Additional money to handle the unexpected.
No arrangement or application fees.
You only pay interest on the money you need and for the days you have used it.
If you pay in your salary by direct debit or have savings, funds or investments at Openbank.
Instant money to cover the unexpected1
You can apply for between €300 and €12,000 as additional balance in your account.
No opening or application fees.
Simple to obtain. The amount we grant will depend on your salary and your savings and investments at Openbank.
Only pay for what you use
Only pay interest on the amount drawn and for the days you have used it. If you don’t use it in the end, it won't cost you anything! For example, if you use €500 for 10 days, you will only pay €1.06 for the month.
Annual NIR of 7.72% (8.00% APR2) will be charged at the time of the monthly settment of your account, provided you have used it.
Easy and convenient for you
Apply for it online and it will be available in less than a minute.
It will be available for one year and renews automatically, provided that your conditions do not change.
1 No contract will be signed. The loan is subject to Openbank's approval and analysis, provided that the following requirement is met: salary is paid in directly, or savings, funds or investments are held at Openbank.
2 The annual nominal interest rate (NIR) is 7.72% (8.00% APR). We will settle it in your current account each month at the same time as the monthly account settlement. For example, if you use €500 over 10 days to pay for your car insurance, when your account is settled, you will only pay €1.06 for the interests; therefore, the total amount of the loan would be €501.06.
Become a customer in just three steps, wherever you are
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.
Confirm your identity
With no need to go anywhere. By video call, providing your account number in another bank.
We will send you an SMS text with a security code to access your contract so that you can sign it online.