Banks often offer advantages to clients who direct their payroll. Suppression of commissions, the return of receipts or discounts on purchases are some of them.
It is common for banks to offer a series of attractive advantages to their clients with payroll since directing a recurring source of income to an entity implies an inflow of funds on a regular basis month after month. For this reason, when choosing an account to direct the salary, it is advisable to bear in mind what type of advantages the entity offers us in exchange since it is possible to find better offers in another bank.
From the financial comparator HelpMyCash.com, they corroborate that today it is possible to find common advantages, such as removal of account fees, to profitability, the return of receipts or discounts on purchases. So which is the bank that offers the most advantages in your payroll account?
The Bankinter Payroll Account offers profitability of 5% APR. It is the best remuneration in the current market because thanks to it it is possible to earn up to 350 euros gross in two years. Specifically, the account will remunerate the first 5,000 euros with a 5% APR during the first year and with a 2% APR during the second year.
In addition to its high profitability, the account will be commission-free and has an associated credit card at no cost. The cardholder will also have access to more than 14,000 free ATMs. In order to benefit from all these advantages, it will be required to direct debit a salary or pension of 800 euros, pay three receipts per quarter with the account, and perform three quarterly movements with the card linked to the account.
With Openbank and Banco Mediolanum, it is possible to recover a part of direct debit bills, an advantage that today is very difficult to find. And it is that only these two entities have this bonus.
Openbank in particular offers in its Open Payroll Account the return of 1% of direct debit bills for electricity, gas, telephone, mobile, and internet. Thanks to this bonus it will be possible to save a small percentage of our expenses each month. To obtain this advantage, it will be necessary to direct payroll or recurring income of at least 900 euros.
In addition to all these advantages, the holder will have debit and credit cards without commissions With which you can withdraw money at no cost at the more than 7,000 Banco Santander ATMs for free.
Regarding Banco Mediolanum and its Evolution account, it will be possible to recover up to a maximum of 10 euros per month thanks to the 1% refund of all bills paid to your Evolution Account. This advantage will be exclusive for all those who domicile a minimum of three monthly bills. In addition, in order not to pay commissions, you must comply with some of the requirements of the Mediolanum a Tu Medida program, such as, for example, direct debiting a salary or pension of any amount and be the holder of a product managed by the entity for a value of 25,000 euros.
From HelpMyCash they confirm that one of the main attractions of the ING Payroll Account is that it does not charge commissions even if income is not domiciled on a recurring basis. Despite its name, the account does not require mandatory income to be free, unlike many other banks. In addition, debit and credit cards are also free.
What benefits does ING grant in exchange for direct debiting a payroll? Among the most prominent are the two days free overdraft or a wide variety of discounts belonging to the Shopping Naranja program, which offers 3% when refueling at Galp or Shell gas stations, a 10% discount on fashion in brands such as Springfield and Women’secret or up to 10% in gastronomy in franchises such as Starbucks or 5% in Club Vips, among others.
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