Latest news with #FlexAccount
Local Spain
11-06-2025
- Business
- Local Spain
REVEALED: Spain's best high-yield savings accounts in 2025
Pinpointing a truly high-yield savings account in Spain is a bit like finding a needle in a haystack, seeing as they're very few and far between. In the UK or US for example you can find many 5 or even 6 percent yield rates, but in Spain that's not the case and almost all savings accounts go up to just 2.5-3 percent. There are banks that offer higher initial rates, but this may only be for a few months and they usually come with extra conditions. It's also important to remember that any gains from a cuenta remunerada, as high-yield savings accounts are called in Spanish, must be declared on your tax return and the applicable tax paid. Now that prices have gone up so much though, knowing where to find the best savings accounts in Spain can be a big help. Here's what you need to know about the best high-interest accounts in Spain as of June 2025. Raisin Cuenta de Bienvenida: The Raisin Cuenta de Bienvenida or welcome account offers one of the highest percentages of APR currently at 3.60 percent on amounts up to €60,000. Unfortunately though they only offer this rate for the first three months. At the end of the three months, you can transfer your money to a savings product from one of its partner banks. The account is commission free and 100 percent online. As the name suggests it's only for new Raisin customers. Bunq Free Account: Bunq offers a commission-free savings account with a 2.26 percent interest rate on the account balance and weekly interest payments. You can link it to your Bizum account, and you are allowed make up to two withdrawals per month. Customers also get a free prepaid virtual card. Revolut's Savings Account: Online bank Revolut offers 2.53 percent APR up to a maximum of €100,000 for this online account. In order to benefit, you must sign up to their Ultra plan which costs €55 per month. You can also get free transfers with the SEPA zone. Trade Republic Savings Account: Trade Republic's Savings Account offers 2.27 percent APR on unlimited cash balances. You receive interest once a month and have the flexibility to take out your money when you want. You can also get a free card and 1 percent back on your accepted monthly card payments up to €1,500. Klarna Flex Account: Klarna offers a 2.25 percent interest-bearing, fully accessible flex account with no fees. You can open your account from the app in just a few minutes and deposit an amount with no minimum balance. Interest is calculated daily and paid monthly. B100 Savings Account: This account offers 2.25 percent APR if you open a savings account and a 3.20 percent APR yield for the Health account. The maximum amount you can invest is €50,000 in each account. It also offers free cash withdrawals in Spain. Bankinter Smart Digital Account: This account offers 2.5 percent APR up to €150,000 if you get your salary paid in and link it to your Bizum account. The rate is only guaranteed for the first three months. After the fourth month, they check if the requirements are met, if not it decreases to 2.12 percent. You can also benefit from free EU transfers, a free debit card and no commissions or fees. This is available for new customers only. This offer is only available until July 22nd 2025. N26 Savings Account: If you connect your Bizum to the account, N26's online service will offer you 2.25 percent APR with the flexibility to access your money whenever you want. The interest rate applies to deposits of up to €50,000. There are no fees, but you must be a new customer to benefit.
Western Telegraph
09-06-2025
- Business
- Western Telegraph
Nationwide confirms some members will receive a free £200
The bank has delivered "Fairer Share" payments in recent years, and there's been anticipation from members about whether they'd be getting the cash in 2025. Nationwide confirmed that more than four million customers will each receive £100 in Fairer Share payments. The £100 will land in eligible current accounts from June 18 to July 4. To qualify, members must use Nationwide for their "everyday banking" and have an eligible savings or mortgage product with them. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 And those who have missed out, and did not have their main current account with Nationwide as of March 31, could get their hands on a free £200 boost by taking up a switching offer. Those who do not have their main current account with Nationwide can take advantage of a £200 Member Exclusive Current Account Online Switch Offer. Existing customers who decide to switch their main bank account to Nationwide will get the cash if they carry out a full online switch to a new or existing FlexPlus, FlexDirect, or FlexAccount. Recommended reading: It's important to note that this switch must involve shutting down the old account You'll also need to transfer at least two Direct Debits, complete the switch within 28 days, and deposit a minimum of £1,000 and make one debit card transaction within 31 days of opening the new account, or initiating the switch to an existing one. Nationwide added: "You can only get this offer if you're switching into a sole or joint account that hasn't had one of our switch offers since 2021."
Glasgow Times
07-06-2025
- Business
- Glasgow Times
Nationwide confirms some members will receive a free £200
The bank has delivered "Fairer Share" payments in recent years, and there's been anticipation from members about whether they'd be getting the cash in 2025. Nationwide confirmed that more than four million customers will each receive £100 in Fairer Share payments. The £100 will land in eligible current accounts from June 18 to July 4. To qualify, members must use Nationwide for their "everyday banking" and have an eligible savings or mortgage product with them. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 And those who have missed out, and did not have their main current account with Nationwide as of March 31, could get their hands on a free £200 boost by taking up a switching offer. Those who do not have their main current account with Nationwide can take advantage of a £200 Member Exclusive Current Account Online Switch Offer. Existing customers who decide to switch their main bank account to Nationwide will get the cash if they carry out a full online switch to a new or existing FlexPlus, FlexDirect, or FlexAccount. Recommended reading: It's important to note that this switch must involve shutting down the old account You'll also need to transfer at least two Direct Debits, complete the switch within 28 days, and deposit a minimum of £1,000 and make one debit card transaction within 31 days of opening the new account, or initiating the switch to an existing one. Nationwide added: "You can only get this offer if you're switching into a sole or joint account that hasn't had one of our switch offers since 2021."
Rhyl Journal
06-06-2025
- Business
- Rhyl Journal
Nationwide confirms some members will receive a free £200
The bank has delivered "Fairer Share" payments in recent years, and there's been anticipation from members about whether they'd be getting the cash in 2025. Nationwide confirmed that more than four million customers will each receive £100 in Fairer Share payments. The £100 will land in eligible current accounts from June 18 to July 4. To qualify, members must use Nationwide for their "everyday banking" and have an eligible savings or mortgage product with them. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: And those who have missed out, and did not have their main current account with Nationwide as of March 31, could get their hands on a free £200 boost by taking up a switching offer. Those who do not have their main current account with Nationwide can take advantage of a £200 Member Exclusive Current Account Online Switch Offer. Existing customers who decide to switch their main bank account to Nationwide will get the cash if they carry out a full online switch to a new or existing FlexPlus, FlexDirect, or FlexAccount. Recommended reading: It's important to note that this switch must involve shutting down the old account You'll also need to transfer at least two Direct Debits, complete the switch within 28 days, and deposit a minimum of £1,000 and make one debit card transaction within 31 days of opening the new account, or initiating the switch to an existing one. Nationwide added: "You can only get this offer if you're switching into a sole or joint account that hasn't had one of our switch offers since 2021."
South Wales Guardian
06-06-2025
- Business
- South Wales Guardian
Nationwide confirms some members will receive a free £200
The bank has delivered "Fairer Share" payments in recent years, and there's been anticipation from members about whether they'd be getting the cash in 2025. Nationwide confirmed that more than four million customers will each receive £100 in Fairer Share payments. The £100 will land in eligible current accounts from June 18 to July 4. To qualify, members must use Nationwide for their "everyday banking" and have an eligible savings or mortgage product with them. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: And those who have missed out, and did not have their main current account with Nationwide as of March 31, could get their hands on a free £200 boost by taking up a switching offer. Those who do not have their main current account with Nationwide can take advantage of a £200 Member Exclusive Current Account Online Switch Offer. Existing customers who decide to switch their main bank account to Nationwide will get the cash if they carry out a full online switch to a new or existing FlexPlus, FlexDirect, or FlexAccount. Recommended reading: It's important to note that this switch must involve shutting down the old account You'll also need to transfer at least two Direct Debits, complete the switch within 28 days, and deposit a minimum of £1,000 and make one debit card transaction within 31 days of opening the new account, or initiating the switch to an existing one. Nationwide added: "You can only get this offer if you're switching into a sole or joint account that hasn't had one of our switch offers since 2021."
