Savings Account
An interest-bearing account for flexible saving.You can now open a Savings Account for a child
Regular saving in a child's Savings Account can add up to a large amount saved by the time the child reaches adulthood, particularly if interest is accrued. You can open a Savings Account for a child by booking an online or branch appointment with an OP cooperative bank.
Only one guardian needs to attend the appointment. The attending guardian will need valid power of attorney from the child's other guardians, which can be granted via the op.fi service.
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
From 1 January 2026 onwards, you can choose how you use your OP bonuses. You can use OP bonuses for paying banking service charges, insurance premiums and legal service fees, invest bonuses into funds via OP-mobile, or take the bonuses out in cash. The default selection is to use OP bonuses for banking service charges and insurance premiums.
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.
You can open a Savings Account for yourself conveniently at any time in the op.fi service or on OP-mobile. You can also book an online or branch appointment with an OP cooperative bank to open the account. Opening the account and withdrawing savings are free of charge. The account also comes with no 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.
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”.