Government Expands Young Cultural Bonus Budget to Manage Prepaid Card Payments
12 Aug 2026Effective: 12 Aug 202688 views
Who is affected:
Young beneficiaries of the Cultural Bonus, Correos and cultural entities participating in the program
Summary
The call for proposals to select the payment management entity for the Young Cultural Bonus is modified, expanding the maximum budget from 5.6 to 8.88 million if the agreement with Correos is extended.
Detailed analysis
PRO
The order updates the agreement with Correos y Telégrafos for managing prepaid cards of the Young Cultural Bonus, adapting it to the new Real Decreto 401/2026 that introduced new spending modalities and subsidizable products. The initial economic compensation of 5.6 million euros for 2024-2027 can be increased up to 8.…
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