Only until 29/12/2025 with the code BIENVENIDA
Earn interest on up to €1,000,000 over 3 months at 3.30% APR1 and 3.25% annual NIR.
We’ll give you money back on your card purchases for 6 months, up to €5002.
Refer your friends and get up to €500 extra!
It’s simple: €50 for you and €50 for every friend you refer. When you open an account, you have 10 referrals that you can use until 29/01/2026.
Your new bank, without the hassle!
Account and card
You will get a current account and a fee-free debit card3, whether or not you bring your salary over.
Cryptocurrencies
Buy and sell the main cryptocurrencies without leaving the app.
Bizum
Send and receive money, shop online or make donations from your mobile.
Instant fee-free transfers
Send fee-free transfers in euros within the European Union.
Fee-free cash withdrawals
Unlimited at over 30,000 Santander Group ATMs. Plus, 5 free withdrawals at any ATM within the eurozone.
Cryptoassets 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 entail manipulation and liquidity risks. In addition, they are not covered by any guarantee fund and the technology that powers them may pose risks (cyber fraud) or operational failures.
All you need to know:
- Read the Pre-contractual Information and the Fee Information Document for the Welcome Savings Account.
- Read the T&Cs for the “Trae tu nómina y consigue hasta 10 % en tus compras” promotion.
- Read the T&Cs for the “Invita a un amigo” promotion.
What is the Welcome Savings Account?
This account offers monthly interest on your savings. You can open it with €1, earn interest on up to €1,000,000, and add as much money as you want, whenever you want. Plus, you can withdraw all or some of your money, together with the interest you have earned, at any time by sending a standard external or internal transfer in euros within the European Union. The account is completely free: no maintenance, administration or closure fees. See the Fee Information Document for the Welcome Savings Account.
What interest do you earn?
Over the first 3 months, just for opening an account, you will earn interest at 2.02 % APR1 and 2.00% annual NIR on up to €1,000,000.
Plus, if you set up a monthly deposit for your salary, pension, unemployment benefit or monthly income (€900 min.), the interest rate will increase, earning 3.30% TAE and 3.25% NIR1 on up to €1,000,000. No interest will be earned on any amount above €1,000,000.
After the first three (3) months, your Welcome Savings Account will be automatically converted into an Openbank Savings Account and the nominal interest rates in force at that time will be applied.
Does it cost anything?
No. The Welcome Savings Account is free of charge: no maintenance, administration or closure fees.
Plus, when opening the savings account, you will also receive an 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.
At Openbank, instant transfers in euros within the EU are completely free.
See the applicable fees for using the main services associated with the payment account in the Pre-Contractual Information and Fee Information Document for the Welcome Savings Account.
How can you open a Welcome Savings Account?
To open the Welcome Savings Account, you will also need to open an Open Current Account that comes with a free Open Debit Card for the main holder: no issuance or renewal fees.
Two accounts and a card without fees that allow you to save and manage your money.
Open your accounts online or, if you would prefer to speak to someone, call us on 91 177 33 37 or 900 36 53 66 if you're still not a customer yet.
Check out more products and services on our website.
What cards are eligible for cashback?
Openbank credit and debit cards.
You’ll earn 3% of what you buy with a debit card and 10% of your purchases with a credit card4. The amounts can be added together up to €5002 during the 6-month promotional period.
Prepaid cards are not included.
When do you start earning cashback on your card purchases?
The first business day of the month after meeting the promotional terms and conditions, ending 6 months from that same date.
For example, if you set up direct debits on 27 November, you will accumulate cash from your purchases from 1 December 2025 to 29 May 2026 (both inclusive).
And you’ll receive the amount you’ve accumulated the month after your promotional period ends.
For example, if your cashback period ends on 29 May 2026 (inclusive), you will receive the amount you accumulate on your debit and credit card purchases (up to €5002) over the course of June 2026.
Need more information?
1 Interest corresponding to the first THREE (3) months. Monthly interest settlement.
Representative example of interest earned with a balance of €25,000:
- 3.30% and 3.25% annual NIR in the event of setting up a direct deposit for a salary, pension, unemployment benefit or recurring deposits of at least €900/month, which must not come from an Openbank account, the gross annual interest would be €203.13.
- 2.02% and 2.00% annual NIR in the event of not setting up a direct deposit for a salary, pension, unemployment benefit or recurring deposits of at least €900/month, which must not come from an Openbank account, the gross annual interest would be €125.
2 Total incentive: up to €500 (before tax), corresponding to the first six (6) months of 10% cashback on credit card purchases or 3% on debit card purchases. Payment of the incentive constitutes investment income, subject to withholding tax, at the current rate of 19%, which will be applied by Openbank in accordance with applicable tax regulations. 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.
3 Open Current Account, with no fees for account maintenance, administration or closure, and an Open Debit Card with no fees for issuance or renewal for the main holder. Read the Fee Information Document for the Welcome Savings Account and the Pre-contractual Information for Open Debit Card.
4 Subject to prior approval by the Openbank Risk Department.