Did you know that there is a bank that pays you just for walking?

digital banking He’s in better shape than ever. As technology has advanced, many traditional companies have created their own verticals that base their activities on online channel and which has exclusive features and benefits for customers who choose it. One of the latest banks to do the same was Abanca, which in recent days introduced its own digital offering: the B100.

Under the motto, Healthy Bankingits main feature is that your savings account, which offers us one of paid accounts The most interesting thing on the current scene is related to the physical exercises that we do. Specifically, the number of our daily steps.

Four products

B100, Abanka’s online banking, is introduced to the market with four products. Each customer who chooses to sign up will have a checking account, two savings accounts and a debit card associated with their profile.

current account It is designed for daily payments. Abanca pays particular attention to the fact that it will offer all the usual transactions that traditional banks have: among them national transfers and transfers within SEPA and Bizum. Plus there are no commissions.

Save account This is the first of the savings accounts included in the package. The remuneration is 2.70% per annum, the maximum amount is 50,000 euros.

Health Account This is the second savings account and also the brightest. In this case, Abank offers us a reward of 3.40% for the money deposited into it. However, its peculiarity is that in order to be able to deposit money into this account and receive rewards from it, we must complete a minimum of daily steps that we must enter into the application.

All we have to do is access the application and select the number of steps we want to target. Included different goals is set in a predetermined manner. For example, when we complete 6000 steps, four euros will be automatically sent from the main account to Health Account every day when we achieve a goal. If we make 15,000 steps, 15 euros will be sent. And if we take 20,000 steps, 30 euros will be sent, maximum. The amount accumulated monthly will bring us a reward of 3.40%. If we do not reach our goal, we will not be able to receive this reward and we will have to settle for 2.70% of the save account amount.

Lastly, it also includes a debit card called Pay to save. With every payment, 25% of the bank’s income will go towards cleaning up the marine environment, taking care not only of our health, but also of the environment.

How it works

But how can we tell the app the number of steps we are taking? For this, our health account must be associated with Google Connect Health, Apple Health, or any other accepted application. As you count steps, they are automatically recorded in application of B100 and once the goal is achieved, the received money will be sent.

At 6000 steps we could receive a maximum of 1460 euros per year. However, if we put ourselves at the upper limit: 20,000 steps per day, we can achieve a total of 11,000 euros paid which, given the advertised 3.60%, could make this account one of the most interesting options on the market.