Has anyone used either bancotel and/or spaincard for accomodation discounts?

Sure have, what do you want to know? You can stay in some very nice hotels for half the price.

Is there any downside? Do they put you in crappy rooms? Is it easy to get rid of all the coupons?

The hotels we stayed at put us up in their standard room, all were very nice. You order your coupons with five coupons in a check. Hotels will accept 1 to 3 coupons a night; the better quality hotels require three checks a night. Here is the website http://www.bancotel.com/. Make sure you present the coupons when you check-in. I bought 4 checks or 20 coupons; we used them to cover 10 nights of lodging for half the cost. We stayed at the Palace and Villa Magna in Madrid, and The King Alphosus in Seville. You can order you checks and make your reservations on their website. Have a nice trip.

Thanks for the advice!

Hi Molson! You´ll find many many lengthy previous discussions on Bancotel in this forum by using the SEARCH link above/right and typing BANCOTEL as your keyword. Good luck!