BBVA vs Banorte: which personal loan suits you?
| BBVA México | Banorte | |
|---|---|---|
| APR (CAT) | 38.5% | 42% |
| Amount | $10k–$900k | $10k–$650k |
| Term | 6–60 meses | 12–60 meses |
| Minimum income | $8,000 | $8,000 |
| What sets it apart | Smooth app, approval in minutes if your payroll is with BBVA | Friendlier to foreign residents and to freelancers who can show six months of income |
When to pick BBVA México
If your payroll already lands at BBVA, the 3.5-point CAT difference saves you between 4,000 and 7,000 pesos on a 60,000-peso loan over 24 months. The app pre-approves you with no paperwork once you've been a customer for more than six months. For amounts above 400,000 pesos, BBVA is one of the few banks that go that high without a co-signer.
When to pick Banorte
Banorte wins when you don't bank your payroll with them but you do have steady, documentable income. They more readily accept fee-based contracts, verifiable rent income, and foreign residents with a recent RFC. The rate is higher, but the odds of approval for a mixed profile are noticeably better.
My recommendation
If your payroll is already at BBVA, don't overthink it: that's where you save. If your profile has rough edges — freelance, first credit, variable income — Banorte is worth the extra CAT point to avoid the rejection.
How we compare these two
The figures in the table — CAT, amount, term — come from each institution’s public rate sheet, not from us, and the commercial relationship never changes them. The «cheaper» verdict weighs the total cost for a standard profile; your own CAT depends on your Buró and income, so treat the numbers as a starting point and confirm the final terms on the lender’s site before signing. The order of offers across the site follows our published methodology.
Read the full editorial review of BBVA México or Banorte before deciding.