Gifts in exchange for direct debit of the payroll in a certain bank have always been a classic … but a classic that has fallen into disrepair in recent years. The mythical tableware, televisions or game consoles are no longer so frequent, and neither are cash remuneration . However, for some time, the bank has once again used the claim to give money to those clients who pay their payroll, with amounts that reach 300 euros in some cases , in exchange for the client marrying them a minimum of 24 months, almost always.
This gift in the form of cash has one objective, and it is to link clients to try to direct them later towards products that are more profitable for entities due to the commissions they generate, such as insurance or investment funds themselves . Now, reading the fine print of all the promotions that now circulate in bank windows is key. In the case, for example, of Abanca , which is one of the two banks that raises its payroll to 300 euros of at least 600 euros, it only offers that amount to customers in Madrid. For the rest of Spain the amount drops to 150 euros. In both cases the permanence reaches 24 months.
Bankoa also offers 300 euros. In your case, for the account to be free, the customer must meet one of the following four requirements: make purchases with a Bankoa credit card of at least 2,000 euros during the last 12 months; maintain a balance in investment funds, pension plans of the entity, Gerokoa pension plans, individual EPSV – the last two aimed at residents of the Basque Autonomous Community. equal to or greater than 8,000;_contract home, life, health, auto and accident insurance through Bankoa; or that the balance of the contracted products, whether investment or financing, is equal to or greater than 25,000 euros. The minimum amount to access this offer is also higher than the previous one, 1,200 euros for at least 24 months. In the event of non-compliance, the client must reimburse the entity the proportional part of the incentive for the months remaining to reach said term.
There are three other banks that offer amounts ranging between 100 and 200 euros for direct debit payroll (see graph). This last figure is the one that Cajamar gives for amounts from 1,200 euros that reach the entity for the first time.
The bonus goes down to 100 euros for payrolls of amounts greater than 950 euros. In your case, it requires a longer stay of 36 months. Failure to comply with it, the client is obliged to pay a penalty of 100% of the bonus in the event that the breach occurs in the first year, 66.5% if it is in the second and 33.5% if it occurs. In the third.
They are paid, specifically, as income from movable capital
Liberbank , for its part, offers 150 euros for payroll from 600 euros ?? it is also valid for self-employed social insurance for an amount greater than 250 euros ??, with the condition of being the owner or hiring a debit card. In this case, the commitment to stay is 24 months. Finally, BBVA also joins this trend, with the gift of 100 euros, for payrolls starting at 8,000 euros.
In addition to all of the above, the way in which cash gifts are taxed must also be taken into account (which also applies to those received in kind). Specifically, they are taxed as income from movable capital and are included in the tax base of savings.
For gifts of up to 6,000 euros , which would be the case with current offers, the Tax Agency keeps 19%. In gifts that exceed this amount, up to 50,000 euros, the tax rate to be applied would be 21%.