Openbank

Openbank is operated by Open Bank, S.A. (Openbank, a Santander Group brand), headquartered in Madrid, Spain (Subsidiary of BME: SAN (Banco Santander S.A.)). The product launched 1995 (as Open Bank Santander) and Santander Group's digital bank brand. This 2026 review covers operator context, the current tier ladder, the feature set that matters for buyers and the live signals to watch before subscribing.

Quick facts

• Operator: Open Bank, S.A. (Openbank, a Santander Group brand)
• Headquarters: Madrid, Spain
• Public-market status: Subsidiary of BME: SAN (Banco Santander S.A.)
• Founded: 1995 (as Open Bank Santander)
• Category: banking & payments
• Current tiers: Standard account / Premium / Inversiones
• Anchor price (2026): €0/mo current account
• Competitive set: competing with ING Direct (España), Revolut, N26 and BBVA in European digital banking

What is Openbank?

Openbank is Santander Group's digital bank brand. The product is competing with ING Direct (España), Revolut, N26 and BBVA in European digital banking. Customers buy a tier that matches their usage profile — the entry tier handles online and mobile-first banking in Spain, Portugal, Germany, Netherlands, while the mid and premium tiers add depth such as tariff-free current accounts and investment account with Santander brokerage access. Subscription billing happens through the operator's checkout or partner billing surfaces.

Why choose Openbank

Operator and market position

Open Bank, S.A. (Openbank, a Santander Group brand) runs Openbank from Madrid, Spain. Its public-market status (Subsidiary of BME: SAN (Banco Santander S.A.)) and category position (competing with ING Direct (España), Revolut, N26 and BBVA in European digital banking) shape the credibility of the operator's roadmap and pricing decisions. Buyers should weigh that operator context alongside headline features — a well-capitalised parent typically translates into faster bug fixes, longer support cycles and more predictable price changes than a smaller indie operator.

Account ladder and fees

The Openbank tier ladder runs Standard account, Premium, Inversiones. Anchor pricing in 2026 starts around €0/mo current account for the entry tier and steps up by tier with named feature unlocks. Confirm the live regional price on the operator's site, then cross-check Subger's true-price tracker for Openbank for the all-in renewal cost after taxes and FX conversion.

Apps, integrations and customer support

Apps and customer-experience surfaces matter as much as headline feature counts. Openbank delivers its core workflow across the platform surfaces listed in the platform table below, with notifications and self-service flows handled in-app. The 2025-2026 differentiator to watch: 2024-2025 US launch under Openbank brand (Santander Group US digital bank rollout).

Openbank features that matter in 2026

Current feature set that buyers should weigh:

• online and mobile-first banking in Spain, Portugal, Germany, Netherlands
• tariff-free current accounts
• investment account with Santander brokerage access
• savings accounts (Spain incl. Tipo Fijo)
• Mastercard debit
• contactless payments and Apple Pay

Feature availability varies by region and tier; the headline list above reflects the operator's primary positioning. Confirm specific regional availability on the operator's marketing pages before committing.

Openbank pricing in 2026

The Openbank tier ladder in 2026 looks like:

Headline prices step up across the ladder; promotional first-period anchors and regional FX can change the all-in cost. Subger's tools reconcile the list price with the actual renewal cost:

Openbank apps and platform support

Surface availability can vary by region and tier; confirm current app availability and supported devices on the operator's site before subscribing.

Who Openbank fits

Openbank is most likely a good match for the following buyers:

• European customers wanting tariff-free digital current account under santander group — the core target audience for the product.
• Category-focused subscribers who specifically want online and mobile-first banking in Spain, Portugal, Germany, Netherlands from competing with ING Direct (España), Revolut, N26 and BBVA in European digital banking rather than a generalist platform.
• Tier-comparing households or teams evaluating the Standard account → Inversiones ladder and willing to pay up for savings accounts (Spain incl. Tipo Fijo).
• Cross-device users who need apps across the surfaces in the platform table above.
• Price-sensitive shoppers who want to track promotional anchors via Subger's true-price tracker and deals page before committing to annual billing.

Frequently asked questions

Who runs Openbank and where is it based?

Openbank is run by Open Bank, S.A. (Openbank, a Santander Group brand), headquartered in Madrid, Spain. The operator's public-market status is: Subsidiary of BME: SAN (Banco Santander S.A.). The product was founded 1995 (as Open Bank Santander).

How much does Openbank cost in 2026?

The 2026 tier ladder is Standard account, Premium, Inversiones, with anchor pricing starting around €0/mo current account. Regional currency and promotional cycles can shift the all-in cost; Subger's true-price tracker reconciles the headline price with renewal reality.

Is there a free tier or free trial for Openbank?

Yes — the Standard account tier is positioned as an entry option without an immediate paid commitment.

Where is Openbank available?

Availability follows the operator's licensing and service footprint from Madrid, Spain. Confirm regional availability on the official site before subscribing.

What 2025-2026 features set Openbank apart right now?

The live differentiator to watch: 2024-2025 US launch under Openbank brand (Santander Group US digital bank rollout). Pair that with the headline features (online and mobile-first banking in Spain, Portugal, Germany, Netherlands, tariff-free current accounts, investment account with Santander brokerage access) to judge whether the current roadmap fits your needs.

Which competitors should buyers compare Openbank against?

Openbank is most directly competing with ING Direct (España), Revolut, N26 and BBVA in European digital banking. Run a side-by-side feature and price comparison with those alternatives — Subger's category pages help with the shortlist.

How do I cancel Openbank?

Cancel through the account or subscription settings on the surface where you bought the plan: the operator's website for direct subscriptions, the App Store or Google Play for in-app purchases, or the partner billing portal for bundled subscriptions. Subger's cancellation guide for Openbank walks through each route step-by-step.

Does Openbank offer a team or multi-seat plan?

Multi-user, team or seat structure depends on the tier. Higher tiers commonly add admin controls and seat-sharing; entry tiers can restrict simultaneous usage. Confirm the per-tier seat limit on the live pricing page before committing.

How can I track price changes for Openbank?

Subger's renewal tracker for Openbank records list-price changes plus promotional anchors over time. Pair it with the deals page for current discount codes and the promo codes page for stackable savings at signup.

Get started with Openbank

Confirm the current regional price on the Open Bank, S.A. (Openbank, a Santander Group brand) signup page, choose the tier that matches your usage (Standard account or Premium are the most common starting points), and check Subger's deals page for Openbank for promotional anchors before completing checkout. Track the subscription's true renewal cost with the true-price tracker once you're signed up.

Related Subger guides

• Cancel Openbank guide
• Latest Openbank deals
• Openbank promo codes
• Openbank true price and renewal tracker
• Browse the banking & payments category hub
• All services on Subger