Openbank offers 3% on pension plan transfers


Openbank, the 100% digital bank of the Santander Group, is launching its end-of-year pension plan campaign, offering 3% on all pension plans transferred over to any of those marketed by Openbank. It also offers 1% on new pension plans and additional contributions.

Both current customers and non-customers can join the promotion on the Openbank website or app, or by giving us a call, using promotional code PLANES23. To meet the conditions of this promotion, participants need to transfer or switch an existing pension from another bank and/or invest in or make additional contributions to any pension plan Openbank has in its catalogue before 31 January 2024 and maintain it for five years. The maximum amount participants can receive is €3,000, which will be paid during the last week of February 2024.

Between January and September 2023, the bank doubled net pension plan inflows. Among the categories most requested by customers are equity plans and mixed plans.

Openbank customers currently have access to one of the most modern and comprehensive investment platforms on the market, which includes open architecture that allows them to choose from over 40 pension plans with five different asset managers.

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