Choose your deposit and start saving
6-Month Open Deposit
At 0.50% APR1 and annual NIR
12-Month Open Deposit
At 1.00% APR2and annual NIR
18-Month Open Deposit
At 1.50% APR3 and annual NIR
Why choose our Open Deposits?
- Earn interest from day one and the first euro.
- The interest will be paid directly into your current account at the end of the fixed term.
- No early withdrawal fees.
- You can withdraw your money whenever you want. We will return all your savings plus an extra 0.20% APR1,2 and 3 and annual NIR earned on your balance for as long as it was held.
- If you're already a customer, the money you pay into your deposit must increase the total balance you held at Openbank on 28 February 2022.
- You can make a transfer from another bank, set up a direct deposit for your salary, pay in cash, etc.
- And from just €1!
See the pre-contractual information for the 6-Month Open Deposit
See the pre-contractual information for the 12-Month Open Deposit
See the pre-contractual information for the 18-Month Open Deposit
1 Representative example for a deposit of €25,000 at 0.50% APR and annual NIR over 6 months:
- If you comply with the 6-month term, the gross interest paid at maturity (at the end of the term) would be €62.50.
- If you do not comply with the 6-month term and only hold the balance for 3 months, (0.20% APR and annual NIR), the gross interest paid at the end of the term would be €12.50.
2 Representative example for a deposit of €25,000 at 1.00% APR and annual NIR over 12 months:
- If you comply with the 12-month term, the gross interest paid at maturity (at the end of the term) would be €250.00.
- If you do not comply with the 12-month term and only hold the balance for 6 months, (0.20% APR and annual NIR), the gross interest paid at the end of the term would be €25.
3 Representative example for a deposit of €25,000 at 1.50% APR and annual NIR over 18 months:
- If you comply with the 18-month term, the gross interest paid at maturity (at the end of the term) would be €562.50.
- If you do not comply with the 18-month term and only hold the balance for 6 months, (0.20% APR and annual NIR), the gross interest paid at the end of the term would be €25.