Premium Card Pack (credit and debit)

It includes three useful types of insurance: travel assistance insurance,  fraud protection, and accident insurance.

Zurich Travel Assistance Insurance

Provided that the trip was paid for with any of the Premium cards, it offers cover for international travel (national travel is excluded):

• Personal accident:

- €300,000 per person up to a maximum of 5 people

- Reimbursement of purchases made with the Premium cards one year prior to the accident up to €6,000.  

• Travel assistance: among other types of cover, it includes

- Accident or illness, for example, medical expenses up to €50,000, repatriation, up to €15,000 in hospital expenses in advance, up to €2,000 in accommodation for a family member, etc.

- Luggage/belongngs: damage or theft up to €1,500, delay up to €600, stolen contents from hotel safe up to €200.

- Delayed transport: delays, cancellations, missed connections, etc.

- Third-party Liability: up to €90,000 with advance legal expenses up to €1,500.

See further details on this insurance here or, if you prefer, you can consult the simplied policy here.

Free insurance against fraud.

• From the moment you notify us, you will be protected against possible fraud with your Premium cards. Maximum of two claims per year, with no excess. From the third incident, the excess is €50.

Travel Accident Insurance with Santander Seguros y Reaseguros, S.A.

• 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.

See further details on this insurance.

Of course, the Premium Visa Credit Card adapts to your needs.

• Pay in instalments: 

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

The applicable interest rate is 0.95% monthly, 11.39% annual NIR (APR 13.86%).

Representative example for €1,500 drawn on 1st of the month, with financed payment option (revolving credit), 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: 11.39% NIR; 13.86% APR; 47 instalments of €39.05 and a final instalment of €39.23. Total amount of credit: €1,500. Total amount owed: €1,934.28. Total cost of credit: €434.28 - €374.58 in interest + €59.70 in renewal fees for 3 years. The calculation includes the card issuance fee: €0, and from the second year onwards, the renewal fee for cards is €19.90 each year. 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. French amortisation schedule. Therefore, for this specific example, the cash purchase price would be €1,500 and the total amount to be repaid in instalments would be €1,934.28. Please note that the monthly instalments are first and foremost used to pay off the agreed interests and charges and, secondly, to repay the amount borrowed; therefore, choosing reduced instalments may only cover repayment of the residual interest proportion of the credit.

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 €30 into various instalments,  between 2 and 36 months 

The applicable interest rate is 0.79% monthly NIR, 9.57% annual NIR (APR 10.00%).

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: 9.57% annual NIR; 10.00% APR; 11 instalments of €87.72 and a final instalment of €87.67. Total amount of credit: €1,000. Total amount owed: €1,052.59. Total cost of credit: €52.59. 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 €1,052.59.

If you choose the full payment option, you will make a single payment, without interest or fees, of the full amount charged to your card and it will be settled in your account each month.

Yes, you can finance a payment of €30 or more 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 interest rate for a financed payment is 0.79% monthly, 9.57% annual NIR (APR 10.00%*).

*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: 9.57% annual NIR; 10.00% APR; 11 instalments of €87.72 and a final instalment of €87.67. Total amount of credit: €1,000. Total amount owed: €1,052.59. Total cost of credit: €52.59. 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 €1,052.59.

The issuance of both Premium cards is free for the main holder. Renew them for just €19.90 per year. Any additional cards you request are free and have no fees for issuance or renewal.

Premium MasterCard debit card.

• Withdraw money from over 7,500 Banco Santander ATMs in Spain: free.

• Withdraw cash at other banks' ATMs in Spain: you will only pay the fee shown at the ATM.

• Withdraw cash at other banks' ATMs in the EU: you will only pay the fee shown at the ATM.

• Withdraw cash at other banks' ATMs outside the EU: 4.5% of the cash withdrawn (minimum: €3).

• Make domestic transfers in euros, check balance and statements and top up your mobile phone at Banco Santander ATMs in Spain: free.

• Check balance and perform other transactions at other ATMs: €0.50 (single fixed amount).

• Purchases in foreign currencies: 3% of the amount.

• Monthly fee for alert service (SMS alerts of payments made with the card): free.

Premium VISA Credit Card.

• 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 indicated by the ATM.
  • Cash withdrawals from other banks within the EU. You will only pay the fee indicated by the ATM.

• Withdraw cash at other banks' ATMs outside the EU: 4.5% of the cash withdrawn. Minimum fee: €3.

• Purchases in foreign currencies: 3% of the amount. Minimum fee: €2.

• Transfer cash from your current account to your Premium  VISA Credit Card: free.

• Transfer cash from your Premium VISA Credit Card to your current account: 3.90% of the amount transferred. Minimum: €3.90.

• Monthly fee for alert service (SMS alerts of payments made with the card): free.

With contactless technology, all you need to do is hold your Premium cards close to the terminal for automatic and secure payment. Plus, if the amount of the purchase is less than €50, you will not be asked to enter your PIN number.

Set up free SMS alerts to be instantly notified about any purchases made with your card. You’ll be sent an SMS message with the transaction amount.

You can also protect your online purchase by enabling the 3D Secure System on the website. You’ll receive an SMS message with an alphanumeric code that allows you to authorise any online purchase you make.

Apply for it here or by calling +34 91 177 33 37.

Once you have received your Premium Pack, check the PIN for your cards online by logging in to the Customer Area. You can choose another combination whenever you wish so that's easier to remember.

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 37 and our team of professionals will be glad to help with anything you need.