Banks love payroll. For this reason, some offer many advantages to customers who decide to direct their own. Some give gifts, others pay interest, many others allow you to withdraw money abroad for free… There are advantages for all tastes.
One of the main claims that banks use to attract new payrolls is to remove maintenance fees from their accounts. Of course, it is important to review the small letter of the accounts because sometimes in order not to pay commissions it is not enough to simply receive a salary every month, but it is also necessary to direct debit several receipts, make minimal use of the card, take out insurance…
So before signing, it is important to check if the requirements are acceptable and if the advantages of the account meet our needs, as explained by the financial product comparison HelpMyCash.com, which has compared The best payroll accounts on the market.
The Sabadell Online Account for new clients has many advantages: zero commissions, free debit card and return of 2.5% APR the first year for a balance of up to 30,000 euros. In addition, the bank returns 3% of all purchases paid on debit until September 30. To contract it, it is not necessary to direct deposit a salary, but the clients who do so get an extra advantage: 200 euros as a gift in exchange for domiciling a salarya pension or unemployment of at least 700 euros.
The Santander Online Account, also for new clients, has no commissions or conditions. By contracting it, the client will receive a free debit card with which they can withdraw cash at 30,000 ATMs around the world without paying commissions. Depositing the salary is optional, since the account is free whether the client receives his salary or not, but those clients who receive their salary or pension every month can earn money; specifically, 150 euros if the salary or pension is 600 euros and 350 euros if the income is 2,500 euros or more. Of course, if the client wants the gift, he has to fulfill a stay of two years.