Openbank launches its pension plan campaign: 3% on transfers and 1% on new plans and contributions

06/10/2025

  • The bank is offering up to €3,000, which will be paid in the first half of March 2026.
  • Customers can choose from more than 40 pension plans offered by five different asset managers.

Openbank, Santander Group’s 100% digital bank, has launched a new pension plan campaign aimed at both new and existing customers.

The bank will offer a 3% incentive on all transfers from other providers into the pension plans it currently offers. In addition, customers who make new contributions or take out a new plan will receive an additional 1%. Both incentives can be combined, up to a maximum of €3,000 per customer.

Any new or existing customer wishing to take advantage of this promotion must sign up using the code “PLANES25” on the bank’s app or website before 9 January 2026 (inclusive) and, in addition, take out a plan, transfer one from another provider and/or make an additional contribution between 6 October and 13 February 2026 (both inclusive). The incentive will be paid in the first half of March 2026.

Openbank currently offers one of the most innovative and comprehensive investment platforms on the market, designed to suit all types of investors. Its range includes an automated investment service (robo-advisor), more than 3,000 investment funds from over 120 asset managers, as well as a brokerage platform with a catalogue of more than 3,000 stocks and more than 2,000 ETFs. In addition, it provides an AI-powered tool that delivers price targets for leading stocks across Europe and the United States.

The bank has also recently launched its cryptocurrency trading service in Germany (Bitcoin, Ether, Litecoin, Polygon and Cardano), which will soon be available in Spain.

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