Banks have unleashed a war in order to get new customers. There are more and more financial entities that offer promotions and gifts as a way to attract and retain new users.
These are attractive and increasingly large promotions. “We practically went from seeing how banks gave away crockery or 100 euros to rewarding new customers with almost 800 euros,” exemplify the experts of the financial comparator HelpMyCash. Of course, the analysts emphasize that it is necessary to carefully read the conditions and requirements that are required to obtain the prizes. “In some cases, it may be necessary to maintain certain minimum balances in the account or meet linking requirements, such as contracting other banking products or direct debit receipts,” they add. So they highlight the importance of evaluating whether the offer fits the financial needs and objectives of each person.
HelpMyCash has assessed the offer available in the country and has drawn up a ranking with the most outstanding options, among which are the online accounts of Santander, Sabadell and Abanca, which offer various advantages and benefits for their customers.
List of the most attractive bank accounts of the moment
First of all, it is found Sabadell’s online account. “It is one of the most popular options because it gives a return of 2% APR for a whole year for the first 30,000 euros in the account, up to 600 euros gross in 12 months,” the experts explain. The account has no commissions and to get 2% you only have to contract it, without having to meet any further conditions. In addition, if the payroll is domiciled, it gives away an additional 250 euros net. It also allows direct deposit of a pension of any amount or a monthly transfer of at least 700 euros. “In total, if you have 30,000 euros and payroll is domiciled, you could take up to 850 euros,” they add.
Another of the most popular is Santander Bank. With this account, clients can enjoy a series of benefits, such as the exemption of maintenance and administration fees. In this case, the entity offers a welcome gift of up to 350 euros gross to customers who deposit 2,500 euros as payroll, pension or recurring income in the Online Account without commissions and complete a two-year term.
If the salary, pension or monthly income is at least 600 euros per month, then Banco Santander gives away 150 euros. And if your income is 2,500 euros or more, the bank will give you an incentive of 350 euros. “Of course, you will only be able to benefit from the campaign if you have not had your income direct debited in the bank in the previous four months,” they highlight from HelpMyCash.
Another option to consider is the Abanca Clear Account, which also offers a series of benefits and advantages to its customers. This account has no maintenance or administration fees. In addition, the entity offers a welcome gift of 300 euros net if a salary of at least 1,200 euros is domiciled (it will have to be maintained for two years). “Abanca is the bank that gives away the most money directly,” they maintain from HelpMyCash. Those who earn less than 1,200 euros will also be able to obtain a 150-euro gift, also fulfilling a two-year stay. “And in addition, the Galician entity also offers a return of 2% APR for one year for a balance of up to 15,000 euros,” they add.
In conclusion, if what you are looking for is a financial institution that gives money to its clients in Spain, there are several interesting options to consider. In addition to these three options that stand out from the comparator, other entities such as CaixaBank also have attractive gifts such as a Smart TV or a 5% return. Or Cajamar gives you 200 euros gross if the payroll is domiciled for the first time in the entity.