
Start planning today for your future peace of mind. From €6 and with no additional fees.
With no additional fees
No transfer fee.
No custodian fee.
Fees charged by the asset manager of the plan apply.
More than 40 plans to choose from
Set up automatic contributions and relax
Increase your pension plan bit by bit with automatic contributions. All you need to do is choose how much and how often you want to contribute.
All investments carry some level of risk, including the lack of return and/or loss of principal invested.
The level of risk, fees and information for each of the Pension Plans marketed by Open Bank, S.A., is detailed in the Prospectus or Key Information Document (KIID) for each one of the Pension Plans, available on the individual pages for each plan at www.openbank.es.
Find the pension plan that best meets your needs.
These are the most searched plans among investors at Openbank

Asset and sub-asset class
Sector Equity
Return
15.48% YTD, -24.61% in 2021
Minimum initial investment
€30.05

Asset and sub-asset class
Global Equity
Return
10.46% YTD, 20.42% in 2021
Minimum initial investment
€6.01

Asset and sub-asset class
Money Market
Return
0.66% YTD, 0.09% in 2021
Minimum initial investment
€30.05
Want to know more about Pension Plans?
What is a pension plan?
It is a savings product to accumulate capital in the long term, which allows you to complement the pension you will receive when you retire.
A pension plan pools the money contributed by a large number of investors (participants), and an asset management firm is responsible for managing it in order to obtain the best possible return by investing in a series of assets, such as shares, bills, bonds, debentures, etc.
The DDFP (Key Participant Information Document) for the different pension plans that we market can be consulted on the main page for each one of the plans at www.openbank.es
How can I transfer my Pension Plan to Openbank?
To switch the pension plan you have in another bank to Openbank, all you have to do is:
Print this document. Fill it in, sign it and send it to us by e-mail, together with the last statement of the plan, to inversiones@openbank.es. Or, if you prefer, you can send it back to us by ordinary post to the following address (you don't need to buy a stamp, we provide you with a free postage label along with the plan transfer application document. You just have to print it, cut it out and stick it to an envelope):
Openbank
Operations/Products Department.
Paseo de la Castellana nº 134
Madrid 28046
When we receive your application, we will contact the corresponding managers to start the switchover.
If you have any questions, email us at inversiones@openbank.es or call us on (+34) 91 177 33 16 and ask to speak to one of our specialists.
How much can I invest?
The maximum amount you can invest in one year is €1,500. If you have set up regular contributions to your pension plans that are greater than €1,500 in one year, call us on +34 91 177 33 16 to adjust them, as they cannot exceed this amount.
Check out this article on our blog for further information.
At Openbank, we make it simple. You decide if you want to make regular contributions to your plan, indicating the amount you want to invest and the frequency of your contributions, which can be as little as €6.
How can you take out a pension plan?
Our pension plan finder allows you to choose from a wide range of plans. You can access the pension plan that best suits your needs and take it out by clicking on the sign up button.
If you prefer a more personalised service, call us on (+34) 91 177 33 16 and our team of pension plan professionals will help you with whatever you need.
If you are not yet a customer, become one here.
What happens if my regular contributions exceed €1,500 in one year?
If you have set up regular contributions to your pension plans that are greater than €1,500 in one year, call us on +34 91 177 33 16 to adjust them, as this amount is the maximum by law that can be invested in pension plans.
What are the tax benefits of pension plans?
As of 1 January 2021, the maximum reduction in Personal Income Tax (IRPF) for investments in pension plans is €1,500 (which is the annual maximum that, by law, you can invest in these products), or 30% of income from employment and economic activities – the lowest of these two amounts. Nevertheless, pension plans are still an attractive extra for your future public pension.
For example, with an annual contribution of €1,500 to your pension plan, taking into account a marginal tax rate of 24% in the Personal Income Tax (IRPF), you could save up to €360 in your tax return*. Take advantage of this tax benefit and find the pension plan that meets your needs here – there are over 40 to choose from. With Openbank, you won’t be required to pay any additional fees other than those charged for the plan itself. Plus, for your convenience, you can set up regular contributions.
*The tax savings depend on the personal circumstances of each customer and may vary in the future.
When and how will you recover your money?
You can redeem your pension plan when you retire and in exceptional cases such as severe disability, serious illness or long-term unemployment, among others. In addition, from 2025 onwards, you can request the redemption of shares with a minimum seniority of 10 years.
On cashing it in, you have four options:
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In the form of capital, i.e., a lump sum all at once.
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In the form of periodic payments.
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In a mixed form, i.e., a one-off payment and the rest periodically.
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In the form of one-off payments, with total flexibility.
Do you need more information?
We make it simple. Call us on (+34) 91 177 33 16 and our team of pension plan professionals will be glad to help with whatever you need.