Open Payroll Account
A fee-free1 account that never stops giving!If you're a new customer, use code NOMINA
Get 0.5% cashback on your bills
Free debit and credit cards2
Fee-free transfers
Open Discounts
At Openbank, your day-to-day banking pays off
✔ €200 for setting up direct debits for 2 bills (€20/month)
✔ €200 for activating Bizum and bringing over your savings. Earn 2.02% APR5 for a whole year (e.g., balance of €10,000).
All you want from a bank, free of charge1
- Opening and closing your account5.
- Account maintenance and administration.
- An Open Debit Card for the main holder.
- An Open Credit Card2 for all holders.
- Transfers in any currency available3.
- Paying all your bills by direct debit.
Just what you need
- Withdraw cash at over 5,000 free Banco Santander and Euro Automatic ATMs in Spain.
- Ask to receive SMS alerts about your transactions.
- Get personalised customer service 24/7 on 91 177 33 10 or 900 22 32 42.
A world of benefits
In addition to getting 0.50% cashback on the bills you pay by direct debit, including electricity, gas, internet, and landline and mobile bills, you can get improved conditions on a range of different products.
See the Pre-contractual Information and Fee Information Document for the Open Payroll Account
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 Payroll Account?
What do you get with the Open Payroll Account?
How can you enjoy the advantages of the Open Payroll Account?
What if you don't receive a salary, pension or unemployment benefits?
What can you do for free?
How can you arrange for your salary to be paid in directly? And your bills direct debited?
How can you open an Open Payroll Account?
What is Open Discounts?
What do you get with the Open Payroll Account?
Arrange for your salary to be paid into Openbank1 and enjoy all these advantages:
- You will receive 0.5% cashback on your main bills: electricity, gas, telephone, mobile phone and Internet.
- Free Open Credit Card.
- The option to receive an advance on your salary with Openbank's Overdraft Protection.
- You will earn a better interest rate with the fee-free Openbank Savings Account.
1 You can enjoy the benefits of the Payroll Account if: (i) you arrange for your salary, pension or unemployment benefit of at least €900 to be paid directly into your account; or (ii) you receive monthly transfers of at least €900 from any other bank.
How can you enjoy the advantages of the Open Payroll Account?
By having your salary, pension or unemployment benefits of at least €900 paid directly into your account. You can also take advantage of the benefits of the Open Payroll Account when you receive regular transfers (from any bank) of at least €900.
What if you don't receive a salary, pension or unemployment benefits?
You can still open the account. All you have to do is make one monthly transfer of at least €900 to be eligible for the benefits.
What can you do for free?
- Obtain or renew the Open Debit Card for the main holder.
- Obtain or renew the Open Credit Card for all holders.
- Deposit or withdraw cash in euros with the debit card at any Banco Santander branch or ATM in Spain.
- Withdraw cash with the debit card from over 5,000 Banco Santander and Euro Automatic Cash ATMs in Spain.
- Send or receive transfers in any currency available.
- Pay all of your bills by direct debit.
See the applicable fees for using the main services associated with the payment account in the Pre-Contractual Information.
How can you arrange for your salary to be paid in directly? And your bills direct debited?
It's simple:
Salary: Fill in this application, sign it and give it to your company. You can also give them the details of the account where you want to receive your salary.
Bills: You have several ways to arrange direct debits for your bills:
- You can upload an image of your bill. In your Customer Area, go to “Accounts/Direct Debits”, click on “Direct Debit Management” and then “Pay bills by direct debit”.
- Or, if you prefer, fill in this application form and upload it to your Customer Area by clicking on Documentation > More options > Upload documentation. Please select "Direct debits" from the list to upload the documents.
- You can also send the application by post, with a photocopy of your bills, to Openbank, Paseo de la Castellana 134, 28046 Madrid (Spain).
How can you open an Open Payroll Account?
If you are a customer:
You can switch your Current Account to a Payroll Account, without changing account numbers.
Enter the customer area and select the current account where you already have or are going to deposit your income and click on the "Open Payroll Account" option at the bottom right-hand side of the screen.
If you are not yet a customer:
- Call us on +34 91 177 33 37
- Come see us at our main branch at Paseo de la Castellana, 134, Madrid.
What is Open Discounts?
They are discounts you can get on top brands when you pay with your Openbank cards. Check them out here.
1 0% APR and annual NIR
Representative example of interest with a constant balance of €10,000 held for the first year at 0% NIR (0% APR): gross annual interest of €0.
2 0% APR and annual NIR. Representative example for €1,500 drawn and lump sum payment at the end of the month: 0% NIR; 0% APR; Total amount borrowed: €1,500. Total amount owed: €1,500. Total cost of credit: €0. Card issue fee: €0. The APR may vary depending on the repayment method selected: financed payment in fixed or variable instalments (revolving credit) or financed purchases for at least €30 over 1 to 36 months, as well as failing to meet conditions. For further Conditions on the rest of repayment methods, click the following link: https://www.openbank.es/en/credit-card-visa-opencredit.
3 Bear in mind that if the currencies of the source (issuing) account and destination (receiving) account are different, the exchange rate published daily on our website will be applied.
4 Please note that in order to take advantage of certain discounts, you must pay with an Openbank card.
5 You can enjoy the benefits of the Payroll Account if: (i) you arrange for your salary, pension or unemployment benefit of at least €900 to be paid directly into your account; or (ii) you receive monthly transfers of at least €900 from any other bank.