15 Banks in Europe Giving Free Money for Opening an Account (2026 Complete Guide)
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| 15 Banks in Europe Giving Free Money for Opening an Account |
Many banks across Europe are offering generous welcome bonuses to attract new customers. These promotions often provide free money simply for opening a new bank account and completing a few basic steps such as making transactions or receiving a salary deposit.
In recent years, competition between traditional banks and digital banks has increased. As a result, many financial institutions now offer attractive rewards including cash bonuses, cashback, referral bonuses, and free banking services.
If you live in Germany or anywhere in Europe, you can take advantage of these offers and earn extra money simply by choosing the right bank account. In this guide, we will explore 15 banks that are known for offering welcome bonuses and financial rewards for new customers.
1. Commerzbank
Commerzbank is one of the largest banks in Germany and frequently offers welcome bonuses for new customers opening a current account (Girokonto).
Depending on the promotion, new customers can receive bonuses of up to €200 after meeting simple conditions such as making several card payments or receiving a salary deposit.
Official website:
https://www.commerzbank.de
2. ING Germany
ING is one of the most popular online banks in Europe. It offers a modern digital banking experience with a powerful mobile app and free bank accounts.
The bank regularly launches promotional campaigns that reward new customers with cash bonuses and financial incentives.
Official website:
https://www.ing.de
3. Comdirect
Comdirect is a leading German online bank known for its free checking accounts and investment services. It frequently provides welcome bonuses for new customers.
Customers may receive a cash reward after opening an account and completing several transactions during the first months.
Official website:
https://www.comdirect.de
4. N26
N26 is one of the most famous digital banks in Europe and operates entirely through a mobile app. It provides modern banking services, international transfers, and a user-friendly experience.
Although N26 often focuses on referral bonuses rather than direct welcome bonuses, many users still earn money by inviting friends to open accounts.
Official website:
https://n26.com
5. Revolut
Revolut is a fintech banking platform used by millions of people across Europe. It offers multi-currency accounts, international transfers, and cashback rewards.
New customers sometimes receive promotional bonuses or benefits through referral programs.
Official website:
https://www.revolut.com
6. Bunq
Bunq is a modern European digital bank focused on sustainability and advanced mobile banking features.
The bank occasionally provides welcome promotions or referral bonuses for new customers.
Official website:
https://www.bunq.com
7. Monese
Monese is a digital banking service designed especially for expats and people living abroad in Europe.
It frequently runs referral promotions that allow customers to earn money after inviting friends to open an account.
Official website:
https://monese.com
8. Santander
Banco Santander is one of the largest banking groups in Europe. The bank occasionally offers switching bonuses or promotional incentives for new customers.
These promotions may include cash bonuses or special financial benefits.
Official website:
https://www.santander.com
9. BBVA
BBVA is a global banking group with a growing presence in Europe. The bank offers digital banking solutions and occasionally launches special promotions for new customers.
Customers may benefit from cashback rewards or interest promotions.
Official website:
https://www.bbva.com
10. Vivid Money
Vivid Money is a modern European fintech platform offering cashback rewards, investment tools, and mobile banking services.
New customers often receive signup bonuses or referral rewards.
Official website:
https://vivid.money
11. Wise
Wise (formerly TransferWise) is known for international money transfers and multi-currency accounts.
While the company mainly focuses on transfer services, promotional campaigns sometimes provide rewards for new users.
Official website:
https://wise.com
12. Deutsche Bank
Deutsche Bank is Germany’s largest banking institution. From time to time, it provides incentives for customers switching their accounts from other banks.
These offers may include financial bonuses or discounted services.
Official website:
https://www.deutsche-bank.de
13. Targobank
Targobank offers a range of banking services including current accounts, credit cards, and loans.
The bank occasionally launches promotions that reward new customers with financial bonuses.
Official website:
https://www.targobank.de
14. DKB (Deutsche Kreditbank)
DKB is a popular online bank in Germany offering free current accounts and competitive financial services.
While direct cash bonuses are not always available, the bank provides many financial advantages including free ATM withdrawals worldwide.
Official website:
https://www.dkb.de
15. Sparkasse
Sparkasse is one of the most widely used banking networks in Germany. Different regional branches occasionally offer promotions for new customers.
These incentives may include cashback rewards or free banking services.
Official website:
https://www.sparkasse.de
Tips for Getting Bank Bonuses Successfully
- Always read the terms and conditions of the promotion.
- Make sure you complete the required transactions.
- Deposit your salary if required by the bank.
- Keep the account active for several months.
- Compare multiple banks before opening an account.
Final Thoughts
Bank promotions in Europe provide an excellent opportunity to earn extra money simply by opening a bank account. With bonuses that sometimes reach €200 or more, these offers are becoming increasingly popular among residents and expats alike.
By choosing the right bank and carefully following the promotional conditions, you can benefit from modern banking services while also receiving financial rewards.