Welcome Savings Account without fees

Welcome Savings Account
 

We welcome your savings with no fees.

Promotional code: BIENVENIDA

Open your account

Financial returns from day one

Obtain an annual NIR of 1,00%* during the first sixmonths. (0,60% APR) from €1 to €5,000 subject to condition. 

Save flexibly

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

Your money always available

Withdraw what you need at any time.

No charges or fees

Open, maintain or close your savings account, free of charges or fees.

Receive interest on your savings from the first day

  • The first six months: Savings account for new customers at a nominal interest rate of 1,00% (0,60% APR).

  • From the seventh month, your Welcome Account becomes your  Openbank Savings Account with the following advantages:

    • If you arrange to have your salary or pension of at least €600/month directly deposited, or to have three monthly or bimonthly bills directly debited, you will receive an annual NIR of  0,20% ( 0,20%APR).

    • If you don´t meet thecondition you will receive an annual NIR of 0,05% (0,05% APR).

Receive the interest in your savings account each month free of charge.

An account that adjusts to your savings

  • Open your Openbank Savings Account from between €1 and €1,000,000.

  • 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.

No fees!

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

  • No minimum contract: there is no cancellation penalty.


*Examples of interest earned with a constant balance of €5,000 during the first year If you arrange to have your salary or pension of at least €600/month directly deposited, or to have three monthly or bimonthly bills directly debite.

-Meeting Condition: the first 6 months at 1% TIN per year and 0.20% TIN per year for the following 6 months. APR 0.60%. Remuneration of 30 euros gross per year.

- No condition: the first 6 months at 1% TIN per year and 0.05% TIN per year for the following 6 months. APR 0.53%. Remuneration of 26.25 gross per year.

The maximum amount to be paid into the Welcome Savings Account will be 5,000 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