Welcome Savings Account with payroll

Welcome Savings Account with Payroll

A fee-free savings account for new customers

Promotional code: BIENVENIDANOMINA

Become a customer

More return with your payroll

Earn interest at 5% annual NIR* (2.66% APR) for the first 6 months from €1 to €5,000, subject to 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 

As a new customer, you will enjoy the following benefits:

First six months

  • If you meet the conditions, i.e., your salary or pension of at least €900 is paid directly into your Open Payroll Account: 5% annual NIR* (2.66 % APR). 

  •  If you don't meet the conditions: 0.05% annual NIR (0.05% APR)

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

  • If your salary or pension is paid directly into your account: 0.20% NIR (0.20% APR)

  •  If conditions aren't met: 0.05% annual NIR (0.05% APR)

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 at any time. No fees!

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

  • No minimum contract: there is no cancellation penalty.

Plus more advantages for your salary

  • If your salary is paid directly into your account, you get to not only enjoy a higher return, but also 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 euros within Spain and the EU carry no fees.

    • Plus, with Open Discounts you can save on top brands when you pay with your cards.

* Interest for the first year. Monthly interest payments.
Examples of interest with a constant balance of €5,000 during the first year, provided that your salary or pension of at least €900 is paid directly into your account.
   - If conditions are met: the first 6 months with an annual nominal interest rate of 5% and 0.20% for the following 6 months (2.66% APR)= gross interest of €130 per year.
   - If conditions aren't met: with a constant balance of €5,000 during the first year, at an annual nominal interest rate of 0.05% (0.05% APR) = gross interest of €2.50 per year.


Become a customer in just three steps, wherever you are


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.


Confirm your identity

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


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

Get discounts paying with your Openbank cards