OpenbankWelkom Spaarrekening
Instant access · Open Bank, S.A. · Spain · Directly at the bank
Promotional rateNew customers onlyCurrent account required
- Promotional rate
- 3.10%
- then 1.80%
- 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 1.80%. Above €300,000 you earn no interest. Interest is compounded during the term and earns interest on interest.
- 2.48%
- for €10,000
- Your return on €10,000
- €248
- 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
Gross interest over 1 year: €248.
Existing customers do not get the promotional rate: 1.80% → €181 over 1 year.
In the calculation: 6 months promotional rate (€156), then the base rate.
Assumption: the variable rate stays the same for the whole period. Gross, before tax.
Interest built up over 1 year
Rate and conditions
| Balance | Rate |
|---|---|
| €0 – and up | 1.80% |
- Interest-bearing up to
- €300,000
- Interest payout
- monthly, compounded (interest on interest)
- Fees
- none
Promotion conditions
- 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 (1.80% 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
€10,000 fully protected
Spanish scheme
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 ↗
details
Fondo de Garantía de Depósitos, € 100.000); FGD-register is niet machinaal leesbaar
Rate history
3.10% since 2 Sep 2026. We have not seen a change since; once the rate changes, the chart appears here.
All historic rates of Openbank →All savings products of Openbank →
- 2 Sep 2026New: Openbank – Welkom Spaarrekening 3.10%
Rate checked on 18 Sep 2026.