Open Young Savings Account

Open Young Savings Account

Their savings get bigger as they grow older. No fees!

Open your account

Attractive return

From €1 to €1,000,000 at 0.15% annual NIR, 0.15% APR1 Plus, receive the interest you earn on a monthly basis!

Flexible savings for the little ones

Make as many deposits as you want until they turn 18.

Access the savings whenever you wish

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

No fees or expenses

Transfers and account maintenance are free.

Boost your little ones' savings

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

  • Earn interest at 0.15% APR1 and 0.15% annual NIR.

  • Returns 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 turn 18, they will have access to a wide range of financial solutions to continue building their savings.

No fees

  • Free to open and close the account.

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

  • See the applicable fees for using the main services associated with the account in the Pre-Contractual Information.

1 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

Fill out your details

To become a customer, we need to know a few things about you. Fill out the online form and choose your passcode. Have your DNI or NIE at hand.

2

Confirm your identity

With no need to go anywhere. By video call, providing your account number in another bank.

3

Sign electronically

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