Openbank offers a 100 Euro initial bonus to new customers, guaranteeing their start with the bank is secured with a bonus.
Openbank, the digital-only bank subsidiary of Santander, has announced a new promotion offering a 100 Euro welcome bonus for new customers. This promotion is valid until July 15, 2025, making it an attractive opportunity for those looking to bank digitally in Spain with some immediate financial incentives.
To qualify for the bonus, customers must be new to Openbank and meet certain conditions. Typically, these conditions include registering a new account, making a minimum deposit, and maintaining some transactional activity, although the exact thresholds have not been disclosed. It is advisable to check Openbank’s official promotion page or contact their customer service for precise eligibility and terms.
The promotion comes with additional benefits. Openbank is rated as the best digital-only bank option in Spain, with a high customer rating of 4.7/5. It offers an attractive annual percentage yield (APY) of up to 2.3% on savings, and there are no monthly fees for the account, making it cost-effective for customers.
After maintaining the deposit for six months, the 100 Euro bonus will be credited to the Openbank checking account. Customers must deposit at least 700 euros into their Open checking account or the welcome savings account by July 31, 2025, to be eligible for the bonus.
Openbank customers also receive the Open Debit Plus Card for free, allowing for free cash withdrawals up to five times a month within the Eurozone. For an additional €7.99 per month, customers can activate the Travel+ subscription, which offers five additional free cash withdrawals worldwide per month and foreign currency transactions without fees.
Openbank checking account management and transfers within the EU are free of charge. Customers can also withdraw cash for free five times a month from ATMs of the Santander group. However, it is important to note that the new funds cannot be transferred from another Openbank account.
It's worth mentioning that this welcome bonus is an exception as many free checking accounts do not offer bonuses. Openbank is the fully digital version of the Santander Bank.
Please note that the promotion's details are subject to change without notice. This article contains affiliate links, and making a purchase through them may result in a small commission for the authors.
In summary, the key points for the 100 Euro welcome bonus with Openbank are:
- Exclusively for new customers opening a digital-only account. - Likely subject to minimum activity or deposit conditions. - Comes with the advantage of no fees and competitive savings interest.
For those considering a switch to digital banking in Spain, Openbank presents an appealing choice with this attractive welcome bonus promotion.
- What terms must I meet to receive the 100 Euro welcome bonus from Openbank, the top-rated digital-only bank in Spain? To qualify, you need to be a new customer, register a new account, make a minimum deposit, and maintain some transactional activity.
- If I'm interested in personal finance and business, this promotion from Openbank offers additional benefits such as high-yield savings, no monthly fees, and a free debit card with free cash withdrawals in the Eurozone, making it a smart choice for digital banking in Spain.
