12-Month Open Deposit at 2.25%1 APR and annual NIR
With your salary or monthly income2 (€900 min.).
Earn interest from 1st day and euro4
- Earn interest at 2.25% APR1 and annual NIR when you pay in your monthly salary, pension, unemployment benefit or recurring income of at least €9002 .
- Earn interest at 1.25% APR1 and annual NIR without paying in your monthly income.
For balance increases
- If you're already a customer, the money you pay in to your deposit must increase the overall balance you had at Openbank on 31 March 2026.
- If you're not a customer yet, you can add any amount, from as little as €1.
- You can bring the money over by bank transfer, cash deposit, etc.
Your money is always available
- Close the fixed-term deposit whenever you want1.
- If you close it before the end of the 12-month term, you'll get all the money deposited and interest at 0.20% APR1 and annual NIR for the period it was held in the deposit.
See the Pre-contractual Information for the 12-Month Open Deposit.
Your money is always available
Want to learn more about the 12-Month Open Deposit?
What is the 12-Month Open Deposit?
How much interest do you receive?
Are there any costs?
How can you open the 12-Month Open Deposit?
What is the 12-Month Open Deposit?
It is a fixed-term deposit that you can open from €1, with funds you bring over to Openbank. Your balance earns interest that will be paid at the end of the 12-month term. Plus, you will earn higher interest1 if your salary, pension, unemployment benefit or any other type of income -of at least €9002- is paid into Openbank for at least 10 months of the fixed term.
How much interest do you receive?
You will earn 2.25% APR1 and 2.00% annual NIR over 12 months if you set up a direct deposit for your monthly salary, pension, unemployment benefit or other type of income of at least €9002 a month (which cannot come from another Openbank account). If not, you'll earn interest at 1.25% APR1 and 1.00% annual NIR.
Plus, you can close the deposit before the end of the fixed term without incurring any fees. We'll return all your savings plus an extra 0.20% APR1 and annual NIR for however long you held your balance.
Are there any costs?
The 12-Month Open Deposit has no early withdrawal fee2. You can close it before the end of the fixed term and withdraw your savings along with the interest earned. Bear in mind that the interest will be lower if you fail to meet the conditions.
How can you open the 12-Month Open Deposit?
You must open a fee-free Open Current Account, which comes with an Open Debit Card that is free for the main holder. One account, one deposit and one card to save and manage your money.
Open your deposit online or, if you would prefer to speak to someone, call us on 91 177 33 37 or 900 36 53 66 if you're not a customer yet.
Check out the other products and services available on our website.
1 REPRESENTATIVE EXAMPLE of the 12-Month Open Deposit with a balance of €25,000 and interest settlement at the end of the term: (i) if all conditions are met, 2.25% APR and annual NIR will be applied, and the gross interest would be €562.50; (ii) if a direct deposit for your salary, pension, unemployment benefit or other type of monthly income of at least €900, which must not come from another Openbank account, is not set up for at least 10 months, 1.25% APR and annual NIR will be applied, and the gross interest would be €312.50; (iii) in both cases, if you fail to comply with the 12-month term and only hold the balance for 6 months, for example, 0.20% APR and annual NIR will be applied, and the gross interest would be €25.00.
2 Salary, pension, unemployment benefit or other type of monthly income of at least €900 for at least 10 months.
3 For cash deposits, the maximum guaranteed amount by Spain's Deposit Guarantee Fund for Credit Institutions is €100,000 per depositor in each credit institution.
4 The interest will be paid into the Openbank current account or payroll account in the name of the holder at maturity (at the end of the fixed term).