You’re in good hands!
2.50% APR1, 2.47% annual NIR
with no balance limit for one whole year
for activating Bizum and bringing over your savings
+€200 extra for switching 2 direct debits (€20/month
for 10 months)
Plus, get €200 extra for your direct debits!
Bring over at least 2 direct debits and get €20 a month cashback for 10 months. Until 30/09/2026.
Calculate how much you can earn in a year … with no limit!
Day-to-day banking: hassle-free, no fees2, no conditions
Open an account using the code HOLA250
For your travels: change countries, not cards
Travel fee-free by switching on Travel+5:
✔ 0€ fees on purchases in any currency6, every day of the week.
✔ 0€ fees on cash withdrawals at any ATM worldwide, up to 2 times a month.
And when you no longer need it, simply switch Travel+ off in the app. Until your next trip.
Open an account using the code HOLA250
100% digital, 100% human support
Turn your card on and off, finance purchases, chat with an agent and manage your investments.
Speak to people who know your case and who are on hand to help when you need them.
Acknowledged as one of the banks most highly valued by its customers.
Enjoy the peace of mind of being with one of the world's largest financial groups.
3, 2, 1... and it’s all in your hands
Open an account using code HOLA250
Your current account is activated instantly, and your interest-bearing account within around 24 hours. Don’t forget to transfer your savings into your interest-bearing account to start earning interest.
Set up Bizum and at least 2 direct debits
The sooner you do, the sooner you’ll start receiving your money.
Save month after month
You’ll receive €20 for your direct debits as well as interest in your interest-bearing account each month you meet the conditions.
And the perks don't stop there
Once you're an Openbank customer, refer your friends and you could each earn up to €70.
✔€50 for each friend who joins Openbank and makes 3 card purchases.
✔An extra €20 if you both have Bizum with Openbank for at least 2 months.
You'll have 10 referrals, so you could earn up to an extra €700.
Offer valid until 30/07/2026.
What products do I get when I open an account?
When you open an account at Openbank using the promotional code HOLA250, you'll get:
- A current account with no opening, maintenance or closure fees.
- A debit card linked to your current account with no issuance or maintenance fees for the main cardholder.
- An interest-bearing account, exclusive to new customers, with no maintenance, administration or closure fees. If you activate Bizum with Openbank, your savings will earn 2.50%¹ APR and 2.47% annual NIR for one year.
- Your current account will be activated first, followed by your interest-bearing account approximately 24 hours later. If this falls on a weekend or public holiday, it may take a little longer.
Please note that, to earn this interest, your money must be held in your interest-bearing account, not your current account.
As each product has its own terms and conditions, you'll receive separate documents for each one when you apply. However, you'll complete a single, 100% digital signing process.
Please review the fees applied to the main services associated with your payment account in the pre-contractual information and the Fee Information Document for the Openbank Interest-bearing Account.
What is the Openbank Interest-bearing Account?
It is an account with no maintenance, administration or closure fees, where your savings earn interest that you receive monthly. You can get it by using the code HOLA250 when you open an account.
You can open it with as little as €1 and earn interest on the full balance you transfer into the account, with no upper limit, for 12 months. After that, it will automatically become an Openbank Savings Account, where your money will earn interest at the rate applicable to that account at the time.
You can also withdraw all or part of your money at any time, including any interest earned up to that point, by an external transfer or by moving money between your Openbank accounts.
For more information, please see the Openbank Interest-bearing Account Fee Information Document.
Do I need to take out each product separately?
No. If you use the promotional code HOLA250, you'll get a current account, a savings account and a debit card. You'll also receive €20 per month for 10 months if you set up at least two direct debits.
Will I receive separate documentation for each product?
Yes. Each product has its own terms and conditions, but there’s just one signing process, and it’s completed 100% online.
When will I receive the promotion incentive?
Each month, you'll receive the incentive in two parts, depending on the requirements you meet:
- If you set up at least 2 direct debits, you'll receive €20 per month in your current account for up to 10 months.
- If you have Bizum with Openbank and transfer your savings to your Interest-bearing Account, you'll receive interest paid monthly into that account for 12 months.
Important: To receive the full €200 for your direct debits, you must set them up before 31 October 2026. The final payment will be made on 20 August 2027, even if you haven't reached the maximum of 10 payments.
Interest on the Openbank Interest-bearing Account is paid monthly. It is calculated based on the balance held in the account and paid for 12 months from the date the account is opened.
Which bills do I need to set up direct debit for to get the €200?
You must set up direct debits for at least two bills to receive €20 per month for ten months. If you do not meet this requirement in any given month, you will not receive the €20. Please note that the last payment will be made on 30 August 2027, even if you have not reached the maximum of ten payments. To get the €200, set up direct debits for your bills before 31 October 2026!
What happens if there’s a month in which I don’t meet the conditions?
You simply won't receive the incentive for that month, but there is no penalty. And if you meet the conditions again the following month, you will receive the incentive for that month.
Can I transfer money fee-free between my current account and my savings account?
Yes, transfers between accounts are not only free of charge, they are also instant.
What happens if my current account balance is zero, but I have money in my interest-bearing account?
The balance in your Openbank Interest-bearing Account is what earns interest each month. The debit card is linked to your current account, so you can't use the balance in your interest-bearing account directly. You'll need to transfer it to your current account first.
If I sign up using a friend’s referral code, can I add the HOLA250 code later?
No. If you open your account using a friend’s referral code, you won’t be able to add the HOLA250 code afterwards to benefit from that promotion as well. Both offers are exclusively for new customers and cannot be combined.
What products do I get when I open an account?
You’ll be opening a current account with no fees for opening, maintenance or closure, along with a debit card linked to the account. There are no issuing or maintenance fees for the primary cardholder.
If you also use the promotional code HOLA250 during the sign-up process, you’ll open an Interest-bearing Account as well. This account is exclusive to new customers and has no maintenance, administration or closure fees. You’ll earn interest on your money at 2.50% APR (2.47% annual NIR) for one year. Please note that your funds must be held in the Interest-bearing Account, not in the current account, to be eligible for this interest.
You can check the fees for the main services associated with the Interest-bearing Account in the pre-contractual information and in the Openbank Interest-bearing Account Fee Information Document, as well as the pre-contractual information for the Open Debit Card.
Whatever you've got in mind, we've got your back
- When abroad, pay without incurring additional fees6 and enjoy complete security by activating the Travel+ benefits on your cards5.
- Send and receive fee-free international transfers in available currencies almost anywhere in the world4. It’s quick and easy on the app.
- Invest in the leading cryptocurrencies from £1 directly in our app, without having to move your money to another platform.
- Buy and invest in shares, funds, ETFs and warrants, and use financial analysis tools with artificial intelligence to help you make your investment decisions.
- For that big moment, you can count on your Open Mortgage and an advisor who will accompany you throughout the entire process.
Use code HOLA250 to open an account by 30/09/2026
Crypto-assets are complex financial products and may be difficult to understand. Their prices are volatile, so you may lose all or part of your investment. These assets are not protected by regulated market mechanisms, which may lead to manipulation and liquidity risks. In addition, they are not covered by any guarantee fund and the technology on which they are based may be exposed to risk (cyber fraud) or operational failures. Further information on all the risks associated with crypto-asset trading can be found here. If you request a refund of the crypto-assets, you can consult the summary of the applicable procedure here.
Please note that all investments involve a certain level of risk, including the lack of return, loss of invested capital and/or exchange-rate risk for non-euro-denominated products.
The level of risk and information on each of the investment funds, ETFs and/or pension plans marketed by Open Bank, S.A., are detailed in the Information Brochure or Key Investor Document (KIID) for each investment fund or ETF, or in the Key Investor Information Document for each pension plan, available at www.openbank.es and/or www.cnmv.es.
1 Interest corresponding to the first year. Monthly interest payments.
REPRESENTATIVE EXAMPLE of interest with a constant balance of €10,000 over one year at 2.50% APR and 2.47% annual NIR. Gross annual interest of €247.
2 Open Current Account with no maintenance, administration or closure fees, and an Open Debit Card with no issuance or renewal fees for the main cardholder. See the Fee Information Document for the Welcome Savings Account and the Pre-contractual Information for the Open Debit Card.
3 0% APR and annual NIR. REPRESENTATIVE EXAMPLE of interest with a constant balance of €10,000 during the first year at 0% annual NIR (0% APR). Gross annual interest of €0.
4 If the source and destination accounts are in different currencies, the exchange rate available on our website will apply. Foreign exchange fees may apply.
5 Travel+ benefits are available on the Open Debit Card for €4.99/month and on the Open Credit Card for €2.99/month.
6 Visa and Mastercard may apply a mark-up to the European Central Bank exchange rate.
7 Source: Benchmarking NPS Stiga, second half of 2025.