Open Payroll Account
Enjoy extra benefits all year round for saving, travelling
and shopping
✔ 2.50% APR1 on your 6-month deposit
✔ €0 for Travel+ fee-free payments abroad
✔ 2% off your online purchases
Everything you want ... fee free
✔ €0 for your account and cards2
✔ €0 for sending money
✔ €0 for cash withdrawals
Enjoy extra saving, travel and online shopping benefits
Double the amount you earn on your 6-month Open Deposit
With your salary or monthly income
2.50% APR1 and 2.48% annual NIR
Without your salary or monthly income
1.25% APR1 and 1.25% annual NIR
From just €1 and with no balance limit – so earn interest on all the money you bring to Openbank4.
Only until 07/09/2026
Save 2% on your online purchases
✔ Save 2% on Amazon.es gift cards
Buy yours on the Openbank app or website.
✔ Get 1% cashback when you pay with Bizum - up to €30 a year
Pay for your purchases at over 90,000 retailers in Spain and get cashback at the beginning of the following month.
Enjoy fee-free payments on your travels
€0 for Travel+
Turn the travel benefits on whenever you want on your Open Debit Card.
✔ €0 for payments in any currency5
✔ €0 for 2 cash withdrawals a month from any ATM worldwide
Travel+ normally costs €4.99 a month, but you get it free of charge when you pay in your salary6.
Pay in your salary and enjoy
even more savings
Get up to 0.50% off your mortgage interest rate
✔ 0.30% off your mortgage rate when you pay in your salary
✔ 0.20% off when you also take out insurance with Openbank7
Get an advance on your salary
Apply for an overdraft whenever you need money little earlier8.
Enjoy more ways to help manage your finances
Applying for a credit card or increasing your overdraft limit is quicker when you pay in your salary.
We'll help you get started in 3 simple steps
Need help? Find out how to switch your salary here.
We've got your back every step of the way
support
By phone, app or chat.
ready to help
The best telephone customer service in Spain8
intuitive app
Manage everything on the app: your accounts, cards, bills and more.
by your side
In your new projects, dream home or retirement, etc.
This is the account for you if you want:
✔ More from your money, with clear and useful benefits for your day to day
✔ A 100% digital account that lets you do everything easily on a single app
✔ More freedom to travel and pay in any currency without changing cards
✔ A higher return on your savings
✔ Savings on your online shopping and cashback
✔ Reassurance that people are always on hand to help
(i) See the Pre-contractual Information and Fee Information Document for the Open Payroll Account.
1REPRESENTATIVE EXAMPLE for the fixed 6-Month Open Deposit, with interest paid at maturity and a deposit balance of €25,000: (i) if all conditions are met, 2.50% APR and 2.48% annual NIR will be applied, and the gross interest would be €310.56; (ii) if all conditions are not met, 1.25% APR and annual NIR will be applied, and the gross interest would be €155.75; (iii) if you fail to comply with the 6-month term and only hold the balance for 3 months, for example, 0.20% APR and annual NIR will be applied, and the gross interest would be €12.50.
2Open Payroll Account with no maintenance, administration or closure fees, and the Open Debit Debit Card with no issuance or renewal fees for the main account holder. Please read the Fee Information Document for the Open Payroll Account and the Pre-contractual Information for the Open Debit Debit Card. Approval of the credit card is subject to a credit assessment.
0% APR and annual NIR.
REPRESENTATIVE EXAMPLE with a constant balance of €10,000 held for the first year at 0% NIR (0% APR): gross annual interest of €0.
3If the currency of the sending account is different from that of the receiving account, the applicable exchange rate shown on our website will apply. Currency conversion may incur a charge.
4Please note that the interest rate applies only to new funds transferred from outside the bank that increase your total balance with Openbank compared with your balance as of 30 June 2026. You must keep your salary paid into your account or continue receiving your monthly income for at least 4 months during the deposit term.
5No fees are charged by Openbank. Mastercard may apply a margin to the European Central Bank exchange rate.
6The €4.99 fee you pay to activate Travel+ will be refunded to the account linked to your card within approximately 30 days.
7Open Bank, S.A., a tied bancassurance intermediary registered with the Spanish Directorate-General for Insurance and Pension Funds (DGSFP) under registration number OV-008, distributes Home Insurance provided by Zurich Insurance plc, Spanish Branch, and Life Insurance provided by Zurich Vida, Compañía de Seguros y Reaseguros, S.A. Civil liability and financial capacity are covered in accordance with applicable legislation. Open Bank, S.A. has agency agreements in force with Zurich Insurance plc, Spanish Branch, and Zurich Vida, Compañía de Seguros y Reaseguros, S.A.
8 Approval of the application, the granting of the facility and the amount available are subject to Openbank's risk assessment.
9Source: STIGA NPS Benchmarking, second half of 2025.
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Want to learn more about the Open Payroll Account?
What is a payroll account?
What do I need to open a payroll account?
How do I switch my salary to Openbank?
When do I start enjoying the benefits?
What are the benefits of paying in your salary?
Does the Open Payroll Account charge any fees?
What happens if I stop paying in my salary?
Can I pay in a pension, unemployment benefit or recurring income instead?
Can I set up direct debits in my payroll account?
Are transfers free if I want to send money?
What is a payroll account?
A payroll account is just like a current account, but with extra benefits when you pay in your salary, pension, unemployment benefit or receive monthly income of at least €900.
You can use it for all your everyday banking: set up direct debits, activate Bizum, make transfers or pay with your card.
What do I need to open a payroll account?
Pay in a salary, pension or unemployment benefit of at least €900 per month, or receive a monthly transfer of at least €900.
As soon as you start receiving any of these payments into your current account, it will automatically become an Open Payroll Account.
How do I switch my salary to Openbank?
It's easy. Just give your employer the IBAN of the account where you'd like to receive your salary, and they'll start paying it into that account.
You can find your IBAN in your Customer Area on the app or website.
If you'd like to pay in your pension or unemployment benefit instead, you'll need to notify the organisation that pays it.
Need an account ownership certificate? You can download one on the app by going to Accounts > Account details > Certificates.
When do I start enjoying the benefits?
As soon as you receive your first salary payment or qualifying income into your account.
Ask the organisation that pays your salary or income to make the change, so your next payment starts unlocking all your benefits.
What are the benefits of paying in your salary?
✔ Earn 1% cashback on online purchases withBizum, up to €30 per year.
✔ Enjoy Travel+ benefits at €0, as the €4.99 activation fee for your debit card is refunded.
✔ Get 0.50% cashback every month on your direct debit payments for electricity, gas, landline, mobile and internet bills until 1 September. This benefit will no longer apply from 1 September 2026.
You'll also enjoy better terms on other products:
✔ Benefit from preferential interest rates on the 12-Month Open Deposit and the Open Savings Account.
✔ Get 0.30% off your Open Mortgage interest rate.
✔ Apply for an overdraft if you need access to extra funds for unexpected expenses.
✔ Applying for a loan, credit card or a higher credit limit is quicker and may be easier.
Does the Open Payroll Account charge any fees?
The Open Payroll Account is free from the following fees:
✔ €0 to open, maintain or close your account (0% APR and annual NIR).
✔ €0 for domestic and international transfers in the available currencies.
✔ €0 for unlimited cash withdrawals at over 5,000 Banco Santander and Euro Automatic Cash ATMs in Spain.
✔ €0 to apply for and maintain your debit card for the main cardholder.
✔ €0 to apply for and maintain your credit card for the main cardholder, subject to approval.
You can find more information in the Fee Information Document for the Open Payroll Account
What happens if I stop paying in my salary?
If you stop receiving your salary or any other qualifying income of at least €900 per month, you'll no longer enjoy the benefits of the Open Payroll Account, and your account will become an Open Current Account.
Can I pay in a pension, unemployment benefit or recurring income instead?
Yes. You can pay in a pension or unemployment benefit of at least €900 per month and enjoy all the same benefits.
You can also qualify by receiving recurring monthly transfers of at least €900 from another bank.
Can I set up direct debits in my payroll account?
Yes, you can.
Bring your direct debits over with just a photo.
Open the app and go to Open Payroll Account > Direct Debits > Select the account > Three-dot menu (···) > Switch direct debits.
Are transfers free if I want to send money?
Yes. Standard and instant domestic euro transfers are free.
International transfers in any of the available currencies are also free. However, if the currencies of the sending and receiving accounts are different, the exchange rate published daily on our website will apply.