Savings Account
An interest-bearing account for flexible saving.Save money into your account in your own time and use your savings at any time
You can flexibly make deposits to the account and use your account savings anytime, without withdrawal limits or charges.
The more you save in the Savings Account, the higher the rate of interest
The account's interest rate consists of three interest steps. The rate increases according to the steps when you save more money in the account. Use the interest rate calculator to see an estimate of how much interest your savings would currently earn.
As an OP cooperative bank owner-customer, your savings will earn you OP bonuses
Owner-customers earn OP bonuses on their savings in the account. The bonuses are used to cover banking and insurance service charges and fees. As an owner-customer, you will earn 40% more OP bonuses until the end of 2025 compared to the normal level of 2022.
What is Savings Account?
The Savings Account is an easy and carefree account suitable for flexible saving. You can save money into the account by making single deposits at a pace that suits you. You can also use your savings in the Savings Account at any time without withdrawal limits or cost.
The account has no limits for a minimum or maximum deposit, meaning that you can save as much as you like in the account. Savings in the account are protected with a deposit guarantee.
Saving into the Savings Account is profitable because interest will be paid on the funds in your account. In addition, OP cooperative bank owner-customers earn OP bonuses through savings in the account.
Open a Savings Account today conveniently on the op.fi service or OP-mobile. Opening an account and withdrawal of savings from the account are free of charge. The account is also without a monthly charge.
For whom is the Savings Account suitable?
The Savings Account suits you if you want
- an easy and flexible way to save money in an account
- your savings to be always available to you with no restrictions
- interest on your savings
- to earn OP bonuses on your savings if you're an owner-customer.
Please note that you have to be an adult to open a Savings Account, and that you can only open one Savings Account.
What is the interest rate on the Savings Account?
The Savings Account deposit interest rate consists of three interest steps. The interest rate increases according to the steps as savings in the account grow. The more savings you deposit in the account, the higher the rate you receive.
Interest is paid according to interest steps so that each step's savings receive interest based on that step's rate. Smaller savings belong to the first interest step, whereas larger savings reach higher steps and will therefore earn better interest. Read more about the determination of Savings Account interest under “Deposit interest rate”.
