The risk indicator corresponds to all Openbank accounts and the deposit. The liquidity alert applies to the 12-Month Open Deposit.

1/6

This number is indicative of the product's risk, with 1/6 indicating the lowest risk and 6/6 the highest risk.

Member Bank of Spain's Deposit Guarantee Fund for Credit Institutions. For cash deposits, the maximum guaranteed amount is up to €100,000 per depositor in each credit institution.

Liquidity alert:

The redemption, withdrawal from the deposit, or early cancellation of all or part of the principal invested are subject to fees or penalties.

New 12-Month Open Deposit at up to 2.75%(1) APR and annual NIR

Only available until 12 May!

Open account

Interest

Earn 1.75% APR¹ and annual NIR over 12 months on the funds you bring over to Openbank with no need to set up any direct deposits. All you need to do is hold your savings for the full term.

Even more with your monthly income!

Earn interest at 2.75% APR¹ and annual NIR when your salary, pension, unemployment benefit or recurring income of at least €600/month is paid directly into Openbank.

Access your money when you need it

If you close the deposit before the end of the term, you will earn interest at 0.20% APR¹ and annual NIR for as long as you held your balance.

Peace of mind

We have the backing and solvency of the Santander Group, one of the world's largest financial groups with over 160 years of experience.

Interest from 1st day and 1st euro (3)

Earn interest at 1.75% APR¹ and annual NIR over 12 months on the savings you bring to Openbank.
Plus, if your salary, pension, unemployment benefit or recurring income of at least €600² is paid into your account, the interest increases to 2.75% APR¹ and annual NIR.

For new funds

If you're a customer, the money you pay into your deposit must increase the total balance you held at Openbank on 28 February 2023.
If you're not a customer yet, you can deposit as much as you like.
You can make a transfer from another bank, deposit cash, etc.

Your money is always available

Close the deposit whenever you want, and earn lower interest.
If you withdraw your savings before the end of the 12-month term, you'll earn 0.20% APR¹ and annual NIR for as long as you held your balance.

¹ Representative example of interest for the 12-Month Open Deposit with a balance of €25,000:

(i) if all conditions are met, 2.75% APR and annual NIR will be applied, and the gross interest would be €687.50;
(ii) if a direct deposit for your salary, pension, unemployment benefit or other type of monthly income of at least €600 is not set up for at least 10 months, 1.75% APR and annual NIR will be applied, and the gross interest would be €437.50;
(iii) in both cases, if you fail to comply with the 12-month term and only hold the balance for 6 months, 0.20% APR and annual NIR will be applied, and the gross interest would be €25.00.

²Salary, pension, unemployment benefit or other type of monthly income of at least €600 for at least 10 months.

³The interest will be paid into the Openbank current account or payroll account in the name of the holder at maturity (at the end of the fixed term)

For cash deposits, the maximum guaranteed amount by Spain's Deposit Guarantee Fund for Credit Institutions is €100,000 per depositor in each credit institution..

New 12-Month Open Deposit at up to 2.75%(1) APR and annual NIR

Only available until 12 May!

Interest from 1st day and 1st euro (3)

For new funds

Your money is always available

The safe option for your savings

Want to learn more about the 12-Month Open Deposit?

What is the 12-Month Open Deposit?

How much interest do you receive?

Are there any costs?

How can you open the 12-Month Open Deposit?

Need more information?