Business · Markets · 5 hrs ago
Spanish banks offer bonuses to attract investment funds from rivals
Spanish banks are offering cash bonuses for moving investment funds from rival banks as they seek to attract more money.
The push comes as inflows into funds show signs of weakness, with some withdrawals recorded.
Bankinter offers 1% on eligible transfers, with a minimum investment of €5,000, a two-year holding period and a maximum bonus of €30,000.
Self Bank offers 1%, up to €5,000 per account, and pays the bonus in four instalments during 2027; customers must keep their investment until 30 November to receive the full amount.
BBVA offers a 2% gross bonus on selected funds, capped at €20,000, and requires customers to stay invested for at least three years.
Abanca also offers a 2% bonus, up to €6,000, for new managed fund portfolios, with a 30-month holding period and a minimum investment starting at €20,000.
The offers have different deadlines and conditions, so customers who transfer funds need to check how long they must keep them invested.
Spanish banks are offering bonuses to attract investment funds and assets from competitors.
The offers include rewards of up to 2% and, in some cases, as much as €30,000.
Banks are using the incentives as fund inflows show signs of weakening and occasional withdrawals have been recorded.
Bankinter, Self Bank and BBVA have launched offers for customers who transfer eligible investments.
Abanca is also offering a bonus for new contracts for its discretionary fund-management service.
- Who
- Spanish banks, including Bankinter, Self Bank, BBVA and Abanca.
- What
- They are offering bonuses to attract investment funds and managed portfolios from other providers.
- When
- The article was published on 23 October 2026. The offers run for periods ranging from October to the end of the year.
- Where
- Spain.
- Why
- Banks are seeking to attract assets and accelerate sales as fund inflows show signs of weakening and occasional withdrawals have been recorded.
This story does not have two clearly opposing sides.
Bankinter's campaign began, offering a bonus for eligible transfers to funds managed by Bankinter Gestión de Activos.
Expansión reported that Spanish banks were using bonuses to attract investment funds from competitors.
Bankinter's campaign is scheduled to end, and Self Bank's offer requires customers to maintain their position until this date to receive the full bonus.
BBVA's campaign is scheduled to end.
- Bankinter bonus
- 1% of the net amount transferred, up to €30,000 per customer
- Bankinter minimum
- €5,000, held for two years
- Self Bank bonus
- 1%, up to €5,000 per account
- BBVA bonus
- 2% gross, up to €20,000 per participant
- BBVA holding period
- At least three years
- Abanca managed portfolios
- 2% bonus, up to €6,000; 30-month holding period