At Openbank, your day-to-day banking pays off
✔ 2.50% APR with Bizum4 and your savings (no limit)
✔ €200 extra when you switch 2 direct debits (€20/month)
- Account maintenance, administration and closure.
- Standard and instant transfers in euros, both domestic and international (within the EU).
- Debit card cash withdrawals at more than 5,000 Banco Santander and Euro Automatic ATMs in Spain with your Open Debit Card, which is free for the main holder.
- Add your Openbank cards to your mobile or smart watch and pay with easy at any contactless reader2.
- Invite up to 4 co-holders or authorised users to share your account.
- With the Financial Aggregator, you can add your accounts at other banks operating in Spain to keep an eye on them all in the same place.
- As an Openbank customer, you can save money on top brands with Open Discounts3.
- With Card Control, you can turn your cards on and off at any time or limit their use at ATMs, online shopping and by location.
- You control the devices you use to access your current account and choose whether you want to block or log out of them.
- Use the Password Manager service to manage and store your passwords in a safe place that only you can access. Plus, it's free!
See Pre-Contractual Information and Fee Information Document for the Open Current Account
The safe option for your savings
With the backing and solvency of the Santander Group
Learn more about your Openbank account
Check out the main features of your account, the essential information and documents, and the applicable cooling-off period.
Want to learn more about the Open Current Account?
Do I have to meet any special criteria or requirements to open the current account?
What can you do with your Open Current Account?
What are the fees?
Does it include the Open Debit Card?
Can you add more people to the Open Current Account?
How do you open a Current Account?
Do I have to meet any special criteria or requirements to open the current account?
To open an account, you have to be of legal age, a resident in Spain, and hold a valid ID document.
What can you do with your Open Current Account?
You can carry out everyday banking: deposit and withdraw cash, transfer money, and arrange to have your salary paid into your account or your bills paid by direct debt from the same account.
What are the fees?
The Open Current Account is a fee-free account (0% NIR, 0% APR1) , so you won't pay any maintenance, administration or closing fees, or any day-to-day banking charges:
• National and international transfers in euros within the EU.
• Paying bills by direct debit.
• Debit card cash withdrawals at more than 5,000 Banco Santander ATMs in Spain.
See the applicable fees for using the main services associated with the payment account in the Pre-Contractual Information.
Does it include the Open Debit Card?
Yes. When you become a customer and open the Open Current Account, you get an Open Debit Card for free if you are the main holder. The issuance and annual renewal of additional cards for other co-holders will cost €18 per card.
You can use this card, associated with your Open Current Account, to make payments and withdraw cash with no applicable fees at over 5,000 Banco Santander in Spain.
You can also add your Openbank card details to your mobile or smartwatch and pay at any contactless reader2. We support the following main platforms: Openbank Mobile Payment, Apple Pay, Google Pay, Samsung Pay, Fibit Pay and Garmin Pay.
Can you add more people to the Open Current Account?
Yes, you can include up to 4 additional holders and/or authorised users. They must be of legal age, reside in Spain, and hold a valid ID document.
The holders will have the same authorisations and tax obligations as you. They can also close the account and apply for any product.
The authorised users do not have tax obligations and can carry out all kinds of banking transactions; however, they cannot close the account or apply for financing.
The holders and/or authorised users you invite to share your new account can be both new or existing Openbank customers.
How do you open a Current Account?
You get your fee-free1 Open Current Account when you follow the online process to become a customer. Click here and open your account in less than 10 minutes.
If you prefer, you can also open your fee-free1 Current Account by visiting our branch or by calling (+34) 91 177 33 37.
1 0% NIR and 0% APR.
1 0% APR and annual NIR.
Representative example of interest with a constant balance of €10,000 during the first year at 0% annual nominal interest (0% APR), remuneration of €0 gross per year.
2 You will need to activate the NFC feature to use this service on an Android device.
3 Please note that in order to take advantage of certain discounts, you must pay with an Openbank card.
4 Interest corresponding to the first year. Monthly interest payments. REPRESENTATIVE EXAMPLE of the interest earned with a constant balance of €10,000 for 12 months at 2.50% APR and 2.47% annual NIR: gross annual interest of €247.