Your day-to-day banking here
sure pays off
· €200 if you bring over 2 direct debits (€20/month).
· €200 with Bizum and your savings - earn interest at
2.02% APR for one year (e.g., for a balance of €10,000).
· Account and card for €02.
Get an extra €200 with your direct debits
Bring over to Openbank at least 2 direct debits for your bills and get €20 cashback per month for 10 months.
Get €200 with Bizum
Activate Bizum and earn interest on your savings without limit at 2.02% APR1, 2% annual NIR, for a whole year. For example: bring over €10,000, earn €200 interest. Bring over €20,000, earn €400 interest. It's that simple.
And yes, you read it right: without limit! So, the more you bring over, the more you earn!
Open an account using the code OPEN400
Calculate how much you can earn in a year … with no maximum limit!
Day-to-day banking: hassle-free and zero fees
Open an account using the code OPEN400
100% digital, 100% human support
Turn your card on and off, finance purchases, chat with an agent and manage your investments.
Speak to people who know your case and who are on hand to help when you need them.
Acknowledged as one of the banks most highly valued by its customers.
Enjoy the peace of mind of being with one of the world's largest financial groups.
Open an account and see how your day-to-day banking pays off
- Open an account with the code OPEN400 until 17/04/26 (inclusive).
- Activate Bizum and set up direct debits for at least 2 bills.
- Each month that you meet the conditions, you will receive €20 for your direct debits and the interest earned on your savings in your Openbank Interest-bearing Account.
What products do I get when I open an account?
Open your current account with no opening, maintenance or closing fees. Plus, you also get a debit card linked to the account with no application, maintenance or renewal fees for the main account holder.
If you also use the promotional code OPEN400 during the account opening process, you will also open an interest-bearing account, exclusively for new customers, which also has no maintenance, administration or closure fees, and pays interest on your savings at 2.02% APR, 2% annual NIR, for one whole year.
See the fees applied for the use of the main services associated with the payment account in the Pre-contractual Information and the Interest-bearing Account Fee Information Document.
What is the Openbank Interest-bearing Account?
It is an account with no maintenance, administration or closing fees, where your savings generate interest that you receive monthly. You can open it using the code OPEN400 when you become a customer. You can open it with as little as €1 and earn interest on your entire balance, with no limits, for 12 months. After that, it will automatically become an Openbank Savings Account, where your money will earn interest at the rate applicable to that account at the time.
What's more, you can withdraw all or part of your money at any time, including the interest you have earned up to that point, by means of an external transfer or transfer between your accounts at Openbank.
For further information, please see the Interest-bearing Account Fee Information Document.
Do I need to take out each product separately?
No, if you use the promotional code OPEN400, you will get the current account, savings account and card. Plus, you will also receive €20 per month for 10 months if you set up direct debits for at least two bills.
Will I receive separate documentation for each product?
Yes, each product has its own terms and conditions, but you only have to sign the agreements once and the process is 100% online.
What do I get with this promotion?
If you use the code OPEN400 when you become a customer, you will get an exclusive interest-bearing account (only for new customers), in which you will earn interest on all your savings at 2.02% APR for a whole year, with no maximum limit. What's more, if you bring over at least two bills, we'll give you €20 cashback every month for ten months. Please note: you can only get this if you use the code OPEN400 when you open your account.
When will I receive the promotion incentive?
- If you set up direct debits for at least two bills, you will receive €20 per month for 10 months in your Open Current Account. Please note that the last payment will be made on 30 June 2027, even if you have not reached the maximum of 10 payments. To get the €200, set up direct debits for your bills before 31 August 2026.
- If you activate Bizum with Openbank, you will receive interest generated based on your balance in your interest-bearing account for one year as from the date the account is activated. As there is no maximum limit, the greater your balance, the more interest you will receive.
Which bills do I need to set up direct debit for to get the €200?
You must set up direct debits for at least two bills to receive €20 per month for ten months. If you do not meet this requirement in any given month, you will not receive the €20. Please note that the last payment will be made on 30 June 2027, even if you have not reached the maximum of ten payments. To get the €200, set up direct debits for your bills before 31 August 2026!
What happens if there’s a month in which I don’t meet the conditions?
You simply won't receive the incentive for that month, but there is no penalty. And if you meet the conditions again the following month, you will receive the incentive for that month.
Can I transfer money fee-free between my current account and my savings account?
Yes, transfers between accounts are not only free of charge, they are also instant.
What happens if my current account balance is zero, but I have money in my savings account?
The debit card is linked to your current account, so you cannot directly use the balance in your savings account. You will have to first transfer it to your current account.
Whatever you've got in mind, we've got your back
- When abroad, pay without incurring additional fees4 and enjoy complete security by activating the Travel+ benefits on your cards5.
- Send and receive fee-free international transfers in available currencies almost anywhere in the world. It’s quick and easy on the app.
- Invest in the leading cryptocurrencies from £1 directly in our app, without having to move your money to another platform.
- Buy and invest in shares, funds, ETFs and warrants, and use financial analysis tools with artificial intelligence to help you make your investment decisions.
- For that big moment, you can count on your Open Mortgage and an advisor who will accompany you throughout the entire process.
Open an account using the code OPEN400
Crypto-assets are complex financial products and may be difficult to understand. Their prices are volatile, so you may lose all or part of your investment. These assets are not protected by regulated market mechanisms, which may lead to manipulation and liquidity risks. In addition, they are not covered by any guarantee fund and the technology on which they are based may be exposed to risk (cyber fraud) or operational failures. Further information on all the risks associated with crypto-asset trading can be found here. If you request a refund of the crypto-assets, you can consult the summary of the applicable procedure here.
Please note that all investments involve a certain level of risk, including the lack of return, loss of invested capital and/or exchange-rate risk for non-euro-denominated products.
The level of risk and information on each of the investment funds, ETFs and/or pension plans marketed by Open Bank, S.A., are detailed in the Information Brochure or Key Investor Document (KIID) for each investment fund or ETF, or in the Key Investor Information Document for each pension plan, available at www.openbank.es and/or www.cnmv.es.
1 Interest corresponding to the first year. Monthly interest settlement.
REPRESENTATIVE EXAMPLE of interest with a constant balance of €10,000 for one year at 2.02% APR and 2% annual NIR. Gross annual interest of €200.
2 0% APR and annual NIR. REPRESENTATIVE EXAMPLE of interest with a constant balance of €10,000 for the first year at 0% annual NIR (0% APR). Gross annual interest of €0.
3 Source: Benchmarking NPS Stiga, second half of 2025.
4 Visa and Mastercard may apply a mark-up to European Central Bank exchange rates.
5 Travel+ benefits are available on the Open Debit Card for €4.99/month and on the Open Credit Card for €2.99/month.
6 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.