order to fight against his own financial exclusion and to ensure that the most vulnerable elderly can remain in their “analog bubble”, which is why the Government, bank employers and user associations have agreed to keep bank records for this group. The pact, signed last Thursday, was particularly celebrated by Carlos San Juan, a 78-year-old pensioner who promoted the ‘I’m an Elder, Not an Idiot’ campaign to demand “more humane” treatment in branches towards this group population. The survival of this kind of banknote book was one of the points that the protagonist of the campaign liked the most because, he assured, the elderly have no alternative, they have to switch to a card and, necessarily, in order to see the history of their small finances, they have to access it digitally, and they cannot do that .

“Not only are they late to digitalization, but they will never be able to access it mainly because of their economic resources that do not allow them to use the Internet, let alone own a smartphone,” Carlos San Juan insisted.

Generally speaking, the demand for this type of primer is almost non-existent in age groups except those older than 65 years. However, there are banks that make them available to clients from the age of 24 onwards.

more than 13 million

Large banks in the country total approx 13 million savings cards in circulation, claim sources from the sector, and to that should be added those corresponding to other banks that are not listed on the Stock Exchange. Users who have already contracted a savings book, with a corresponding renewal every time they end, continue under the same conditions, mostly free of charge. However, for new users this service is penalized with maintenance fees or is simply no longer offered. Nevertheless, for the Spanish Association of Banks (AEB), there is no risk of deletionsince the entities have no intention of withdrawing them.