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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.

Ka-ching! We're giving away 3 cash prizes of €1,000!

Promotional code:

PAGAEXTRA24

Promotion valid:

01/01/2024 - 12/31/2024

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What's the promotion?
You could be in with the chance of winning one of 3 cash prizes of €1,000 that we’re giving away every month by setting up a direct deposit for your salary or pension at Openbank.

Your entries for every month will roll over to the next month’s draw!

How can you take part?
Just follow these simple steps.Find out more
  • Click “Join the promotion” and enter the code PAGAEXTRA24 until 31 December 2024 (inclusive).
  • For each salary or pension set up as a direct deposit and paid into your Openbank current account during the promotional period, you will be automatically entered into the corresponding monthly prize draw.
  • That’s it! If you’re one of the draw winners, you’ll receive €1,000 in your current account the following month.

If you're not in luck one month, don't worry - you still have more chances. Each prize draw includes the entries from previous prize draws, so if you’ve set up a direct deposit for your salary or pension throughout the entire promotion, you’ll have twelve entries for the last prize draw!

What are the terms and conditions for taking part?
Make sure you join the promotion!Find out more
  • You must be an Openbank customer on the date that data is collected for the corresponding draw.
  • You must be over 18 years old, a resident in Spain and have an address for correspondence purposes in the country.
  • You must hold an active Openbank current account (Open Current Account or Open Payroll Account).
Please note that…
If you sign up for the promotion when it kicks off, you’ll take part in all twelve prize draws! I.e., ...Find out more
  • The salary and pension payments received from the start of the campaign up until the end of the month prior to the prize draw will be taken into account for each draw. I.e., entries for previous prize draws will roll over to the next draw in which the customer takes part.
  • To take part in each prize draw, you must have received at least one salary and/or pension direct deposit in the last two months prior to the prize draw.
  • Only one prize per customer and account will be awarded. Therefore, the customer may only be the winner of one prize draw in this promotion.

Only salary or pension payments deposited into an Openbank account with the interbank code “salary” or “pension” will be considered valid.

Promotion valid for salaries/pensions paid by direct deposit between 2 January 2024 and 31 December 2024. Only one prize per customer and account will be awarded, notwithstanding that you may take part in all monthly prize draws if you meet the terms and conditions.

Receipt of the prize constitutes a capital gain in cash subject to withholding tax, currently at the rate of 19%, which will be applied by Openbank in accordance with the applicable tax regulations. This withholding tax will not affect customers. Winning customers must declare the value of the prize received plus the withholding not passed on in the general tax base of their personal income tax (IRPF) return. Winning customers will be entitled to deduct the withholding tax in their personal income tax (IRPF) return.