Pension Plan rebate offer

When you switch, open or make a contribution to your pension plan

Pension Plan cash rebate

Earn a 3% rebate!

Promotional code: MIPLAN20

Become a customerMore info  

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 apply1.


 

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More than 35 plans to choose from

Wee offer a wide range of pension plans from 5 asset managers.
 

 

 

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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.

 

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1The level of risk and the information for each of the Pension Funds marketed by Open Bank, S.A. is detailed in the Prospectus or Key Investor Information Document (DFI) for each one of the Pension Finds, available at www.openbank.es

 

Investors are looking for these pension plans

 


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Discover the Pension Plans
most consulted in Openbank

 

CABK RV International PP

Annual return
 
2015 2016 2017 2018 2019 9,37% 11,87% 6,04% -0,73% 31,13%
Past performance does not guarantee future returns
Category
Renta Variable - PP
Current year return
4.66
Rating Morningstar
 

BBVA Telecomunicaciones PP

Annual return
 
2015 2016 2017 2018 2019 11,74% 11,66% 13,12% -2,99% 43,1%
Past performance does not guarantee future returns
Category
Renta Variable - PP
Current year return
16.76
Rating Morningstar
 

OpenBank Renta Fija PP

Annual return
 
2016 2017 2018 2019 1,22% -0,36% -0,19% 2,32%
Past performance does not guarantee future returns
Category
Renta Fija Largo Plazo - PP
Current year return
0.48
Rating Morningstar
 
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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

What tax advantages does it have?

You will pay less tax. You can save up to 45%* of your annual contribution in your tax return, depending on your income and how much you invest.
The money you contribute each year will not be taxed by the tax authorities until you redeem your plan.

* Estimate based on the maximum rate of tax withholding (45%).

How much can I contribute?

You decide the quantity and frequency of your contributions, which could be from €6.

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: 

  • In the form of capital, i.e., a lump sum all at once.

  • In the form of periodic payments.

  • In a mixed form, i.e., a one-off payment and the rest periodically. 

  • In the form of one-off payments, with total flexibility.  

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 is a Pension Plan transfer?

A transfer involves moving the money that you currently have invested in a pension plan to a different pension plan.

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.

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.

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

What tax advantages does it have?

You will pay less tax. You can save up to 45%* of your annual contribution in your tax return, depending on your income and how much you invest. The money you contribute each year will not be taxed by the tax authorities until you redeem your plan.

* Estimate based on the maximum rate of tax withholding (45%).

How much can I contribute?

You decide the quantity and frequency of your contributions, which could be from €6.

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: 

  • In the form of capital, i.e., a lump sum all at once.

  • In the form of periodic payments.

  • In a mixed form, i.e., a one-off payment and the rest periodically. 

  • In the form of one-off payments, with total flexibility.  

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 is a Pension Plan transfer?

A transfer involves moving the money that you currently have invested in a pension plan to a different pension plan.

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.

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.