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Discover the Openbank account and benefits!

Discover the Openbank account today. It allows you to make free withdrawals and is a great option for those looking for a digital account. Keep reading and see more!

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Discover everything about the Openbank account and other associated products

logo openbank fundo azul
So, find out more about the Openbank account! Source: Youtube Openbank.

The Openbank account is a digital account that brings many facilities to your life. So, check out today all the details about this banking opportunity to manage your money that belongs to Banco Santander.

In fact, it is a bet by the banking institution, which brought a new service to the public by investing in the e-banking sector. That is, a completely online alternative, following market trends.

logo openbank fundo branco

How to open your Openbank account?

See how to open an Openbank account and enjoy incredible benefits, such as an investment platform and debit card!

So, check out the details of this account below. Who knows, maybe she's perfect for you? Oh, before that, it's worth remembering that it comes with the R42 debit card. Therefore, it is a complete service. So, see how it works!

Openbank Current AccountR42 debit card
FeesFree€7,99
BenefitsFree withdrawals in the European Union at Santander bank accounts; Up to 5 free monthly withdrawals from 24-hour ATMs; Free account; Online membership.Travel insurance, medical assistance when traveling, 5 free withdrawals per month from ATMs and free withdrawals from Santander ATMs in the European Union.

How does the Openbank account work?

But, after all, how does the Openbank account work? Source: Pexels.

Well, the Openbank account has online membership and allows transfers between accounts, deposits and payments. Therefore, it is a facility that Santander offers its customers when introducing e-banking.

Furthermore, it is worth noting that this is an option for residents of Portugal who have up-to-date documentation and are over 18 years old. Therefore, even Brazilians can use it, as long as they have Portuguese residency.

Advantages and related products

Among the main advantages that the Openbank account offers are:

  • Online opening;
  • Completely free account opening, maintenance and cancellation;
  • Free transfers to national accounts or in European Union countries, as long as they are made in Euros;
  • Free withdrawals from more than 40,000 Santander ATMs in the European Union;
  • 5 free monthly withdrawals from 24-hour ATMs.

Furthermore, the account also offers some additional benefits. They correspond to the R42 debit card as well as the Robo-Advisor investment platform.

R42 debit card

Firstly, the Openbank account offers the R42 debit card. It has travel insurance assistances as well as allows use across the European Union.

Robo-Advisor

Furthermore, account customers have access to Robo-Advisor, which allows investments with free assistance from 500 Euros.

Disadvantages

Among the main disadvantages is the limitation of the card and account in the European Union. Also, the restriction for those residing in Portugal. Likewise, the absence of a credit card.

How to use Openbank?

Well, you can use it through the Openbank app or even on your smartwatch. Thus, keep track of all expenses and movements.

How to deposit money on Openbank

Finally, you can deposit funds into your account at Santander bank ATMs. Or, by transfers.

So, if you want to take advantage of all these advantages and financial functions, just discover the step-by-step guide to opening your account, which is included in our content below. Access by clicking the button below!

logo openbank fundo branco

How to open an Openbank account

See how to open an Openbank account and enjoy incredible benefits, such as an investment platform and debit card!

About the author  /  Aline Augusto

My name is Aline Mesquita, I'm a writer here on the blog, where I write about finance in general, as well as other topics. I have been working with content creation for 10 years, with a postgraduate degree in Project Management, with expertise in SEO practices, in addition to studying finance, market trends and cryptocurrencies.

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