Open Credit Card

Issuance and renewal are free if you set up a direct deposit for your salary, pension or regular income of at least €900, use your card once a month or choose the Finance Your Payment option. Otherwise, card renewal is €2 per month.

• Transferring cash from your current account to your card is free too.

• The 3D Secure Code system and SMS alert service are free. 

• Credit card cash withdrawals at ATMs: 3.90%. Minimum fee: €3.90. There may also be additional fees for:
  • Cash withdrawals from other banks in Spain: You will only pay the fee shown by the ATM.
  • Cash withdrawals from other banks within the EU. You will only pay the fee shown by the ATM.
• Cash withdrawals from other banks' ATMs outside of the EU. 4.5% of the cash withdrawn. Minimum: €3
• Purchases in foreign currencies: 3% of the amount. Minimum: €2
• Transfer cash from your current account to your Open Credit Card: free.
• Transfer cash from your Open Credit Card to your current account: 3.90% of the amount transferred. Minimum: €3.90
• Monthly fee for alert service (SMS confirmation of payments made with the card): free.

Of course, you can choose the option that best suits you at any time.

• Pay in instalments:

Settle your payment in fixed or variable instalments. The minimum you can finance is 5% of your credit card limit, with a minimum instalment of  €15.

The applicable interest rate is 1.50% monthly, 18.00% annual NIR (APR 19.56%).

Representative example for €1,500 drawn on 1st of the month, with financed payment option (revolving), and 48 fixed monthly instalments, on the assumption that there are no further drawdowns during that period or any breach of the terms and conditions of the agreement: 18.00% NIR; 19.56% APR; 47 instalments of €44.06 and a final instalment of €44.25. Total amount of credit: €1,500. Total amount owed: €2,115.07. Total cost of credit: €615.07. The calculation includes the card issuance fee: €0. This example does not consider the possibility of any new drawdowns from the line of credit or any non-payments during this period. The APR and the total amount to be paid are calculated on the assumption that the agreement will remain in force for the entire term and that the parties will meet their obligations under the agreed terms and conditions and repayment deadlines. Therefore, for this specific example, the cash purchase price would be €1,500 and the total amount to be repaid in instalments would be €2,115.07.

Please note that the monthly instalments are first and foremost used to pay off interests and charges and, secondly, to repay the amount borrowed, so choosing reduced instalments may only cover repayment of the residual interest proportion of the credit.

• Finance your purchase:

You can split any of your purchases over €60 into various instalments,  between 2 and 36 months.  

The applicable interest rate is 1.17% monthly NIR, 14.00% annual NIR (14.93% APR).

Representative example for a financed purchase of €1,000 made on 1st of the month, with the regular payment option and 12 fixed monthly instalments, on the assumption that there are no further drawdowns during that period or any breach of the terms and conditions of the agreement: 14.00% annual NIR; 14.93% APR; 11 instalments of €89.79 and a final instalment of €89.77. Total amount of credit: €1,000. Total amount owed: €1,077.46. Total cost of credit: €77.46. The APR and the total amount to be paid are calculated on the assumption that the agreement will remain in force for the entire term and that the parties will meet their obligations under the agreed terms and conditions and repayment deadlines. Therefore, for this specific example, the cash purchase price would be €1,000 and the total amount to be repaid in instalments would be €1,077.46.

You can choose to settle your purchase in one lump sum with no interests or fees. In this case, any amount spent using your Visa card will be paid off in your account at the end of the month.

Yes, you can finance payments of more than €60 charged to the account associated with your credit card. The money will be instantly transferred to the account, decreasing the amount of the limit available on your card. Choose a period of between 2 and 36 months to finance it. You can finance payments for the last 3 months that are shown in the list of transactions using the ‘Finance your payment’ option on either the website or app.

The applicable interest rate is 1.17% nominal monthly, 14.00% annual NIR (APR 14.93%).

Representative example for a financed payment on account of €1,000 made on 1st of the month, with the regular payment option and 12 fixed monthly instalments, on the assumption that there are no further drawdowns during that period or any breach of the terms and conditions of the agreement: 14.00% annual NIR; 14.93% APR; 11 instalments of €89.79 and a final instalment of €89.77. Total amount of credit: €1,000. Total amount owed: €1,077.46. Total cost of credit: €77.46. The APR and the total amount to be paid are calculated on the assumption that the agreement will remain in force for the entire term and that the parties will meet their obligations under the agreed terms and conditions and repayment deadlines. Therefore, for this specific example, the cash purchase price would be €1,000 and the total amount to be repaid in instalments would be €1,077.46.

Yes, it includes travel accident insurance that covers claims for death or disability as a result of an accident as a passenger on public transport, provided that the ticket had been paid with the card. This insurance covers the holder and any other person whose journey was paid for with the holder’s card. Maximum compensation: €120,202.20.

It also includes another accident insurance that in the event of claims for death or disability of the holder as a result of an accident at work or during their day-to-day pays out compensation equal to the sum of charges to the account for purchases made with the card in the last 12 months. Maximum compensation: €6,010.12.

Plus, it’s all free and with cover by Santander Seguros y Reaseguros, Compañía Aseguradora, S.A.!.

For further information on the coverage and terms and conditions, see the policy.

If you’re not yet a customer, all you need to do is open your current account with Openbank here to get your free card. Don’t forget that renewal is subject to conditions/fee.

They’re discounts you can get on top brands when you pay with your Openbank cards. Check them out here.

The fees and interest rates for the latest calendar quarter can be found on the “Bulletin Board” tab on the Openbank Legal Information page by clicking here. You can find further information in Annex 1 in the “Information on fees and interest rates charged or offered”.

For further information, call us on (+34) 91 177 33 10 and we'll be glad to help.

We make it simple. Call us on +34 91 177 33 10 if you are already a customer. Our team of professionals will be glad to help with anything you need.