In their constant search for new customers, banks spare no effort in launching attractive offers to capture the public’s attention. Among the best-known tactics are so-called “hook offers,” a traditional method that has proven especially tempting to customers. We also offer free money (up to 350 euros) when domiciling the payroll.
In a context where prices are rising and inflation is present, receiving gifts from financial institutions is even more attractive to potential customers. Some banks such as Banco Santander, BBVA, Abanca and Unicaja have this type of gift for both their regular customers and new customers, according to the finance expert, Estefanía González, from the banking product comparator Kelisto.es.
However, it is crucial to be aware that the Treasury will claim taxes from those who benefit from these promotions. Not all banks pass on this tax burden to the client. Currently, imagin, Openbank, Unicaja and Banco Sabadell are the only ones that assume the payment of taxes, freeing their clients from this responsibility.
Banco Santander tops the list of the best gifts
Banks have always offered gifts to their customers to keep them happy when signing up for an account, as Javier Mezcua, HelpMyCash financial expert, points out. “Gifts are another very common hook. Before, new customers could get crockery, saucepans or televisions at their bank branch. Now it is fashionable to give money away and banks are not far behind,” adds the banking expert.
However, it is important to note that these monetary gifts are not permanent and are subject to space and time limitations. That is why, “normally these gifts are offered in exchange for domiciling a salary and a commitment to stay with the bank for one or two years” they indicate from HelpMyCash.
In this way, Banco Santander takes a step forward and surprises us with an irresistible promotion with which you can obtain up to 350 euros (net of personal income tax withholding) when you open an Online Account. The financial institution offers this attractive bonus to those who deposit a salary equal to or greater than 2,500 euros and agree to keep the account active for 24 months.
After this offer, which is positioned as the best today according to Kelisto, BBVA is right behind it. This entity rewards customers who bring their payroll to the entity with a gift of 300 euros in cash (232 euros after taxes). To obtain them, the bank requires that a minimum salary of 800 euros per month be domiciled and that a 12-month stay be respected.
Another bank in the line of 300 euros is Abanca. To do this, it is necessary to open a Clara Account without commissions and direct deposit a salary or a pension of at least 1,200 euros, although you will have to maintain it for two years. “It is a more attractive account than that of Sabadell (give away 200 euros), which is more interesting for those who have more savings,” they say from HelpMyCash.
Accounts that offer gifts under 250 euros
Unicaja up to 250 euros for domiciling income of 600 euros per month and with a stay of 2 years. However, this gift will vary depending on the amount of the salary: if it is between 800 and 1,999 euros, the gift will be 150 euros. On the other hand, if the salary is 2,000 euros or more, you can get up to 100 more euros.
With Banco Sabadell, the customer should only direct deposit a pension equal to or greater than 700 euros through digital channels and contract the ‘Online Account’, which would give access to a 200-euro gift. The same amount that Cajamar offers if the direct debit salary is at least 1,200 euros and a 36-month stay is respected. Other entities such as imagin (up to 150 euros), Openbank (75 euros), Bank Norwegian (30 euros) also give away money for regular income home.
