OpenbankWelkom Spaarrekening
- Promotional rate
- 3.10%
- then 2.25%
- since 22 Sep 2026
- EffectiveThe effective annual rate for €10,000: what you really earn per year, after fees and including compound interest, so that terms and payout frequencies are comparable. The promotional rate applies for 6 months on at most €1,000,000; after that 2.25%. Above €300,000 you earn no interest. Interest is compounded during the term and earns interest on interest.
- 2.71%
- for €10,000
- Your return on €10,000
- €271
- interest per year
- Deposit guarantee
- €10,000 fully protectedSpanish scheme
Open Bank, S.A. · Fondo de Garantía de Depósitos de Entidades de Crédito (FGD) · €100,000 per person per bank
Your calculation for €10,000
Rate and conditions
| Balance | Rate |
|---|---|
| €0 – and up | 2.25% |
- Interest-bearing up to
- €300,000
- Interest payout
- monthly, compounded (interest on interest)
- Fees
- none
- Promotional rate 3.10% for 6 months on at most €1,000,000
- New customers only
- 3.10% over het saldo t/m € 1.000.000 gedurende de eerste 6 maanden; daarna wordt de rekening een Open Spaarrekening (2.25% t/m € 300.000)
- Access
- Instant access
- Minimum deposit
- none
- Maximum deposit
- not stated
- Current account required
- yes
- For whom
- new customers only
- Open via
- Direct · available to residents of the Netherlands
- Alleen voor nieuwe klanten (aanmelden met code WELKOM); samen met een gratis Open Betaalrekening
- Na 6 maanden automatisch omgezet naar een Open Spaarrekening
- Rente wordt maandelijks uitgekeerd
Deposit guarantee
Open Bank, S.A. · Fondo de Garantía de Depósitos de Entidades de Crédito (FGD) · €100,000 per person per bank
How is my money protected?
Open Bank, S.A. (Openbank, Santander Consumer Bank) share one banking licence: balances at these brands count together for the guarantee.
Other brands on the same licence: Santander Consumer Bank.
Licence and verification
- Institution
- Open Bank, S.A.
- Status
- Verified European deposit guarantee scheme
- Scheme
- Fondo de Garantía de Depósitos de Entidades de Crédito (FGD) (Spain)
- Guarantee
- €100,000 per person per institution
- Verification
- Wettelijke DGS-informatie van Open Bank, S.A.source ↗ · 15 Sep 2026
details
Fondo de Garantía de Depósitos, € 100.000); FGD-register is niet machinaal leesbaar
Taxes
- Country
- Spain
- Withholding tax
- Reducible to 0%
- Standard rate
- 19.00%
- For a Dutch saver
- 0.00% (after paperwork)
- Notes
- Spain withholds by default 19% tax at source. With a certificate of residence (through the bank or Raisin) that becomes 0% for a Dutch saver; what was already withheld can be reclaimed.
Rates are gross. The Dutch box 3 wealth tax is separate and not included.
Read on: Withholding tax on foreign savings interest: what do you really keep?
Read on: Is saving at a foreign bank safe? How the deposit guarantee works in Europe · Saving more than €100,000: how to spread your money across banks
Rate history
| From | Rate | Until |
|---|---|---|
| 22 Sep 2026 | 3.10% | current |
| 2 Sep 2026 | 3.10% | 22 Sep 2026 |
All historic rates of Openbank →All savings products of Openbank →
- 22 Sep 2026Openbank – Welkom Spaarrekening: base rate 1.80% → 2.25%
- 2 Sep 2026New: Openbank – Welkom Spaarrekening 3.10%
Rate checked on 2 Nov 2026.