Refer a friend and pocket €50! | Openbank
logo openbank

Refer a friend
and get €50!

Promotion valid:

08/10/2025 - 29/01/2026

Reward date:

The following month once the conditions are met

See promotional T&Cs
Refer a friend

Share via:

What’s the promotion?
Everything’s better with friends.

You can earn €50 for every friend you bring to Openbank. You can refer up to 10 friends and get up to €500!

How can you take part?
Just follow these simple steps: Find out more

On the website:

  1. Log in to the Customer Area and go to Your Profile > Refer a Friend.
  2. Select “Refer” and you will receive an email with the promotional code.
  3. Forward that email to your friend. They will need to use the code when opening an account.

On the app:

  1. Log in to the Openbank app and go to the top-left menu > Refer a Friend.
  2. Select Refer > Share code.
  3. Share the code with your friend. They will need to use it when opening an account.

Please note that, each code is valid for one friend. If you want to refer more than one friend, you will need to send a separate request for each one.

What conditions do your friends need to meet?
Make sure they join the promotion!Find out more
  • They must not have been an Openbank customer at any time during the 12 months prior to the start of the promotion.
  • They must open a current account as the main holder using the promotional code you send them.
  • They must deposit at least €300 from another bank within the first 15 days from the account opening date.
  • They well have to maintain that balance for at least 6 months.
Please note that:
Payment of the incentive constitutes investment income in cash, subject to withholding tax at the current rate of 19%, which the Bank deducts from the corresponding customers, paying them the resulting net amount. Customers must declare the incentive received in the savings tax base of their personal income tax (IRPF) return. Customers are entitled to the deduction of the withholding tax applied.Find out more

Openbank will deposit €50 net in both the referrer and the referree’s current accounts only if each is registered as the main holder of their respective accounts. The payment will be made in the month following verification that all the requirements outlined in these conditions have been met.

If the referred customer withdraws funds before the agreed term, Openbank may deduct a penalty — calculated as a proportional share of the incentive — from one of the referred customer’s accounts. The exact amount of said penalty will be calculated by dividing the incentive value (€50) by 183 and then multiplying the result by the number of days remaining until the end of the minimum commitment period.