Banks offer account bonuses with long-term commitments and strict requirements

Spanish banks are offering gifts and cash bonuses for opening new accounts, but these promotions come with strict conditions. Many offers require long-term commitments, such as four years of loyalty, and demand customers meet specific criteria like direct depositing salaries above a certain amount and using bank cards regularly. While some banks like Abanca and Bankinter provide more accessible offers, most promotions are designed to be profitable for the banks by linking customers to multiple products and generating revenue from transactions.