Welcome Savings Account
3.30% APR 1 and 3.25% annual NIR with a monthly direct deposit (€900 min.)
Open your interest-bearing account by 29 December 2025 only using the code BIENVENIDA.
- The first 3 months: earn interest at 3.30% APR1 and 3.25% annual NIR when you set up or make a monthly direct deposit of least €900, or 2.02% APR1 and 2.00% annual NIR without a monthly direct deposit.
- After the first 3 months: the Welcome Savings Account will automatically be converted into the Openbank Savings Account, and the nominal interest rates in force at the time will be applied.
- Save from as little as €1 up to €1,000,000.
- Deposit the money you want, when you want and for as long you want.
- Receive the interest in your Welcome Savings Account each month.
- Withdraw all or some of your money and the interest earned at any time.
- Open, maintain and close the account completely free of charge.
- Withdraw all or some of your money and the interest earned at any time.
- With the Welcome Savings Account, you also get a free Open Current Account and Open Debit Card. Two accounts and a card without fees2 that let you save and manage your money.
See Pre-Contractual Information and Fee Brochure for the Welcome Savings Account
The safe option for your savings
With the backing and solvency of the Santander Group
Want to learn more about the Welcome Savings Account?
What is the Welcome Savings Account?
What interest do you earn?
Does it cost anything?
How can you open a Welcome Savings Account?
What is the Welcome Savings Account?
This account offers monthly interest on your savings. You can open it with €1, earn interest on up to €1,000,000, and add as much money as you want, whenever you want. Plus, you can withdraw all or some of your money, together with the interest you have earned, at any time by sending a standard external or internal transfer in euros within the European Union. The account is completely free: no maintenance, administration or closure fees. See the Fee Information Document for the Welcome Savings Account.
What interest do you earn?
Over the first 3 months, just for opening an account, you will earn interest at 2.02 % APR1 and 2.00% annual NIR on up to €1,000,000.
Plus, if you set up a monthly deposit for your salary, pension, unemployment benefit or monthly income (€900 min.), the interest rate will increase, earning 3.30% TAE and 3.25% NIR1 on up to €1,000,000. No interest will be earned on any amount above €1,000,000.
After the first three (3) months, your Welcome Savings Account will be automatically converted into an Openbank Savings Account and the nominal interest rates in force at that time will be applied.
Does it cost anything?
No. The Welcome Savings Account is free of charge: no maintenance, administration or closure fees.
Plus, when opening the savings account, you will also receive an Open Current Account, with no maintenance, administration or closure fees, and an Open Debit Card, with no issuance or renewal fees for the main cardholder.
At Openbank, instant transfers in euros within the EU are completely free.
See the applicable fees for using the main services associated with the payment account in the Pre-Contractual Information and Fee Information Document for the Welcome Savings Account.
How can you open a Welcome Savings Account?
To open the Welcome Savings Account, you will also need to open an Open Current Account that comes with a free Open Debit Card for the main holder: no issuance or renewal fees.
Two accounts and a card without fees that allow you to save and manage your money.
Open your accounts online or, if you would prefer to speak to someone, call us on 91 177 33 37 or 900 36 53 66 if you're still not a customer yet.
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1 Interest for the first three (3) months. Monthly interest settlement.
Representative example of interest earned with a balance of €25,000 up to €1,000,000:
> 3.30% and 3.25% annual NIR in the event of setting up a direct deposit for a salary, pension, unemployment benefit or recurring deposits of at least €900/month, which must not come from an Openbank account, the gross annual interest would be €203.13.
> 2.02% and 2.00% annual NIR in the event of not setting up a direct deposit for a salary, pension, unemployment benefit or recurring deposits of at least €900/month, which must not come from an Openbank account, the gross annual interest would be €125.
2 No card issuance, maintenance or renewal fee for the main holder.