Open Young Savings Account

Open Young Savings Account

Their savings will grow with them and are fee free

Open your account

An attractive return of 0,15% APR* and 0,15% annual NIR.

From €1 to €1,000,000 at the prevailing interest rate. And receive interest monthly!

Make your children's savings grow flexibly

Make as many deposits as you want until they reach age 18.

Money available always

Withdraw all or a portion of your money, and the interest earned, at any time.

No costs or fees

Maintenance and transfers are free.

Multiply your children's savings

  • No minimum amounts: you can deposit from €1 to €1,000,000.

  • Receive interest of 0,15% APR* and 0,15% annual NIR.

  • Earn interest from day one.

A flexible children's savings account

  • Deposit money into the Open Young Savings Account whenever you want and as many times as you want, from €1.

  • Withdraw all or some of your money together with the interest earned, at any time.

  • When your children reach age 18, they will have access to a wide range of financial solutions to continue growing their money.

No fees

  • The opening and closing are free.

  • There are no fees for transfers or to maintain the account either.

  • You can take out money too!

* Representative example of the APR: For an average balance of €6,000 over 30 days, the monthly gross interest would be €0.75.

onboarding

Become a customer in just three steps, wherever you are

1

Complete the online form

To become a customer, we need to know a few things about you. Complete the online form and choose your access code.

2

Confirm your identity

Without having to go anywhere. By video call, providing your account number in another bank or with a messenger.

3

Sign electronically

We will send you an SMS text with a security code in order to access your contract so that you can sign it online.

Contact Openbank

Want to talk to us?

Send us your details and we'll call you right back. (Mon - Fri, 8:00 am - 10:00 pm)

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If you want to learn more about the legal aspects of this process, and especially how we protect your privacy, click here.