Welcome Savings Account with payroll

Welcome Savings Account with Payroll
First 6 months 3% annual NIR* (1,72% APR)

*Subject to conditions

A savings account without fees for new customers

Promotional code: BIENVENIDANOMINA

Open your account

More return with your payroll

Obtain a 3% annual NIR* (1,72% APR) for the first 6 months from €1 to €15,000, subject conditions.

Save flexibly

Deposit the money you want, when you want and for as long you want. 

Your money always available

Withdraw what you need at any time.

No charges or fees

Open, maintain or close your interest-bearing savings account for free and with no fees.

Earn interest on your savings from day one and from the first euro 

  • With a nominal interest rate of 3% annual NIR* for the first 6 months  (1,72% APR subject to conditions) and from €1 to €15,000, in a savings account for new customers, just for having your salary or pension of at least €900 paid automatically into your Open Payroll Account, where you can also arrange to pay your bills by direct debit, and everything without fees. For amounts over 15,000 euros, your nominal interest rate will be 0.40% per year for the first 6 months (0.40% APR)**.

  • From the seventh month on, your Welcome Account with Payroll will become your Openbank Savings Account with the following interest:

    • 0,40% annual NIR (1,72% APR for the first year with a balance of up to €15,000) if you have your salary or pension paid automatically into your account.

    • 0,10% annual NIR (0,10% ​​​​​​​ APR for a balance of up to €1,000,000) if conditions aren't met. 

  • Receive the interest in your fee-free savings account each month.

An account that adjusts to your savings, with no fees
 

  • Open your Openbank Savings Account from €1.
    ​​​​​​​

  • Deposit the money you want, when you want and for however long you want.

  • You can withdraw all or a portion of your money and interest at any time.

  • There are no fees to open, maintain or close your savings account.

  • No minimum time: there is no cancellation penalty.

And more advantages for your salary

  • If your salary is paid automatically into your account, you not only get a higher return, but also enjoy the advantages of the Open Payroll Account:

    • Opening and closing your Open Payroll Account is free.

    • No maintenance fees.

    • You will get 1 % cashback on your electricity, gas, telephone, mobile phone and Internet bills paid by direct debit.

    • Your Open Debit Card is free for the main holder.

    • The Open Credit Card is also free.

    • Your transfers in Spain and internationally to the EU in euros are without fees.

    • And besides, with Open Discounts you can save on great brands when you pay with your cards.

* Interest for the first year. Monthly interest payments.
​​​​​​​Examples of interest with a constant balance of €15,000 during the first year, provided that your salary or pension of at least €900 is paid automatically into your account.
   - If conditions are met: the first 6 months with an annual nominal interest rate of 3% and 0.40% for the following 6 months (1,72% APR), interest of €255 gross per year.
   - If conditions aren't met: with a constant balance of €15,000 during the first year, 0.10% nominal annual interest (0,10% APR), interest of €15 gross per year.
​​​​​​​ Examples of interest with a constant balance of €18,000 during the first year, provided that your salary or pension of at least €900 is paid automatically into your account.
   - If conditions are met: the first 6 months with an annual nominal interest rate of 3% and 0.40% for the following 6 months (1.50% APR), interest of €267 gross per year.
   - If conditions aren't met: with a constant balance of €18,000 during the first year, 0.10% nominal annual interest (0,10% APR), interest of €18 gross per year.


** For amounts over 15,000 euros, your nominal interest rate will be 0.40% annual NIR for the first 6 months TAE (0.40%), provided that your salary or pension of at least €900 is paid automatically into your Open Payroll Account.
For example for a one-year investment of 18,000 euros:

   - 3% annual NIR for the first 15,000 euros for the first 6 months
   - 0.40% annual NIR for the remaining 3,000 euros for the first 6 months
   - 
0.40% annual NIR 18,000 euros for the remaining 6 months until the year is complete. (Total APR of 1.50% for a one-year investment of 18,000 euros).

 

onboarding

Become a customer in just three steps, wherever you are

1

Complete the online form

To become a customer, we need to know a few things about you. Complete the online form and choose your access code.

2

Confirm your identity

Without having to go anywhere. By video call, providing your account number in another bank or with a messenger.

3

Sign electronically

We will send you an SMS text with a security code in order to access your contract so that you can sign it online.

Open Discounts

Enjoy them paying with your Openbank cards

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