It was founded in the 16th century and culminated a century later at the request of the auxiliary bishop of Toledo don Melchor de Soria y Vera, a native of Jaén. Its real name is that of the Convent of the Franciscan Conception, although it is simply known as "las Bernardas", a name that comes from the protection exercised over it by Cardinal Bernardo de Sandoval y Rojas. It is undoubtedly the most notable monastery in the artistic aspect of the entire city.

Its beautiful facades and convent courtyard stand out. Its interior features a rich collection of paintings by Angelo Nardi.