Interest-bearing Accounts
Your savings grow from the first day and euro
Welcome Savings Accounts
Accounts for new customers with no fees or charges
Welcome Savings Account
Financial returns from day one
Earn interest at 1,76% APR1 and 1.75% annual NIR for the first year on any balance up to €100,000.
No fees or charges
Open, maintain and close the account with no fees or charges.
Save at your own pace
Deposit the money you want, when you want and for as long you want.
Full access to your money
Withdraw as much as you want, whenever you want it.Welcome Savings Account with Payroll
Earn more with your salary
Earn interest at 5.12% APR1, 5% annual NIR up to €5,000 for the first 12 months, subject to conditions.
Save at your own pace
Deposit the money you want, when you want and for as long you want.
Your money always available
Withdraw what you need at any time.
No charges or fees
Open, maintain and close your interest-bearing savings account for free and with no fees.Savings Accounts
Accounts for everyone with no fees or charges
Openbank Savings Account
Return
Earn interest at an annual NIR and APR of up to 0.20%1 subject to conditions.
Save at your own pace
Save from €1, whenever you want and for as long you want.
Access your money when you need it
Withdraw what you need at any time.
No fees or charges
Free to open, maintain and close your account.Open Young Savings Account
Savings that grow with them
Balance from €1 to €1,000,000 at 0.15% APR1 and annual NIR. Earn interest every month!
Saving at their pace
Deposit as much and as often as you want until they turn 18.
Full access to savings
Withdraw all or some of the money, and the interest earned, at any time.
No fees or charges
Open, maintain, close and send transfers with no charges or fees.Interest-bearing accounts are like piggy banks - you deposit the money you want to save. They offer you a return and/or other type of interest. The return on each savings account is indicated by the NIR (Nominal Interest Rate), which specifies the interest you will earn.
You can carry out a standard external transfer from your savings account at any time fee-free. You can also transfer between your accounts at Openbank.
1 For the Welcome Savings Account:
Interest for the first year. Monthly interest settlement.
Representative example of interest earned with a constant balance of €25,000 for the first 12 months at 1.76% APR and 1,75% annual NIR: gross annual interest of €437.50.
For the Welcome Savings Account with Payroll:
Interest for the first year. Monthly interest settlement.
Representative example with a constant balance of €5,000 in the first year:
- If conditions are met i.e., you arrange for your salary or pension of at least €900 to be paid directly into your Openbank account (condition): 5% annual NIR (5.12% APR). Gross annual interest of €250.
- If conditions are not met: 0.05% APR and 0.05% annual NIR. Gross annual interest of €2.50.
For the Openbank Savings Account:
Representative example of interest earned with a balance of €10,000 held for the first year:
- If you set up a direct deposit of your salary or pension of at least €600 or direct debits for three monthly or bimonthly bills: at 0.20% APR and 0.20% annual NIR, the gross annual interest would be €20.
- If you don't meet the previous conditions: at 0.05% APR and 0.05% annual NIR, the gross annual interest would be €5.
No maximum limit to earn interest on. Monthly settlement of interests.
For the Open Young Savings Account:
Representative example with a constant balance of €6,000 held for the first year at 0.15 APR and 0.15% annual NIR: gross annual interest of €9.
