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GgoogleES first seen 6 d ago, last 6 d ago, peak #2

Openbank raises interest on its savings account to 3.25%

Original: openbank cuenta remunerada

Openbank, the Santander-owned Spanish digital bank, has raised the return on its remunerated account to 3.25%. Cinco Días frames the move as a response to competition from neobanks as Spanish lenders fight for retail deposits. The higher yield makes Openbank one of the more competitive paying accounts in the Spanish market, and interest online is growing around how long banks can keep raising rates on savings.

Why now: Spanish savers are actively comparing deposit rates as banks compete for deposits.

OpenbankBanco SantanderCinco Días

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Rank over time, top of the chart is #1. 7 snapshots from 6 d ago to 6 d ago.

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