2026-06-11
BBVA vs Banorte: debt consolidation
| BBVA México | Banorte | |
|---|---|---|
| CAT (Costo Anual Total — Mexico's all-in annual cost figure) | 36% | 39% |
| Amount | $20k–$800k | $20k–$600k |
| Term | 12–72 months | 12–60 months |
| What sets it apart | Consolidation with direct payoff to the original debt (the cash never lands in your account) | Accepts consolidating store cards (Liverpool, Suburbia, Coppel) and payroll loans from other banks |
When to pick BBVA México
BBVA closes the consolidation with a direct payoff: the money never passes through your account, it goes from the bank straight to the original card. That cuts the risk of "I pay off the card and then run it back up." A 3-point lower CAT than Banorte is real money.
When to pick Banorte
Banorte will consolidate products that BBVA will not touch: department-store cards and payroll loans held at another bank. If most of your debt is Coppel plus Liverpool plus Suburbia, Banorte is one of the few that will roll all of it into a single payment.
My recommendation
Mostly bank debt: BBVA for the rate. Mixed debt with store cards: Banorte.